Michael L. Preston

2019

In 2019, Michael L. Preston earned a total compensation of $2.8M as Senior Executive Vice President, Chief Administrative Officer and General Counsel at California Resources.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$14,198
Non-Equity Incentive Plan$1,088,245
Option Awards$107,511
Salary$439,231
Stock Awards$967,528
Other$175,530
Total$2,792,243

Preston received $1.1M in non-equity incentive plan, accounting for 39% of the total pay in 2019.

Preston also received $14.2K of change in pension value and nonqualified deferred compensation earnings, $107.5K in option awards, $439.2K in salary, $967.5K in stock awards and $175.5K in other compensation.

Rankings

In 2019, Michael L. Preston's compensation ranked 4,383rd out of 13,971 executives tracked by ExecPay. In other words, Preston earned more than 68.6% of executives.

ClassificationRankingPercentile
All
4,383
out of 13,971
69th
Division
Mining
168
out of 514
67th
Major group
Oil And Gas Extraction
148
out of 384
62nd
Industry group
Crude Petroleum And Natural Gas
107
out of 265
60th
Industry
Crude Petroleum and Natural Gas
107
out of 265
60th

Pay ratio

Michael L. Preston's Pay$2,792,243
Median Employee's Pay$154,051
Pay Ratio

18

to 1

In 2019, the annual total compensation of Michael L. Preston was $2,792,243.

The annual total compensation of the median employee at California Resources was $154,051.

The ratio of Michael L. Preston's pay to the pay of median employee was therefore 18 to one.

Source: SEC filing on March 24, 2020.

Preston's colleagues

We found four more compensation records of executives who worked with Michael L. Preston at California Resources in 2019.

2019

Todd Stevens

California Resources

Chief Executive Officer

2019

Marshall Smith

California Resources

Chief Financial Officer

2019

Charles Weiss

California Resources

Executive Vice President Public Affairs

2019

Darren Williams

California Resources

Executive Vice President Operations and Geoscience

News

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