ProPetro Holding Corp. CEO Phillip Gobe's 2020 pay jumps 613% to $5.1M
ProPetro Holding Corp. reports 2020 executive compensation
By ExecPay News
Published: March 26, 2021
ProPetro Holding Corp. reported fiscal year 2020 executive compensation information on March 26, 2021.
In 2020, eight executives at ProPetro Holding Corp. received on average a compensation package of $2.5M, a 32% increase compared to previous year.
Average pay of disclosed executives at ProPetro Holding Corp.
Phillip A. Gobe, Chief Executive Officer, received $5.1M in total, which increased by 613% compared to 2019. 75% of Gobe's compensation, or $3.8M, was in stock awards. Gobe also received $596K in non-equity incentive plan, $676K in salary, as well as $15K in other compensation.
David Sledge, Chief Operating Officer, received a compensation package of $3.8M, which increased by 52% compared to previous year. 43% of the compensation package, or $1.6M, was in stock awards.
Dale Redman, Chief Executive Officer, earned $3.4M in 2020, a 41% decrease compared to previous year.
Darin G. Holderness, Chief Financial Officer, received $2.5M in 2020, which increases by 270% compared to 2019.
Adam Muñoz, Chief Operating Officer, earned $1.5M in 2020.
Jeffrey D. Smith, Chief Administrative Officer, received $1.5M in 2020, which decreases by 29% compared to 2019.
Newton W. "Trey" Wilson III, General Counsel, earned $1.4M in 2020, a 186% increase compared to previous year.
David S. Schorlemer, Chief Financial Officer, received $743K in 2020.
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Phillip Gobe
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Dale Redman
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Darin Holderness
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David Schorlemer
ProPetro Holding Corp.
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Jeffrey Smith
ProPetro Holding Corp.
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David Sledge
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Adam Muñoz
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Source: SEC filing on March 26, 2021.