Newpark Resources CEO Paul Howes' 2020 pay rises 11% to $3.2M
Newpark Resources reports 2020 executive compensation
By ExecPay News
Published: 7 minutes ago
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
Paul Howes
Newpark Resources
Chief Executive Officer
Gregg Piontek
Newpark Resources
Chief Financial Officer
Matthew Lanigan
Newpark Resources
Vice President and President of Industrial Solutions
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, 2021.