Newpark Resources CEO Paul Howes' 2019 pay slips 10% to $2.9M
Newpark Resources reports 2019 executive compensation
By ExecPay News
Published: April 8, 2020
Newpark Resources reported fiscal year 2019 executive compensation information on April 8, 2020.
In 2019, five executives at Newpark Resources received on average a compensation package of $1.5M, a 8% decrease compared to previous year.
Average pay of disclosed executives at Newpark Resources
Paul L. Howes, Chief Executive Officer, received $2.9M in total, which decreased by 10% compared to 2018. 52% of Howes' compensation, or $1.5M, was in stock awards. Howes also received $433K in bonus, $80K in non-equity incentive plan, $821K in salary, as well as $34K in other compensation.
For fiscal year 2019, the median employee pay was $55,770 at Newpark Resources. Therefore, the ratio of Paul L. Howes' pay to the median employee pay was 51 to one.
Matthew S. Lanigan, Vice President and President, Mats & Integrated Services, received a compensation package of $1.2M, which decreased by 24% compared to previous year. 34% of the compensation package, or $414K, was in salary.
Gregg S. Piontek, Chief Financial Officer, earned $1.2M in 2019, a 49% decrease compared to previous year.
David A. Paterson, Vice President and President, Fluids Systems, received $1.1M in 2019.
E. Chipman Earle, Chief Administrative Officer, earned $1M in 2019, a 31% increase compared to previous year.
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Source: SEC filing on April 8, 2020.