Kelly Hoffman
2018
In 2018, Kelly Hoffman earned a total compensation of $666.6K as Chief Executive Officer at RING ENERGY, a 21% decrease compared to previous year.
Compensation breakdown
| Salary | $235,000 |
|---|---|
| Stock Awards | $407,615 |
| Other | $24,000 |
| Total | $666,615 |
Hoffman received $407.6K in stock awards, accounting for 61% of the total pay in 2018.
Hoffman also received $235K in salary and $24K in other compensation.
Rankings
In 2018, Kelly Hoffman's compensation ranked 10,907th out of 14,244 executives tracked by ExecPay. In other words, Hoffman earned more than 23.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 10,907 out of 14,244 | 23rd |
Division Mining | 475 out of 606 | 22nd |
Major group Oil And Gas Extraction | 383 out of 454 | 16th |
Industry group Crude Petroleum And Natural Gas | 251 out of 308 | 19th |
Industry Crude Petroleum and Natural Gas | 251 out of 308 | 19th |
Pay ratio
| Kelly Hoffman's Pay | $666,615 |
|---|---|
| Median Employee's Pay | $98,913 |
| Pay Ratio | 7to 1 |
In 2018, the annual total compensation of Kelly Hoffman was $666,615.
The annual total compensation of the median employee at RING ENERGY was $98,913.
The ratio of Kelly Hoffman's pay to the pay of median employee was therefore 7 to one.
Source: SEC filing on November 13, 2019.
Hoffman's colleagues
We found three more compensation records of executives who worked with Kelly Hoffman at RING ENERGY in 2018.