ConocoPhillips CEO Ryan Lance's 2018 pay rises 7% to $23M
ConocoPhillips reports 2018 executive compensation
By ExecPay News
Published: April 1, 2019
ConocoPhillips reported fiscal year 2018 executive compensation information on April 1, 2019.
In 2018, six executives at ConocoPhillips received on average a compensation package of $11M, a 1% increase compared to previous year.
Average pay of disclosed executives at ConocoPhillips
Ryan M. Lance, Chief Executive Officer, received $23M in total, which increased by 7% compared to 2017. 47% of Lance's compensation, or $11M, was in stock awards. Lance also received $5.5M of change in pension value and nonqualified deferred compensation earnings, $4.9M in non-equity incentive plan, $1.7M in salary, as well as $373K in other compensation.
For fiscal year 2018, the median employee pay was $163,817 at ConocoPhillips. Therefore, the ratio of Ryan M. Lance's pay to the median employee pay was 143 to one.
Alan J. Hirshberg, Executive Vice President, Production, Drilling & Projects, received a compensation package of $13M, which increased by 35% compared to previous year. 39% of the compensation package, or $5M, was in stock awards.
Donald E. Wallette, Jr, Chief Financial Officer, earned $10M in 2018, a 8% increase compared to previous year.
Matthew J. Fox, Chief Operating Officer, received $9.4M in 2018, which decreases by 6% compared to 2017.
J.L. Carrig retired, General Counsel, earned $7.1M in 2018, a 52% increase compared to previous year.
Kelly B. Rose, General Counsel, received $4.4M in 2018.
Related executives
Ryan Lance
ConocoPhillips
Chief Executive Officer
Donald Wallette
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Chief Financial Officer
Matthew Fox
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Chief Operating Officer
Alan Hirshberg
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Executive Vice President, Production, Drilling & Projects
Kelly Rose
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General Counsel
JL retired
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Source: SEC filing on April 1, 2019.