Basic Energy Services CFO David Schorlemer's 2019 pay jumps 111% to $1.1M

Basic Energy Services reports 2019 executive compensation

By ExecPay News

Published: April 6, 2020

Basic Energy Services reported fiscal year 2019 executive compensation information on April 6, 2020.
In 2019, three executives at Basic Energy Services received on average a compensation package of $1.1M, a 20% decrease compared to previous year.
Average pay of disclosed executives at Basic Energy Services
David Schorlemer, Chief Financial Officer, received $1.1M in total, which increased by 111% compared to 2018. 35% of Schorlemer's compensation, or $400K, was in salary. Schorlemer also received $200K in bonus, $243K in non-equity incentive plan, $299K in stock awards, as well as $900 in other compensation.
T.M. "Roe" Patterson, Chief Executive Officer, received a compensation package of $1.1M, which decreased by 53% compared to previous year. 62% of the compensation package, or $714K, was in salary.
James F. Newman, Senior Vice President — Region Operations, earned $976K in 2019, a 10% decrease compared to previous year.

Related executives

TM Patterson

Basic Energy Services

Chief Executive Officer

David Schorlemer

Basic Energy Services

Chief Financial Officer

James Newman

Basic Energy Services

Senior Vice President — Region Operations

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Source: SEC filing on April 6, 2020.