Gran Tierra Energy CEO Dana Coffield's 2008 pay jumps 197% to $1.4M

Gran Tierra Energy reports 2008 executive compensation

By ExecPay News

Published: April 28, 2009

Gran Tierra Energy reported fiscal year 2008 executive compensation information on April 28, 2009.
In 2008, five executives at Gran Tierra Energy received on average a compensation package of $730K, a 142% increase compared to previous year.
Average pay of disclosed executives at Gran Tierra Energy
Dana Coffield, Chief Executive Officer, received $1.4M in total, which increased by 197% compared to 2007. 64% of Coffield's compensation, or $912K, was in option awards. Coffield also received $286K in bonus and $216K in salary.
Martin Eden, Chief Financial Officer, received a compensation package of $964K, which increased by 144% compared to previous year. 63% of the compensation package, or $608K, was in option awards.
Edgar Dyes, President, Argosy Energy/Gran Tierra Energy Colombia, earned $566K in 2008, a 67% increase compared to previous year.
Rafael Orunesu, President, Gran Tierra Argentina, received $369K in 2008, which increases by 34% compared to 2007.
Max Wei, Vice President, Operations, earned $337K in 2008, a 15% increase compared to previous year.

Related executives

Rafael Orunesu

Gran Tierra Energy

President, Gran Tierra Argentina

Max Wei

Gran Tierra Energy

Vice President, Operations

Edgar Dyes

Gran Tierra Energy

President, Argosy Energy/Gran Tierra Energy Colombia

Dana Coffield

Gran Tierra Energy

Chief Executive Officer

Martin Eden

Gran Tierra Energy

Chief Financial Officer

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Source: SEC filing on April 28, 2009.