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HENDRICKS COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION

IN · EIN 350376478

21
Executives Disclosed
$115.9M
Annual Revenue
$264.4M
Total Assets
2.9:1
Internal Pay Ratio

HENDRICKS COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION has 21 executives with disclosed compensation. The highest-paid executive, Gregory A Ternet (CEO), received peak total compensation of $677,765.


Top Executive Compensation Over Time


Executive Compensation

Name Title Peak Comp. Latest Comp. Years vs. Household
Gregory A Ternet CEO $678K $678K 2020–2024 9x
Michael L Good DIRECTOR OF ENGINEERING $285K $246K 2020–2024 3.8x
David R Olmstead DIRECTOR OF FINANCE & MEMB $259K $259K 2020–2024 3.5x
Joseph A Parsons DIRECTOR OF OPERATIONS & B $235K $235K 2020–2024 3.1x
Amy C Watson DIRECTOR OF TECHNOLOGY $226K $226K 2020–2024 3x
Debra J Lenardson DIRECTOR OF HUMAN RESOURCE $226K $226K 2020–2024 3x
Dana Cochran DIRECTOR OF MARKETING $215K $215K 2022–2022 2.9x
Hal Truax VICE PRESIDENT $27K $0 2020–2024 0.4x
Matthew J Hession DIRECTOR $26K $0 2020–2024 0.3x
William A Lynch PRESIDENT $25K $0 2020–2024 0.3x
R Jeffrey Fleece SECRETARY (THRU 07/24) $24K $0 2020–2024 0.3x
Susan Webb DIRECTOR $21K $0 2020–2024 0.3x
David Thomas DIRECTOR $20K $0 2020–2024 0.3x
Christopher Mann SECRETARY (START 07/24) $19K $0 2021–2024 0.3x
Brent Shay DIRECTOR $19K $0 2022–2024 0.2x
Donald Stinson DIRECTOR $17K $0 2020–2022 0.2x
Keith S Cooper TREASURER $17K $0 2020–2024 0.2x
Stanley Ryland DIRECTOR (THRU 07/24) $15K $0 2020–2024 0.2x
Larry Salsman SECRETARY $12K $0 2020–2020 0.2x
Kevin Miller DIRECTOR $9K $0 2024–2024 0.1x
Marshall Hurst DIRECTOR $7K $0 2020–2020 0.1x

Annual Summary

Year Executives Avg. Comp. Highest Comp. Total Payroll
2020 17 $266K $488K $1.6M
2021 16 $270K $533K $1.6M
2022 17 $287K $605K $1.7M
2023 16 $291K $609K $1.7M
2024 17 $312K $678K $1.9M
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