Civeo CEO Bradley Dodson's 2021 pay jumps 70% to $5.1M
Civeo reports 2021 executive compensation
By ExecPay News
Published: April 7, 2022
Civeo reported fiscal year 2021 executive compensation information on April 7, 2022.
In 2021, four Civeo executives received on average a compensation package of $2.3M, a 64% increase compared to previous year.
Average pay of disclosed executives at Civeo
Bradley J. Dodson, Chief Executive Officer, received $5.1M in total, which increased by 70% compared to 2020. 59% of Dodson's compensation, or $3M, was in stock awards. Dodson also received $1.3M in non-equity incentive plan, $745K in salary, as well as $17K in other compensation.
For fiscal year 2021, the median employee pay was $61,217 at Civeo. Therefore, the ratio of Bradley J. Dodson's pay to the median employee pay was 83 to one.
Allan D. Schoening, Senior Vice President, Canada, received a compensation package of $1.6M, which increased by 75% compared to previous year. 43% of the compensation package, or $714K, was in stock awards.
Carolyn J. Stone, Chief Financial Officer, earned $1.5M in 2021, a 63% increase compared to previous year.
Peter L. McCann, Senior Vice President, Australia, received $1.1M in 2021, which increases by 32% compared to 2020.
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Source: SEC filing on April 7, 2022.