Reserve Petroleum CEO Cameron McLain's 2020 pay stays at $205K
Reserve Petroleum reports 2020 executive compensation
By ExecPay News
Published: April 15, 2021
Reserve Petroleum reported fiscal year 2020 executive compensation information on April 15, 2021.
In 2020, three executives at Reserve Petroleum received on average a compensation package of $172K, which is about the same as previous year.
Cameron R. McLain, Chief Executive Officer, received $205K in total, which is about the same as previous year. 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 is about the same as previous year. 83% of the compensation package, or $168K, was in salary.
Lawrence R. Francis, Secretary, earned $108K in 2020, which is about the same as previous year.