Dominion Resources Chairman Thomas Farrell's 2021 pay slips 20% to $13M
Dominion Resources reports 2021 executive compensation
By ExecPay News
Published: March 25, 2022
Dominion Resources reported fiscal year 2021 executive compensation information on March 25, 2022.
In 2021, six executives at Dominion Resources received on average a compensation package of $5.5M, a 17% decrease compared to previous year.
Average pay of disclosed executives at Dominion Resources
Thomas F. Farrell II, Chairman, received $13M in total, which decreased by 20% compared to 2020. 77% of Farrell's compensation, or $9.8M, was in non-equity incentive plan. Farrell also received $309K in salary, $2.5M in stock awards, as well as $196K in other compensation.
For fiscal year 2021, the median employee pay was $110,406 at Dominion Resources. Therefore, the ratio of Thomas F. Farrell II's pay to the median employee pay was 116 to one.
Robert M. Blue, Chief Executive Officer, received a compensation package of $8.2M, which increased by 3% compared to previous year. 40% of the compensation package, or $3.3M, was in stock awards.
Diane Leopold, Chief Operating Officer, earned $4.6M in 2021, a 44% decrease compared to previous year.
Daniel G. Stoddard, Senior Vice President, Chief Nuclear Officer and President–Contracted Assets, received $2.9M in 2021, which decreases by 12% compared to 2020.
James R. Chapman, Chief Financial Officer, earned $2.8M in 2021, a 16% increase compared to previous year.
Carlos M. Brown, General Counsel, received $1.9M in 2021, which decreases by 4% compared to 2020.
Related executives
Robert Blue
Dominion Resources
Chief Executive Officer
James Chapman
Dominion Resources
Chief Financial Officer
Diane Leopold
Dominion Resources
Chief Operating Officer
Daniel Stoddard
Dominion Resources
Senior Vice President, Chief Nuclear Officer and President–Contracted Assets
Carlos Brown
Dominion Resources
General Counsel
Thomas Farrell
Dominion Resources
Chairman
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Source: SEC filing on March 25, 2022.