NEXTIER OILFIELD SOLUTIONS CEO Robert Drummond's 2020 pay jumps 32% to $7.9M
NEXTIER OILFIELD SOLUTIONS reports 2020 executive compensation
By ExecPay News
Published: April 21, 2021
NEXTIER OILFIELD SOLUTIONS reported fiscal year 2020 executive compensation information on April 21, 2021.
In 2020, six executives at NEXTIER OILFIELD SOLUTIONS received on average a compensation package of $3.2M, a 21% decrease compared to previous year.
Average pay of disclosed executives at NEXTIER OILFIELD SOLUTIONS
Robert W. Drummond, Chief Executive Officer, received $7.9M in total, which increased by 32% compared to 2019. 81% of Drummond's compensation, or $6.5M, was in stock awards. Drummond also received $560K in non-equity incentive plan, $896K in salary, as well as $23K in other compensation.
Gregory L. Powell, Executive Vice President and Chief Integration Officer, received a compensation package of $4.5M, which decreased by 26% compared to previous year. 57% of the compensation package, or $2.6M, was in bonus.
Kevin M. McDonald, Chief Administrative Officer, earned $2.4M in 2020, a 2% increase compared to previous year.
Kenneth Pucheu, Chief Financial Officer, received $1.8M in 2020, which increases by 86% compared to 2019.
Richard S. Vaclavik, Senior Vice President, Chief Commercial Officer, earned $1.4M in 2020.
Ian J. Henkes, Senior Vice President, Operations, received $1.3M in 2020, which decreases by 5% compared to 2019.
Related executives
Robert Drummond
NEXTIER OILFIELD SOLUTIONS
Chief Executive Officer
Kenneth Pucheu
NEXTIER OILFIELD SOLUTIONS
Chief Financial Officer
Kevin McDonald
NEXTIER OILFIELD SOLUTIONS
Chief Administrative Officer
Ian Henkes
NEXTIER OILFIELD SOLUTIONS
Senior Vice President, Operations
Richard Vaclavik
NEXTIER OILFIELD SOLUTIONS
Senior Vice President, Chief Commercial Officer
Gregory Powell
NEXTIER OILFIELD SOLUTIONS
Executive Vice President and Chief Integration Officer
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Source: SEC filing on April 21, 2021.