United States Cellular CEO Kenneth Meyers' 2018 pay rises 10% to $8.6M
United States Cellular reports 2018 executive compensation
By ExecPay News
Published: April 9, 2019
United States Cellular reported fiscal year 2018 executive compensation information on April 9, 2019.
In 2018, five executives at United States Cellular received on average a compensation package of $3.7M, a 10% increase compared to previous year.
Average pay of disclosed executives at United States Cellular
Kenneth R. Meyers, Chief Executive Officer, received $8.6M in total, which increased by 10% compared to 2017. 72% of Meyers' compensation, or $6.2M, was in stock awards. Meyers also received $1.3M in bonus, $24K of change in pension value and nonqualified deferred compensation earnings, $1.1M in salary, as well as $88K in other compensation.
For fiscal year 2018, the median employee pay was $51,979 at United States Cellular. Therefore, the ratio of Kenneth R. Meyers' pay to the median employee pay was 165 to one.
Jay M. Ellison, Chief Operating Officer, received a compensation package of $2.8M, which increased by 7% compared to previous year. 53% of the compensation package, or $1.5M, was in stock awards.
Michael S. Irizarry, Chief Technology Officer, earned $2.8M in 2018, a 5% increase compared to previous year.
Steven T. Campbell, Chief Financial Officer, received $2.7M in 2018, which increases by 6% compared to 2017.
Deirdre C. Drake, Chief Human Resources Officer, earned $1.8M in 2018, a 28% increase compared to previous year.
Related executives
Kenneth Meyers
United States Cellular
Chief Executive Officer
Steven Campbell
United States Cellular
Chief Administrative Officer
Jay Ellison
United States Cellular
Chief Executive Officer
Michael Irizarry
United States Cellular
Chief Technology Officer
Deirdre Drake
United States Cellular
Executive Vice President Chief People Officer and Head of Communications
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Source: SEC filing on April 9, 2019.