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.
Average pay of disclosed executives at SM Energy Company
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

Senior Vice President, Operations

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Source: SEC filing on April 14, 2022.