J. Larry Nichols
2009
In 2009, J. Larry Nichols earned a total compensation of $16.2M as Executive Chairman at Devon Energy, a 19% decrease compared to previous year.
Compensation breakdown
| Bonus | $2,100,600 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,034,772 |
| Option Awards | $5,761,447 |
| Salary | $1,400,000 |
| Stock Awards | $5,582,500 |
| Other | $323,241 |
| Total | $16,202,560 |
Nichols received $5.8M in option awards, accounting for 36% of the total pay in 2009.
Nichols also received $2.1M in bonus, $1M of change in pension value and nonqualified deferred compensation earnings, $1.4M in salary, $5.6M in stock awards and $323.2K in other compensation.
Rankings
In 2009, J. Larry Nichols' compensation ranked 86th out of 9,885 executives tracked by ExecPay. In other words, Nichols earned more than 99.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 86 out of 9,885 | 99th |
Division Mining | 6 out of 426 | 99th |
Major group Oil And Gas Extraction | 4 out of 319 | 99th |
Industry group Crude Petroleum And Natural Gas | 3 out of 210 | 99th |
Industry Crude Petroleum and Natural Gas | 3 out of 210 | 99th |
Source: SEC filing on April 28, 2010.
Nichols' colleagues
We found five more compensation records of executives who worked with J. Larry Nichols at Devon Energy in 2009.