Plains GP Holdings CEO Willie Chiang's 2018 pay jumps 169% to $8.9M
Plains GP Holdings reports 2018 executive compensation
By ExecPay News
Published: April 10, 2019
Plains GP Holdings reported fiscal year 2018 executive compensation information on April 10, 2019.
In 2018, six executives at Plains GP Holdings received on average a compensation package of $3.7M, a 112% increase compared to previous year.
Average pay of disclosed executives at Plains GP Holdings
Willie Chiang, Chief Executive Officer, received $8.9M in total, which increased by 169% compared to 2017. 72% of Chiang's compensation, or $6.4M, was in stock awards. Chiang also received $2M in bonus, $450K in salary, as well as $17K in other compensation.
Daniel J. Nerbonne, Former Executive Vice President, Operations and Engineering, received a compensation package of $3.3M, which increased by 61% compared to previous year. 48% of the compensation package, or $1.6M, was in stock awards.
Al Swanson, Chief Financial Officer, earned $3.3M in 2018, a 58% increase compared to previous year.
Richard McGee, General Counsel, received $2.8M in 2018, which increases by 38% compared to 2017.
Harry N. Pefanis, President and Chief Commercial Officer, earned $1.9M in 2018, a 422% increase compared to previous year.
Greg L. Armstrong, Chief Executive Officer, received $1.9M in 2018, which increases by 4365% compared to 2017.
Related executives
Daniel Nerbonne
Plains GP Holdings
Former Executive Vice President, Operations and Engineering
Richard McGee
Plains GP Holdings
General Counsel
Greg Armstrong
Plains GP Holdings
Chief Executive Officer
Willie Chiang
Plains GP Holdings
Chief Executive Officer
Harry Pefanis
Plains GP Holdings
President
Al Swanson
Plains GP Holdings
Chief Financial Officer
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Source: SEC filing on April 10, 2019.