W&T Offshore CEO Tracy Krohn's 2020 pay falls 74% to $1.4M
W&T Offshore reports 2020 executive compensation
By ExecPay News
Published: March 25, 2021
W&T Offshore reported fiscal year 2020 executive compensation information on March 25, 2021.
In 2020, five executives at W&T Offshore received on average a compensation package of $600K, a 68% decrease compared to previous year.
Average pay of disclosed executives at W&T Offshore
Tracy W. Krohn, Chief Executive Officer, received $1.4M in total, which decreased by 74% compared to 2019. 71% of Krohn's compensation, or $1M, was in salary. Krohn also received $405K in other compensation.
For fiscal year 2020, the median employee pay was $139,738 at W&T Offshore. Therefore, the ratio of Tracy W. Krohn's pay to the median employee pay was 10 to one.
Janet Yang, Chief Financial Officer, received a compensation package of $417K, which decreased by 58% compared to previous year. 96% of the compensation package, or $400K, was in salary.
William J. Williford, Executive Vice President and General Manager of Gulf of Mexico, earned $417K in 2020, a 59% decrease compared to previous year.
Stephen L. Schroeder, Senior Vice President and Chief Technical Officer, received $405K in 2020, which decreases by 61% compared to 2019.
Shahid A. Ghauri, General Counsel, earned $357K in 2020, a 60% 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
William Williford
W&T Offshore
Executive Vice President and General Manager of Gulf of Mexico
Shahid Ghauri
W&T Offshore
General Counsel
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Source: SEC filing on March 25, 2021.