UNIT CORP CEO Larry Pinkston's 2008 pay rises 8% to $2.1M
UNIT CORP reports 2008 executive compensation
By ExecPay News
Published: March 20, 2009
UNIT CORP reported fiscal year 2008 executive compensation information on March 20, 2009.
In 2008, five UNIT CORP executives received on average a compensation package of $1.1M, a 11% increase compared to previous year.
Average pay of disclosed executives at UNIT CORP
Larry D. Pinkston, Chief Executive Officer, received $2.1M in total, which increased by 8% compared to 2007. 40% of Pinkston's compensation, or $859K, was in option awards. Pinkston also received $600K in salary, $654K in stock awards, as well as $24K in other compensation.
Mark E. Schell, General Counsel, received a compensation package of $921K, which increased by 14% compared to previous year. 34% of the compensation package, or $310K, was in option awards.
David T. Merrill, Chief Financial Officer, earned $856K in 2008, a 17% increase compared to previous year.
John Cromling, Executive V.P, received $721K in 2008, which increases by 16% compared to 2007.
Bradford J. Guidry, Sr. V.P Exploration, earned $713K in 2008, a 8% increase compared to previous year.
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Source: SEC filing on March 20, 2009.