Magnolia Oil & Gas Corp CFO Christopher Stavros' 2019 pay falls 51% to $2.5M
Magnolia Oil & Gas Corp reports 2019 executive compensation
By ExecPay News
Published: March 20, 2020
Magnolia Oil & Gas Corp reported fiscal year 2019 executive compensation information on March 20, 2020.
In 2019, four executives at Magnolia Oil & Gas Corp received on average a compensation package of $1.5M, a 49% decrease compared to previous year.
Average pay of disclosed executives at Magnolia Oil & Gas Corp
Christopher G. Stavros, Chief Financial Officer, received $2.5M in total, which decreased by 51% compared to 2018. 67% of Stavros' compensation, or $1.6M, was in stock awards. Stavros also received $291K in non-equity incentive plan, $512K in salary, as well as $22K in other compensation.
Timothy D. Yang, General Counsel, received a compensation package of $2.2M, which decreased by 55% compared to previous year. 67% of the compensation package, or $1.4M, was in stock awards.
Steve F. Millican, Senior Vice President, Operations, earned $1.3M in 2019, a 39% decrease compared to previous year.
Stephen I. Chazen, Chief Executive Officer, received $270K in 2019, which increases by 144% compared to 2018.
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Source: SEC filing on March 20, 2020.