Hornbeck Offshore Services CEO Todd Hornbeck's 2007 pay jumps 70% to $3.5M
Hornbeck Offshore Services reports 2007 executive compensation
By ExecPay News
Published: April 15, 2008
Hornbeck Offshore Services reported fiscal year 2007 executive compensation information on April 15, 2008.
In 2007, five executives at Hornbeck Offshore Services received on average a compensation package of $1.7M, a 58% increase compared to previous year.
Average pay of disclosed executives at Hornbeck Offshore Services
Todd M. Hornbeck, Chief Executive Officer, received $3.5M in total, which increased by 70% compared to 2006. 56% of Hornbeck's compensation, or $1.9M, was in stock awards. Hornbeck also received $50K in bonus, $950K in non-equity incentive plan, $500K in salary, as well as $55K in other compensation.
Carl G. Annessa, Chief Operating Officer, received a compensation package of $1.6M, which increased by 52% compared to previous year. 45% of the compensation package, or $705K, was in stock awards.
James O. Harp, Jr, Chief Financial Officer, earned $1.5M in 2007, a 51% increase compared to previous year.
Samuel A. Giberga, General Counsel, received $896K in 2007, which increases by 48% compared to 2006.
John S. Cook, Chief Investment Officer, earned $807K in 2007, a 50% increase compared to previous year.
Related executives
Todd Hornbeck
Hornbeck Offshore Services
Chief Executive Officer
Carl Annessa
Hornbeck Offshore Services
Chief Operating Officer
James Harp
Hornbeck Offshore Services
Chief Financial Officer
Samuel Giberga
Hornbeck Offshore Services
General Counsel
John Cook
Hornbeck Offshore Services
Chief Investment Officer
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Source: SEC filing on April 15, 2008.