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.
Average pay of disclosed executives at Whiting Petroleum
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.

Related executives

Bradley Holly

Whiting Petroleum

Chief Executive Officer

Michael Stevens

Whiting Petroleum

Chief Financial Officer

Rick Ross

Whiting Petroleum

Senior Vice President, Operations

Peter Hagist

Whiting Petroleum

Senior Vice President, Planning

Bruce DeBoer

Whiting Petroleum

Chief Administrative Officer

Mark Williams

Whiting Petroleum

Senior Vice President, Exploration and Development

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Source: SEC filing on March 19, 2019.