Newpark Resources CEO Paul Howes' 2020 pay rises 11% to $3.2M
Newpark Resources reports 2020 executive compensation
By ExecPay News
Published: April 8, 2021
Newpark Resources reported fiscal year 2020 executive compensation information on April 8, 2021.
In 2020, five executives at Newpark Resources received on average a compensation package of $1.4M, a 6% decrease compared to previous year.
Average pay of disclosed executives at Newpark Resources
Paul L. Howes, Chief Executive Officer, received $3.2M in total, which increased by 11% compared to 2019. 36% of Howes' compensation, or $1.1M, was in non-equity incentive plan. Howes also received $433K in bonus, $708K in salary, $856K in stock awards, as well as $29K in other compensation.
For fiscal year 2020, the median employee pay was $48,942 at Newpark Resources. Therefore, the ratio of Paul L. Howes' pay to the median employee pay was 65 to one.
Gregg S. Piontek, Chief Financial Officer, received a compensation package of $1.2M, which increased by 1% compared to previous year. 32% of the compensation package, or $389K, was in salary.
Matthew S. Lanigan, Vice President and President of Industrial Solutions, earned $1M in 2020, a 15% decrease compared to previous year.
E. Chipman Earle, Chief Administrative Officer, received $758K in 2020, which decreases by 24% compared to 2019.
David A. Paterson, Vice President and President, Fluids Systems, earned $736K in 2020, a 30% decrease compared to previous year.
Related executives
You may also like
Source: SEC filing on April 8, 2021.