Pinnacle West Capital CEO Donald Brandt's 2018 pay rises 15% to $12M

Pinnacle West Capital reports 2018 executive compensation

By ExecPay News

Published: March 28, 2019

Pinnacle West Capital reported fiscal year 2018 executive compensation information on March 28, 2019.
In 2018, six executives at Pinnacle West Capital received on average a compensation package of $4.1M, a 6% decrease compared to previous year.
Average pay of disclosed executives at Pinnacle West Capital
Donald E. Brandt, Chief Executive Officer, received $12M in total, which increased by 15% compared to 2017. 36% of Brandt's compensation, or $4.4M, was in stock awards. Brandt also received $2.3M of change in pension value and nonqualified deferred compensation earnings, $4M in non-equity incentive plan, $1.4M in salary, as well as $28K in other compensation.
For fiscal year 2018, the median employee pay was $133,779 at Pinnacle West Capital. Therefore, the ratio of Donald E. Brandt's pay to the median employee pay was 91 to one.
James R. Hatfield, Chief Financial Officer, received a compensation package of $3M, which increased by 5% compared to previous year. 33% of the compensation package, or $993K, was in stock awards.
Robert S. Bement, Executive Vice President and Chief Nuclear Officer of APS, earned $2.8M in 2018, a 5% increase compared to previous year.
Mark A. Schiavoni, Executive Vice President of APS, received $2.6M in 2018, which decreases by 20% compared to 2017.
Jeffrey B. Guldner, Executive Vice President, Public Policy of P N W and President of APS, earned $2.2M in 2018.
Daniel T. Froetscher, Executive Vice President, Operations of APS, received $2.1M in 2018.

Related executives

Donald Brandt

Pinnacle West Capital

Chief Executive Officer

James Hatfield

Pinnacle West Capital

Chief Executive Officer

Robert Bement

Pinnacle West Capital

Executive Vice President and Chief Nuclear Officer of APS

Daniel Froetscher

Pinnacle West Capital

Chief Operating Officer

Jeffrey Guldner

Pinnacle West Capital

Chief Executive Officer

Mark Schiavoni

Pinnacle West Capital

Executive Vice President of APS

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Source: SEC filing on March 28, 2019.