NEXTIER OILFIELD SOLUTIONS CEO Robert Drummond receives $7.8M in 2018
NEXTIER OILFIELD SOLUTIONS reports 2018 executive compensation
By ExecPay News
Published: April 1, 2019
NEXTIER OILFIELD SOLUTIONS reported fiscal year 2018 executive compensation information on April 1, 2019.
In 2018, six executives at NEXTIER OILFIELD SOLUTIONS received on average a compensation package of $4.1M, a 21% decrease compared to previous year.
Average pay of disclosed executives at NEXTIER OILFIELD SOLUTIONS
Robert W. Drummond, Chief Executive Officer, received $7.8M in total. 74% of Drummond's compensation, or $5.8M, was in stock awards. Drummond also received $800K in bonus, $885K in non-equity incentive plan, $292K in salary, as well as $7.5K in other compensation.
James C. Stewart, Chairman, received a compensation package of $6.4M, which decreased by 50% compared to previous year. 44% of the compensation package, or $2.8M, was in stock awards.
Gregory L. Powell, Chief Financial Officer, earned $4.9M in 2018, a 53% decrease compared to previous year.
Kevin M. McDonald, Secretary, received $2.1M in 2018, which decreases by 19% compared to 2017.
M. Paul DeBonis Jr, Chairman, earned $1.9M in 2018, a 51% decrease compared to previous year.
Ian J. Henkes, Senior Vice President - Operations, received $1.4M in 2018, which decreases by 2% compared to 2017.
Related executives
James Stewart
NEXTIER OILFIELD SOLUTIONS
Chairman
Robert Drummond
NEXTIER OILFIELD SOLUTIONS
Chief Executive Officer
Gregory Powell
NEXTIER OILFIELD SOLUTIONS
Executive Vice President and Chief Integration Officer
M DeBonis
NEXTIER OILFIELD SOLUTIONS
Chairman
Kevin McDonald
NEXTIER OILFIELD SOLUTIONS
Chief Administrative Officer
Ian Henkes
NEXTIER OILFIELD SOLUTIONS
Senior Vice President, Operations
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Source: SEC filing on April 1, 2019.