Granite Ridge Resources CEO Luke Brandenberg's 2023 pay jumps 453% to $1.2M
Granite Ridge Resources reports 2023 executive compensation
By ExecPay News
Published: April 15, 2024
Granite Ridge Resources reported fiscal year 2023 executive compensation information on April 15, 2024.
In 2023, two executives at Granite Ridge Resources received on average a compensation package of $1.1M, a 548% increase compared to previous year.
Average pay of disclosed executives at Granite Ridge Resources
Luke C. Brandenberg, Chief Executive Officer, received $1.2M in total, which increased by 453% compared to 2022. 33% of Brandenberg's compensation, or $400K, was in salary. Brandenberg also received $300K in bonus, $162K in option awards, $356K in stock awards, as well as $6K in other compensation.
Tyler S. Farquharson, Chief Financial Officer, received a compensation package of $1M, which increased by 715% compared to previous year. 37% of the compensation package, or $385K, was in salary.
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Source: SEC filing on April 15, 2024.