National Oilwell Varco CEO Merrill Miller receives $4.9M in 2006

National Oilwell Varco reports 2006 executive compensation

By ExecPay News

Published: April 25, 2007

National Oilwell Varco reported fiscal year 2006 executive compensation information on April 25, 2007.
In 2006, six executives at National Oilwell Varco received on average a compensation package of $2.1M.
Average pay of disclosed executives at National Oilwell Varco
Merrill A Miller, Jr, Chief Executive Officer, received $4.9M in total. 51% of Miller's compensation, or $2.5M, was in option awards. Miller also received $1.6M in non-equity incentive plan, $800K in salary, as well as $37K in other compensation.
Clay C. Williams, Chief Financial Officer, received a compensation package of $1.8M. 45% of the compensation package, or $800K, was in non-equity incentive plan.
Mark A. Reese, Group President, earned $1.5M in 2006.
Kevin A Neveu, Group President, received $1.5M in 2006.
Dwight W. Rettig, General Counsel, earned $1.4M in 2006.
Haynes B. Smith, Group President, received $1.3M in 2006.

Related executives

Kevin Neveu

National Oilwell Varco

Group President

Haynes Smith

National Oilwell Varco

Group President

Merrill Miller

National Oilwell Varco

Chief Executive Officer

Clay Williams

National Oilwell Varco

Chief Financial Officer

Dwight Rettig

National Oilwell Varco

General Counsel

Mark Reese

National Oilwell Varco

Group President

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Source: SEC filing on April 25, 2007.