Southwest Gas Holdings CEO John Hester's 2019 pay jumps 43% to $5.9M
Southwest Gas Holdings reports 2019 executive compensation
By ExecPay News
Published: March 23, 2020
Southwest Gas Holdings reported fiscal year 2019 executive compensation information on March 23, 2020.
In 2019, five executives at Southwest Gas Holdings received on average a compensation package of $2.8M, a 71% increase compared to previous year.
Average pay of disclosed executives at Southwest Gas Holdings
John P. Hester, Chief Executive Officer, received $5.9M in total, which increased by 43% compared to 2018. 33% of Hester's compensation, or $1.9M, was in stock awards. Hester also received $1.8M of change in pension value and nonqualified deferred compensation earnings, $1.2M in non-equity incentive plan, $933K in salary, as well as $58K in other compensation.
For fiscal year 2019, the median employee pay was $89,861 at Southwest Gas Holdings. Therefore, the ratio of John P. Hester's pay to the median employee pay was 65 to one.
Karen S. Haller, Executive Vice President/Chief Legal and Administrative Officer, received a compensation package of $2.5M, which increased by 112% compared to previous year. 38% of the compensation package, or $936K, was of change in pension value and nonqualified deferred compensation earnings.
Paul M. Daily, Chief Executive Officer, earned $2M in 2019, a 16% increase compared to previous year.
Gregory J. Peterson, Chief Financial Officer, received $1.9M in 2019, which increases by 95% compared to 2018.
Eric DeBonis, Senior Vice President Operations Southwest Gas Corporation, earned $1.6M in 2019, a 92% increase compared to previous year.
Related executives
John Hester
Southwest Gas Holdings
Chief Executive Officer
Gregory Peterson
Southwest Gas Holdings
Chief Financial Officer
Karen Haller
Southwest Gas Holdings
Executive Vice President/Chief Legal and Administrative Officer
Paul Daily
Southwest Gas Holdings
Chief Executive Officer
Eric DeBonis
Southwest Gas Holdings
Senior Vice President Operations Southwest Gas Corporation
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Source: SEC filing on March 23, 2020.