Southwest Gas Holdings CEO John Hester's 2018 pay falls 38% to $4.1M

Southwest Gas Holdings reports 2018 executive compensation

By ExecPay News

Published: March 18, 2019

Southwest Gas Holdings reported fiscal year 2018 executive compensation information on March 18, 2019.
In 2018, six executives at Southwest Gas Holdings received on average a compensation package of $1.6M, a 40% decrease compared to previous year.
Average pay of disclosed executives at Southwest Gas Holdings
John P. Hester, Chief Executive Officer, received $4.1M in total, which decreased by 38% compared to 2017. 35% of Hester's compensation, or $1.4M, was in stock awards. Hester also received $651K of change in pension value and nonqualified deferred compensation earnings, $1.1M in non-equity incentive plan, $858K in salary, as well as $44K in other compensation.
For fiscal year 2018, the median employee pay was $87,740 at Southwest Gas Holdings. Therefore, the ratio of John P. Hester's pay to the median employee pay was 47 to one.
Paul M. Daily, Chief Executive Officer, received a compensation package of $1.7M, which increased by 19% compared to previous year. 48% of the compensation package, or $830K, was in non-equity incentive plan.
Karen S. Haller, Secretary, earned $1.2M in 2018, a 41% decrease compared to previous year.
Gregory J. Peterson, Chief Financial Officer, received $976K in 2018.
Roy R. Centrella, Chief Financial Officer, earned $890K in 2018, a 56% decrease compared to previous year.
Eric DeBonis, Senior Vice President Operations Southwest Gas Corporation, received $848K in 2018, which decreases by 46% compared to 2017.

Related executives

John Hester

Southwest Gas Holdings

Chief Executive Officer

Gregory Peterson

Southwest Gas Holdings

Chief Financial Officer

Paul Daily

Southwest Gas Holdings

Chief Executive Officer

Karen Haller

Southwest Gas Holdings

Executive Vice President/Chief Legal and Administrative Officer

Eric DeBonis

Southwest Gas Holdings

Senior Vice President Operations Southwest Gas Corporation

Roy Centrella

Southwest Gas Holdings

Chief Financial Officer

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Source: SEC filing on March 18, 2019.