SM Energy Company CEO Javan Ottoson's 2018 pay slips 11% to $7M
SM Energy Company reports 2018 executive compensation
By ExecPay News
Published: April 15, 2019
SM Energy Company reported fiscal year 2018 executive compensation information on April 15, 2019.
In 2018, six executives at SM Energy Company received on average a compensation package of $2.9M, a 10% decrease compared to previous year.
Average pay of disclosed executives at SM Energy Company
Javan D. Ottoson, Chief Executive Officer, received $7M in total, which decreased by 11% compared to 2017. 69% of Ottoson's compensation, or $4.8M, was in stock awards. Ottoson also received $135K of change in pension value and nonqualified deferred compensation earnings, $1M in non-equity incentive plan, $846K in salary, as well as $172K in other compensation.
For fiscal year 2018, the median employee pay was $150,799 at SM Energy Company. Therefore, the ratio of Javan D. Ottoson's pay to the median employee pay was 46 to one.
Herbert S. Vogel, Executive Vice President, Operations, received a compensation package of $3.1M, which decreased by 14% compared to previous year. 64% of the compensation package, or $2M, was in stock awards.
A. Wade Pursell, Chief Financial Officer, earned $3M in 2018, a 7% decrease compared to previous year.
David W. Copeland, General Counsel, received $1.7M in 2018, which increases by 1% compared to 2017.
Lehman E. Newton III, Senior Vice President, Operations, earned $1.2M in 2018, a 12% decrease compared to previous year.
Mary Ellen Lutey, Sr. Vice President and Regional Manager, received $1.2M in 2018.
Related executives
Javan Ottoson
SM Energy Company
Chief Executive Officer
A Pursell
SM Energy Company
Chief Financial Officer
Herbert Vogel
SM Energy Company
Chief Executive Officer
David Copeland
SM Energy Company
General Counsel
Mary Lutey
SM Energy Company
Senior Vice President, Exploration, Development and EHS
Lehman Newton
SM Energy Company
Senior Vice President, Operations
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Source: SEC filing on April 15, 2019.