Trecora Resources CEO Patrick Quarles' 2019 pay jumps 202% to $2.3M
Trecora Resources reports 2019 executive compensation
By ExecPay News
Published: April 6, 2020
Trecora Resources reported fiscal year 2019 executive compensation information on April 6, 2020.
In 2019, five executives at Trecora Resources received on average a compensation package of $1M, a 42% increase compared to previous year.
Average pay of disclosed executives at Trecora Resources Patrick D. Quarles, Chief Executive Officer, received $2.3M in total, which increased by 202% compared to 2018. 37% of Quarles' compensation, or $838K, was in non-equity incentive plan. Quarles also received $600K in salary, $780K in stock awards, as well as $73K in other compensation.
For fiscal year 2019, the median employee pay was $90,272 at Trecora Resources. Therefore, the ratio of Patrick D. Quarles' pay to the median employee pay was 25 to one.
Peter M. Loggenberg, Chief Sustainability Officer, received a compensation package of $863K, which increased by 45% compared to previous year. 38% of the compensation package, or $329K, was in salary. John R. Townsend, Executive Vice President and Chief Manufacturing Officer, earned $752K in 2019, a 309% increase compared to previous year. S. Sami Ahmad, Chief Financial Officer, received $727K in 2019, which increases by 50% compared to 2018.
Chief Executive Officer
Chief Financial Officer
Chief Sustainability Officer
Executive Vice President and Chief Manufacturing Officer
Senior Vice President, Commercial
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