Tengasco CEO Michael Rugen's 2018 pay rises 15% to $229K
Tengasco reports 2018 executive compensation
By ExecPay News
Published: November 1, 2019
Tengasco reported fiscal year 2018 executive compensation information on November 1, 2019.
In 2018, two Tengasco executives received on average a compensation package of $160K, a 12% increase compared to previous year.
Average pay of disclosed executives at Tengasco
Michael J. Rugen, Chief Executive Officer, received $229K in total, which increased by 15% compared to 2017. 81% of Rugen's compensation, or $184K, was in salary. Rugen also received $22K in bonus, $15K in stock awards, as well as $7.5K in other compensation.
Cary V. Sorensen, General Counsel, received a compensation package of $91K, which increased by 6% compared to previous year. 96% of the compensation package, or $87K, was in salary.
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Source: SEC filing on November 1, 2019.