R. Andrew Clyde has been the President and CEO of Murphy USA Inc. since August 2013. He holds a Bachelor’s degree in Business Administration from the University of Arkansas. Under his leadership, the company achieved impressive financial performance metrics, with...

Number of Employees

15.6K

Year

2023

Total Compensation

$16.63M

Salary

$1.27M

Board Justification

The compensation philosophy is designed to align executive pay with company performance and market benchmarks, ensuring competitive compensation to attract and retain top talent.

Bonus

$2.43M

Board Justification

The actual bonus earned for 2023 was based on the achievement of performance metrics under the Annual Incentive Plan (AIP), which was 128.4% of the target bonus.

Other

$398.23K

Board Justification

Includes contributions to defined contribution plans, term life insurance, and personal use of corporate aircraft.

Restricted Stock

$12.53M(47.91K RSU)

Board Justification

The value realized upon vesting of RSUs and PSUs, which is the fair market value of the shares on the date of vesting.

Performance Metrics

Performance metrics for 2023 included Adjusted EBITDA, Fuel Volume, Fuel Margin Contribution, Merchandise Margin Contribution, and Coverage Ratio.

SEC Filing

From March 28, 2024

R. Andrew Clyde

Founder and CEO of Murphy USA

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Education

Bachelor's degree in Business Administration from the University of Arkansas

Field of Expertise

Business & Management

Born

January 1, 1955 - 70 years ago

Is Founder?

Yes

Current Tenure

11 years 4 months (Aug 2013 - Present)

Previous Experience

President and Chief Executive Officer of Murphy USA Inc.