Apache CEO John Christmann's 2018 pay rises 5% to $15M
Apache reports 2018 executive compensation
By ExecPay News
Published: April 9, 2019
Apache reported fiscal year 2018 executive compensation information on April 9, 2019.
In 2018, five Apache executives received on average a compensation package of $6.7M, a 8% increase compared to previous year.
Average pay of disclosed executives at Apache
John J. Christmann IV, Chief Executive Officer, received $15M in total, which increased by 5% compared to 2017. 62% of Christmann's compensation, or $9.5M, was in stock awards. Christmann also received $2.3M in non-equity incentive plan, $1.6M in option awards, $1.3M in salary, as well as $497K in other compensation.
Stephen J. Riney, Chief Financial Officer, received a compensation package of $6.2M, which increased by 9% compared to previous year. 55% of the compensation package, or $3.4M, was in stock awards.
P. Anthony Lannie, General Counsel, earned $4.4M in 2018, a 15% increase compared to previous year.
Timothy J. Sullivan, Executive Vice President, Operations Support, received $3.9M in 2018, which increases by 12% compared to 2017.
Grady L. Ables, Senior Region Vice President, North Sea, Egypt, and Houston Operations, earned $3.6M in 2018.
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Source: SEC filing on April 9, 2019.