Level 3 Communications CEO Jeff Storey's 2014 pay jumps 35% to $11M

Level 3 Communications reports 2014 executive compensation

By ExecPay News

Published: April 7, 2015

Level 3 Communications reported fiscal year 2014 executive compensation information on April 7, 2015.
In 2014, seven executives at Level 3 Communications received on average a compensation package of $3.8M, a 13% decrease compared to previous year.
Average pay of disclosed executives at Level 3 Communications
Jeff K. Storey, Chief Executive Officer, received $11M in total, which increased by 35% compared to 2013. 61% of Storey's compensation, or $6.6M, was in stock awards. Storey also received $3M in bonus, $979K in salary, as well as $228K in other compensation.
Sunit S. Patel, Chief Financial Officer, received a compensation package of $5.1M, which increased by 5% compared to previous year. 66% of the compensation package, or $3.3M, was in stock awards.
Andrew E. Crouch, Regional President, EMEA and GAM, earned $3.1M in 2014, a 9% increase compared to previous year.
Laurinda Y. Pang, Regional President, North America and Asia Pacific, received $2.5M in 2014, which increases by 19% compared to 2013.
John F. Waters, Jr, Chief Technology Officer, earned $2.3M in 2014, a 5% decrease compared to previous year.
John M. Ryan, Chief Legal Officer, received $2.2M in 2014.
John T. Blount, Regional President, North America and Asia, earned $311K in 2014.

Related executives

Andrew Crouch

Level 3 Communications

Regional President, EMEA and GAM

Laurinda Pang

Level 3 Communications

Regional President, North America and Asia Pacific

John Ryan

Level 3 Communications

Chief Legal Officer

John Blount

Level 3 Communications

Regional President, North America and Asia

John Waters

Level 3 Communications

Chief Technology Officer

Jeff Storey

Level 3 Communications

Chief Executive Officer

Sunit Patel

Level 3 Communications

Chief Financial Officer

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Source: SEC filing on April 7, 2015.