ProPetro Holding Corp. CEO Dale Redman's 2019 pay rises 5% to $5.7M
ProPetro Holding Corp. reports 2019 executive compensation
By ExecPay News
Published: September 8, 2020
ProPetro Holding Corp. reported fiscal year 2019 executive compensation information on September 8, 2020.
In 2019, eight executives at ProPetro Holding Corp. received on average a compensation package of $1.9M, a 27% decrease compared to previous year.
Average pay of disclosed executives at ProPetro Holding Corp.
Dale Redman, Chief Executive Officer, received $5.7M in total, which increased by 5% compared to 2018. 87% of Redman's compensation, or $5M, was in stock awards. Redman also received $700K in salary and $49K in other compensation.
David Sledge, Chief Operating Officer, received a compensation package of $2.5M, which increased by 1% compared to previous year. 59% of the compensation package, or $1.5M, was in stock awards.
Mark Howell, General Counsel, earned $2.2M in 2019, a 47% increase compared to previous year.
Jeffrey D. Smith, Chief Administrative Officer, received $2.2M in 2019, which decreases by 18% compared to 2018.
Phillip A. Gobe, Chief Executive Officer, earned $714K in 2019.
Ian Denholm, Chief Accounting Officer, received $695K in 2019, which decreases by 17% compared to 2018.
Darin G. Holderness, Chief Financial Officer, earned $666K in 2019.
Newton W. "Trey" Wilson III, General Counsel, received $503K in 2019.
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Chief Executive Officer
Darin Holderness
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Jeffrey Smith
ProPetro Holding Corp.
Chief Administrative Officer
David Sledge
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Newton Wilson
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Mark Howell
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Source: SEC filing on September 8, 2020.