Murphy Oil CEO Roger Jenkins' 2019 pay jumps 41% to $19M
Murphy Oil reports 2019 executive compensation
By ExecPay News
Published: March 30, 2020
Murphy Oil reported fiscal year 2019 executive compensation information on March 30, 2020.
In 2019, five Murphy Oil executives received on average a compensation package of $7.5M, a 20% increase compared to previous year.
Average pay of disclosed executives at Murphy Oil
Roger W. Jenkins, Chief Executive Officer, received $19M in total, which increased by 41% compared to 2018. 56% of Jenkins' compensation, or $11M, was in stock awards. Jenkins also received $4.3M of change in pension value and nonqualified deferred compensation earnings, $2.3M in non-equity incentive plan, $1.3M in salary, as well as $288K in other compensation.
For fiscal year 2019, the median employee pay was $136,024 at Murphy Oil. Therefore, the ratio of Roger W. Jenkins' pay to the median employee pay was 138 to one.
Walter K. Compton, General Counsel, received a compensation package of $5.2M, which increased by 77% compared to previous year. 44% of the compensation package, or $2.3M, was in stock awards.
David R. Looney, Chief Financial Officer, earned $4.8M in 2019, a 12% increase compared to previous year.
Michael K. McFadyen, Executive Vice President, received $4.6M in 2019, which increases by 8% compared to 2018.
Eric M. Hambly, Executive Vice President, earned $3.9M in 2019.
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Source: SEC filing on March 30, 2020.