NV Energy CEO Yackira to Get $24 Million Next Year
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NV Energy Inc. Chief Executive Officer Michael Yackira will receive about $24 million in compensation after retiring from the Nevada utility purchased this week by MidAmerican Energy Holdings Co.
Yackira, 62, will get $15.1 million for his stock and options, about $6 million in cash and about $2.9 million in pension and other benefits, according to an August 2012 “golden parachute” disclosure by Las Vegas-based NV Energy. Much of Yackira’s stock was already owned or earned through his tenure, said Rob Stillwell, a spokesman for NV Energy.