Vivakor CFO Tyler Nelson's 2023 pay falls 56% to $1.1M
Vivakor reports 2023 executive compensation
By ExecPay News
Published: December 5, 2024
Vivakor reported fiscal year 2023 executive compensation information on December 5, 2024.
In 2023, three Vivakor executives received on average a compensation package of $812K, a 39% decrease compared to previous year.
Average pay of disclosed executives at Vivakor
Tyler Nelson, Chief Financial Officer, received $1.1M in total, which decreased by 56% compared to 2022. 63% of Nelson's compensation, or $700K, was in bonus. Nelson also received $350K in salary and $58K in other compensation.
James Ballengee, Chief Executive Officer, received a compensation package of $1.1M, which increased by 505% compared to previous year. 93% of the compensation package, or $1M, was in salary.
Leslie D. Patterson, Executive Vice President, Operations & Construction, earned $250K in 2023.
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Source: SEC filing on December 5, 2024.