Civeo CEO Bradley Dodson's 2020 pay falls 32% to $3M
Civeo reports 2020 executive compensation
By ExecPay News
Published: April 1, 2021
Civeo reported fiscal year 2020 executive compensation information on April 1, 2021.
In 2020, four Civeo executives received on average a compensation package of $1.4M, a 26% decrease compared to previous year.
Bradley J. Dodson, Chief Executive Officer, received $3M in total, which decreased by 32% compared to 2019. 42% of Dodson's compensation, or $1.3M, was in stock awards. Dodson also received $1.1M in non-equity incentive plan, $633K in salary, as well as $17K in other compensation.
For fiscal year 2020, the median employee pay was $52,108 at Civeo. Therefore, the ratio of Bradley J. Dodson's pay to the median employee pay was 57 to one.
Allan D. Schoening, Senior Vice President, Canada, received a compensation package of $942K, which decreased by 26% compared to previous year. 36% of the compensation package, or $337K, was in salary.
Carolyn J. Stone, Chief Financial Officer, earned $917K in 2020, a 7% decrease compared to previous year.
Peter L. McCann, Senior Vice President, Australia, received $849K in 2020, which decreases by 16% compared to 2019.