Parsley Energy CEO Bryan Sheffield's 2018 pay slips 10% to $5M
Parsley Energy reports 2018 executive compensation
By ExecPay News
Published: April 8, 2019
Parsley Energy reported fiscal year 2018 executive compensation information on April 8, 2019.
In 2018, six executives at Parsley Energy received on average a compensation package of $2.9M, a 6% decrease compared to previous year.
Average pay of disclosed executives at Parsley Energy
Bryan Sheffield, Chief Executive Officer, received $5M in total, which decreased by 10% compared to 2017. 60% of Sheffield's compensation, or $3M, was in stock awards. Sheffield also received $1.2M in non-equity incentive plan, $828K in salary, as well as $22K in other compensation.
For fiscal year 2018, the median employee pay was $144,221 at Parsley Energy. Therefore, the ratio of Bryan Sheffield's pay to the median employee pay was 35 to one.
Matt Gallagher, Chief Operating Officer, received a compensation package of $3.9M, which increased by 11% compared to previous year. 66% of the compensation package, or $2.6M, was in stock awards.
Ryan Dalton, Chief Financial Officer, earned $2.7M in 2018, a 3% increase compared to previous year.
David Dell'Osso, Chief Operating Officer, received $2.6M in 2018.
Colin Roberts, General Counsel, earned $1.9M in 2018, a 5% increase compared to previous year.
Mike Hinson, Co-Founder, received $1.2M in 2018, which decreases by 14% compared to 2017.
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Source: SEC filing on April 8, 2019.