ConocoPhillips CEO Ryan Lance's 2019 pay jumps 30% to $30M
ConocoPhillips reports 2019 executive compensation
By ExecPay News
Published: March 30, 2020
ConocoPhillips reported fiscal year 2019 executive compensation information on March 30, 2020.
In 2019, six executives at ConocoPhillips received on average a compensation package of $13M, a 13% increase compared to previous year.
Average pay of disclosed executives at ConocoPhillips
Ryan M. Lance, Chief Executive Officer, received $30M in total, which increased by 30% compared to 2018. 42% of Lance's compensation, or $13M, was in stock awards. Lance also received $12M of change in pension value and nonqualified deferred compensation earnings, $3.6M in non-equity incentive plan, $1.7M in salary, as well as $623K in other compensation.
For fiscal year 2019, the median employee pay was $186,334 at ConocoPhillips. Therefore, the ratio of Ryan M. Lance's pay to the median employee pay was 163 to one.
Donald E. Wallette, Jr, Chief Financial Officer, received a compensation package of $14M, which increased by 38% compared to previous year. 41% of the compensation package, or $5.8M, was in stock awards.
Matthew J. Fox, Chief Operating Officer, earned $10M in 2019, a 7% increase compared to previous year.
M.J. Fox retired, Chief Operating Officer, received $10M in 2019.
William L. Bullock, Jr, President, Asia Pacific & Middle East, earned $7.3M in 2019.
Kelly B. Rose, General Counsel, received $4.4M in 2019, which decreases by 1% compared to 2018.
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Source: SEC filing on March 30, 2020.