RGCO · Rgc Resources Inc

$21.28 -0.26 (-1.21%) At close · Aug 17

Market Cap

$223.81M

10.42M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Paul W. Nester	President & CEO	$467,084	—	$288,225	—	$184,866	$49,683	$1,014,851
Paul Nester	CEO	$467,084	—	$288,225	—	$184,866	$49,683	$1,014,851
Timothy J. Mulvaney	Vice President, Treasurer & CFO	$259,766	—	$118,125	—	$89,381	$62,387	$584,061
Timothy Mulvaney	CFO	$259,766	—	$118,125	—	$89,381	$62,387	$584,061
Lawrence T. Oliver	Sr. Vice President,	$269,141	—	$115,500	—	$90,750	$46,365	$554,948
Lawrence Oliver	—	$269,141	—	$115,500	—	$90,750	$46,365	$554,948

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Paul W. Nester	President & CEO	$443,876	—	$274,500	—	$199,688	$46,416	$1,061,983
Paul Nester	CEO	$443,876	—	$274,500	—	$199,688	$46,416	$1,061,983
C. James Shockley	COO	$250,095	—	$105,787	—	$92,563	$39,091	$746,034
Lawrence Oliver	—	$242,778	—	$105,000	$25,750	$93,750	$38,490	$541,694
Lawrence T. Oliver	Sr. Vice President,	$242,778	—	$105,000	$25,750	$93,750	$38,490	$541,694
Timothy Mulvaney	CFO	$306,261	—	$87,500	—	$70,000	$36,320	$515,081
Timothy J. Mulvaney	Vice President, Treasurer & CFO	$306,261	—	$87,500	—	$70,000	$36,320	$515,081

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Paul Nester	CEO	$422,576	—	$321,300	—	$220,626	$78,866	$1,054,041
Paul W. Nester	President & CEO	$422,576	—	$321,300	—	$220,626	$78,866	$1,054,041
C. James Shockley	COO	$243,440	—	$122,269	—	$106,374	$51,102	$525,392
Lawrence T. Oliver	Sr. Vice President,	$219,111	—	$100,800	—	$89,600	$40,269	$455,147
Lawrence Oliver	—	$219,111	—	$100,800	—	$89,600	$40,269	$455,147
Corp. Secretary	—	$219,111	—	$100,800	—	$89,600	$40,269	$455,147

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Paul W. Nester	President & CEO	$408,126	$20,000	—	—	$49,980	$110,244	$588,350
Paul Nester	CEO	$408,126	$20,000	—	—	$49,980	$110,244	$588,350
C. James Shockley	COO	$237,863	$10,000	—	—	$21,558	$36,727	$306,148
Corp. Secretary	—	$204,569	$15,000	—	$10,780	$25,750	$35,794	$298,856
Lawrence Oliver	—	$204,569	$15,000	—	$10,780	$25,750	$35,794	$298,856
Lawrence T. Oliver	Sr. Vice President,	$204,569	$15,000	—	$10,780	$25,750	$35,794	$298,856
Jason Field	VP, CFO & Treasurer	$144,423	$10,000	—	$21,560	$26,250	$16,284	$235,317

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Paul W. Nester	President & CEO	$405,793	—	$285,600	—	$199,920	$57,510	$977,349
Paul Nester	CEO	$405,793	—	$285,600	—	$199,920	$57,510	$977,349
C. James Shockley	COO	$231,591	—	$116,280	—	$93,140	$46,658	$545,218
Carl J. Shockley	VP & COO	$231,591	—	$116,280	—	$93,140	$46,658	$545,218
Robert L. Wells	VP & CIO	$203,195	—	$91,800	—	$81,600	$57,251	$516,425
Lawrence Oliver	—	$181,860	—	$116,280	$16,650	$80,000	$44,436	$454,570
Lawrence T. Oliver	VP, Reg. Affairs &	$181,860	—	$116,280	$16,650	$80,000	$44,436	$454,570
Corp. Secretary	—	$181,860	—	$90,000	$16,650	$80,000	$44,436	$428,290

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Paul Nester	CEO	$375,334	$40,000	$180,000	—	$156,100	$126,344	$993,424
Paul W. Nester	President & CEO	$375,334	$40,000	$180,000	—	$156,100	$126,344	$993,424
Carl J. Shockley	VP & COO	$223,361	$16,000	$68,400	—	$76,266	$47,689	$760,253
Robert L. Wells	VP & CIO	$198,253	$10,000	$45,000	—	$58,250	$119,293	$739,396
John S. D'Orazio	President & CEO	$178,308	—	—	—	—	$86,624	$473,834
Corp. Secretary	—	$153,052	$30,000	$36,000	$31,300	$47,600	$41,288	$359,240

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
John S. D'Orazio	President & CEO	$443,070	—	$202,500	—	$191,363	$299,572	$1,459,285
Roanoke Gas Co	—	$208,605	—	$63,300	—	$79,125	$118,691	$837,392
Carl J. Shockley	VP & COO	$208,605	—	$63,300	—	$79,125	$118,691	$837,392
Robert L. Wells	VP & CIO	$189,736	—	$43,200	—	$60,000	$131,561	$772,335
Paul Nester	CEO	$300,532	—	$118,125	—	$112,455	$102,771	$742,566
Paul W. Nester	President & CEO	$300,532	—	$118,125	—	$112,455	$102,771	$742,566

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
John S. D'Orazio	President & CEO	$418,070	—	$151,406	—	$161,208	$40,901	$801,014
Paul W. Nester	President & CEO	$253,417	—	$62,938	—	$86,953	$54,337	$482,437
Paul Nester	CEO	$253,417	—	$62,938	—	$86,953	$54,337	$482,437
Roanoke Gas Co	—	$201,520	—	$34,200	—	$52,020	$47,689	$419,730
Robert L. Wells	VP & CIO	$188,931	—	$32,597	—	$50,039	$47,023	$379,493

Executive changes

Person	Role	Change	Effective	Filed
Maryellen F. Goodlatte	Class C director	Appointed	—	2024-02-02
Paul W. Nester	Class C director	Appointed	—	2024-02-02
T. Joe Crawford	Class C director	Appointed	—	2024-02-02
Timothy J. Mulvaney	Vice President, Treasurer and Chief Financial Officer	Appointed	2024-02-01	2024-02-02
Timothy Mulvaney	interim Chief Financial Officer and Treasurer	Appointed	2023-09-06	2023-09-07
Jason Field	Vice President, Chief Financial Officer and Treasurer	Resigned	2023-08-04	2023-06-22
Paul W. Nester	President and CEO of Resources	Appointed	2023-01-23	2023-01-25
John B. Williamson, III	Chairman of the Board of Resources	Appointed	2023-01-23	2023-01-25
Lawrence T. Oliver	Senior Vice President, Regulatory and External Affairs, and Secretary of Resources	Appointed	2023-02-01	2023-01-25
C. Brooke Miles	Vice President, Human Resources, Assistant Treasurer and Assistant Secretary of RGC Resources, Inc.	Appointed	2023-02-01	2023-01-25
Robert Johnston	Class B director	Appointed	2022-04-07	2022-04-08
John B. Williamson, III	Chairman of the Board	Appointed	—	2022-01-26
Lawrence T. Oliver	Vice President and Secretary	Appointed	2022-02-10	2022-01-26
Jason A. Field	Vice President, CFO and Treasurer	Appointed	2022-02-10	2022-01-26
Jason Field	Vice President, Chief Financial Officer and Treasurer	Appointed	2022-02-10	2022-01-13

Key facts CIK 1069533 CUSIP 74955L103 13F (30d) 91 filings 91 filers Visit website