Reserve Petroleum CEO Cameron McLain's 2019 pay slips 1% to $205K
Reserve Petroleum reports 2019 executive compensation
By ExecPay News
Published: April 16, 2020
Reserve Petroleum reported fiscal year 2019 executive compensation information on April 16, 2020.
In 2019, three executives at Reserve Petroleum received on average a compensation package of $172K, a 1% increase compared to previous year.
Average pay of disclosed executives at Reserve Petroleum
Cameron R. McLain, Chief Executive Officer, received $205K in total, which decreased by 1% compared to 2018. 82% of McLain's compensation, or $168K, was in salary. McLain also received $14K in bonus and $23K in other compensation.
Kyle L. McLain, Chairman, received a compensation package of $202K, which decreased by 1% compared to previous year. 83% of the compensation package, or $168K, was in salary.
Lawrence R. Francis, Secretary, earned $108K in 2019, a 7% increase compared to previous year.
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Source: SEC filing on April 16, 2020.