EQT CEO Toby Rice Made $11.6M in 2022, Down from $16.9M in 2021

Yesterday EQT Corporation held its annual meeting in Pittsburgh. It was short and sweet. Everything presented in the company's previously filed (with the SEC) notice about the meeting was approved at the meeting via proxy vote. Among the items approved was the always-ticklish issue of executive (and board) compensation. EQT has five named executive officers, including CEO and President Toby Rice. Toby's regular annual salary is exactly $1 (not a typo). However, Toby gets bonuses based on the performance of the company. The board voted to grant Toby $780,000 in cash, and $10.8 million in company stock, for a total of $11.6 million in total compensation for 2022. And that's down from 2021, when he made total compensation of $16.9 million.

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