EQT CEO Toby Rice's 2020 pay jumps 752,651,400% to $7.5M
EQT reports 2020 executive compensation
By ExecPay News
Published: February 24, 2021
EQT reported fiscal year 2020 executive compensation information on February 24, 2021.
In 2020, six EQT executives received on average a compensation package of $3.8M, a 7% decrease compared to previous year.
Average pay of disclosed executives at EQT
Toby Z. Rice, Chief Executive Officer, received $7.5M in total, which increased by 752,651,400% compared to 2019. 60% of Rice's compensation, or $4.5M, was in stock awards. Rice also received $1.4M in non-equity incentive plan, $1.6M in option awards, as well as $1 in salary.
For fiscal year 2020, the median employee pay was $115,690 at EQT. Therefore, the ratio of Toby Z. Rice's pay to the median employee pay was 65 to one.
David M. Khani, Chief Financial Officer, received a compensation package of $4.6M. 43% of the compensation package, or $2M, was in bonus.
William E. Jordan, General Counsel, earned $4.1M in 2020, a 865% increase compared to previous year.
J. Kyle Derham, Chief Financial Officer, received $3.9M in 2020, which increases by 915% compared to 2019.
Richard A. Duran, Chief Information Officer, earned $1.3M in 2020, a 1% decrease compared to previous year.
Lesley Evancho, Chief Human Resources Officer, received $1.2M in 2020, which decreases by 12% compared to 2019.
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Source: SEC filing on February 24, 2021.