Level 3 Communications CEO Jeff Storey's 2016 pay rises 5% to $12M

Level 3 Communications reports 2016 executive compensation

By ExecPay News

Published: April 7, 2017

Level 3 Communications reported fiscal year 2016 executive compensation information on April 7, 2017.
In 2016, five executives at Level 3 Communications received on average a compensation package of $5.7M, a 5% decrease compared to previous year.
Average pay of disclosed executives at Level 3 Communications
Jeff K. Storey, Chief Executive Officer, received $12M in total, which increased by 5% compared to 2015. 61% of Storey's compensation, or $7.2M, was in stock awards. Storey also received $3.2M in bonus, $1.2M in salary, as well as $172K in other compensation.
Andrew E. Crouch, Regional President, EMEA and GAM, received a compensation package of $6.1M, which decreased by 2% compared to previous year. 34% of the compensation package, or $2.1M, was in stock awards.
Sunit S. Patel, Chief Financial Officer, earned $5M in 2016, a 36% decrease compared to previous year.
Laurinda Y. Pang, Regional President, North America and Asia Pacific, received $3.4M in 2016, which decreases by 5% compared to 2015.
John M. Ryan, Chief Legal Officer, earned $2.4M in 2016, a 24% decrease compared to previous year.

Related executives

Laurinda Pang

Level 3 Communications

Regional President, North America and Asia Pacific

John Ryan

Level 3 Communications

Chief Legal Officer

Jeff Storey

Level 3 Communications

Chief Executive Officer

Sunit Patel

Level 3 Communications

Chief Financial Officer

Andrew Crouch

Level 3 Communications

Regional President, EMEA and GAM

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Source: SEC filing on April 7, 2017.