Jeremy D. Thigpen
2019
In 2019, Jeremy D. Thigpen earned a total compensation of $9.9M as President and Chief Executive Officer at Transocean, a 16% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,775,000 |
|---|---|
| Option Awards | $1,762,964 |
| Salary | $1,000,000 |
| Stock Awards | $5,183,471 |
| Other | $215,517 |
| Total | $9,936,952 |
Thigpen received $5.2M in stock awards, accounting for 52% of the total pay in 2019.
Thigpen also received $1.8M in non-equity incentive plan, $1.8M in option awards, $1M in salary and $215.5K in other compensation.
Rankings
In 2019, Jeremy D. Thigpen's compensation ranked 757th out of 13,971 executives tracked by ExecPay. In other words, Thigpen earned more than 94.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 757 out of 13,971 | 95th |
Division Mining | 22 out of 514 | 96th |
Major group Oil And Gas Extraction | 21 out of 384 | 95th |
Industry group Oil And Gas Field Services | 4 out of 119 | 97th |
Industry Drilling Oil and Gas Wells | 3 out of 37 | 92nd |
Pay ratio
| Jeremy D. Thigpen's Pay | $9,936,952 |
|---|---|
| Median Employee's Pay | $129,485 |
| Pay Ratio | 77to 1 |
In 2019, the annual total compensation of Jeremy D. Thigpen was $9,936,952.
The annual total compensation of the median employee at Transocean was $129,485.
The ratio of Jeremy D. Thigpen's pay to the pay of median employee was therefore 77 to one.
Source: SEC filing on March 30, 2020.
Thigpen's colleagues
We found four more compensation records of executives who worked with Jeremy D. Thigpen at Transocean in 2019.