Denbury Resources CEO Christian Kendall's 2018 pay jumps 34% to $5.7M
Denbury Resources reports 2018 executive compensation
By ExecPay News
Published: April 24, 2019
Denbury Resources reported fiscal year 2018 executive compensation information on April 24, 2019.
In 2018, three executives at Denbury Resources received on average a compensation package of $3.7M, a 1% increase compared to previous year.
Average pay of disclosed executives at Denbury Resources
Christian S. Kendall, Chief Executive Officer, received $5.7M in total, which increased by 34% compared to 2017. 61% of Kendall's compensation, or $3.5M, was in stock awards. Kendall also received $1.4M in non-equity incentive plan, $775K in salary, as well as $53K in other compensation.
For fiscal year 2018, the median employee pay was $130,936 at Denbury Resources. Therefore, the ratio of Christian S. Kendall's pay to the median employee pay was 44 to one.
Mark C. Allen, Chief Financial Officer, received a compensation package of $3.3M, which increased by 18% compared to previous year. 56% of the compensation package, or $1.9M, was in stock awards.
James S. Matthews, Chief Administrative Officer, earned $2.1M in 2018, a 21% increase compared to previous year.
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Source: SEC filing on April 24, 2019.