Core Laboratories NV CEO David Demshur's 2010 pay jumps 215% to $4.6M
Core Laboratories NV reports 2010 executive compensation
By ExecPay News
Published: March 22, 2011
Core Laboratories NV reported fiscal year 2010 executive compensation information on March 22, 2011.
In 2010, three executives at Core Laboratories NV received on average a compensation package of $3.1M, a 206% increase compared to previous year.
Average pay of disclosed executives at Core Laboratories NV
David M. Demshur, Chief Executive Officer, received $4.6M in total, which increased by 215% compared to 2009. 39% of Demshur's compensation, or $1.8M, was in stock awards. Demshur also received $852K of change in pension value and nonqualified deferred compensation earnings, $1.2M in non-equity incentive plan, $700K in salary, as well as $13K in other compensation.
Richard L. Bergmark, Chief Financial Officer, received a compensation package of $2.6M, which increased by 204% compared to previous year. 32% of the compensation package, or $831K, was of change in pension value and nonqualified deferred compensation earnings.
Monty L. Davis, Chief Operating Officer, earned $2.2M in 2010, a 193% increase compared to previous year.
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Source: SEC filing on March 22, 2011.