J. Larry Nichols
2008
In 2008, J. Larry Nichols earned a total compensation of $19.9M as Executive Chairman at Devon Energy, a 9% increase compared to previous year.
Compensation breakdown
| Bonus | $3,000,600 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $3,219,047 |
| Option Awards | $5,960,352 |
| Salary | $1,400,000 |
| Stock Awards | $6,015,972 |
| Other | $339,556 |
| Total | $19,935,527 |
Nichols received $6M in stock awards, accounting for 30% of the total pay in 2008.
Nichols also received $3M in bonus, $3.2M of change in pension value and nonqualified deferred compensation earnings, $6M in option awards, $1.4M in salary and $339.6K in other compensation.
Rankings
In 2008, J. Larry Nichols' compensation ranked 82nd out of 9,135 executives tracked by ExecPay. In other words, Nichols earned more than 99.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 82 out of 9,135 | 99th |
Division Mining | 10 out of 396 | 98th |
Major group Oil And Gas Extraction | 8 out of 288 | 97th |
Industry group Crude Petroleum And Natural Gas | 6 out of 193 | 97th |
Industry Crude Petroleum and Natural Gas | 6 out of 193 | 97th |
Source: SEC filing on April 23, 2009.
Nichols' colleagues
We found four more compensation records of executives who worked with J. Larry Nichols at Devon Energy in 2008.