Gulfport Energy CEO David Wood's 2019 pay jumps 53,951% to $6.4M
Gulfport Energy reports 2019 executive compensation
By ExecPay News
Published: June 12, 2020
Gulfport Energy reported fiscal year 2019 executive compensation information on June 12, 2020.
In 2019, seven executives at Gulfport Energy received on average a compensation package of $2.1M, a 4% increase compared to previous year.
David M. Wood, Chief Executive Officer, received $6.4M in total, which increased by 53,951% compared to 2018. 79% of Wood's compensation, or $5.1M, was in stock awards. Wood also received $521K in non-equity incentive plan, $783K in salary, as well as $36K in other compensation.
For fiscal year 2019, the median employee pay was $107,741 at Gulfport Energy. Therefore, the ratio of David M. Wood's pay to the median employee pay was 60 to one.
Michael Sluiter, Senior Vice President of Reservoir, received a compensation package of $2.3M. 70% of the compensation package, or $1.6M, was in stock awards.
Donnie Moore, Chief Operating Officer, earned $2M in 2019, a 15% decrease compared to previous year.
Patrick K. Craine, General Counsel, received $1.5M in 2019.
Stuart A. Maier, Former Senior Vice President of Geosciences, earned $1.4M in 2019, a 7% increase compared to previous year.
Keri Crowell, Chief Financial Officer, received $783K in 2019, which decreases by 55% compared to 2018.
Quentin R. Hicks, Chief Financial Officer, earned $436K in 2019.
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