´¡³¾±ð°ù±ð²ÔÌýChief Executive Warner Baxter got a near-maximum bonus last year, boosting his total compensation to $8.5 million.
Baxter's pay, detailed in a filed March 19, was up 4.6 percent from $8.1 million in 2017. He got a salary of $1.14 million, bonus of $2.35 million and stock valued at $4.56 million.
The bonus was 196 percent of Baxter's target value, close to the maximum of 200 percent. A formula based on earnings, safety and reliability measures would have paid him 185 percent of the target amount, but the board increased the bonus using an "individual performance modifier."
Seventy percent of the stock award is performance-based, tied to total shareholder return between 2018 and 2020. Previous year's stock awards were completely performance-based, but the company added a time-vested portion last year.
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A stock award based on 2016 to 2018 performance turned out very well for Ameren executives. Because the company exceeded its shareholder-return target and the share price rose nearly 50 percent, Baxter received shares that were worth $12.1 million at the end of last year, far beyond the $3.7 million estimated in 2016.
Baxter's compensation included a $211,353 increase in pension value, $38,210 in above-market interest on deferred compensation and $11,864 in life insurance premiums. He also received unspecified amounts for financial planning, tax preparation and event tickets.
Ameren's earnings per share, excluding unusual items, rose 20 percent last year and its share price climbed 10.5 percent.
Ameren calculated that Baxter earned 71 times as much as its median employee, up from 66 times in 2017. Median pay for the company's 8,600 employees was $119,718.
Here's what 30 St. Louis CEOs earned in 2017:
Meet the 30 top-paid CEOs in St. Louis, 2017 pay
* Jeffrey S. Hollister, American Railcar Industries
Hollister left the company on Dec. 31, .Ìý
30. Timothy D. Boyd, Peak Resorts
In January, .
29. Earl R. Refsland, Allied Healthcare Products
28. Robert L. Montgomery, Reliv International
27. Jon P Vrabely, Huttig Building Products
; CEO earned 20 times as much as median Huttig employee. The company says its 1,300 full- and part-time workers earn a median of $47,091.
26. James B. Lally, Enterprise Financial
.ÌýEnterprise calculates that the CEO made 16 times as much as its median employee, who earned $60,000.Ìý
25. Robert D. Moore, Foresight Energy
From March:Â
24. Mike Anderson, Avadel Pharmaceuticals
.
23. Sharon John, Build-A-Bear Workshop
;ÌýJohn earned 306 times as much last year as the median Build-A-Bear employee. Median pay was $6,198 for the Overland-based company's 4,455 U.S. and British workers.Ìý
22. Eric H. Brunngraber, Cass Information Systems
21. Charles R. Gordon, Aegion
;ÌýGordon made 36 times as much as the median employee's compensation of $73,848. The Chesterfield-based pipe-repair company employs 6,242 people worldwide.
20. V.L. Richey Jr., Esco Technologies
19. Suzanne Sitherwood, Spire
18. Jeffrey S. Davis, Perficient
. Its 2,078 workers in the United States, China and India earned a median $96,193.
17. David P. Hatfield, Edgewell Personal Care
16. David Kemper, Commerce Bancshares
15. Alan R. Hoskins, Energizer
From January:
14. John Stroup, Belden
;Ìýthe CEO earned 133.6 times as much as the median Belden worker, who made $52,487 last year.
13. Anna Manning, Reinsurance Group
;ÌýManning's pay is 66 times as much as the median employee earned last year. Median pay for the company's 2,741 employees was $107,171.
12. Diane M. Sullivan, Caleres Inc.
. Median pay for its 12,055 workers was $21,528 (about 40 percent of its employees are part-time/temporary/seasonal).
11. John E. Fischer, Olin
. Olin employs 6,526 people worldwide.
10. Warner L. Baxter, Ameren
;ÌýBaxter earned 66 times as much as the median Ameren employee. Ameren employs 8,600 people and says they earn a median of $122,003.
9. Robert V. Vitale, Post Holdings
8. John W. Eaves, Arch Coal
.
7. David Farr, Emerson
From February:
6. Ronald J. Kruszewski, Stifel
Stifel reported that its CEO earned 92 times as much as its median employee. .
Mark C. Trudeau, Mallinckrodt
; Mallinckrodt CEO Mark Trudeau's pay in 2017 was 102 times as much as the median company employee, who earned $146,870.
4. Timothy Wentworth, Express Scripts
. Median pay for its 26,600 workers was $52,509.
3. Hugh Grant, Monsanto
From April:
2. Glenn L. Kellow, Peabody Energy
. Peabody's 7,148 employees in the United States and Australia earned a median $118,812 last year.
1. Centene, Michael Neidorff
The CEO earned 379 times as much as the median Centene employee, . The company's 33,312 workers earned a median $66,600, including medical premiums.
.Ìý
Ameren CEO Warner Baxter is photographed during an interview in his office on Wednesday April 29, 2015. Photo by Christian Gooden, cgooden@post-dispatch.com
