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SHENANDOAH TELECOMMUNICATIONS CO/VA/

SHEN · FY2025

ALIGNED

CEO Package

$2.3M

Pay Ratio

—

Edward H. McKay

Pay reset -19.4% while TSR improved +29.4 pts

AT&T INC.

T · FY2025

MISALIGNED

CEO Package

$29.9M

Pay Ratio

—

John Stankey

Pay rose +13.2% while TSR fell -26.6 pts

Frontier Communications Parent, Inc.

FYBR · FY2024

MIXED

CEO Package

$12.4M

Pay Ratio

—

Nicholas S. Jeffery

Awaiting a fuller pay-performance history

CEOTotal Compensation — All Companies

SHEN$2.3MT$29.9MFYBR$12.4M

All values are grant-date fair value as reported in proxy statements.

Key Differences

The fastest way to read this comparison before dropping into the tables.

T carries the largest package at $29.9M, about 13.2x SHEN.
T reads misaligned, while SHEN looks aligned.

Pay Component Breakdown

Latest CEO package mix by company. This stays on the CEO package even if the chart above is showing Top 5 pay.

SHEN

Edward H. McKay

$2.3M

base salary22%
stock awards60%
non-equity incentive compensation17%
other compensation1%

T

John Stankey

$29.9M

base salary8%
stock awards65%
non-equity incentive compensation21%
other compensation1%

FYBR

Nicholas S. Jeffery

$12.4M

base salary10%
stock awards64%
non-equity incentive compensation26%
other compensation0%

Quick Comparison

CompanyCEOLatest YearTotal Comp
SHENANDOAH TELECOMMUNICATIONS CO/VA/(SHEN)Edward H. McKay2025$2.3M
AT&T INC.(T)John Stankey2025$29.9M
Frontier Communications Parent, Inc.(FYBR)Nicholas S. Jeffery2024$12.4M

Note: All compensation values shown are grant-date fair value as reported in proxy statements. Direct comparisons should account for differences in company size, industry, and compensation structure.

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