Tengasco CEO Michael Rugen's 2019 pay rises 7% to $244K
Tengasco reports 2019 executive compensation
By ExecPay News
Published: October 30, 2020
Tengasco reported fiscal year 2019 executive compensation information on October 30, 2020.
In 2019, two Tengasco executives received on average a compensation package of $169K, a 6% increase compared to previous year.
Michael J. Rugen, Chief Executive Officer, received $244K in total, which increased by 7% compared to 2018. 82% of Rugen's compensation, or $200K, was in salary. Rugen also received $24K in bonus, $12K in stock awards, as well as $8.1K in other compensation.
Cary V. Sorensen, General Counsel, received a compensation package of $95K, which increased by 5% compared to previous year. 96% of the compensation package, or $91K, was in salary.