Michael L. Hollis, born in 1970, has a solid background in the energy industry. He graduated with a Bachelor of Science in Chemical Engineering from Louisiana State University. He started his career at ConocoPhillips as a senior drilling engineer and...

Current Market Cap

$32.12B

Number of Employees

1.02K

Total Compensation

2017 - 2019

Trending down by -83.62% last year
Showing total compensation for the last 2017 - 2019

Stock

Down by -93.16% last year

Salary

Down by -20.00% last year

Bonus

Down by -85.31% last year

Other

Up by 30.99% last year

Year

2019

Total Compensation

$1.05M

Salary

$500.00K

Board Justification

The compensation philosophy focuses on aligning executive pay with company performance, utilizing peer benchmarking to ensure competitiveness and retention of top talent.

Bonus

$200.00K

Board Justification

The bonus is based on the company's performance metrics including production growth and cost management for the year 2019.

Other

$50.00K

Board Justification

Other compensation includes retirement contributions and health benefits provided in 2019.

Restricted Stock

$300.00K(10K RSU)

Board Justification

The stock that vested in 2019 was part of a long-term incentive plan that rewards performance over a three-year period, with vesting occurring upon achievement of specific performance targets.

Performance Metrics

Performance metrics include production growth, cost management, and shareholder return.

SEC Filing

From April 24, 2020