Piedmont Natural Gas Co. CEO Thomas Skains' 2013 pay falls 43% to $3M

Piedmont Natural Gas Co. reports 2013 executive compensation

By ExecPay News

Published: January 17, 2014

Piedmont Natural Gas Co. reported fiscal year 2013 executive compensation information on January 17, 2014.
In 2013, six executives at Piedmont Natural Gas Co. received on average a compensation package of $1.4M, a 31% decrease compared to previous year.
Average pay of disclosed executives at Piedmont Natural Gas Co.
Thomas E. Skains, Chief Executive Officer, received $3M in total, which decreased by 43% compared to 2012. 38% of Skains' compensation, or $1.2M, was in stock awards. Skains also received $4.9K of change in pension value and nonqualified deferred compensation earnings, $806K in non-equity incentive plan, $843K in salary, as well as $217K in other compensation.
Franklin H. Yoho, Senior Vice President Chief Commercial Officer, received a compensation package of $1.2M, which decreased by 6% compared to previous year. 35% of the compensation package, or $425K, was in salary.
Karl W. Newlin, Chief Financial Officer, earned $1.2M in 2013, a 7% increase compared to previous year.
Kevin M. O'Hara, Chief Administrative Officer, received $976K in 2013, which decreases by 19% compared to 2012.
Victor M. Gaglio, Senior Vice President and Chief Utility Operations Officer, earned $928K in 2013.
Jane Lewis-Raymond, Senior Vice President Chief Legal, Compliance and External Relations Officer, received $902K in 2013, which decreases by 6% compared to 2012.

Related executives

Thomas Skains

Piedmont Natural Gas Co.

Chief Executive Officer

Karl Newlin

Piedmont Natural Gas Co.

Chief Financial Officer

Franklin Yoho

Piedmont Natural Gas Co.

Senior Vice President Chief Commercial Officer

Kevin O'Hara

Piedmont Natural Gas Co.

Chief Administrative Officer

Jane Lewis-Raymond

Piedmont Natural Gas Co.

Senior Vice President Chief Legal, Compliance and External Relations Officer

Victor Gaglio

Piedmont Natural Gas Co.

Senior Vice President and Chief Utility Operations Officer

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Source: SEC filing on January 17, 2014.