Devon Energy CEO Richard Muncrief receives $12M in 2021

Devon Energy reports 2021 executive compensation

By ExecPay News

Published: April 21, 2022

Devon Energy reported fiscal year 2021 executive compensation information on April 21, 2022.
In 2021, seven executives at Devon Energy received on average a compensation package of $5.5M, a 13% decrease compared to previous year.
Average pay of disclosed executives at Devon Energy
Richard E. Muncrief, Chief Executive Officer, received $12M in total. 70% of Muncrief's compensation, or $8.3M, was in stock awards. Muncrief also received $2.3M in non-equity incentive plan, $1M in salary, as well as $222K in other compensation.
Clay M. Gaspar, Chief Operating Officer, received a compensation package of $5.4M. 67% of the compensation package, or $3.6M, was in stock awards.
Lyndon C. Taylor, Former Executive Vice President Chief Legal & Admin Officer, earned $5.3M in 2021, a 17% decrease compared to previous year.
Jeffrey L. Ritenour, Chief Financial Officer, received $4.2M in 2021, which is about the same as previous year.
David G Harris, Executive Vice President and Chief Corporate Development Officer, earned $4.1M in 2021, a 1% increase compared to previous year.
Tana K. Cashion, Senior Vice President Human Resources and Administration, received $3.9M in 2021, which increases by 13% compared to 2020.
David A. Hager, Chief Executive Officer, earned $3.4M in 2021, a 75% decrease compared to previous year.

Related executives

Richard Muncrief

Devon Energy

Chief Executive Officer

David Hager

Devon Energy

Chief Executive Officer

Jeffrey Ritenour

Devon Energy

Chief Financial Officer

Clay Gaspar

Devon Energy

Chief Operating Officer

David Harris

Devon Energy

Executive Vice President and Chief Corporate Development Officer

Tana Cashion

Devon Energy

Senior Vice President Human Resources and Administration

Lyndon Taylor

Devon Energy

Former Executive Vice President Chief Legal & Admin Officer

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Source: SEC filing on April 21, 2022.