Helmerich & Payne CEO John Lindsay's 2019 pay slips 1% to $7.7M

Helmerich & Payne reports 2019 executive compensation

By ExecPay News

Published: January 21, 2020

Helmerich & Payne reported fiscal year 2019 executive compensation information on January 21, 2020.
In 2019, five executives at Helmerich & Payne received on average a compensation package of $3.4M, a 6% increase compared to previous year.
Average pay of disclosed executives at Helmerich & Payne
John W. Lindsay, Chief Executive Officer, received $7.7M in total, which decreased by 1% compared to 2018. 61.89% of Lindsay's compensation, or $4.8M, was in stock awards. Lindsay also received $643.7K in bonus, $77.4K of change in pension value and nonqualified deferred compensation earnings, $858.2K in non-equity incentive plan, $984.5K in salary, as well as $382.9K in other compensation.
For fiscal year 2019, the median employee pay was $87,987 at Helmerich & Payne. Therefore, the ratio of John W. Lindsay's pay to the median employee pay was 88 to one.
Robert L. Stauder, Senior Vice President and Chief Engineer, Drilling Subsidiary, received a compensation package of $2.7M, which decreased by 2% compared to previous year. 54.14% of the compensation package, or $1.5M, was in stock awards.
Mark W. Smith, Chief Financial Officer, earned $2.4M in 2019, a 55% increase compared to previous year.
Cara M. Hair, Vice President, Corporate Services and Chief Legal and Compliance Officer, received $2.1M in 2019, which increases by 8% compared to 2018.
John R. Bell, Vice President, Offshore and International Operations, Drilling Subsidiary, earned $2M in 2019, a 2% decrease compared to previous year.
Helmerich & Payne's fiscal year ends on September 30.

Related executives

John Lindsay

Helmerich & Payne

Chief Executive Officer

Mark Smith

Helmerich & Payne

Chief Financial Officer

Robert Stauder

Helmerich & Payne

Senior Vice President and Chief Engineer, Drilling Subsidiary

Cara Hair

Helmerich & Payne

Vice President, Corporate Services and Chief Legal and Compliance Officer

John Bell

Helmerich & Payne

Vice President, Offshore and International Operations, Drilling Subsidiary

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Source: SEC filing on January 21, 2020.