CFO & EVP
Dynegy (DYN)
Age: 39
2008 Total compensation*: $1.52 million
The downturn in the economy has hit independent power generator Dynegy hard. To help boost the liquidity of the Houston-based company, Nichols, a PricewaterhouseCoopers veteran who joined the company in 2000, helped broker a $1.5 billion cash and stock deal to sell nine power plants to LS Power in August.
NEXT: Theresa E. Wagler
Dynegy (DYN)
Age: 39
2008 Total compensation*: $1.52 million
The downturn in the economy has hit independent power generator Dynegy hard. To help boost the liquidity of the Houston-based company, Nichols, a PricewaterhouseCoopers veteran who joined the company in 2000, helped broker a $1.5 billion cash and stock deal to sell nine power plants to LS Power in August.
Analysts say the move may have saved the company, which posted a $345 million loss during its second quarter, from bankruptcy potential.
Source: Equilar Inc.
NEXT: Theresa E. Wagler
Last updated February 24 2010: 12:57 PM ET
Note: *Total compensation includes actual salary received, discretionary and performance-based bonus payouts, the grant-date fair value of new stock and option awards and other compensation. If relevant, other compensation includes severance payments. Equilar Inc., an executive compensation research firm in Redwood Shores, Calif., chart by looking at Fortune 1000 companies with fiscal year ends ranging from July 2008 to June 2009 that filed proxies by October 5, 2009.
Note: To be eligible for the 20 highest paid list, candidates had to be 39 or younger on Nov. 1, 2009.
Note: To be eligible for the 20 highest paid list, candidates had to be 39 or younger on Nov. 1, 2009.