Core Laboratories NV CEO David Demshur's 2011 pay jumps 25% to $5.7M
Core Laboratories NV reports 2011 executive compensation
By ExecPay News
Published: March 21, 2012
Core Laboratories NV reported fiscal year 2011 executive compensation information on March 21, 2012.
In 2011, three executives at Core Laboratories NV received on average a compensation package of $3.7M, a 18% increase compared to previous year.
Average pay of disclosed executives at Core Laboratories NV
David M. Demshur, Chief Executive Officer, received $5.7M in total, which increased by 25% compared to 2010. 54% of Demshur's compensation, or $3.1M, was in stock awards. Demshur also received $190K of change in pension value and nonqualified deferred compensation earnings, $1.6M in non-equity incentive plan, $800K in salary, as well as $16K in other compensation.
Richard L. Bergmark, Chief Financial Officer, received a compensation package of $2.7M, which increased by 6% compared to previous year. 51% of the compensation package, or $1.4M, was in stock awards.
Monty L. Davis, Chief Operating Officer, earned $2.6M in 2011, a 18% increase compared to previous year.
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Source: SEC filing on March 21, 2012.