The following table contains information concerning compensation paid or accrued to the named executive officers for services rendered in all capacities to the Company in 2018, 2017 and 2016:
Name and Principal
Position Year Salary($) Bonus($)(1)
Stock Awards ($)(2) Option Awards ($) Non-Equity Incentive Plan Compensation ($)(3) Change in Pension Value ($)(4) All Other Compensation ($)(5) Total($) Douglas L. Peterson
President and Chief Executive Officer
2018 $1,000,000 — $8,820,000 — $2,047,000 — $493,845 $12,360,845
2017 $1,000,000 — $6,000,000 — $3,240,000 — $479,216 $10,719,216
2016 $1,000,000 — $4,800,000 — $2,890,000 — $355,769 $ 9,045,769
Ewout L. Steenbergen
EVP, Chief Financial Officer 2018 $ 806,2502017 $ 750,000 — $2,275,000— $1,800,000 —— $ 975,000$1,950,000 —— $311,098$ 63,041 $ 4,367,348$ 4,563,041
2016 $ 99,432 $1,500,000 $4,250,000 — $ 0 — $ 2,100 $ 5,851,532
John L. Berisford
President, S&P Global Ratings
2018 $ 618,750 — $1,500,000 — $ 541,500 $ 0 $240,466 $ 2,900,716
2017 $ 600,000 — $1,300,000 — $1,300,000 $ 4,833 $180,138 $ 3,384,971
2016 $ 600,000 — $1,000,000 — $ 830,000 $ 3,325 $129,093 $ 2,562,418
Michael A. Chinn
President, S&P Global Market Intelligence and EVP, Data and Technology Innovation, S&P Global
2018 $ 606,250 — $1,500,000 — $ 718,500 — $217,098 $ 3,041,848
2017 $ 537,500 — $1,050,000 — $1,300,000 — $100,945 $ 2,988,445
2016 $ 505,769 — $ 750,000 — $ 750,000 — $ 3,000 $ 2,008,769
Alex J. Matturri
Chief Executive Officer, S&P Dow Jones Indices
2018 $ 606,250 — $ 460,000 — $2,044,000 $ 0 $197,523 $ 3,307,773
2017 $ 537,500 — $ 400,000 — $1,788,000 $36,080 $151,657 $ 2,913,237
2016 $ 493,750 — $ 320,000 — $1,958,000 $85,527 $131,176 $ 2,988,453
(1) For Mr. Steenbergen, this amount reflects the payment of (i) a $500,000 signing bonus in consideration of the compensation from his prior employer that was forfeited when he was hired by the Company in 2016, subject to 100% repayment upon a voluntary separation from the Company within 12 months after his hire, and (ii) a guaranteed bonus of $1,000,000, as Mr. Steenbergen did not receive a 2016 short-term incentive award due to the timing of his hire.
(2) The amounts reported in this column reflect the aggregate grant date fair value of the equity awards granted to the named executive officers in the relevant year, which may include performance share units (“PSUs”), restricted stock units (“RSUs”) and restricted stock awards, as applicable, granted under the Company’s 2002 Stock Incentive Plan. The assumptions used to calculate the awards were in accordance with Financial Accounting Standards Board Accounting Standards Codification (“FASB ASC”) Topic 718, Stock Compensation, as disclosed in Footnote 8 to the Consolidated Financial Statements, which appears in the Company’s Form 10-K for the 2018 year filed with the SEC on February 13, 2019. The amounts for the PSUs granted in 2018 were calculated based on the probable outcome of performance conditions as of the grant date computed in accordance with FASB ASC Topic 718 excluding the effect of estimated forfeitures.
The maximum values for the 2018 and 2017 PSUs as of the grant date are as follows: Executive 2018 2017 D. Peterson $9,548,000 $8,400,000 E. Steenbergen $3,185,000 $2,520,000 J. Berisford $2,100,000 $1,820,000 M. Chinn $2,100,000 $1,470,000 A. Matturri $ 644,000 $ 560,000
The dollar amounts listed do not necessarily reflect the dollar amounts of compensation actually realized or that may be realized by our named executive officers. These awards are further described on pages 88 through 89 of this Proxy Statement.
(3) The amounts reported in this column represent the cash incentive awards paid under the Company’s Key Executive Short-Term Incentive Compensation Plan to all of our named executive officers. The amount reported for Mr. Matturri also includes the $960,000 payment relating to the 2016 S&P Dow Jones Indices Long-Term Cash Incentive Compensation Plan, which vested on December 31, 2018. For additional information regarding these cash incentive awards, see pages 75 through 78 of the Compensation Discussion and Analysis included in this Proxy Statement.
(4) The amounts reported in this column include benefits under the Employee Retirement Plan of S&P Global Inc. and its Subsidiaries (“ERP”) and the S&P Global Inc. Employee Retirement Plan Supplement (“ERPS”), which are described on pages 91 and 92 of this Proxy Statement. The 2018 present value of accumulated benefits decreased from the 2017 present values by $2,986 for Mr. Berisford and $18,308 for Mr. Matturri. Messrs. Peterson, Steenbergen and Chinn are not participants in the ERP and ERPS plans since they did not meet the eligibility requirements on April 1, 2012, when participation in the plans was frozen. These amounts are disclosed in the Pension Benefits Table beginning on page 91 of this Proxy Statement. (5) The amounts shown in this column include the items described below:
The Company made contributions under The 401(k) Savings and Profit Sharing Plan of S&P Global Inc. and its Subsidiaries, the S&P Global Inc. 401(k) Savings and Profit Sharing Plan Supplement as follows:
Name
401(k) Savings and Profit Sharing Plan
($)
401(k) Savings and Profit Sharing Plan
Supplement ($) D. Peterson $27,040 $436,150 E. Steenbergen $27,040 $272,938 J. Berisford $27,040 $180,813 M. Chinn $27,040 $179,438 A. Matturri $27,040 $168,438