Sundar PichaiSundar Pichai earned $164M in 2023
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Mark McCollum

Ex-CEO of Weatherford International

Education

Not specified

Field of Expertise

Energy & Utilities - Energy

Born

January 1, 1960 - 65 years ago

Economy Sector

Energy

Tenure

3 years 3 months (Mar 2017 - Jun 2020)

Previous Experience

Chief Financial Officer at Halliburton Company

Mark McCollum has over 36 years of experience in the energy sector. He became the CEO of Weatherford International in March 2017 after a solid track record at Halliburton where he was CFO. McCollum's leadership style focuses on performance, and...

Year

2019

Total Compensation

$4.60M

Salary

$1.00M

Board Justification

The compensation program is designed to align executive compensation with performance, support key financial and strategic objectives, and attract and retain key talent while limiting non-performance based entitlements.

Bonus

$3.37M

Board Justification

The bonus was based on the Executive Bonus Plan (EBP) for 2019, which provided a cash target bonus opportunity set by the Compensation Committee, with actual payouts based on performance metrics.

Other

$236.43K

Board Justification

Other compensation includes matching contributions to retirement plans and life insurance premiums.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards were granted or vested in 2019 due to the company's financial restructuring and low share prices.

Performance Metrics

The performance metrics for the bonus were based on overall company performance and achievement of specific quarterly and cumulative goals set by the Compensation Committee.