Newpark Resources Vice President and President of Fluids Systems and Engineering Bruce Smith's 2007 pay jumps 170% to $1.5M
Newpark Resources reports 2007 executive compensation
By ExecPay News
Published: April 25, 2008
Newpark Resources reported fiscal year 2007 executive compensation information on April 25, 2008.
In 2007, five executives at Newpark Resources received on average a compensation package of $911K, a 61% increase compared to previous year.
Average pay of disclosed executives at Newpark Resources
Bruce C. Smith, Vice President and President of Fluids Systems and Engineering, received $1.5M in total, which increased by 170% compared to 2006. 54% of Smith's compensation, or $780K, was in stock awards. Smith also received $131K in non-equity incentive plan, $190K in option awards, $311K in salary, as well as $45K in other compensation.
Paul L. Howes, Chief Executive Officer, received a compensation package of $1.2M, which decreased by 15% compared to previous year. 36% of the compensation package, or $445K, was in salary.
James E. Braun, Chief Financial Officer, earned $659K in 2007, a 158% increase compared to previous year.
Mark J. Airola, Chief Administrative Officer, received $647K in 2007, which increases by 155% compared to 2006.
Sean D. Mikaelian, Vice President and President of Mats Integrated Services, earned $554K in 2007, a 70% increase compared to previous year.
Related executives
Sean Mikaelian
Newpark Resources
Vice President and President of Mats Integrated Services
Paul Howes
Newpark Resources
Chief Executive Officer
James Braun
Newpark Resources
Chief Financial Officer
Bruce Smith
Newpark Resources
Executive Vice President and President, Fluids Systems
Mark Airola
Newpark Resources
Chief Administrative Officer
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Source: SEC filing on April 25, 2008.