Devon Energy CEO J Nichols receives $13M in 2006
Devon Energy reports 2006 executive compensation
By ExecPay News
Published: April 26, 2007
Devon Energy reported fiscal year 2006 executive compensation information on April 26, 2007.
In 2006, seven executives at Devon Energy received on average a compensation package of $5.6M.
Average pay of disclosed executives at Devon Energy
J. Larry Nichols, Chief Executive Officer, received $13M in total. 34% of Nichols' compensation, or $4.4M, was of change in pension value and nonqualified deferred compensation earnings. Nichols also received $2.6M in bonus, $2.4M in option awards, $1.2M in salary, $2.1M in stock awards, as well as $244K in other compensation.
Brian J. Jennings, Chief Financial Officer, received a compensation package of $10M. 44% of the compensation package, or $4.5M, was in other compensation.
John Richels, President, earned $5.2M in 2006.
Darryl G. Smette, Executive Vice President, received $4.1M in 2006.
Robert A. Myers, former Senior Vice President, earned $3.2M in 2006.
Stephen J. Hadden, Executive Vice President, received $2.7M in 2006.
Danny J. Heatly, Senior Vice President Accounting principal financial officer, earned $1.4M in 2006.
Related executives
J Nichols
Devon Energy
Chairman
John Richels
Devon Energy
Chief Executive Officer
Danny Heatly
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Chief Accounting Officer
Stephen Hadden
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former Executive Vice President
Darryl Smette
Devon Energy
Executive Vice President Marketing, Facilities, Pipelines and Supply Chain
Brian Jennings
Devon Energy
Chief Financial Officer
Robert Myers
Devon Energy
former Senior Vice President
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Source: SEC filing on April 26, 2007.