SILVERBOW RESOURCES CEO Sean Woolverton's 2021 pay jumps 83% to $3.4M
SILVERBOW RESOURCES reports 2021 executive compensation
By ExecPay News
Published: March 29, 2022
SILVERBOW RESOURCES reported fiscal year 2021 executive compensation information on March 29, 2022.
In 2021, three executives at SILVERBOW RESOURCES received on average a compensation package of $2.2M, a 77% increase compared to previous year.
Average pay of disclosed executives at SILVERBOW RESOURCES
Sean C. Woolverton, Chief Executive Officer, received $3.4M in total, which increased by 83% compared to 2020. 36% of Woolverton's compensation, or $1.2M, was in stock awards. Woolverton also received $378K in bonus, $1.2M in non-equity incentive plan, $590K in salary, as well as $19K in other compensation.
For fiscal year 2021, the median employee pay was $154,333 at SILVERBOW RESOURCES. Therefore, the ratio of Sean C. Woolverton's pay to the median employee pay was 22 to one.
Steven W. Adam, Chief Operating Officer, received a compensation package of $1.8M, which increased by 73% compared to previous year. 38% of the compensation package, or $703K, was in non-equity incentive plan.
Christopher M. Abundis, Chief Financial Officer, earned $1.4M in 2021, a 69% increase compared to previous year.
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Source: SEC filing on March 29, 2022.