XTO ENERGY Founder Bob Simpson receives $52M in 2006
XTO ENERGY reports 2006 executive compensation
By ExecPay News
Published: April 13, 2007
XTO ENERGY reported fiscal year 2006 executive compensation information on April 13, 2007.
In 2006, five XTO ENERGY executives received on average a compensation package of $16M.
Bob R. Simpson, Founder, received $52M in total. 59% of Simpson's compensation, or $31M, was in bonus. Simpson also received $20M in option awards, $1.2M in salary, as well as $330K in other compensation.
Keith A. Hutton, Chief Executive Officer, received a compensation package of $14M. 70% of the compensation package, or $9.7M, was in option awards.
Vaughn O. Vennerberg II, Director and President, earned $11M in 2006.
Louis G. Baldwin, Chief Financial Officer, received $2.2M in 2006.
Timothy L. Petrus, Executive Vice President, Acquisitions, earned $2.2M in 2006.