TALOS ENERGY CEO Timothy Duncan's 2021 pay jumps 37% to $7.3M
TALOS ENERGY reports 2021 executive compensation
By ExecPay News
Published: April 6, 2022
TALOS ENERGY reported fiscal year 2021 executive compensation information on April 6, 2022.
In 2021, five executives at TALOS ENERGY received on average a compensation package of $3.6M, a 52% increase compared to previous year.
Average pay of disclosed executives at TALOS ENERGY
Timothy S. Duncan, Chief Executive Officer, received $7.3M in total, which increased by 37% compared to 2020. 70% of Duncan's compensation, or $5.1M, was in stock awards. Duncan also received $1.4M in non-equity incentive plan, $801K in salary, as well as $9.8K in other compensation.
For fiscal year 2021, the median employee pay was $175,392 at TALOS ENERGY. Therefore, the ratio of Timothy S. Duncan's pay to the median employee pay was 42 to one.
Shannon E. Young III, Chief Financial Officer, received a compensation package of $3.1M, which increased by 32% compared to previous year. 65% of the compensation package, or $2M, was in stock awards.
Robert D. Abendschein, Chief Operating Officer, earned $2.6M in 2021, a 37% increase compared to previous year.
John A. Parker, Executive Vice President of Exploration, received $2.6M in 2021, which increases by 31% compared to 2020.
William S. Moss III, General Counsel, earned $2.5M in 2021, a 31% increase compared to previous year.
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Source: SEC filing on April 6, 2022.