TEGNA reports 2018 executive compensation

CEO David T. Lougee receives $4.9M

TEGNA reported fiscal year 2018 executive compensation information on March 11, 2019.

In 2018, four TEGNA executives received on average a compensation package of $3,048,262, a 7% decrease compared to previous year.

Average pay of disclosed executives at TEGNA

David T. Lougee, Chief Executive Officer, received $4,885,360 in total, which increased by 2% compared to 2017. 56.29% of Lougee's compensation, or $2,749,995, was in stock awards. Lougee also received $1,000,000 in bonus, $950,000 in salary, as well as $185,365 in other compensation.

For fiscal year 2018, the median employee pay was $58,144 at TEGNA. Therefore, the ratio of David T. Lougee's pay to the median employee pay was 84 to one.

Victoria D. Harker, Chief Financial Officer, received a compensation package of $3,160,736, which decreased by 11% compared to previous year. 44.29% of the compensation package, or $1,399,999, was in stock awards.

Lynn Beall, Chief Operating Officer, earned $2,097,243 in 2018, a 23% decrease compared to previous year.

Todd A. Mayman, Executive Vice President Chief Legal and Administrative Officer, received $2,049,707 in 2018, which decreases by 1% compared to 2017.