Newpark Resources CEO Paul Howes' 2018 pay slips 15% to $3.2M

Newpark Resources reports 2018 executive compensation

By ExecPay News

Published: April 4, 2019

Newpark Resources reported fiscal year 2018 executive compensation information on April 4, 2019.
In 2018, seven executives at Newpark Resources received on average a compensation package of $1.6M, a 5% decrease compared to previous year.
Average pay of disclosed executives at Newpark Resources
Paul L. Howes, Chief Executive Officer, received $3.2M in total, which decreased by 15% compared to 2017. 43% of Howes' compensation, or $1.4M, was in stock awards. Howes also received $206K in bonus, $794K in non-equity incentive plan, $788K in salary, as well as $37K in other compensation.
For fiscal year 2018, the median employee pay was $54,827 at Newpark Resources. Therefore, the ratio of Paul L. Howes' pay to the median employee pay was 58 to one.
Gregg S. Piontek, Chief Financial Officer, received a compensation package of $2.3M, which increased by 97% compared to previous year. 65% of the compensation package, or $1.5M, was in stock awards.
Phillip T. Vollands, Former Vice President and President, Fluids Systems, earned $1.9M in 2018.
Matthew S. Lanigan, Vice President and President, Mats & Integrated Services, received $1.6M in 2018, which increases by 38% compared to 2017.
Bruce C. Smith, Executive Vice President and President, Fluids Systems, earned $776K in 2018, a 26% decrease compared to previous year.
E. Chipman Earle, Chief Administrative Officer, received $762K in 2018.
Mark J. Airola, Chief Administrative Officer, earned $596K in 2018, a 51% decrease compared to previous year.

Related executives

Paul Howes

Newpark Resources

Chief Executive Officer

Gregg Piontek

Newpark Resources

Chief Financial Officer

Matthew Lanigan

Newpark Resources

Chief Operating Officer

Bruce Smith

Newpark Resources

Executive Vice President and President, Fluids Systems

E Earle

Newpark Resources

Chief Administrative Officer

Phillip Vollands

Newpark Resources

Former Vice President and President, Fluids Systems

Mark Airola

Newpark Resources

Chief Administrative Officer

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Source: SEC filing on April 4, 2019.