Newpark Resources CEO Paul Howes' 2019 pay slips 10% to $2.9M

Newpark Resources reports 2019 executive compensation

By ExecPay News

Published: April 8, 2020

Newpark Resources reported fiscal year 2019 executive compensation information on April 8, 2020.
In 2019, five executives at Newpark Resources received on average a compensation package of $1.5M, a 8% decrease compared to previous year.
Average pay of disclosed executives at Newpark Resources
Paul L. Howes, Chief Executive Officer, received $2.9M in total, which decreased by 10% compared to 2018. 52% of Howes' compensation, or $1.5M, was in stock awards. Howes also received $433K in bonus, $80K in non-equity incentive plan, $821K in salary, as well as $34K in other compensation.
For fiscal year 2019, the median employee pay was $55,770 at Newpark Resources. Therefore, the ratio of Paul L. Howes' pay to the median employee pay was 51 to one.
Matthew S. Lanigan, Vice President and President, Mats & Integrated Services, received a compensation package of $1.2M, which decreased by 24% compared to previous year. 34% of the compensation package, or $414K, was in salary.
Gregg S. Piontek, Chief Financial Officer, earned $1.2M in 2019, a 49% decrease compared to previous year.
David A. Paterson, Vice President and President, Fluids Systems, received $1.1M in 2019.
E. Chipman Earle, Chief Administrative Officer, earned $1M in 2019, a 31% increase compared to previous year.

Related executives

Paul Howes

Newpark Resources

Chief Executive Officer

Gregg Piontek

Newpark Resources

Chief Financial Officer

Matthew Lanigan

Newpark Resources

Chief Operating Officer

David Paterson

Newpark Resources

Vice President and President, Fluids Systems

E Earle

Newpark Resources

Chief Administrative Officer

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Source: SEC filing on April 8, 2020.