Friday, September 6, 2019

Houston, Texas-Based Natural Gas Transmission Company Spectra Energy Corp's Top-Tier Executives Average Pay Raise Was an Exceptionally Clean, Very Robust 16.4% Per Year During the Seven Years (2009-2015) Before It Was Acquired

From annual compensation information contained in Company Proxy Statement filings with the US SEC, the chart below shows Spectra Energy Corp's Top-Tier Executives Annual Total Compensation for each of two consecutive substantially full years of employment for the seven years before it was acquired.  Spectra Energy Corp was acquired by Enbridge in 2016.


FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Spectra Energy Corp 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
Ebel CEO  N/A   N/A   N/A   N/A   N/A   N/A      10,343     10,265     10,265       8,301
Reddy CFO  N/A   N/A   N/A   N/A   N/A   N/A        3,238       3,016       3,016       2,800
Hedgebeth General Coinsel  N/A   N/A   N/A   N/A   N/A   N/A        2,474       3,049       3,049       2,267
Ables Chief Administration Officer  N/A   N/A   N/A   N/A   N/A   N/A        1,972       1,963       1,963       1,758
 Totals   N/A   N/A   N/A   N/A   N/A   N/A      18,027     18,293     18,293     15,126
Annual % Change vs Prior Year  N/A   N/A   N/A  -1.5% 20.9%
   
FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Spectra Energy Corp 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
Ebel CEO       8,301       8,226       8,226       7,782       7,782       6,865       6,865       4,761       4,761       2,956
Reddy CFO       2,800       2,392       2,392       2,513       2,513       2,482       2,482       2,325    
Harris COO       2,715       2,361       2,361       2,548       2,548       2,540       2,540       2,064       2,064       1,496
Hedgebeth General Coinsel       2,267       2,217       2,217       2,171       2,171       2,203  N/A   N/A     
Ables Chief Administration Officer       1,758       1,692       1,692       1,768       1,768       1,754       1,754       1,321       1,321          877
 Totals      17,841     16,888     16,888     16,782     16,782     15,844     13,641     10,471       8,146       5,329
Annual % Change vs Prior Year 5.6% 0.6% 5.9% 30.3% 52.9%
5 Year Average Per Year % Change 19.1%
7 Year Average Per Year % Change 16.4%