RGC Resources CEO John D'Orazio's 2019 pay jumps 82% to $1.5M
RGC Resources reports 2019 executive compensation
By ExecPay News
Published: December 5, 2019
RGC Resources reported fiscal year 2019 executive compensation information on December 5, 2019.
In 2019, four executives at RGC Resources received on average a compensation package of $953K, a 83% increase compared to previous year.
Average pay of disclosed executives at RGC Resources
John S. D'Orazio, Chief Executive Officer, received $1.5M in total, which increased by 82% compared to 2018. 30% of D'Orazio's compensation, or $443K, was in salary. D'Orazio also received $323K of change in pension value and nonqualified deferred compensation earnings, $191K in non-equity incentive plan, $203K in stock awards, as well as $300K in other compensation.
Carl J. Shockley, Jr, Chief Operating Officer, received a compensation package of $837K, which increased by 100% compared to previous year. 44% of the compensation package, or $368K, was of change in pension value and nonqualified deferred compensation earnings.
Robert L. Wells, II, Chief Investment Officer, earned $772K in 2019, a 104% increase compared to previous year.
Paul W. Nester, Chief Financial Officer, received $743K in 2019, which increases by 54% compared to 2018.
RGC Resources' fiscal year ends on September 30.
Related executives
You may also like
Source: SEC filing on December 5, 2019.