SemGroup CEO Carlin Conner's 2018 pay rises 7% to $3.1M
SemGroup reports 2018 executive compensation
By ExecPay News
Published: April 12, 2019
SemGroup reported fiscal year 2018 executive compensation information on April 12, 2019.
In 2018, five SemGroup executives received on average a compensation package of $1.7M, a 21% increase compared to previous year.
Average pay of disclosed executives at SemGroup
Carlin G. Conner, Chief Executive Officer, received $3.1M in total, which increased by 7% compared to 2017. 66% of Conner's compensation, or $2.1M, was in stock awards. Conner also received $371K in non-equity incentive plan, $618K in salary, as well as $64K in other compensation.
For fiscal year 2018, the median employee pay was $104,451 at SemGroup. Therefore, the ratio of Carlin G. Conner's pay to the median employee pay was 30 to one.
Robert N. Fitzgerald, Chief Financial Officer, received a compensation package of $1.7M, which increased by 15% compared to previous year. 59% of the compensation package, or $1M, was in stock awards.
Thomas F. DeLorbe, Vice President Corporate Services, earned $1.3M in 2018, a 41% increase compared to previous year.
Timothy R. O'Sullivan, Vice President Corporate Planning and Strategic, received $1.1M in 2018, which increases by 23% compared to 2017.
Susan S. Lindberg, General Counsel, earned $1.1M in 2018, a 65% increase compared to previous year.
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Source: SEC filing on April 12, 2019.