Plains GP Holdings CEO Willie Chiang's 2021 pay rises 2% to $4.4M
Plains GP Holdings reports 2021 executive compensation
By ExecPay News
Published: April 13, 2022
Plains GP Holdings reported fiscal year 2021 executive compensation information on April 13, 2022.
In 2021, six executives at Plains GP Holdings received on average a compensation package of $2.5M, a 7% increase compared to previous year.
Average pay of disclosed executives at Plains GP Holdings
Willie Chiang, Chief Executive Officer, received $4.4M in total, which increased by 2% compared to 2020. 47% of Chiang's compensation, or $2.1M, was in stock awards. Chiang also received $1.7M in non-equity incentive plan, $600K in salary, as well as $18K in other compensation.
For fiscal year 2021, the median employee pay was $121,000 at Plains GP Holdings. Therefore, the ratio of Willie Chiang's pay to the median employee pay was 36 to one.
Jeremy Goebel, Executive Vice President and Chief Commercial Officer, received a compensation package of $2.4M, which increased by 14% compared to previous year. 49% of the compensation package, or $1.2M, was in non-equity incentive plan.
Richard McGee, General Counsel, earned $2.3M in 2021, a 9% increase compared to previous year.
Chris Chandler, Chief Operating Officer, received $2.2M in 2021, which increases by 6% compared to 2020.
Al Swanson, Chief Financial Officer, earned $2.2M in 2021, a 6% increase compared to previous year.
Harry N. Pefanis, President, received $1.6M in 2021, which increases by 15% compared to 2020.
Related executives
Willie Chiang
Plains GP Holdings
Chief Executive Officer
Harry Pefanis
Plains GP Holdings
President
Al Swanson
Plains GP Holdings
Chief Financial Officer
Richard McGee
Plains GP Holdings
General Counsel
Chris Chandler
Plains GP Holdings
Chief Operating Officer
Jeremy Goebel
Plains GP Holdings
Executive Vice President and Chief Commercial Officer
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Source: SEC filing on April 13, 2022.