El Paso Electric CEO Gary Hedrick receives $2.3M in 2006
El Paso Electric reports 2006 executive compensation
By ExecPay News
Published: March 26, 2007
El Paso Electric reported fiscal year 2006 executive compensation information on March 26, 2007.
In 2006, five executives at El Paso Electric received on average a compensation package of $950K.
Average pay of disclosed executives at El Paso Electric
Gary R. Hedrick, Chief Executive Officer, received $2.3M in total. 35% of Hedrick's compensation, or $796K, was in stock awards. Hedrick also received $283K of change in pension value and nonqualified deferred compensation earnings, $363K in non-equity incentive plan, $337K in option awards, $484K in salary, as well as $36K in other compensation.
Julius F. Bates, Chief Operating Officer, received a compensation package of $834K. 34% of the compensation package, or $284K, was in salary.
Scott D. Wilson, Chief Financial Officer, earned $690K in 2006.
John A. Whitacre, Vice President, System Operations and Planning, received $537K in 2006.
Steven P. Busser, Vice President, Treasurer and Chief Risk Officer, earned $390K in 2006.
Related executives
Gary Hedrick
El Paso Electric
Chief Executive Officer
Scott Wilson
El Paso Electric
Chief Financial Officer
Julius Bates
El Paso Electric
Chief Operating Officer
John Whitacre
El Paso Electric
Vice President, System Operations and Planning
Steven Busser
El Paso Electric
Vice President, Treasurer and Chief Risk Officer
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Source: SEC filing on March 26, 2007.