How much does the CEO of Patterson's UTI make?
Executive compensation for James C. Grech, serving as the President and Chief Executive Officer of Peabody Energy Corporation, reflects leadership within the global coal mining and energy supply sector. Official corporate proxy statements filed with the Securities and Exchange Commission indicate that his total annual remuneration package is valued at approximately 9.03 million US dollars. This comprehensive executive pay structure comprises a baseline annual cash salary of 1.08 million US dollars, performance-linked cash incentive bonuses totaling 2.55 million US dollars, and extensive multi-year equity stock awards valued at over 5.08 million US dollars designed to align executive wealth directly with thermal and metallurgical coal production efficiency.
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