SM Energy Company CEO Herbert Vogel's 2021 pay jumps 85% to $4.3M
SM Energy Company reports 2021 executive compensation
By ExecPay News
Published: April 14, 2022
SM Energy Company reported fiscal year 2021 executive compensation information on April 14, 2022.
In 2021, five executives at SM Energy Company received on average a compensation package of $2.2M, a 60% increase compared to previous year.
Herbert S. Vogel, Chief Executive Officer, received $4.3M in total, which increased by 85% compared to 2020. 40% of Vogel's compensation, or $1.7M, was in non-equity incentive plan. Vogel also received $246K of change in pension value and nonqualified deferred compensation earnings, $715K in salary, $1.6M in stock awards, as well as $17K in other compensation.
For fiscal year 2021, the median employee pay was $188,989 at SM Energy Company. Therefore, the ratio of Herbert S. Vogel's pay to the median employee pay was 23 to one.
A. Wade Pursell, Chief Financial Officer, received a compensation package of $2.4M, which increased by 59% compared to previous year. 41% of the compensation package, or $1M, was in stock awards.
David W. Copeland, General Counsel, earned $1.7M in 2021, a 68% increase compared to previous year.
Lehman E. Newton III, Senior Vice President, Operations, received $1.2M in 2021, which increases by 55% compared to 2020.
Mary Ellen Lutey, Senior Vice President, Exploration, Development and EHS, earned $1.2M in 2021, a 5% increase compared to previous year.
Related executives
Herbert Vogel
SM Energy Company
Chief Executive Officer
A Pursell
SM Energy Company
Chief Financial 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