CEO Pay

For those of you who want a dose of depression, we’ve provided one for you here.

The AFL-CIO maintains a database called PayWatch, which tracks compensation among chief executive officers. The database is searchable by company name, and the AFL-CIO has provided separate categories for the 100 highest paid CEOs and by state and by industry. (You can find it here: aflcio.org/Corporate-Watch/Paywatch-2014; a similar database is available at salary.com but with less attitude.)

“It’s 331 times better to be a CEO than an average worker. PayWatch finds that the average CEO of an S&P 500 company pocketed $11.7 million in 2013, while the average worker earned $35,293,” according to the AFL-CIO. “The gap between CEOs and minimum wage workers is more than twice as wide — 774 times.”

The AFL-CIO database listed 265 CEOs in Texas. We looked up the 18 listed for Fort Worth and other cities in the Western Metroplex. And we threw in a couple who aren’t local but who have major impact on this area. You’ll need to know that non-equity incentives are based on specific performance of a company. These figures generally lag by a year since they are drawn from reports companies are required to file with the federal government.

Tony Aquila, Chief Executive Officer and President. Solera Holdings Inc., Westlake (2013)
Industry: Prepackaged Software
Salary: $780,000
Value of Stock Awards: $1,367,316
Value of Option Awards: $26,400,045
Non-Equity Incentive Plan Compensation: $1,247,000
All Other Compensation: $101,250
Total: $29,895,831
Jeffrey L. Ventura, President & CEO, Range Resources Corp., Fort Worth (2013)
Industry: Crude Petroleum and
Natural Gas
Salary: $864,423
Value of Stock Awards: $6,194,243
Value of Option Awards: $1,996,858
Non-Equity Incentive Plan Compensation: $1,440,143
All Other Compensation: $137,736
Total: $10,633,404
Donald J. Tomnitz, Vice Chairman, Chief Executive Officer and President, D.R. Horton Inc., Fort Worth (2013) (Retired in 2014)
Industry: Building Construction General Contractors and Operative Builders
Salary: $900,000
Value of Stock Awards: $3,322,500
Value of Option Awards: $1,092,000
Non-Equity Incentive Plan Compensation: $4,912,645
Change in Pension Value and Deferred Compensation Earnings: $105,013
All Other Compensation: $100,655
Total: $10,432,813
Joseph C. Magnacca, Chief Executive Officer, Radio Shack Corp., Fort Worth (2013) (Radio Shack entered bankruptcy in February)
Industry: Home Furniture, Furnishings, and Equipment Stores
Salary: $893,151
Bonus: $1,300,000
Value of Stock Awards: $1,560,000
Value of Option Awards: $4,763,619
Non-Equity Incentive Plan Compensation: $300,000
All Other Compensation: $20,570
Total: $8,837,340
J. Paul Raines, Chief Executive Officer, GameStop Corp., Grapevine
Industry: Home Furniture, Furnishings, and Equipment Stores
Salary: $1,059,423
Bonus: $975,000
Value of Stock Awards: $3,002,227
Value of Option Awards: $998,757
Non-Equity Incentive Plan Compensation: $2,120,000
All Other Compensation: $193,692
Total: $8,349,099
Alexander W. Smith, President and Chief Executive Officer, Pier 1 Imports Inc., Fort Worth. (2014)
Industry: Home Furniture, Furnishings, and Equipment Stores
Salary: $1,250,000
Value of Stock Awards: $4,574,550
Change in Pension Value and Deferred Compensation Earnings: $1,838,855
All Other Compensation: $174,790
Total: $7,838,195
Mark S. Mednansky, Chief Executive Officer, Del Frisco’s Restaurant Group Inc., Southlake (2013)
Industry: Eating and Drinking Places
Salary: $400,000
Value of Option Awards: $843,580
All Other Compensation: $5,291,451
Total: $6,535,031
Gary G. Winterhalter, President and Chief Executive Officer, Director, Sally Beauty Holdings Inc., Denton (2013)
Industry: Miscellaneous Retail
Salary: $997,077
Value of Stock Awards: $1,084,064
Value of Option Awards: $3,387,480
Non-Equity Incentive Plan Compensation: $441,379
All Other Compensation: $13,904
Total: $5,923,904
James Reid-Anderson, Chairman, President and Chief Executive Officer, Six Flags Entertainment Corp., Grand Prairie (2013)
Industry: Amusement and Recreation Services
Salary: $1,200,000
Value of Stock Awards: $1,014,417
Value of Option Awards: $1,804,190
Non-Equity Incentive Plan Compensation: $1,296,000
All Other Compensation: $285,363
Total: $5,599,970
Kenneth V. Huseman, former President and Chief Executive Officer, Director, Basic Energy Services Inc., Fort Worth (2013)
Industry: Oil and Gas Extraction
Salary: $577,162
Value of Stock Awards: $861,000
Non-Equity Incentive Plan Compensation: $272,141
All Other Compensation: $4,214,572
Total: $5,924,875
Daniel R. Feehan, CEO and President (Principal Executive Officer), Cash America International Inc., Fort Worth (2013)
Industry: Miscellaneous Retail
Salary: $850,000
Bonus: $155,550
Value of Stock Awards: $2,050,255
Non-Equity Incentive Plan Compensation: $145,350
All Other Compensation: $128,234
Total: $3,329,389
J. Ross Craft, President and Chief Executive Officer, Approach Resources Inc., Fort Worth (2013)
Industry: Crude Petroleum and Natural Gas.
Salary: $525,000
Value of Stock Awards: $1,423,530
Non-Equity Incentive Plan Compensation: $644,070
All Other Compensation: $39,290
Total: $2,631,890
David H. Dingus, President & Chief Executive Officer, AZZ Inc., Fort Worth (2013) (Died October 2013)
Industry: Electronic and Other Electrical Equipment and Components, Except Computer Equipment
Salary: $550,000
Value of Stock Awards: $431,205
Value of Option Awards: $351,027
Non-Equity Incentive Plan Compensation: $715,000
All Other Compensation: $37,378
Total: $2,084,609
Rick L. Wessel, Chief Executive Officer and President, First Cash Financial Services, Arlington, (2013)
Industry: Miscellaneous Retail
Salary: $963,040
Non-Equity Incentive Plan Compensation: $481,520
All Other Compensation: $103,617
Total: $1,548,177
William J. Sandbrook, President and Chief Executive Officer, U.S. Concrete Inc., (2013)
Industry: Stone, Clay, Glass, and Concrete Products
Salary: $761,685
Non-Equity Incentive Plan Compensation: $645,234
Change in Pension Value and Deferred Compensation Earnings$0
All Other Compensation: $35,970
Total: $1,442,889
Tim Carter, President and Chief Executive Officer, OmniAmerican Bancorp Inc., Fort Worth (2013)
(Announced merger with Tyler-based Southside Bancshares in 2014)
Industry: Depository Institutions
Salary: $450,012
Bonus: $9,000
Non-Equity Incentive Plan Compensation: $116,300
All Other Compensation: $71,134
Total: $646,446
Mark J. Morrison, President, Chief Executive Officer, Hallmark Financial Services, Fort Worth (2013) (Morrison stepped down as CEO in 2014)
Industry: Fire, Marine, and Casualty Insurance
Salary: $400,000
Value of Stock Awards: $156,639
All Other Compensation: $12,905
Total: $569,544
Glenn Darden, President and Chief Executive Officer, Quicksilver Resources Inc., Fort Worth (2013)
Industry: Crude Petroleum and Natural Gas
Salary: $455,000
All Other Compensation: $20,670
Total: $475,670

 

To see differences in salaries based on gender Click Here