Ray R. Irani
2007
In 2007, Ray R. Irani earned a total compensation of $24.7M as Chairman and Chief Executive Officer at Occidental Petroleum, a 56% decrease compared to previous year.
Compensation breakdown
| Bonus | $1,716,000 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $584,168 |
| Non-Equity Incentive Plan | $2,574,000 |
| Salary | $1,300,000 |
| Stock Awards | $16,614,425 |
| Other | $1,891,414 |
| Total | $24,680,007 |
Irani received $16.6M in stock awards, accounting for 67% of the total pay in 2007.
Irani also received $1.7M in bonus, $584.2K of change in pension value and nonqualified deferred compensation earnings, $2.6M in non-equity incentive plan, $1.3M in salary and $1.9M in other compensation.
Rankings
In 2007, Ray R. Irani's compensation ranked 52nd out of 8,700 executives tracked by ExecPay. In other words, Irani earned more than 99.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 52 out of 8,700 | 99th |
Division Mining | 5 out of 390 | 99th |
Major group Oil And Gas Extraction | 3 out of 286 | 99th |
Industry group Crude Petroleum And Natural Gas | 2 out of 185 | 99th |
Industry Crude Petroleum and Natural Gas | 2 out of 185 | 99th |
Source: SEC filing on March 18, 2008.
Irani's colleagues
We found five more compensation records of executives who worked with Ray R. Irani at Occidental Petroleum in 2007.
2007
Stephen Chazen
Occidental Petroleum
Chief Financial Officer
2007
John Morgan
Occidental Petroleum
Executive Vice President
2007
R Olson
Occidental Petroleum
Executive Vice President
2007
Donald de Brier
Occidental Petroleum
General Counsel
2007
US Olson
Occidental Petroleum