SM Energy Company CEO Javan Ottoson's 2019 pay slips 14% to $6M
SM Energy Company reports 2019 executive compensation
By ExecPay News
Published: April 14, 2022
SM Energy Company reported fiscal year 2019 executive compensation information on April 14, 2022.
In 2019, six executives at SM Energy Company received on average a compensation package of $2.7M, a 7% decrease compared to previous year.
Average pay of disclosed executives at SM Energy Company
Javan D. Ottoson, Chief Executive Officer, received $6M in total, which decreased by 14% compared to 2018. 58% of Ottoson's compensation, or $3.5M, was in stock awards. Ottoson also received $368K of change in pension value and nonqualified deferred compensation earnings, $1.2M in non-equity incentive plan, $873K in salary, as well as $143K in other compensation.
For fiscal year 2019, the median employee pay was $192,524 at SM Energy Company. Therefore, the ratio of Javan D. Ottoson's pay to the median employee pay was 31 to one.
Herbert S. Vogel, Chief Operating Officer, received a compensation package of $3.2M, which increased by 1% compared to previous year. 56% of the compensation package, or $1.8M, was in stock awards.
A. Wade Pursell, Chief Financial Officer, earned $2.7M in 2019, a 12% decrease compared to previous year.
David W. Copeland, General Counsel, received $1.6M in 2019, which decreases by 4% compared to 2018.
Lehman E. Newton III, Senior Vice President, Operations, earned $1.3M in 2019, a 6% increase compared to previous year.
Mary Ellen Lutey, Senior Vice President, Exploration, Development and EHS, received $1.3M in 2019, which increases by 6% compared to 2018.
Related executives
Mary Lutey
SM Energy Company
Senior Vice President, Exploration, Development and EHS
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
Lehman Newton
SM Energy Company
Senior Vice President, Operations
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Source: SEC filing on April 14, 2022.