ConocoPhillips CEO Ryan Lance's 2021 pay slips 15% to $24M
ConocoPhillips reports 2021 executive compensation
By ExecPay News
Published: March 28, 2022
ConocoPhillips reported fiscal year 2021 executive compensation information on March 28, 2022.
In 2021, six executives at ConocoPhillips received on average a compensation package of $10M, a 6% decrease compared to previous year.
Average pay of disclosed executives at ConocoPhillips
Ryan M. Lance, Chief Executive Officer, received $24M in total, which decreased by 15% compared to 2020. 60% of Lance's compensation, or $14M, was in stock awards. Lance also received $2.5M of change in pension value and nonqualified deferred compensation earnings, $5M in non-equity incentive plan, $1.6M in salary, as well as $311K in other compensation.
For fiscal year 2021, the median employee pay was $179,428 at ConocoPhillips. Therefore, the ratio of Ryan M. Lance's pay to the median employee pay was 133 to one.
Timothy A. Leach, Executive Vice President, Lower, received a compensation package of $9.4M. 64% of the compensation package, or $6M, was in stock awards.
M.J. Fox retired, Chief Operating Officer, earned $8.4M in 2021, a 8% decrease compared to previous year.
William L. Bullock, Jr, Chief Financial Officer, received $8.2M in 2021, which increases by 7% compared to 2020.
Dominic E. Macklon, Executive Vice President, Strategy, Sustainability and Technology, earned $5.5M in 2021, a 18% increase compared to previous year.
Kelly B. Rose, General Counsel, received $5.4M in 2021, which increases by 29% compared to 2020.
Related executives
Ryan Lance
ConocoPhillips
Chief Executive Officer
William Bullock
ConocoPhillips
Chief Financial Officer
Timothy Leach
ConocoPhillips
Executive Vice President, Lower
Dominic Macklon
ConocoPhillips
Executive Vice President, Strategy, Sustainability and Technology
Kelly Rose
ConocoPhillips
General Counsel
MJ retired
ConocoPhillips
Chief Operating Officer
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Source: SEC filing on March 28, 2022.