Halliburton Company Chairman David Lesar's 2018 pay falls 55% to $17M
Halliburton Company reports 2018 executive compensation
By ExecPay News
Published: April 2, 2019
Halliburton Company reported fiscal year 2018 executive compensation information on April 2, 2019.
In 2018, six executives at Halliburton Company received on average a compensation package of $9.9M, a 30% decrease compared to previous year.
Average pay of disclosed executives at Halliburton Company
David J. Lesar, Chairman, received $17M in total, which decreased by 55% compared to 2017. 75% of Lesar's compensation, or $13M, was in non-equity incentive plan. Lesar also received $2M in bonus, $267K of change in pension value and nonqualified deferred compensation earnings, $1M in salary, as well as $1.1M in other compensation.
For fiscal year 2018, the median employee pay was $88,244 at Halliburton Company. Therefore, the ratio of David J. Lesar's pay to the median employee pay was 198 to one.
Jeffrey A. Miller, Chief Executive Officer, received a compensation package of $17M, which decreased by 26% compared to previous year. 57% of the compensation package, or $9.6M, was in non-equity incentive plan.
Joe D. Rainey, President – Eastern Hemisphere, earned $11M in 2018, a 22% decrease compared to previous year.
James S. Brown, Former President – Western Hemisphere, received $8.3M in 2018, which decreases by 41% compared to 2017.
Christopher T. Weber, Chief Financial Officer, earned $3.2M in 2018, a 33% decrease compared to previous year.
Lance Loeffler, Chief Financial Officer, received $2.6M in 2018.
Related executives
Jeffrey Miller
Halliburton Company
Chief Executive Officer
Lance Loeffler
Halliburton Company
Chief Financial Officer
James Brown
Halliburton Company
Former President – Western Hemisphere
Joe Rainey
Halliburton Company
President – Eastern Hemisphere
David Lesar
Halliburton Company
Chairman
Christopher Weber
Halliburton Company
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Source: SEC filing on April 2, 2019.