Matador Resources Company CEO Joseph Foran's 2019 pay rises 9% to $8M
Matador Resources Company reports 2019 executive compensation
By ExecPay News
Published: April 23, 2020
Matador Resources Company reported fiscal year 2019 executive compensation information on April 23, 2020.
In 2019, five executives at Matador Resources Company received on average a compensation package of $4.6M, a 11% increase compared to previous year.
Average pay of disclosed executives at Matador Resources Company
Joseph Wm. Foran, Chief Executive Officer, received $8M in total, which increased by 9% compared to 2018. 53% of Foran's compensation, or $4.3M, was in stock awards. Foran also received $2.5M in non-equity incentive plan, $1.2M in salary, as well as $25K in other compensation.
For fiscal year 2019, the median employee pay was $198,876 at Matador Resources Company. Therefore, the ratio of Joseph Wm. Foran's pay to the median employee pay was 40 to one.
Matthew V. Hairford, President, received a compensation package of $4.2M, which increased by 10% compared to previous year. 54% of the compensation package, or $2.3M, was in stock awards.
David E. Lancaster, Chief Financial Officer, earned $3.8M in 2019, a 10% increase compared to previous year.
Craig N. Adams, Chief Operating Officer, received $3.5M in 2019, which increases by 9% compared to 2018.
Billy E. Goodwin, Chief Operating Officer, earned $3.5M in 2019, a 18% 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 23, 2020.