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.
Joseph M. Tanner, Senior Vice President, Commercial, earned $550K in 2019.

Related executives

Patrick Quarles

Trecora Resources

Chief Executive Officer

S Ahmad

Trecora Resources

Chief Financial Officer

Peter Loggenberg

Trecora Resources

Chief Sustainability Officer

John Townsend

Trecora Resources

Executive Vice President and Chief Manufacturing Officer

Joseph Tanner

Trecora Resources

Senior Vice President, Commercial

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Source: SEC filing on April 6, 2020.