Whiting Petroleum CEO Bradley Holly's 2018 pay rises 5% to $5.4M
Whiting Petroleum reports 2018 executive compensation
By ExecPay News
Published: March 19, 2019
Whiting Petroleum reported fiscal year 2018 executive compensation information on March 19, 2019.
In 2018, six executives at Whiting Petroleum received on average a compensation package of $3M, a 18% decrease compared to previous year.
Bradley J. Holly, Chief Executive Officer, received $5.4M in total, which increased by 5% compared to 2017. 65% of Holly's compensation, or $3.5M, was in stock awards. Holly also received $1.1M in non-equity incentive plan, $765K in salary, as well as $109K in other compensation.
For fiscal year 2018, the median employee pay was $117,606 at Whiting Petroleum. Therefore, the ratio of Bradley J. Holly's pay to the median employee pay was 46 to one.
Mark R. Williams, Senior Vice President, Exploration and Development, received a compensation package of $3.1M, which increased by 17% compared to previous year. 48% of the compensation package, or $1.5M, was in stock awards.
Michael J. Stevens, Chief Financial Officer, earned $2.8M in 2018, a 5% decrease compared to previous year.
Rick A. Ross, Senior Vice President, Operations, received $2.6M in 2018, which decreases by 5% compared to 2017.
Peter W. Hagist, Senior Vice President, Planning, earned $2M in 2018, a 3% decrease compared to previous year.
Bruce R. DeBoer, General Counsel, received $1.9M in 2018.
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Bradley Holly
Whiting Petroleum
Chief Executive Officer
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Chief Financial Officer
Rick Ross
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Peter Hagist
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Bruce DeBoer
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Chief Administrative Officer
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Whiting Petroleum