Parsley Energy CEO Matt Gallagher's 2019 pay jumps 69% to $6.6M
Parsley Energy reports 2019 executive compensation
By ExecPay News
Published: April 6, 2020
Parsley Energy reported fiscal year 2019 executive compensation information on April 6, 2020.
In 2019, five executives at Parsley Energy received on average a compensation package of $3.5M, a 21% increase compared to previous year.
Average pay of disclosed executives at Parsley Energy
Matt Gallagher, Chief Executive Officer, received $6.6M in total, which increased by 69% compared to 2018. 71% of Gallagher's compensation, or $4.6M, was in stock awards. Gallagher also received $1.2M in non-equity incentive plan, $742K in salary, as well as $30K in other compensation.
For fiscal year 2019, the median employee pay was $171,503 at Parsley Energy. Therefore, the ratio of Matt Gallagher's pay to the median employee pay was 38 to one.
David Dell'Osso, Chief Operating Officer, received a compensation package of $4M, which increased by 54% compared to previous year. 73% of the compensation package, or $2.9M, was in stock awards.
Ryan Dalton, Chief Financial Officer, earned $3.2M in 2019, a 18% increase compared to previous year.
Colin Roberts, General Counsel, received $2.2M in 2019, which increases by 19% compared to 2018.
Mike Hinson, Co-Founder, earned $1.4M in 2019, a 16% increase compared to previous year.
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Source: SEC filing on April 6, 2020.