Hornbeck Offshore Services CEO Todd Hornbeck's 2008 pay jumps 29% to $4.5M

Hornbeck Offshore Services reports 2008 executive compensation

By ExecPay News

Published: April 15, 2009

Hornbeck Offshore Services reported fiscal year 2008 executive compensation information on April 15, 2009.
In 2008, six executives at Hornbeck Offshore Services received on average a compensation package of $1.9M, a 16% increase compared to previous year.
Average pay of disclosed executives at Hornbeck Offshore Services
Todd M. Hornbeck, Chief Executive Officer, received $4.5M in total, which increased by 29% compared to 2007. 70% of Hornbeck's compensation, or $3.2M, was in stock awards. Hornbeck also received $690K in non-equity incentive plan, $575K in salary, as well as $70K in other compensation.
James O. Harp, Jr, Chief Financial Officer, received a compensation package of $2.2M, which increased by 49% compared to previous year. 64% of the compensation package, or $1.4M, was in stock awards.
Carl G. Annessa, Chief Operating Officer, earned $2.2M in 2008, a 41% increase compared to previous year.
Samuel A. Giberga, General Counsel, received $1.2M in 2008, which increases by 33% compared to 2007.
John S. Cook, Chief Investment Officer, earned $1.1M in 2008, a 34% increase compared to previous year.
Kimberly S. Patterson, Chief Human Resources Officer, received $288K in 2008.

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

Kimberly Patterson

Hornbeck Offshore Services

Chief Human Resources Officer

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Source: SEC filing on April 15, 2009.