United States Cellular CEO Laurent Therivel's 2021 pay falls 30% to $6.4M
United States Cellular reports 2021 executive compensation
By ExecPay News
Published: April 5, 2022
United States Cellular reported fiscal year 2021 executive compensation information on April 5, 2022.
In 2021, four executives at United States Cellular received on average a compensation package of $3.5M, a 25% decrease compared to previous year.
Average pay of disclosed executives at United States Cellular
Laurent C. Therivel, Chief Executive Officer, received $6.4M in total, which decreased by 30% compared to 2020. 72% of Therivel's compensation, or $4.6M, was in stock awards. Therivel also received $358K in bonus, $610K in non-equity incentive plan, $786K in salary, as well as $46K in other compensation.
For fiscal year 2021, the median employee pay was $81,760 at United States Cellular. Therefore, the ratio of Laurent C. Therivel's pay to the median employee pay was 79 to one.
Michael S. Irizarry, Chief Technology Officer, received a compensation package of $3M, which increased by 1% compared to previous year. 56% of the compensation package, or $1.7M, was in stock awards.
Deirdre C. Drake, Executive Vice President Chief People Officer and Head of Communications, earned $2.2M in 2021, a 7% increase compared to previous year.
Douglas W. Chambers, Chief Financial Officer, received $2.2M in 2021, which increases by 36% compared to 2020.
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Source: SEC filing on April 5, 2022.