Sunday, August 18, 2019

Houston, Texas-Based Crown Castle International Corp's Top-Tier Executives Average Pay Raise Was a Clean, Reasonable 6.3% Per Year During the Past Ten Years (2009-2018)

The third Democratic 2020 Presidential candidate televised debate will be held in Houston, Texas on September 12 and 13, 2019.  Texas is also the home state of Julian Castro and Beto O'Rourke, who have both gained significant momentum in the past month.

The key issue to Texas citizens should be the huge and continuing Income Inequality Expansion which is at the core of many critical problems the US faces.

Thus I will be doing research and making posts on the average pay raise per year that the Top-Tier Executives of Texas Companies were rewarded with in the past ten years.  And I'll start with the large Texas Non-Oil & Gas Companies. 

The third Texas Non-Oil & Gas Company I am addressing here is Crown Castle International Corp, which is a Real Estate Investment Trust.  

From annual compensation information contained in Company Proxy Statement filings with the SEC, the chart at the bottom below shows Crown Castle's Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the past ten years (2009-2018). 

Crown Castle's Top-Tier Executives Average Pay Raise was a clean, reasonable 6.3
% per year for the past ten years.


FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
  Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Crown Castle 2018 2017 2017 2016 2016 2015 2015 2014 2014 2013
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Brown CEO       9,026       9,273       9,273       7,402       7,402       3,805       3,805       3,302       3,302       3,074
Schlanger CFO       3,358       3,634  N/A   N/A             
Young COO-Fiber       4,336       4,692       4,692       4,347       4,347       3,779       3,779       3,278       3,278       3,051
Simon General Counsel       3,415       3,747       3,747       3,357  N/A   N/A     
Moreland Former EVC       5,275       9,337       9,337       9,981       9,981       8,413       8,413       7,389
Slowey Former CCO       2,358       2,294       2,294       2,041       2,041       1,830
Hawk Former General Counsel       3,206       2,612       2,612       2,257
 Totals      20,135     21,346     22,987     24,443     23,444     19,859     23,065     19,646     19,646     17,601
Annual % Change vs Prior Year -5.7% -6.0% 18.1% 17.4% 11.6%
5 Year Average Per Year % Change 7.1%
FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Crown Castle 2013 2012 2012 2011 2011 2010 2010 2009 2009 2008
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Brown CEO       3,074       2,539       2,539       2,270       2,270       2,721       2,721       2,113       2,113       2,558
Young COO-Fiber       3,051       2,525       2,525       2,245       2,245       2,720       2,720       2,487       2,487       2,231
Moreland Former EVC       7,389       5,701       5,701       5,354       5,354       5,223       5,223       3,720       3,720       4,402
Slowey Former CCO       1,830       1,719       1,719       1,753       1,753       1,616  N/A   N/A     
Hawk Former General Counsel       2,257       1,815       1,815       1,662       1,662       2,173       2,173       2,608       2,608       2,015
Kelly EVC       2,585       4,178
 Totals      17,601     14,299     14,299     13,284     13,284     14,453     12,837     10,928     13,513     15,384
Annual % Change vs Prior Year 23.1% 7.6% -8.1% 17.5% -12.2%
5 Year Average Per Year % Change 5.6%
10 Year Average Per Year % Change 6.3%