Hornbeck Offshore Services CEO Todd Hornbeck's 2009 pay falls 53% to $2.1M

Hornbeck Offshore Services reports 2009 executive compensation

By ExecPay News

Published: April 30, 2010

Hornbeck Offshore Services reported fiscal year 2009 executive compensation information on April 30, 2010.
In 2009, six executives at Hornbeck Offshore Services received on average a compensation package of $1M, a 46% decrease compared to previous year.
Average pay of disclosed executives at Hornbeck Offshore Services
Todd M. Hornbeck, Chief Executive Officer, received $2.1M in total, which decreased by 53% compared to 2008. 58% of Hornbeck's compensation, or $1.2M, was in stock awards. Hornbeck also received $288K in non-equity incentive plan, $575K in salary, as well as $47K in other compensation.
James O. Harp, Jr, Chief Financial Officer, received a compensation package of $1.1M, which decreased by 50% compared to previous year. 49% of the compensation package, or $544K, was in stock awards.
Carl G. Annessa, Chief Operating Officer, earned $1.1M in 2009, a 51% decrease compared to previous year.
Samuel A. Giberga, General Counsel, received $660K in 2009, which decreases by 44% compared to 2008.
John S. Cook, Chief Investment Officer, earned $599K in 2009, a 45% decrease compared to previous year.
Kimberly S. Patterson, Chief Human Resources Officer, received $585K in 2009, which increases by 104% compared to 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 30, 2010.