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CLAY ELECTRIC COOPERATIVE INC

FL · Public Policy · EIN 590196695

37
Executives Disclosed
$453.8M
Annual Revenue
$1008.2M
Total Assets
3.7:1
Internal Pay Ratio

CLAY ELECTRIC COOPERATIVE INC has 37 executives with disclosed compensation. The highest-paid executive, Richard K Davis (GENERAL MANAGER/CEO), received peak total compensation of $1,059,379. The sector average for Public Policy executives is $191K.


Top Executive Compensation Over Time


Executive Compensation

Name Title Peak Comp. Latest Comp. Years vs. Household
Richard K Davis GENERAL MANAGER/CEO $1.1M $1.1M 2016–2024 14.1x
Donald J Williams CHIEF OFFICER CORP SVCS $488K $488K 2021–2024 6.5x
Sanford M Maxwell CHIEF FINANCIAL OFFICER $456K $456K 2016–2024 6.1x
Derick Thomas CHIEF PUBLIC RELATIONS OFF $424K $424K 2016–2024 5.7x
Bruce R McHollan DIRECTOR-INFO/COMM $407K $407K 2016–2016 5.4x
Daniel B Gunter DIRECTOR OF OPERATIONS $391K $391K 2016–2024 5.2x
Frank Holmes CHIEF OPERATING OFFICER $390K $174K 2016–2022 5.2x
Christopher E Bryan DIRECTOR OF ENGINEERING $387K $387K 2020–2024 5.2x
Troy Adams DISTRICT MANAGER-GV/LC $385K $316K 2016–2024 5.1x
Thurman Lee Hicks DIRECTOR OF HUMAN RESOURCE $322K $322K 2019–2020 4.3x
James R Beeler Jr DISTRICT MANAGER-PK/SS $315K $226K 2016–2019 4.2x
Louie A Chaff DISTRICT MANAGER-OP $313K $298K 2016–2024 4.2x
Mark A Townsend DIVISION MANAGER-T&D CONST $313K $313K 2021–2024 4.2x
Tobias Moss CHIEF INFORMATION OFFICER $311K $263K 2017–2022 4.2x
Michael Grantham DIVISION MANAGER - OPERATIONS $300K $300K 2017–2024 4x
Dale R Furlong DISTRICT MANAGER-KHD $295K $154K 2016–2022 3.9x
Cheryl Rodgers CHIEF AUDIT OFFICER $293K $293K 2022–2024 3.9x
Howard M Mott Jr DIRECTOR-OPERATIONS $284K $157K 2016–2017 3.8x
William D Hembree DISTRICT MANAGER-PK/SS $284K $284K 2021–2024 3.8x
Brent Richardson CHIEF INFORMATION OFFICER $284K $284K 2022–2024 3.8x
Joseph Johnson DIVISION MANAGER - ENGINEERING $281K $281K 2023–2024 3.7x
Joseph P Johnson DIVISION MANAGER-ENGINEERI $276K $276K 2021–2021 3.7x
Cheryl Rogers CHIEF AUDIT OFFICER $265K $265K 2023–2023 3.5x
Jared Baldree SERVICE WORKER $252K $252K 2024–2024 3.4x
Cheryl B Rogers CHIEF AUDIT OFFICER $245K $245K 2016–2020 3.3x
Herman Dyal DIRECTOR-ENGINEERING $183K $183K 2016–2016 2.4x
Kelley R Smith Jr TRUSTEE - PRESIDENT $47K $0 2021–2024 0.6x
John H Whitehead TRUSTEE $42K $0 2016–2024 0.6x
Karen Hastings TRUSTEE $36K $0 2016–2024 0.5x
Joseph C Malphurs TRUSTEE $35K $0 2016–2024 0.5x
Cynthia Loose TRUSTEE $33K $0 2023–2024 0.4x
Kelly R Smith Jr TRUSTEE $32K $0 2016–2020 0.4x
Susan S Reeves TRUSTEE $32K $0 2016–2024 0.4x
James D Wilson TRUSTEE $30K $0 2016–2024 0.4x
Joann R Smith TRUSTEE $27K $0 2016–2024 0.4x
Clyde D Hersey TRUSTEE $23K $0 2016–2024 0.3x
Carl F Hagglund TRUSTEE $20K $0 2016–2022 0.3x

Annual Summary

Year Executives Avg. Comp. Highest Comp. Total Payroll
2016 22 $280K $589K $3.6M
2017 21 $284K $641K $3.4M
2018 20 $322K $726K $3.5M
2019 20 $314K $736K $3.5M
2020 20 $353K $856K $3.9M
2021 23 $326K $764K $4.6M
2022 24 $328K $852K $4.9M
2023 23 $348K $891K $4.9M
2024 24 $388K $1.1M $5.8M
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