SILVERBOW RESOURCES CEO Sean Woolverton's 2018 pay slips 10% to $4M
SILVERBOW RESOURCES reports 2018 executive compensation
By ExecPay News
Published: April 15, 2019
SILVERBOW RESOURCES reported fiscal year 2018 executive compensation information on April 15, 2019.
In 2018, four executives at SILVERBOW RESOURCES received on average a compensation package of $2.5M, a 17% increase compared to previous year.
Average pay of disclosed executives at SILVERBOW RESOURCES
Sean C. Woolverton, Chief Executive Officer, received $4M in total, which decreased by 10% compared to 2017. 45% of Woolverton's compensation, or $1.8M, was in option awards. Woolverton also received $591K in non-equity incentive plan, $564K in salary, $1M in stock awards, as well as $18K in other compensation.
For fiscal year 2018, the median employee pay was $122,822 at SILVERBOW RESOURCES. Therefore, the ratio of Sean C. Woolverton's pay to the median employee pay was 33 to one.
Steven W. Adam, Chief Operating Officer, received a compensation package of $2M, which increased by 10% compared to previous year. 32% of the compensation package, or $631K, was in option awards.
G. Gleeson Van Riet, Chief Financial Officer, earned $1.9M in 2018, a 20% decrease compared to previous year.
Christopher M. Abundis, General Counsel, received $1.9M in 2018, which increases by 48% compared to 2017.
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Source: SEC filing on April 15, 2019.