MGE Energy CEO Gary Wolter receives $775K in 2006
MGE Energy reports 2006 executive compensation
By ExecPay News
Published: April 16, 2007
MGE Energy reported fiscal year 2006 executive compensation information on April 16, 2007.
In 2006, five MGE Energy executives received on average a compensation package of $426K.
Average pay of disclosed executives at MGE Energy
Gary J. Wolter, Chief Executive Officer, received $775K in total. 55% of Wolter's compensation, or $423K, was in salary. Wolter also received $190K in bonus, $139K of change in pension value and nonqualified deferred compensation earnings, as well as $23K in other compensation.
Terry A. Hanson, Chief Financial Officer, received a compensation package of $354K. 55% of the compensation package, or $196K, was in salary.
Scott A. Neitzel, Vice President Energy Supply, earned $345K in 2006.
Kristine A. Euclide, General Counsel, received $343K in 2006.
Jeffrey C. Newman, Vice President and Treasurer, earned $313K in 2006.
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Source: SEC filing on April 16, 2007.