SILVERBOW RESOURCES CEO Sean Woolverton's 2020 pay rises 2% to $1.8M
SILVERBOW RESOURCES reports 2020 executive compensation
By ExecPay News
Published: March 31, 2021
SILVERBOW RESOURCES reported fiscal year 2020 executive compensation information on March 31, 2021.
In 2020, three executives at SILVERBOW RESOURCES received on average a compensation package of $1.2M, a 4% increase compared to previous year.
Sean C. Woolverton, Chief Executive Officer, received $1.8M in total, which increased by 2% compared to 2019. 44% of Woolverton's compensation, or $814K, was in non-equity incentive plan. Woolverton also received $590K in salary, $411K in stock awards, as well as $17K in other compensation.
For fiscal year 2020, the median employee pay was $145,712 at SILVERBOW RESOURCES. Therefore, the ratio of Sean C. Woolverton's pay to the median employee pay was 13 to one.
Steven W. Adam, Chief Operating Officer, received a compensation package of $1.1M, which decreased by 8% compared to previous year. 42% of the compensation package, or $447K, was in non-equity incentive plan.
Christopher M. Abundis, Chief Financial Officer, earned $846K in 2020, a 41% increase compared to previous year.