Michael D. Watford
2007
In 2007, Michael D. Watford earned a total compensation of $3.9M as Chairman, Chief Executive Officer and President at Ultra Petroleum, a 22% decrease compared to previous year.
Compensation breakdown
| Bonus | $1,500,000 |
|---|---|
| Option Awards | $900,000 |
| Salary | $587,500 |
| Stock Awards | $900,000 |
| Other | $29,420 |
| Total | $3,916,920 |
Watford received $1.5M in bonus, accounting for 38% of the total pay in 2007.
Watford also received $900K in option awards, $587.5K in salary, $900K in stock awards and $29.4K in other compensation.
Rankings
In 2007, Michael D. Watford's compensation ranked 1,099th out of 8,700 executives tracked by ExecPay. In other words, Watford earned more than 87.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,099 out of 8,700 | 87th |
Division Mining | 60 out of 390 | 85th |
Major group Oil And Gas Extraction | 46 out of 286 | 84th |
Industry group Crude Petroleum And Natural Gas | 33 out of 185 | 82nd |
Industry Crude Petroleum and Natural Gas | 33 out of 185 | 82nd |
Source: SEC filing on April 28, 2010.
Watford's colleagues
We found six more compensation records of executives who worked with Michael D. Watford at Ultra Petroleum in 2007.
2007
William Picquet
Ultra Petroleum
Vice President — Operations
2007
Marshall Smith
Ultra Petroleum
Chief Financial Officer
2007
Domestic Picquet
Ultra Petroleum
Vice President — Operations
2007
Stephen Kneller
Ultra Petroleum
Vice President — Exploration,
2007
Stuart Nance
Ultra Petroleum
Vice President — Marketing
2007
George Patterson
Ultra Petroleum