Kansas City Southern CEO Patrick Ottensmeyer's 2018 pay slips 6% to $5.5M

Kansas City Southern reports 2018 executive compensation

By ExecPay News

Published: April 5, 2019

Kansas City Southern reported fiscal year 2018 executive compensation information on April 5, 2019.
In 2018, five executives at Kansas City Southern received on average a compensation package of $2.4M, a 9% decrease compared to previous year.
Average pay of disclosed executives at Kansas City Southern
Patrick J. Ottensmeyer, Chief Executive Officer, received $5.5M in total, which decreased by 6% compared to 2017. 52% of Ottensmeyer's compensation, or $2.9M, was in stock awards. Ottensmeyer also received $837K in non-equity incentive plan, $850K in option awards, $895K in salary, as well as $84K in other compensation.
For fiscal year 2018, the median employee pay was $48,187 at Kansas City Southern. Therefore, the ratio of Patrick J. Ottensmeyer's pay to the median employee pay was 115 to one.
Michael W. Upchurch, Chief Financial Officer, received a compensation package of $1.7M, which decreased by 9% compared to previous year. 40% of the compensation package, or $674K, was in stock awards.
Jeffrey M. Songer, Chief Operating Officer, earned $1.7M in 2018, a 11% decrease compared to previous year.
Brian D. Hancock, Executive Vice President and Chief Innovation Officer, received $1.6M in 2018, which decreases by 10% compared to 2017.
Warren K. Erdman, Executive Vice President Administration and Corporate Affairs, earned $1.3M in 2018, a 16% decrease compared to previous year.

Related executives

Patrick Ottensmeyer

Kansas City Southern

Chief Executive Officer

Michael Upchurch

Kansas City Southern

Chief Financial Officer

Jeffrey Songer

Kansas City Southern

Chief Operating Officer

Brian Hancock

Kansas City Southern

Executive Vice President and Chief Innovation Officer

Warren Erdman

Kansas City Southern

Executive Vice President Administration and Corporate Affairs

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Source: SEC filing on April 5, 2019.