CenturyLink CEO Jeffrey Storey's 2020 pay slips 2% to $17M
CenturyLink reports 2020 executive compensation
By ExecPay News
Published: April 7, 2021
CenturyLink reported fiscal year 2020 executive compensation information on April 7, 2021.
In 2020, five executives at CenturyLink received on average a compensation package of $5.9M, a 5% increase compared to previous year.
Average pay of disclosed executives at CenturyLink
Jeffrey K. Storey, Chief Executive Officer, received $17M in total, which decreased by 2% compared to 2019. 67% of Storey's compensation, or $11M, was in stock awards. Storey also received $3.6M in non-equity incentive plan, $1.8M in salary, as well as $123K in other compensation.
For fiscal year 2020, the median employee pay was $73,091 at CenturyLink. Therefore, the ratio of Jeffrey K. Storey's pay to the median employee pay was 232 to one.
Indraneel Dev, Chief Financial Officer, received a compensation package of $5.2M, which increased by 30% compared to previous year. 69% of the compensation package, or $3.6M, was in stock awards.
Stacey W. Goff, General Counsel, earned $3.3M in 2020, a 6% decrease compared to previous year.
Shaun C. Andrews, Chief Marketing Officer, received $2.3M in 2020, which increases by 37% compared to 2019.
Scott A. Trezise, EVP, Human Resources, earned $1.8M in 2020, a 7% increase compared to previous year.
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Source: SEC filing on April 7, 2021.