NORTHERN OIL & GAS CEO Nicholas O'Grady's 2020 pay falls 31% to $1.4M
NORTHERN OIL & GAS reports 2020 executive compensation
By ExecPay News
Published: April 13, 2021
NORTHERN OIL & GAS reported fiscal year 2020 executive compensation information on April 13, 2021.
In 2020, five executives at NORTHERN OIL & GAS received on average a compensation package of $862K, a 39% decrease compared to previous year.
Average pay of disclosed executives at NORTHERN OIL & GAS
Nicholas O'Grady, Chief Executive Officer, received $1.4M in total, which decreased by 31% compared to 2019. 56% of O'Grady's compensation, or $780K, was in stock awards. O'Grady also received $50K in bonus, $500K in salary, as well as $63K in other compensation.
For fiscal year 2020, the median employee pay was $184,700 at NORTHERN OIL & GAS. Therefore, the ratio of Nicholas O'Grady's pay to the median employee pay was 8 to one.
Erik Romslo, Chief Legal Officer, received a compensation package of $821K, which decreased by 3% compared to previous year. 46% of the compensation package, or $380K, was in salary.
Mike Kelly, Chief Strategy Officer, earned $746K in 2020.
Adam Dirlam, Chief Operating Officer, received $719K in 2020, which decreases by 6% compared to 2019.
Chad Allen, Chief Financial Officer, earned $629K in 2020, a 9% increase compared to previous year.
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Source: SEC filing on April 13, 2021.