Michael B. Walen
2008
In 2008, Michael B. Walen earned a total compensation of $2.9M as Sr. Vice President and Chief Operating Officer at Cabot Oil & Gas, a 26% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $246,948 |
|---|---|
| Non-Equity Incentive Plan | $473,918 |
| Option Awards | $302,454 |
| Salary | $407,833 |
| Stock Awards | $1,393,166 |
| Other | $42,613 |
| Total | $2,866,932 |
Walen received $1.4M in stock awards, accounting for 49% of the total pay in 2008.
Walen also received $246.9K of change in pension value and nonqualified deferred compensation earnings, $473.9K in non-equity incentive plan, $302.5K in option awards, $407.8K in salary and $42.6K in other compensation.
Rankings
In 2008, Michael B. Walen's compensation ranked 1,653rd out of 9,135 executives tracked by ExecPay. In other words, Walen earned more than 81.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,653 out of 9,135 | 82nd |
Division Mining | 93 out of 396 | 77th |
Major group Oil And Gas Extraction | 77 out of 288 | 73rd |
Industry group Crude Petroleum And Natural Gas | 47 out of 193 | 76th |
Industry Crude Petroleum and Natural Gas | 47 out of 193 | 76th |
Source: SEC filing on March 23, 2010.
Walen's colleagues
We found four more compensation records of executives who worked with Michael B. Walen at Cabot Oil & Gas in 2008.