QEP Resources CEO Charles Stanley's 2019 pay jumps 150% to $17M
QEP Resources reports 2019 executive compensation
By ExecPay News
Published: April 2, 2020
QEP Resources reported fiscal year 2019 executive compensation information on April 2, 2020.
In 2019, seven executives at QEP Resources received on average a compensation package of $6.8M, a 86% increase compared to previous year.
Average pay of disclosed executives at QEP Resources
Charles B. Stanley, Chief Executive Officer, received $17M in total, which increased by 150% compared to 2018. 51% of Stanley's compensation, or $8.6M, was in stock awards. Stanley also received $1.9M of change in pension value and nonqualified deferred compensation earnings, $393K in option awards, $159K in salary, as well as $5.8M in other compensation.
For fiscal year 2019, the median employee pay was $211,619 at QEP Resources. Therefore, the ratio of Charles B. Stanley's pay to the median employee pay was 80 to one.
Richard J. Doleshek, Chief Financial Officer, received a compensation package of $9.2M, which increased by 132% compared to previous year. 48% of the compensation package, or $4.4M, was in stock awards.
Jim E. Torgerson, Former Executive Vice President, QEP Energy, earned $6.3M in 2019, a 93% increase compared to previous year.
Timothy J. Cutt, Chief Executive Officer, received $6M in 2019.
Jeffery R. Tommerup, Former Senior Vice President, Northern Region & HSE, earned $3.6M in 2019.
Christopher K. Woosley, General Counsel, received $3.1M in 2019, which increases by 52% compared to 2018.
Joseph T. Redman, Vice President, Energy, earned $2.7M in 2019.
Related executives
Timothy Cutt
QEP Resources
Chief Executive Officer
Richard Doleshek
QEP Resources
Chief Financial Officer
Christopher Woosley
QEP Resources
General Counsel
Joseph Redman
QEP Resources
Vice President, Energy
Charles Stanley
QEP Resources
Chief Executive Officer
Jim Torgerson
QEP Resources
Former Executive Vice President, QEP Energy
Jeffery Tommerup
QEP Resources
Former Senior Vice President, Northern Region & HSE
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Source: SEC filing on April 2, 2020.