Nabors Industries CEO Anthony Petrello's 2018 pay rises 4% to $15M
Nabors Industries reports 2018 executive compensation
By ExecPay News
Published: April 25, 2019
Nabors Industries reported fiscal year 2018 executive compensation information on April 25, 2019.
In 2018, three executives at Nabors Industries received on average a compensation package of $6.3M, a 4% increase compared to previous year.
Average pay of disclosed executives at Nabors Industries
Anthony G. Petrello, Chief Executive Officer, received $15M in total, which increased by 4% compared to 2017. 67% of Petrello's compensation, or $9.9M, was in stock awards. Petrello also received $110K of change in pension value and nonqualified deferred compensation earnings, $1.7M in non-equity incentive plan, $1.8M in salary, as well as $1.3M in other compensation.
William J. Restrepo, Chief Financial Officer, received a compensation package of $3.9M, which increased by 3% compared to previous year. 54% of the compensation package, or $2.1M, was in stock awards.
Mark D. Andrews, Secretary, earned $438K in 2018, a 9% decrease compared to previous year.
Related executives
You may also like
Source: SEC filing on April 25, 2019.