Plains All American Pipeline CEO Willie Chiang's 2020 pay rises 4% to $4.3M
Plains All American Pipeline reports 2020 executive compensation
By ExecPay News
Published: April 12, 2021
Plains All American Pipeline reported fiscal year 2020 executive compensation information on April 12, 2021.
In 2020, six executives at Plains All American Pipeline received on average a compensation package of $2.3M, a 38% decrease compared to previous year.
Average pay of disclosed executives at Plains All American Pipeline
Willie Chiang, Chief Executive Officer, received $4.3M in total, which increased by 4% compared to 2019. 52% of Chiang's compensation, or $2.2M, was in stock awards. Chiang also received $1.4M in non-equity incentive plan, $600K in salary, as well as $18K in other compensation.
For fiscal year 2020, the median employee pay was $109,000 at Plains All American Pipeline. Therefore, the ratio of Willie Chiang's pay to the median employee pay was 39 to one.
Chris Chandler, Chief Operating Officer, received a compensation package of $2.1M, which decreased by 66% compared to previous year. 42% of the compensation package, or $899K, was in stock awards.
Jeremy Goebel, Executive Vice President and Chief Commercial Officer, earned $2.1M in 2020, a 66% decrease compared to previous year.
Al Swanson, Chief Financial Officer, received $2.1M in 2020, which decreases by 2% compared to 2019.
Richard McGee, General Counsel, earned $2.1M in 2020, a 2% decrease compared to previous year.
Harry N. Pefanis, President, received $1.4M in 2020, which decreases by 29% compared to 2019.
Related executives
Willie Chiang
Plains All American Pipeline
Chief Executive Officer
Harry Pefanis
Plains All American Pipeline
President
Al Swanson
Plains All American Pipeline
Chief Financial Officer
Richard McGee
Plains All American Pipeline
General Counsel
Chris Chandler
Plains All American Pipeline
Chief Operating Officer
Jeremy Goebel
Plains All American Pipeline
Executive Vice President and Chief Commercial Officer
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Source: SEC filing on April 12, 2021.