Matador Resources Company CEO Joseph Foran's 2021 pay jumps 436% to $9.1M
Matador Resources Company reports 2021 executive compensation
By ExecPay News
Published: April 28, 2022
Matador Resources Company reported fiscal year 2021 executive compensation information on April 28, 2022.
In 2021, five executives at Matador Resources Company received on average a compensation package of $5.3M, a 389% increase compared to previous year.
Average pay of disclosed executives at Matador Resources Company
Joseph Wm. Foran, Chief Executive Officer, received $9.1M in total, which increased by 436% compared to 2020. 57% of Foran's compensation, or $5.2M, was in stock awards. Foran also received $2.6M in non-equity incentive plan, $1.2M in salary, as well as $23K in other compensation.
For fiscal year 2021, the median employee pay was $155,887 at Matador Resources Company. Therefore, the ratio of Joseph Wm. Foran's pay to the median employee pay was 58 to one.
Matthew V. Hairford, President, received a compensation package of $4.4M, which increased by 348% compared to previous year. 57% of the compensation package, or $2.5M, was in stock awards.
David E. Lancaster, Chief Financial Officer, earned $4.4M in 2021, a 375% increase compared to previous year.
Craig N. Adams, Chief Operating Officer, received $4.2M in 2021, which increases by 373% compared to 2020.
Billy E. Goodwin, Chief Operating Officer, earned $4.2M in 2021, a 374% increase compared to previous year.
Related executives
David Lancaster
Matador Resources Company
Chief Financial Officer
Craig Adams
Matador Resources Company
Chief Operating Officer
Billy Goodwin
Matador Resources Company
Chief Operating Officer
Joseph Foran
Matador Resources Company
Chief Executive Officer
Matthew Hairford
Matador Resources Company
President
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Source: SEC filing on April 28, 2022.