Ray R. Irani
2006
In 2006, Ray R. Irani earned a total compensation of $55.5M as Chairman and Chief Executive Officer at Occidental Petroleum.
Compensation breakdown
| Bonus | $1,396,000 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $601,693 |
| Non-Equity Incentive Plan | $1,404,000 |
| Option Awards | $17,372,169 |
| Salary | $1,300,000 |
| Stock Awards | $30,995,422 |
| Other | $2,479,243 |
| Total | $55,548,527 |
Irani received $31M in stock awards, accounting for 56% of the total pay in 2006.
Irani also received $1.4M in bonus, $601.7K of change in pension value and nonqualified deferred compensation earnings, $1.4M in non-equity incentive plan, $17.4M in option awards, $1.3M in salary and $2.5M in other compensation.
Rankings
In 2006, Ray R. Irani's compensation ranked 6th out of 7,022 executives tracked by ExecPay. In other words, Irani earned more than 99.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 6 out of 7,022 | 100th |
Division Mining | 1 out of 387 | 100th |
Major group Oil And Gas Extraction | 1 out of 271 | 100th |
Industry group Crude Petroleum And Natural Gas | 1 out of 182 | 100th |
Industry Crude Petroleum and Natural Gas | 1 out of 182 | 100th |
Source: SEC filing on March 22, 2007.
Irani's colleagues
We found four more compensation records of executives who worked with Ray R. Irani at Occidental Petroleum in 2006.