RING ENERGY CEO Kelly Hoffman's 2017 pay slips 10% to $847.2K

RING ENERGY reports 2017 executive compensation

Published: December 31, 1969

RING ENERGY reported fiscal year 2017 executive compensation information on December 31, 1969.

In 2017, four executives at RING ENERGY received on average a compensation package of $644K, a 7% decrease compared to previous year.

Average pay of disclosed executives at RING ENERGY

Kelly Hoffman, Chief Executive Officer, received $847.2K in total, which decreased by 10% compared to 2016. 72.97% of Hoffman's compensation, or $618.2K, was in option awards. Hoffman also received $205K in salary and $24K in other compensation.

David Fowler, President, received a compensation package of $602.2K, which decreased by 10% compared to previous year. 66.95% of the compensation package, or $403.2K, was in option awards.

Daniel D. Wilson, Executive Vice President, earned $578.2K in 2017, a 10% decrease compared to previous year.

William R. Broaddrick, Chief Financial Officer, received $548.2K in 2017, which increases by 5% compared to 2016.