Murphy USA CEO R Clyde's 2019 pay rises 20% to $7.1M
Murphy USA reports 2019 executive compensation
By ExecPay News
Published: March 27, 2020
Murphy USA reported fiscal year 2019 executive compensation information on March 27, 2020.
In 2019, five Murphy USA executives received on average a compensation package of $2.8M, a 27% increase compared to previous year.
Average pay of disclosed executives at Murphy USA
R. Andrew Clyde, Chief Executive Officer, received $7.1M in total, which increased by 20% compared to 2018. 42% of Clyde's compensation, or $3M, was in stock awards. Clyde also received $1.9M in non-equity incentive plan, $913K in option awards, $1.1M in salary, as well as $266K in other compensation.
For fiscal year 2019, the median employee pay was $16,435 at Murphy USA. Therefore, the ratio of R. Andrew Clyde's pay to the median employee pay was 434 to one.
Mindy K. West, Chief Financial Officer, received a compensation package of $2.7M, which increased by 27% compared to previous year. 31% of the compensation package, or $809K, was in stock awards.
Robert J. Chumley, Senior Vice President, Marketing, earned $1.4M in 2019, a 20% increase compared to previous year.
John A. Moore, General Counsel, received $1.4M in 2019, which increases by 10% compared to 2018.
Renee M. Bacon, Senior Vice President, Sales & Operations, earned $1.3M in 2019.
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Source: SEC filing on March 27, 2020.