Murphy Oil CEO Roger Jenkins' 2021 pay slips 14% to $11M
Murphy Oil reports 2021 executive compensation
By ExecPay News
Published: March 25, 2022
Murphy Oil reported fiscal year 2021 executive compensation information on March 25, 2022.
In 2021, five Murphy Oil executives received on average a compensation package of $4.8M, a 11% decrease compared to previous year.
Average pay of disclosed executives at Murphy Oil
Roger W. Jenkins, Chief Executive Officer, received $11M in total, which decreased by 14% compared to 2020. 66% of Jenkins' compensation, or $7.5M, was in stock awards. Jenkins also received $478K of change in pension value and nonqualified deferred compensation earnings, $2M in non-equity incentive plan, $989K in salary, as well as $414K in other compensation.
For fiscal year 2021, the median employee pay was $170,735 at Murphy Oil. Therefore, the ratio of Roger W. Jenkins' pay to the median employee pay was 67 to one.
David R. Looney, Chief Financial Officer, received a compensation package of $4.2M, which increased by 19% compared to previous year. 63% of the compensation package, or $2.6M, was in stock awards.
Eric M. Hambly, Executive Vice President, earned $4M in 2021, a 23% increase compared to previous year.
E. Ted Botner, General Counsel, received $2.2M in 2021, which increases by 17% compared to 2020.
Thomas J. Mireles, Senior Vice President, earned $2.1M in 2021, a 23% increase compared to previous year.
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Source: SEC filing on March 25, 2022.