Frank's International CEO Michael Kearney's 2018 pay falls 25% to $2.8M
Frank's International reports 2018 executive compensation
By ExecPay News
Published: March 27, 2019
Frank's International reported fiscal year 2018 executive compensation information on March 27, 2019.
In 2018, seven executives at Frank's International received on average a compensation package of $1.2M, a 25% decrease compared to previous year.
Average pay of disclosed executives at Frank's International
Michael C. Kearney, Chief Executive Officer, received $2.8M in total, which decreased by 25% compared to 2017. 41% of Kearney's compensation, or $1.2M, was in stock awards. Kearney also received $915K in non-equity incentive plan, $750K in salary, as well as $12K in other compensation.
For fiscal year 2018, the median employee pay was $50,226 at Frank's International. Therefore, the ratio of Michael C. Kearney's pay to the median employee pay was 56 to one.
Alejandro Cestero, General Counsel, received a compensation package of $1.6M, which increased by 26% compared to previous year. 46% of the compensation package, or $733K, was in other compensation.
Kyle McClure, Chief Financial Officer, earned $1.2M in 2018, a 2% increase compared to previous year.
Burney J. Latiolais, Jr, Chief Executive Officer, received $983K in 2018, which decreases by 39% compared to 2017.
Steven Russell, President, Tubular Running Services, earned $816K in 2018.
Scott A. McCurdy, President, Blackhawk Specialty Tools, received $754K in 2018.
John Symington, General Counsel, earned $542K in 2018.
Related executives
Michael Kearney
Frank's International
Chief Executive Officer
Kyle McClure
Frank's International
Chief Financial Officer
John Symington
Frank's International
General Counsel
Steven Russell
Frank's International
President, Tubular Running Services
Scott McCurdy
Frank's International
President, Blackhawk Specialty Tools
Alejandro Cestero
Frank's International
General Counsel
Burney Latiolais
Frank's International
Chief Executive Officer
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Source: SEC filing on March 27, 2019.