Southwestern Energy Company CEO William Way's 2019 pay jumps 22% to $10M

Southwestern Energy Company reports 2019 executive compensation

By ExecPay News

Published: April 9, 2020

Southwestern Energy Company reported fiscal year 2019 executive compensation information on April 9, 2020.
In 2019, five executives at Southwestern Energy Company received on average a compensation package of $5.5M, a 35% increase compared to previous year.
Average pay of disclosed executives at Southwestern Energy Company
William J. Way, Chief Executive Officer, received $10M in total, which increased by 22% compared to 2018. 77% of Way's compensation, or $7.9M, was in stock awards. Way also received $75K of change in pension value and nonqualified deferred compensation earnings, $1.3M in non-equity incentive plan, $896K in salary, as well as $75K in other compensation.
For fiscal year 2019, the median employee pay was $135,138 at Southwestern Energy Company. Therefore, the ratio of William J. Way's pay to the median employee pay was 76 to one.
Clay A. Carrell, Chief Operating Officer, received a compensation package of $5.2M, which increased by 19% compared to previous year. 73% of the compensation package, or $3.8M, was in stock awards.
J. David Cecil, Executive Vice President Corporate Development, earned $5M in 2019, a 8% increase compared to previous year.
Julian M. Bott, Chief Financial Officer, received $4.3M in 2019, which increases by 24% compared to 2018.
John C. Ale, General Counsel, earned $3M in 2019, a 17% increase compared to previous year.

Related executives

William Way

Southwestern Energy Company

Chief Executive Officer

Julian Bott

Southwestern Energy Company

Chief Financial Officer

Clay Carrell

Southwestern Energy Company

Chief Operating Officer

J Cecil

Southwestern Energy Company

Former Executive Vice President-Corporate Development

John Ale

Southwestern Energy Company

General Counsel

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Source: SEC filing on April 9, 2020.