MYR Group reports 2018 executive compensation

CEO Richard S. Swartz, Jr receives $2.3M

MYR Group reported fiscal year 2018 executive compensation information on March 7, 2019.

In 2018, five MYR Group executives received on average a compensation package of $1,285,456, a 39% increase compared to previous year.

Average pay of disclosed executives at MYR Group

Richard S. Swartz, Jr, Chief Executive Officer, received $2,349,643 in total, which increased by 49% compared to 2017. 51.07% of Swartz's compensation, or $1,199,936, was in stock awards. Swartz also received $535,438 in non-equity incentive plan, $591,250 in salary, as well as $23,019 in other compensation.

Tod M. Cooper, Chief Operating Officer, received a compensation package of $1,136,670, which increased by 41% compared to previous year. 40.46% of the compensation package, or $459,922, was in stock awards.

Betty R. Johnson, Chief Financial Officer, earned $1,134,865 in 2018, a 37% increase compared to previous year.

Jeffrey J. Waneka, Chief Operating Officer, received $935,743 in 2018, which increases by 63% compared to 2017.

Gerald B. Engen, Jr, Chief Legal Officer, earned $870,358 in 2018, a 5% increase compared to previous year.