Matador Resources Company CEO Joseph Foran's 2018 pay falls 27% to $7.4M
Matador Resources Company reports 2018 executive compensation
By ExecPay News
Published: April 25, 2019
Matador Resources Company reported fiscal year 2018 executive compensation information on April 25, 2019.
In 2018, five executives at Matador Resources Company received on average a compensation package of $4.2M, a 11% decrease compared to previous year.
Average pay of disclosed executives at Matador Resources Company
Joseph Wm. Foran, Chief Executive Officer, received $7.4M in total, which decreased by 27% compared to 2017. 36% of Foran's compensation, or $2.7M, was in stock awards. Foran also received $300K in bonus, $1.9M in non-equity incentive plan, $1.3M in option awards, $1.1M in salary, as well as $23K in other compensation.
For fiscal year 2018, the median employee pay was $178,116 at Matador Resources Company. Therefore, the ratio of Joseph Wm. Foran's pay to the median employee pay was 41 to one.
Matthew V. Hairford, President, received a compensation package of $3.8M, which decreased by 3% compared to previous year. 37% of the compensation package, or $1.4M, was in stock awards.
David E. Lancaster, Chief Financial Officer, earned $3.5M in 2018, a 2% decrease compared to previous year.
Craig N. Adams, Executive Vice President Land, Legal & Administration, received $3.2M in 2018, which is about the same as previous year.
Billy E. Goodwin, Executive Vice President and Head of Operations, earned $3M in 2018, a 15% increase compared to previous year.
Related executives
Joseph Foran
Matador Resources Company
Chief Executive Officer
Matthew Hairford
Matador Resources Company
President
David Lancaster
Matador Resources Company
Chief Financial Officer
Craig Adams
Matador Resources Company
Chief Operating Officer
Billy Goodwin
Matador Resources Company
Chief Operating Officer
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Source: SEC filing on April 25, 2019.