ProPetro Holding Corp. CEO Phillip Gobe's 2021 pay jumps 35% to $6.9M
ProPetro Holding Corp. reports 2021 executive compensation
By ExecPay News
Published: March 7, 2022
ProPetro Holding Corp. reported fiscal year 2021 executive compensation information on March 7, 2022.
In 2021, five executives at ProPetro Holding Corp. received on average a compensation package of $3.5M, a 39% increase compared to previous year.
Average pay of disclosed executives at ProPetro Holding Corp.
Phillip A. Gobe, Chief Executive Officer, received $6.9M in total, which increased by 35% compared to 2020. 74% of Gobe's compensation, or $5.1M, was in stock awards. Gobe also received $861K in non-equity incentive plan, $870K in salary, as well as $29K in other compensation.
Samuel D. Sledge, Chief Executive Officer, received a compensation package of $3.2M. 70% of the compensation package, or $2.2M, was in stock awards.
Adam Muñoz, Chief Operating Officer, earned $2.8M in 2021, a 81% increase compared to previous year.
David S. Schorlemer, Chief Financial Officer, received $2.5M in 2021, which increases by 237% compared to 2020.
Newton W. "Trey" Wilson III, General Counsel, earned $2.1M in 2021, a 46% increase compared to previous year.
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Source: SEC filing on March 7, 2022.