Cimarex Energy CEO Thomas Jorden's 2018 pay slips 12% to $9.7M
Cimarex Energy reports 2018 executive compensation
By ExecPay News
Published: March 25, 2019
Cimarex Energy reported fiscal year 2018 executive compensation information on March 25, 2019.
In 2018, five executives at Cimarex Energy received on average a compensation package of $5.4M, a 10% decrease compared to previous year.
Average pay of disclosed executives at Cimarex Energy
Thomas E. Jorden, Chief Executive Officer, received $9.7M in total, which decreased by 12% compared to 2017. 71% of Jorden's compensation, or $6.9M, was in stock awards. Jorden also received $1.7M in non-equity incentive plan, $977K in salary, as well as $111K in other compensation.
For fiscal year 2018, the median employee pay was $118,035 at Cimarex Energy. Therefore, the ratio of Thomas E. Jorden's pay to the median employee pay was 82 to one.
Joseph R. Albi, Chief Operating Officer, received a compensation package of $4.6M, which decreased by 10% compared to previous year. 66% of the compensation package, or $3M, was in stock awards.
John A. Lambuth, Senior Vice President Exploration, earned $4.4M in 2018, a 10% decrease compared to previous year.
Stephen P. Bell, Executive Vice President Business Development, received $4.2M in 2018, which decreases by 8% compared to 2017.
G. Mark Burford, Chief Financial Officer, earned $4M in 2018, a 4% decrease compared to previous year.
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Source: SEC filing on March 25, 2019.