Occidental Petroleum Chairman Ray Irani's 2010 pay jumps 142% to $76M
Occidental Petroleum reports 2010 executive compensation
By ExecPay News
Published: March 22, 2013
Occidental Petroleum reported fiscal year 2010 executive compensation information on March 22, 2013.
In 2010, six executives at Occidental Petroleum received on average a compensation package of $23M, a 110% increase compared to previous year.
Average pay of disclosed executives at Occidental Petroleum
Ray R. Irani, Chairman, received $76M in total, which increased by 142% compared to 2009. 53% of Irani's compensation, or $40M, was in stock awards. Irani also received $1.4M in bonus, $32M in non-equity incentive plan, $1.2M in salary, as well as $1.7M in other compensation.
Stephen I. Chazen, Chief Executive Officer, received a compensation package of $38M, which increased by 182% compared to previous year. 57% of the compensation package, or $22M, was in stock awards.
Donald P. de Brier, Secretary, earned $9.7M in 2010, a 174% increase compared to previous year.
William E. Albrecht, Vice President and President, Americas, Oxy Oil and Gas, received $4.4M in 2010, which increases by 56% compared to 2009.
Edward A. Lowe, Vice President and President, Oxy Oil and Gas - International Production, earned $4.4M in 2010.
James M. Lienert, Executive Vice President, Business Support, received $3.2M in 2010.
Related executives
Stephen Chazen
Occidental Petroleum
Chief Executive Officer
Ray Irani
Occidental Petroleum
Chairman
Donald de Brier
Occidental Petroleum
Secretary
William Albrecht
Occidental Petroleum
Vice President and President, Americas, Oxy Oil and Gas
Edward Lowe
Occidental Petroleum
Group Chairman
James Lienert
Occidental Petroleum
Executive Vice President, Business Support
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Source: SEC filing on March 22, 2013.