Denbury Resources CEO Christian Kendall's 2019 pay slips 11% to $5.1M
Denbury Resources reports 2019 executive compensation
By ExecPay News
Published: April 16, 2020
Denbury Resources reported fiscal year 2019 executive compensation information on April 16, 2020.
In 2019, three executives at Denbury Resources received on average a compensation package of $3.3M, a 12% decrease compared to previous year.
Average pay of disclosed executives at Denbury Resources
Christian S. Kendall, Chief Executive Officer, received $5.1M in total, which decreased by 11% compared to 2018. 59% of Kendall's compensation, or $3M, was in stock awards. Kendall also received $1.2M in non-equity incentive plan, $824K in salary, as well as $49K in other compensation.
For fiscal year 2019, the median employee pay was $133,974 at Denbury Resources. Therefore, the ratio of Christian S. Kendall's pay to the median employee pay was 38 to one.
Mark C. Allen, Chief Financial Officer, received a compensation package of $2.8M, which decreased by 14% compared to previous year. 52% of the compensation package, or $1.5M, was in stock awards.
James S. Matthews, Chief Administrative Officer, earned $1.9M in 2019, a 13% decrease compared to previous year.
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Source: SEC filing on April 16, 2020.