Pepco Holdings CEO Joseph Rigby's 2010 pay rises 14% to $3.6M

Pepco Holdings reports 2010 executive compensation

By ExecPay News

Published: March 31, 2011

Pepco Holdings reported fiscal year 2010 executive compensation information on March 31, 2011.
In 2010, six executives at Pepco Holdings received on average a compensation package of $1.8M, a 13% increase compared to previous year.
Average pay of disclosed executives at Pepco Holdings
Joseph M. Rigby, Chief Executive Officer, received $3.6M in total, which increased by 14% compared to 2009. 55% of Rigby's compensation, or $1.9M, was in stock awards. Rigby also received $589K of change in pension value and nonqualified deferred compensation earnings, $880K in salary, as well as $141K in other compensation.
Anthony J. Kamerick, Chief Financial Officer, received a compensation package of $2.3M, which increased by 48% compared to previous year. 37% of the compensation package, or $845K, was of change in pension value and nonqualified deferred compensation earnings.
Kirk J. Emge, Chief Executive Officer, earned $1.6M in 2010, a 40% increase compared to previous year.
Gary J. Morsches, Chief Executive Officer, received $1.2M in 2010.
David M. Velazquez, Executive Vice President, earned $1.2M in 2010, a 11% decrease compared to previous year.
John U. Huffman, Chief Executive Officer, received $1.2M in 2010, which increases by 17% compared to 2009.

Related executives

Joseph Rigby

Pepco Holdings

Chief Executive Officer

Anthony Kamerick

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Chief Financial Officer

David Velazquez

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Executive Vice President

John Huffman

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Chief Executive Officer

Kirk Emge

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Gary Morsches

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Source: SEC filing on March 31, 2011.