Diamond Offshore Drilling CEO Marc Edwards' 2019 pay rises 1% to $5.8M
Diamond Offshore Drilling reports 2019 executive compensation
By ExecPay News
Published: April 1, 2020
Diamond Offshore Drilling reported fiscal year 2019 executive compensation information on April 1, 2020.
In 2019, five executives at Diamond Offshore Drilling received on average a compensation package of $2.1M, a 3% increase compared to previous year.
Average pay of disclosed executives at Diamond Offshore Drilling
Marc Edwards, Chief Executive Officer, received $5.8M in total, which increased by 1% compared to 2018. 30% of Edwards' compensation, or $1.7M, was in stock awards. Edwards also received $1.5M in bonus, $1.5M in non-equity incentive plan, $1M in salary, as well as $66K in other compensation.
For fiscal year 2019, the median employee pay was $114,358 at Diamond Offshore Drilling. Therefore, the ratio of Marc Edwards' pay to the median employee pay was 51 to one.
Ronald Woll, Executive Vice President and Chief Commercial Officer, received a compensation package of $2M, which increased by 15% compared to previous year. 37% of the compensation package, or $750K, was in bonus.
David L. Roland, General Counsel, earned $835K in 2019, a 1% increase compared to previous year.
Thomas M. Roth, Senior Vice President - Worldwide Operations, received $804K in 2019, which increases by 1% compared to 2018.
Scott L. Kornblau, Chief Financial Officer, earned $804K in 2019, a 2% decrease compared to previous year.
Related executives
Marc Edwards
Diamond Offshore Drilling
Chief Executive Officer
Ronald Woll
Diamond Offshore Drilling
Executive Vice President and Chief Commercial Officer
Scott Kornblau
Diamond Offshore Drilling
Chief Financial Officer
David Roland
Diamond Offshore Drilling
General Counsel
Thomas Roth
Diamond Offshore Drilling
Senior Vice President - Worldwide Operations
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Source: SEC filing on April 1, 2020.