FirstEnergy CEO Charles Jones' 2020 pay falls 31% to $10M
FirstEnergy reports 2020 executive compensation
By ExecPay News
Published: March 26, 2021
FirstEnergy reported fiscal year 2020 executive compensation information on March 26, 2021.
In 2020, seven executives at FirstEnergy received on average a compensation package of $4M, a 34% decrease compared to previous year.
Average pay of disclosed executives at FirstEnergy
Charles E. Jones, Chief Executive Officer, received $10M in total, which decreased by 31% compared to 2019. 60% of Jones' compensation, or $6M, was in stock awards. Jones also received $3M of change in pension value and nonqualified deferred compensation earnings, $945K in salary, as well as $104K in other compensation.
Steven E. Strah, Chief Executive Officer, received a compensation package of $5.8M, which decreased by 4% compared to previous year. 44% of the compensation package, or $2.5M, was of change in pension value and nonqualified deferred compensation earnings.
Samuel L. Belcher, SVP & President, FE Utilities, earned $3.3M in 2020, a 14% increase compared to previous year.
Christine L. Walker, Chief Human Resources Officer, received $2.4M in 2020.
Robert P. Reffner, Chief Legal Officer, earned $2.3M in 2020, a 6% decrease compared to previous year.
Gary D. Benz, SVP, Strategy, received $2M in 2020.
K. Jon Taylor, Chief Financial Officer, earned $2M in 2020.
Related executives
Steven Strah
FirstEnergy
Chief Executive Officer
K Taylor
FirstEnergy
Chief Financial Officer
Samuel Belcher
FirstEnergy
SVP & President, FE Utilities
Gary Benz
FirstEnergy
SVP, Strategy
Christine Walker
FirstEnergy
Chief Human Resources Officer
Charles Jones
FirstEnergy
Chief Executive Officer
Robert Reffner
FirstEnergy
Chief Legal Officer
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Source: SEC filing on March 26, 2021.