Laclede Group reports 2018 executive compensation

CEO Suzanne Sitherwood receives $4M

Laclede Group reported fiscal year 2018 executive compensation information on December 14, 2018.

In 2018, five executives at Laclede Group received on average a compensation package of $1,820,147, a 11% increase compared to previous year.

Average pay of disclosed executives at Laclede Group

Suzanne Sitherwood, Chief Executive Officer, received $4,016,839 in total, which increased by 13% compared to 2017. 47.42% of Sitherwood's compensation, or $1,904,893, was in stock awards. Sitherwood also received $208,799 of change in pension value and nonqualified deferred compensation earnings, $858,000 in non-equity incentive plan, $871,154 in salary, as well as $173,993 in other compensation.

Steven L. Lindsey, Chief Operating Officer, received a compensation package of $1,453,402, which increased by 7% compared to previous year. 42.50% of the compensation package, or $617,715, was in stock awards.

Steven P. Rasche, Chief Financial Officer, earned $1,310,578 in 2018, a 8% increase compared to previous year.

Michael C Geiselhart, Senior Vice President, Strategic Planning and Corporate Development, received $1,169,984 in 2018, which increases by 26% compared to 2017.

Mark C. Darrell, General Counsel, earned $1,149,931 in 2018, a 2% increase compared to previous year.

Laclede Group's fiscal year ends on September 30.