Zion Oil & Gas Chairman John Brown's 2023 pay falls 22% to $403K
Zion Oil & Gas reports 2023 executive compensation
By ExecPay News
Published: April 11, 2024
Zion Oil & Gas reported fiscal year 2023 executive compensation information on April 11, 2024.
In 2023, four executives at Zion Oil & Gas received on average a compensation package of $331K, a 26% decrease compared to previous year.
Average pay of disclosed executives at Zion Oil & Gas
John M. Brown, Chairman, received $403K in total, which decreased by 22% compared to 2022. 57% of Brown's compensation, or $231K, was in salary. Brown also received $30K in bonus, $29K in option awards, as well as $114K in other compensation.
For fiscal year 2023, the median employee pay was $128,963 at Zion Oil & Gas. Therefore, the ratio of John M. Brown's pay to the median employee pay was 3 to one.
Robert W.A. Dunn, Chief Executive Officer, received a compensation package of $342K, which decreased by 24% compared to previous year. 88% of the compensation package, or $300K, was in salary.
William H. Avery, President, earned $300K in 2023, a 29% decrease compared to previous year.
Michael B. Croswell Jr, Chief Financial Officer, received $280K in 2023, which decreases by 30% compared to 2022.
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Source: SEC filing on April 11, 2024.