Oasis Petroleum CEO Thomas Nusz's 2018 pay rises 7% to $7.3M
Oasis Petroleum reports 2018 executive compensation
By ExecPay News
Published: March 21, 2019
Oasis Petroleum reported fiscal year 2018 executive compensation information on March 21, 2019.
In 2018, four executives at Oasis Petroleum received on average a compensation package of $4.2M, a 5% increase compared to previous year.
Average pay of disclosed executives at Oasis Petroleum
Thomas B. Nusz, Chief Executive Officer, received $7.3M in total, which increased by 7% compared to 2017. 75% of Nusz's compensation, or $5.4M, was in stock awards. Nusz also received $984K in non-equity incentive plan, $820K in salary, as well as $32K in other compensation.
For fiscal year 2018, the median employee pay was $138,464 at Oasis Petroleum. Therefore, the ratio of Thomas B. Nusz's pay to the median employee pay was 52 to one.
Taylor L. Reid, Chief Operating Officer, received a compensation package of $4.1M, which increased by 3% compared to previous year. 70% of the compensation package, or $2.8M, was in stock awards.
Michael H. Lou, Chief Financial Officer, earned $3.3M in 2018, a 1% increase compared to previous year.
Nickolas J. Lorentzatos, General Counsel, received $2.3M in 2018, which increases by 6% compared to 2017.
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Source: SEC filing on March 21, 2019.