Oasis Petroleum CEO Thomas Nusz's 2019 pay rises 13% to $8.2M
Oasis Petroleum reports 2019 executive compensation
By ExecPay News
Published: March 30, 2020
Oasis Petroleum reported fiscal year 2019 executive compensation information on March 30, 2020.
In 2019, four executives at Oasis Petroleum received on average a compensation package of $4.8M, a 14% increase compared to previous year.
Average pay of disclosed executives at Oasis Petroleum
Thomas B. Nusz, Chief Executive Officer, received $8.2M in total, which increased by 13% compared to 2018. 80% of Nusz's compensation, or $6.6M, was in stock awards. Nusz also received $738K in non-equity incentive plan, $881K in salary, as well as $23K in other compensation.
For fiscal year 2019, the median employee pay was $153,023 at Oasis Petroleum. Therefore, the ratio of Thomas B. Nusz's pay to the median employee pay was 54 to one.
Taylor L. Reid, Chief Operating Officer, received a compensation package of $4.9M, which increased by 20% compared to previous year. 77% of the compensation package, or $3.8M, was in stock awards.
Michael H. Lou, Chief Financial Officer, earned $3.5M in 2019, a 9% increase compared to previous year.
Nickolas J. Lorentzatos, General Counsel, received $2.6M in 2019, which increases by 14% compared to 2018.
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Source: SEC filing on March 30, 2020.