Merrill A. Miller, Jr. is a notable figure in the oil and gas industry, having led NOV, Inc. from 2005 until 2014. His leadership coincided with a significant transformation in the company, including a major spin-off of its Distribution Business...

Number of Employees

33.68K

Year

2014

Total Compensation

$3.52M

Salary

$431.25K

Board Justification

The compensation philosophy emphasizes performance-driven incentives aligned with stockholder value, with a focus on attracting and retaining top executive talent.

Bonus

$0.00

Board Justification

No bonus payout for 2014 as Mr. Miller was not employed by the Company at the end of the year.

Other

$26.90K

Board Justification

Includes contributions to retirement plans and other benefits.

Restricted Stock

$3.07M(23.8K Restricted Stock)

Board Justification

Vested stock awards for the year 2014, reflecting performance-based vesting conditions met.

Performance Metrics

The performance metrics for compensation included achieving operational goals and financial performance targets.

SEC Filing

From April 10, 2015

Merrill A. Miller, Jr.

Ex-CEO of NOVA, Inc.

MA

Education

Not specified

Field of Expertise

Business & Management

Born

October 2, 1951 - 73 years ago

Is Founder?

No

Tenure

8 years 11 months (Mar 2005 - Feb 2014)

Previous Experience

Various senior executive positions with National Oilwell since February 1996.