Civeo CEO Bradley Dodson's 2019 pay jumps 28% to $4.4M
Civeo reports 2019 executive compensation
By ExecPay News
Published: April 13, 2020
Civeo reported fiscal year 2019 executive compensation information on April 13, 2020.
In 2019, five Civeo executives received on average a compensation package of $1.9M, a 2% decrease compared to previous year.
Bradley J. Dodson, Chief Executive Officer, received $4.4M in total, which increased by 28% compared to 2018. 66% of Dodson's compensation, or $2.9M, was in stock awards. Dodson also received $765K in non-equity incentive plan, $681K in salary, as well as $50K in other compensation.
For fiscal year 2019, the median employee pay was $61,739 at Civeo. Therefore, the ratio of Bradley J. Dodson's pay to the median employee pay was 71 to one.
Frank C. Steininger, Executive Vice President, Strategic Initiatives, received a compensation package of $2M, which decreased by 15% compared to previous year. 56% of the compensation package, or $1.1M, was in stock awards.
Allan D. Schoening, Senior Vice President, Canada, earned $1.3M in 2019, a 17% increase compared to previous year.
Peter L. McCann, Senior Vice President, Australia, received $1M in 2019, which decreases by 2% compared to 2018.
Carolyn J. Stone, Chief Financial Officer, earned $984K in 2019.