W&T Offshore CEO Tracy Krohn's 2019 pay slips 16% to $5.3M
W&T Offshore reports 2019 executive compensation
By ExecPay News
Published: March 26, 2020
W&T Offshore reported fiscal year 2019 executive compensation information on March 26, 2020.
In 2019, five executives at W&T Offshore received on average a compensation package of $1.9M, a 7% decrease compared to previous year.
Average pay of disclosed executives at W&T Offshore
Tracy W. Krohn, Chief Executive Officer, received $5.3M in total, which decreased by 16% compared to 2018. 38% of Krohn's compensation, or $2M, was in non-equity incentive plan. Krohn also received $1M in salary, $1.3M in stock awards, as well as $1M in other compensation.
For fiscal year 2019, the median employee pay was $143,032 at W&T Offshore. Therefore, the ratio of Tracy W. Krohn's pay to the median employee pay was 37 to one.
Stephen L. Schroeder, Senior Vice President and Chief Technical Officer, received a compensation package of $1M, which increased by 7% compared to previous year. 47% of the compensation package, or $482K, was in non-equity incentive plan.
William J. Williford, Executive Vice President and General Manager of Gulf of Mexico, earned $1M in 2019, a 4% increase compared to previous year.
Janet Yang, Chief Financial Officer, received $1M in 2019, which increases by 37% compared to 2018.
Shahid A. Ghauri, General Counsel, earned $887K in 2019, a 5% decrease compared to previous year.
Related executives
Tracy Krohn
W&T Offshore
Chief Executive Officer
Janet Yang
W&T Offshore
Chief Financial Officer
Stephen Schroeder
W&T Offshore
Senior Vice President and Chief Technical Officer
Shahid Ghauri
W&T Offshore
General Counsel
William Williford
W&T Offshore
Executive Vice President and General Manager of Gulf of Mexico
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Source: SEC filing on March 26, 2020.