Devon Energy CEO David Hager's 2019 pay rises 11% to $13.8M

Devon Energy reports 2019 executive compensation

By ExecPay News

Published: April 21, 2020

Devon Energy reported fiscal year 2019 executive compensation information on April 21, 2020.
In 2019, six executives at Devon Energy received on average a compensation package of $7.1M, a 3% increase compared to previous year.
Average pay of disclosed executives at Devon Energy
David A. Hager, Chief Executive Officer, received $13.8M in total, which increased by 11% compared to 2018. 65.23% of Hager's compensation, or $9M, was in stock awards. Hager also received $2.6M in non-equity incentive plan, $1.3M in salary, as well as $939.5K in other compensation.
Tony D. Vaughn, Chief Operating Officer, received a compensation package of $10.9M, which increased by 42% compared to previous year. 46.52% of the compensation package, or $5M, was of change in pension value and nonqualified deferred compensation earnings.
Lyndon C. Taylor, Executive Vice President and Chief Legal & Admin. Officer, earned $8.2M in 2019, a 90% increase compared to previous year.
Jeffrey L. Ritenour, Chief Financial Officer, received $4.4M in 2019, which increases by 23% compared to 2018.
David G Harris, Executive Vice President Exploration & Production, earned $2.6M in 2019.
Tana K. Cashion, Senior Vice President Human Resources, received $2.4M in 2019.

Related executives

David Hager

Devon Energy

Chief Executive Officer

Jeffrey Ritenour

Devon Energy

Chief Financial Officer

Lyndon Taylor

Devon Energy

Executive Vice President and Chief Legal & Admin. Officer

David Harris

Devon Energy

Executive Vice President Exploration & Production

Tana Cashion

Devon Energy

Senior Vice President Human Resources

Tony Vaughn

Devon Energy

Chief Operating Officer

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Source: SEC filing on April 21, 2020.