RGC Resources CEO John D'Orazio's 2018 pay slips 2% to $801K
RGC Resources reports 2018 executive compensation
By ExecPay News
Published: December 6, 2018
RGC Resources reported fiscal year 2018 executive compensation information on December 6, 2018.
In 2018, four executives at RGC Resources received on average a compensation package of $521K, a 3% decrease compared to previous year.
John S. D'Orazio, Chief Executive Officer, received $801K in total, which decreased by 2% compared to 2017. 52% of D'Orazio's compensation, or $418K, was in salary. D'Orazio also received $29K of change in pension value and nonqualified deferred compensation earnings, $161K in non-equity incentive plan, $151K in stock awards, as well as $41K in other compensation.
Paul W. Nester, Chief Financial Officer, received a compensation package of $482K, which increased by 9% compared to previous year. 53% of the compensation package, or $253K, was in salary.
Carl J. Shockley, Jr, VP - Operations, Roanoke Gas Co, earned $420K in 2018, a 18% decrease compared to previous year.
Robert L. Wells, II, VP, Information Technology, received $379K in 2018, which increases by 2% compared to 2017.
RGC Resources' fiscal year ends on September 30.