Devon Energy CEO David Hager's 2018 pay slips 7% to $12M
Devon Energy reports 2018 executive compensation
By ExecPay News
Published: April 23, 2019
Devon Energy reported fiscal year 2018 executive compensation information on April 23, 2019.
In 2018, five executives at Devon Energy received on average a compensation package of $6.8M, a 4% decrease compared to previous year.
- Salary
- Stock
- Options
- Non-Equity Incentive
- Bonus
- Change in Pension Value & NQDC
- Other
David A. Hager, Chief Executive Officer, received $12M in total, which decreased by 7% compared to 2017. 69% of Hager's compensation, or $8.6M, was in stock awards. Hager also received $1.5M in non-equity incentive plan, $1.3M in salary, as well as $1.1M in other compensation.
Tony D. Vaughn, Chief Operating Officer, received a compensation package of $7.7M, which decreased by 18% compared to previous year. 46% of the compensation package, or $3.5M, was in stock awards.
R. Alan Marcum, Former Executive Vice President, Administration, earned $6.1M in 2018, a 60% increase compared to previous year.
Lyndon C. Taylor, General Counsel, received $4.3M in 2018, which decreases by 14% compared to 2017.
Jeffrey L. Ritenour, Chief Financial Officer, earned $3.6M in 2018, a 6% increase compared to previous year.
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David Hager
Devon Energy
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R Marcum
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