Portland General Electric Company reports 2018 executive compensation

CEO Maria M. Pope receives $3.2M

Portland General Electric Company reported fiscal year 2018 executive compensation information on March 14, 2019.

In 2018, five executives at Portland General Electric Company received on average a compensation package of $1,549,995, a 15% increase compared to previous year.

Average pay of disclosed executives at Portland General Electric Company

Maria M. Pope, Chief Executive Officer, received $3,216,062 in total, which increased by 104% compared to 2017. 46.64% of Pope's compensation, or $1,499,987, was in stock awards. Pope also received $10,032 of change in pension value and nonqualified deferred compensation earnings, $853,078 in non-equity incentive plan, $789,183 in salary, as well as $63,782 in other compensation.

For fiscal year 2018, the median employee pay was $118,209 at Portland General Electric Company. Therefore, the ratio of Maria M. Pope's pay to the median employee pay was 27 to one.

James F. Lobdell, Chief Financial Officer, received a compensation package of $1,358,689, which decreased by 9% compared to previous year. 39.35% of the compensation package, or $534,677, was in stock awards.

John T. Kochavatr, Vice President, Information Technology and Chief Information Officer, earned $1,343,084 in 2018.

Lisa A. Kaner, General Counsel, received $1,031,227 in 2018.

William O. Nicholson, Vice President, Utility Technical Services, earned $800,914 in 2018, a 18% decrease compared to previous year.