HighPeak Energy CEO Jack Hightower's 2022 pay falls 52% to $11M
HighPeak Energy reports 2022 executive compensation
By ExecPay News
Published: April 19, 2023
HighPeak Energy reported fiscal year 2022 executive compensation information on April 19, 2023.
In 2022, three executives at HighPeak Energy received on average a compensation package of $5.7M, a 37% decrease compared to previous year.
Jack Hightower, Chief Executive Officer, received $11M in total, which decreased by 52% compared to 2021. 73% of Hightower's compensation, or $8.1M, was in option awards. Hightower also received $995K in bonus, $1.3M in salary, as well as $652K in other compensation.
Michael L. Hollis, President, received a compensation package of $4.3M, which increased by 37% compared to previous year. 58% of the compensation package, or $2.5M, was in option awards.
Rodney L. Woodard, Chief Operating Officer, earned $1.6M in 2022, a 131% increase compared to previous year.