Pepco Holdings CEO Joseph Rigby's 2011 pay jumps 89% to $6.7M
Pepco Holdings reports 2011 executive compensation
By ExecPay News
Published: March 28, 2012
Pepco Holdings reported fiscal year 2011 executive compensation information on March 28, 2012.
In 2011, five executives at Pepco Holdings received on average a compensation package of $3.4M, a 87% increase compared to previous year.
Average pay of disclosed executives at Pepco Holdings
Joseph M. Rigby, Chief Executive Officer, received $6.7M in total, which increased by 89% compared to 2010. 37% of Rigby's compensation, or $2.5M, was of change in pension value and nonqualified deferred compensation earnings. Rigby also received $748K in non-equity incentive plan, $880K in salary, $2.3M in stock awards, as well as $260K in other compensation.
David M. Velazquez, Executive Vice President, received a compensation package of $4.1M, which increased by 239% compared to previous year. 62% of the compensation package, or $2.5M, was of change in pension value and nonqualified deferred compensation earnings.
Anthony J. Kamerick, Chief Financial Officer, earned $3M in 2011, a 33% increase compared to previous year.
Kirk J. Emge, Chief Executive Officer, received $1.9M in 2011, which increases by 21% compared to 2010.
John U. Huffman, Chief Executive Officer, earned $1.5M in 2011, a 23% increase compared to previous year.
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Source: SEC filing on March 28, 2012.