Civeo CEO Bradley Dodson's 2018 pay rises 13% to $3.4M
Civeo reports 2018 executive compensation
By ExecPay News
Published: April 3, 2019
Civeo reported fiscal year 2018 executive compensation information on April 3, 2019.
In 2018, four Civeo executives received on average a compensation package of $2M, a 17% increase compared to previous year.
Average pay of disclosed executives at Civeo
Bradley J. Dodson, Chief Executive Officer, received $3.4M in total, which increased by 13% compared to 2017. 76% of Dodson's compensation, or $2.6M, was in stock awards. Dodson also received $214K in non-equity incentive plan, $595K in salary, as well as $24K in other compensation.
For fiscal year 2018, the median employee pay was $67,159 at Civeo. Therefore, the ratio of Bradley J. Dodson's pay to the median employee pay was 51 to one.
Frank C. Steininger, Chief Financial Officer, received a compensation package of $2.3M, which increased by 39% compared to previous year. 75% of the compensation package, or $1.7M, was in stock awards.
Allan D. Schoening, Senior Vice President, Canada, earned $1.1M in 2018, a 15% increase compared to previous year.
Peter L. McCann, Senior Vice President, Australia, received $1M in 2018, which decreases by 5% compared to 2017.
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Source: SEC filing on April 3, 2019.