APA Corp CEO John Christmann's 2021 pay rises 5% to $15M
APA Corp reports 2021 executive compensation
By ExecPay News
Published: April 1, 2022
APA Corp reported fiscal year 2021 executive compensation information on April 1, 2022.
In 2021, five APA Corp executives received on average a compensation package of $7.3M, a 5% increase compared to previous year.
Average pay of disclosed executives at APA Corp
John J. Christmann IV, Chief Executive Officer, received $15M in total, which increased by 5% compared to 2020. 70% of Christmann's compensation, or $11M, was in stock awards. Christmann also received $2.5M in non-equity incentive plan, $1.3M in salary, as well as $613K in other compensation.
For fiscal year 2021, the median employee pay was $174,903 at APA Corp. Therefore, the ratio of John J. Christmann IV's pay to the median employee pay was 86 to one.
Stephen J. Riney, Chief Financial Officer, received a compensation package of $6.8M, which increased by 5% compared to previous year. 66% of the compensation package, or $4.5M, was in stock awards.
D. Clay Bretches, EVP, Operations, earned $5M in 2021, a 6% increase compared to previous year.
David A. Pursell, EVP, Development, received $4.9M in 2021, which increases by 5% compared to 2020.
P. Anthony Lannie, General Counsel, earned $4.6M in 2021, a 5% increase compared to previous year.
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Source: SEC filing on April 1, 2022.