Bonanza Creek Energy CEO Eric Greager's 2019 pay falls 54% to $2.7M
Bonanza Creek Energy reports 2019 executive compensation
By ExecPay News
Published: April 24, 2020
Bonanza Creek Energy reported fiscal year 2019 executive compensation information on April 24, 2020.
In 2019, five executives at Bonanza Creek Energy received on average a compensation package of $1.5M, a 7% decrease compared to previous year.
Eric T. Greager, Chief Executive Officer, received $2.7M in total, which decreased by 54% compared to 2018. 55% of Greager's compensation, or $1.5M, was in stock awards. Greager also received $679K in non-equity incentive plan, $500K in salary, as well as $18K in other compensation.
For fiscal year 2019, the median employee pay was $133,496 at Bonanza Creek Energy. Therefore, the ratio of Eric T. Greager's pay to the median employee pay was 20 to one.
Cyrus "Skip" Marter, General Counsel, received a compensation package of $1.4M, which increased by 3% compared to previous year. 49% of the compensation package, or $689K, was in stock awards.
Brant H. DeMuth, Chief Financial Officer, earned $1.3M in 2019, a 72% increase compared to previous year.
Dean Tinsley, Senior Vice President, Operations, received $1.2M in 2019, which increases by 3% compared to 2018.
Sandra K. Garbiso, Chief Accounting Officer, earned $893K in 2019, a 8% increase compared to previous year.