ION Geophysical CEO R Hanson's 2018 pay jumps 89% to $3.3M
ION Geophysical reports 2018 executive compensation
By ExecPay News
Published: April 11, 2019
ION Geophysical reported fiscal year 2018 executive compensation information on April 11, 2019.
In 2018, five executives at ION Geophysical received on average a compensation package of $1.9M, a 94% increase compared to previous year.
Average pay of disclosed executives at ION Geophysical
R. Brian Hanson, Chief Executive Officer, received $3.3M in total, which increased by 89% compared to 2017. 57% of Hanson's compensation, or $1.9M, was in stock awards. Hanson also received $582K in non-equity incentive plan, $262K in option awards, as well as $600K in salary.
For fiscal year 2018, the median employee pay was $95,487 at ION Geophysical. Therefore, the ratio of R. Brian Hanson's pay to the median employee pay was 35 to one.
Steven A. Bate, Chief Financial Officer, received a compensation package of $1.9M, which increased by 134% compared to previous year. 58% of the compensation package, or $1.1M, was in stock awards.
Kenneth G. Williamson, Chief Operating Officer, earned $1.8M in 2018, a 109% increase compared to previous year.
Christopher T. Usher, Chief Operating Officer, received $1.8M in 2018, which increases by 150% compared to 2017.
Matthew R. Powers, General Counsel, earned $857K in 2018, a 1% increase compared to previous year.
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Source: SEC filing on April 11, 2019.