Telephone & Data Systems CEO LeRoy Carlson's 2021 pay rises 1% to $9.6M

Telephone & Data Systems reports 2021 executive compensation

By ExecPay News

Published: April 6, 2022

Telephone & Data Systems reported fiscal year 2021 executive compensation information on April 6, 2022.
In 2021, five executives at Telephone & Data Systems received on average a compensation package of $4.6M, a 23% decrease compared to previous year.
Average pay of disclosed executives at Telephone & Data Systems
LeRoy T. Carlson, Jr, Chief Executive Officer, received $9.6M in total, which increased by 1% compared to 2020. 65% of Carlson's compensation, or $6.2M, was in stock awards. Carlson also received $1.3M in bonus, $3.9K of change in pension value and nonqualified deferred compensation earnings, $716K in option awards, $1.4M in salary, as well as $29K in other compensation.
For fiscal year 2021, the median employee pay was $70,453 at Telephone & Data Systems. Therefore, the ratio of LeRoy T. Carlson, Jr's pay to the median employee pay was 136 to one.
Laurent C. Therivel, Chief Executive Officer, received a compensation package of $6.4M, which decreased by 30% compared to previous year. 72% of the compensation package, or $4.6M, was in stock awards.
James W. Butman, Chief Executive Officer, earned $3.1M in 2021, a 9% increase compared to previous year.
Peter L. Sereda, Chief Financial Officer, received $2.2M in 2021, which increases by 4% compared to 2020.
Kurt B. Thaus, Former Senior Vice President, Technology Services of TDS, earned $1.4M in 2021.

Related executives

LeRoy Carlson

Telephone & Data Systems

Chief Executive Officer

Laurent Therivel

Telephone & Data Systems

Chief Executive Officer

Peter Sereda

Telephone & Data Systems

Chief Financial Officer

James Butman

Telephone & Data Systems

Chief Executive Officer

Kurt Thaus

Telephone & Data Systems

Former Senior Vice President, Technology Services of TDS

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Source: SEC filing on April 6, 2022.