Core Laboratories NV CEO David Demshur's 2012 pay rises 14% to $6.5M
Core Laboratories NV reports 2012 executive compensation
By ExecPay News
Published: March 19, 2013
Core Laboratories NV reported fiscal year 2012 executive compensation information on March 19, 2013.
In 2012, three executives at Core Laboratories NV received on average a compensation package of $4.1M, a 12% increase compared to previous year.
Average pay of disclosed executives at Core Laboratories NV
David M. Demshur, Chief Executive Officer, received $6.5M in total, which increased by 14% compared to 2011. 55% of Demshur's compensation, or $3.6M, was in stock awards. Demshur also received $313K of change in pension value and nonqualified deferred compensation earnings, $1.8M in non-equity incentive plan, $875K in salary, as well as $16K in other compensation.
Richard L. Bergmark, Chief Financial Officer, received a compensation package of $3M, which increased by 9% compared to previous year. 50% of the compensation package, or $1.5M, was in stock awards.
Monty L. Davis, Chief Operating Officer, earned $2.9M in 2012, a 9% increase compared to previous year.
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Source: SEC filing on March 19, 2013.