Midstates Petroleum Company General Counsel Scott Weatherholt's 2018 pay jumps 286% to $1.6M
Midstates Petroleum Company reports 2018 executive compensation
By ExecPay News
Published: April 29, 2019
Midstates Petroleum Company reported fiscal year 2018 executive compensation information on April 29, 2019.
In 2018, four executives at Midstates Petroleum Company received on average a compensation package of $1.1M, a 27% increase compared to previous year.
Scott C. Weatherholt, General Counsel, received $1.6M in total, which increased by 286% compared to 2017. 62% of Weatherholt's compensation, or $992K, was in stock awards. Weatherholt also received $249K in non-equity incentive plan, $342K in salary, as well as $19K in other compensation.
David J. Sambrooks, Chief Executive Officer, received a compensation package of $1.1M, which decreased by 58% compared to previous year. 53% of the compensation package, or $600K, was in salary.
Richard W. McCullough, Chief Accounting Officer, earned $954K in 2018, a 151% increase compared to previous year.
Mitchell G. Elkins, Former Executive Vice President, Operations, received $856K in 2018, which increases by 44% compared to 2017.