Murphy USA CEO R Clyde's 2021 pay rises 5% to $8.6M

Murphy USA reports 2021 executive compensation

By ExecPay News

Published: March 25, 2022

Murphy USA reported fiscal year 2021 executive compensation information on March 25, 2022.
In 2021, six Murphy USA executives received on average a compensation package of $3M, a 2% decrease compared to previous year.
Average pay of disclosed executives at Murphy USA
R. Andrew Clyde, Chief Executive Officer, received $8.6M in total, which increased by 5% compared to 2020. 45% of Clyde's compensation, or $3.9M, was in stock awards. Clyde also received $1.9M in non-equity incentive plan, $1.2M in option awards, $1.2M in salary, as well as $441K in other compensation.
For fiscal year 2021, the median employee pay was $19,058 at Murphy USA. Therefore, the ratio of R. Andrew Clyde's pay to the median employee pay was 453 to one.
Mindy K. West, Chief Financial Officer, received a compensation package of $2.8M, which decreased by 5% compared to previous year. 34% of the compensation package, or $967K, was in stock awards.
John A. Moore, General Counsel, earned $2.4M in 2021, a 63% increase compared to previous year.
Terry P. Hatten, Senior Vice President Human Resources, received $1.5M in 2021.
Robert J. Chumley, Senior Vice President, Marketing, earned $1.5M in 2021, a 3% decrease compared to previous year.
Renee M. Bacon, Senior Vice President, Sales & Operations, received $1.4M in 2021, which increases by 1% compared to 2020.

Related executives

R Clyde

Murphy USA

Chief Executive Officer

Mindy West

Murphy USA

Chief Financial Officer

Terry Hatten

Murphy USA

Senior Vice President Human Resources

Robert Chumley

Murphy USA

Senior Vice President, Marketing

Renee Bacon

Murphy USA

Senior Vice President, Sales & Operations

John Moore

Murphy USA

General Counsel

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Source: SEC filing on March 25, 2022.