Devon Energy CEO David Hager's 2018 pay slips 7% to $12M
Devon Energy reports 2018 executive compensation
By ExecPay News
Published: April 23, 2019
Devon Energy reported fiscal year 2018 executive compensation information on April 23, 2019.
In 2018, five executives at Devon Energy received on average a compensation package of $6.8M, a 4% decrease compared to previous year.
Average pay of disclosed executives at Devon Energy
David A. Hager, Chief Executive Officer, received $12M in total, which decreased by 7% compared to 2017. 69% of Hager's compensation, or $8.6M, was in stock awards. Hager also received $1.5M in non-equity incentive plan, $1.3M in salary, as well as $1.1M in other compensation.
Tony D. Vaughn, Chief Operating Officer, received a compensation package of $7.7M, which decreased by 18% compared to previous year. 46% of the compensation package, or $3.5M, was in stock awards.
R. Alan Marcum, Former Executive Vice President, Administration, earned $6.1M in 2018, a 60% increase compared to previous year.
Lyndon C. Taylor, General Counsel, received $4.3M in 2018, which decreases by 14% compared to 2017.
Jeffrey L. Ritenour, Chief Financial Officer, earned $3.6M in 2018, a 6% increase compared to previous year.
Related executives
David Hager
Devon Energy
Chief Executive Officer
Jeffrey Ritenour
Devon Energy
Chief Financial Officer
Tony Vaughn
Devon Energy
Chief Operating Officer
Lyndon Taylor
Devon Energy
Former Executive Vice President Chief Legal & Admin Officer
R Marcum
Devon Energy
Former Executive Vice President, Administration
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Source: SEC filing on April 23, 2019.