Murphy Oil CEO Roger Jenkins' 2020 pay falls 30% to $13M
Murphy Oil reports 2020 executive compensation
By ExecPay News
Published: March 26, 2021
Murphy Oil reported fiscal year 2020 executive compensation information on March 26, 2021.
In 2020, seven Murphy Oil executives received on average a compensation package of $5.4M, a 28% decrease compared to previous year.
Average pay of disclosed executives at Murphy Oil
Roger W. Jenkins, Chief Executive Officer, received $13M in total, which decreased by 30% compared to 2019. 63% of Jenkins' compensation, or $8.3M, was in stock awards. Jenkins also received $3.3M of change in pension value and nonqualified deferred compensation earnings, $480K in non-equity incentive plan, $983K in salary, as well as $169K in other compensation.
For fiscal year 2020, the median employee pay was $156,777 at Murphy Oil. Therefore, the ratio of Roger W. Jenkins' pay to the median employee pay was 84 to one.
Michael K. McFadyen, Former, Executive Vice President, received a compensation package of $7.1M, which increased by 55% compared to previous year. 34% of the compensation package, or $2.4M, was of change in pension value and nonqualified deferred compensation earnings.
Walter K. Compton, General Counsel, earned $7M in 2020, a 34% increase compared to previous year.
David R. Looney, Chief Financial Officer, received $3.5M in 2020, which decreases by 26% compared to 2019.
Eric M. Hambly, Executive Vice President, earned $3.2M in 2020, a 18% decrease compared to previous year.
E. Ted Botner, General Counsel, received $1.9M in 2020.
Thomas J. Mireles, Senior Vice President, earned $1.7M in 2020.
Related executives
Roger Jenkins
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David Looney
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Eric Hambly
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Thomas Mireles
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E Botner
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General Counsel
Michael McFadyen
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Walter Compton
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Source: SEC filing on March 26, 2021.