Pioneer Energy Services CEO Wm Locke's 2018 pay rises 6% to $4.7M
Pioneer Energy Services reports 2018 executive compensation
By ExecPay News
Published: April 16, 2019
Pioneer Energy Services reported fiscal year 2018 executive compensation information on April 16, 2019.
In 2018, five executives at Pioneer Energy Services received on average a compensation package of $2.1M, a 5% increase compared to previous year.
Average pay of disclosed executives at Pioneer Energy Services
Wm. Stacy Locke, Chief Executive Officer, received $4.7M in total, which increased by 6% compared to 2017. 50% of Locke's compensation, or $2.4M, was in stock awards. Locke also received $796K in bonus, $786K in non-equity incentive plan, $745K in salary, as well as $13K in other compensation.
For fiscal year 2018, the median employee pay was $84,729 at Pioneer Energy Services. Therefore, the ratio of Wm. Stacy Locke's pay to the median employee pay was 56 to one.
Lorne E. Phillips, Chief Financial Officer, received a compensation package of $1.6M, which increased by 4% compared to previous year. 40% of the compensation package, or $654K, was in stock awards.
Carlos R. Peña, Executive Vice President and Chief Strategy Officer, earned $1.5M in 2018, a 4% increase compared to previous year.
Brian L. Tucker, Chief Operating Officer, received $1.5M in 2018, which increases by 4% compared to 2017.
Joe P. Freeman, Former Senior Vice President of Well Servicing Segment, earned $894K in 2018, a 8% increase compared to previous year.
Related executives
Wm Locke
Pioneer Energy Services
Chief Executive Officer
Lorne Phillips
Pioneer Energy Services
Chief Financial Officer
Carlos Peña
Pioneer Energy Services
Executive Vice President and Chief Strategy Officer
Brian Tucker
Pioneer Energy Services
Chief Operating Officer
Joe Freeman
Pioneer Energy Services
Former Senior Vice President of Well Servicing Segment
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Source: SEC filing on April 16, 2019.