Magnolia Oil & Gas Corp CFO Christopher Stavros' 2021 pay jumps 43% to $3.3M
Magnolia Oil & Gas Corp reports 2021 executive compensation
By ExecPay News
Published: March 18, 2022
Magnolia Oil & Gas Corp reported fiscal year 2021 executive compensation information on March 18, 2022.
In 2021, four executives at Magnolia Oil & Gas Corp received on average a compensation package of $1.9M, a 44% increase compared to previous year.
Average pay of disclosed executives at Magnolia Oil & Gas Corp
Christopher G. Stavros, Chief Financial Officer, received $3.3M in total, which increased by 43% compared to 2020. 63% of Stavros' compensation, or $2.1M, was in stock awards. Stavros also received $654K in non-equity incentive plan, $529K in salary, as well as $23K in other compensation.
Timothy D. Yang, General Counsel, received a compensation package of $2.5M, which increased by 43% compared to previous year. 58% of the compensation package, or $1.5M, was in stock awards.
Steve F. Millican, Senior Vice President, Operations, earned $1.5M in 2021, a 49% increase compared to previous year.
Stephen I. Chazen, Chief Executive Officer, received $349K in 2021, which increases by 37% compared to 2020.
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Source: SEC filing on March 18, 2022.