Laclede Group CEO Suzanne Sitherwood's 2020 pay slips 2% to $4.4M
Laclede Group reports 2020 executive compensation
By ExecPay News
Published: December 16, 2020
Laclede Group reported fiscal year 2020 executive compensation information on December 16, 2020.
In 2020, five executives at Laclede Group received on average a compensation package of $2M, a 2% decrease compared to previous year.
Average pay of disclosed executives at Laclede Group
Suzanne Sitherwood, Chief Executive Officer, received $4.4M in total, which decreased by 2% compared to 2019. 51% of Sitherwood's compensation, or $2.3M, was in stock awards. Sitherwood also received $266K of change in pension value and nonqualified deferred compensation earnings, $749K in non-equity incentive plan, $929K in salary, as well as $197K in other compensation.
For fiscal year 2020, the median employee pay was $93,726 at Laclede Group. Therefore, the ratio of Suzanne Sitherwood's pay to the median employee pay was 47 to one.
Steven L. Lindsey, Chief Operating Officer, received a compensation package of $1.8M, which increased by 8% compared to previous year. 42% of the compensation package, or $739K, was in stock awards.
Steven P. Rasche, Chief Financial Officer, earned $1.4M in 2020, a 2% decrease compared to previous year.
Mark C. Darrell, Senior Vice President, Chief Legal and Compliance Officer, received $1.2M in 2020, which decreases by 7% compared to 2019.
Michael C Geiselhart, Senior Vice President, Chief Strategy and Corporate Development Officer, earned $1.1M in 2020, a 11% decrease compared to previous year.
Laclede Group's fiscal year ends on September 30.
Related executives
Suzanne Sitherwood
Laclede Group
Chief Executive Officer
Steven Rasche
Laclede Group
Chief Financial Officer
Steven Lindsey
Laclede Group
Chief Operating Officer
Mark Darrell
Laclede Group
Senior Vice President, Chief Legal and Compliance Officer
Michael Geiselhart
Laclede Group
Senior Vice President, Chief Strategy and Corporate Development Officer
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Source: SEC filing on December 16, 2020.