PDC Energy CEO Barton Brookman's 2021 pay jumps 25% to $9.8M
PDC Energy reports 2021 executive compensation
By ExecPay News
Published: April 13, 2022
PDC Energy reported fiscal year 2021 executive compensation information on April 13, 2022.
In 2021, five PDC Energy executives received on average a compensation package of $4.6M, a 25% increase compared to previous year.
Average pay of disclosed executives at PDC Energy
Barton R. Brookman, Chief Executive Officer, received $9.8M in total, which increased by 25% compared to 2020. 75% of Brookman's compensation, or $7.4M, was in stock awards. Brookman also received $2K in bonus, $1.6M in non-equity incentive plan, $850K in salary, as well as $57K in other compensation.
For fiscal year 2021, the median employee pay was $149,294 at PDC Energy. Therefore, the ratio of Barton R. Brookman's pay to the median employee pay was 66 to one.
R. Scott Meyers, Chief Financial Officer, received a compensation package of $4M, which increased by 30% compared to previous year. 70% of the compensation package, or $2.8M, was in stock awards.
Lance A. Lauck, Executive Vice President, Corp. Dev. and Strategy, earned $3.9M in 2021, a 24% increase compared to previous year.
Nicole L. Martinet, General Counsel, received $2.9M in 2021, which increases by 36% compared to 2020.
David J. Lillo, Senior Vice President, Operations, earned $2.6M in 2021, a 176% increase compared to previous year.
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Source: SEC filing on April 13, 2022.