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.
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.