John Eaves, who is as chief executive of Arch Coal, earned $2.9 million in 2019 as the company skipped a year of stock awards.
The lack of a stock award, which made up $5.2 million of Eaves' $9.2 million in 2018 compensation, was the result of timing, Arch's says. Arch made some changes in its long-term compensation program and delayed the stock awards to February instead of October.
Eaves' salary was unchanged last year at $1.025 million. He got an incentive bonus of $1.5 million, a retention bonus of $250,000 and benefited from a $153,448 increase in pension value. His perquisites included $17,560 in club dues and $15,610 worth of financial planning and tax preparation services.
People are also reading…
The annual bonus was 114% of his target amount. Arch fell short of its financial targets but exceeded goals for safety and environmental compliance.
Executives' performance-based stock grants from 2016, issued as Arch emerged from bankruptcy, paid out at 60.7% of their target value.
Paul Lang, who will succeed Eaves as CEO, earned $1.9 million last year as Arch's chief operating officer.
Eaves earned 28 times as much as Arch's median employee, whose pay the company calculates at $106,668. If he had received his normal stock grant last year, the proxy statement says, he would have earned 61 times as much as the median worker.
Arch, a coal mining company based in Creve Coeur, reported a 15% decline last year in earnings per share. Its share price fell 14%.
Here's what St. Louis CEOs earned in 2018:
Meet the top-paid CEOs in St. Louis
29. Allied Healthcare Products Inc.

28. Peak Resorts

27. Reliv International

26. Avadel Pharmaceuticals

25. Enterprise Financial Services Corp.

24. Huttig Building Products, Inc.

23. Foresight Energy

22. Cass Information Systems

21. Build-A-Bear Workshop

20. Commerce Bancshares (John W. Kemper)

Read more about John Kemper's transition to CEO.
(Slide edited to correct decrease from last year's pay.)
19. Aegion Corporation

18. Esco Technologies Inc.

17. Spire

16. Commerce Bancshares (David Kemper)

15. Perficient

13. Edgewell Personal Care Co.

Edgewell Personal Care Co. is on the Fortune 1,000. It now has a new CEO and has shifted its headquarters to Connecticut.
12. Belden

Belden is on the Fortune 1,000. Read more about John Stroup's pay.
11. Olin

Olin is on the Fortune 500.ÌýRead more details about John Fischer's pay.
10. Reinsurance Group

Reinsurance Group is on the Fortune 500 list. Read more about Anna Manning's pay.
9. Energizer

8. Peabody Energy

Peabody is on the Fortune 500.ÌýRead more details about Glenn Kellow's pay.
7. Caleres

Caleres is on the Fortune 1,000. Read more about Diane Sullivan's pay.
6. Ameren

Ameren is on the Fortune 500 list. Read more details about Warner Baxter's pay.
(Slide edited to correct ratio of CEO pay to median pay.)
5. Arch Coal

Arch Coal is on the Fortune 1,000.ÌýRead more about John Eaves' pay.
4. Post Holdings

3. Mallinckrodt

Mark Trudeau, Mallinckrodt's CEO, has moved out of state in a restructuring of the company. Read more details about Trudeau's pay.
2. Emerson

Emerson is on the Fortune 500 list. Read more details about David Farr's pay.
1. Centene

Centene is on the Fortune 500 list. Read more details about Michael Neidroff's pay.