Sundar PichaiSundar Pichai earned $164M in 2023

Ryan M. Lance is the CEO of ConocoPhillips, a major player in the energy sector. He took over as CEO in 2012 after serving in various roles in the company, mainly focusing on exploration and production in different regions, including...

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Ryan M. Lance

CEO of ConocoPhillips

Education

Bachelor's degree in Petroleum Engineering from Montana Tech

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Energy

Born

June 27, 1962 - 62 years ago

CEO of ConocoPhillips for

12 years 11 months (May 2012 - Present)

Previous Experience

Senior Vice President, Exploration & Production - International at ConocoPhillips

Holdings

See how much did Ryan M. Lance make over time.

Ryan M. Lance has seen significant changes in his stock holdings over the years. In 2019, his holdings were valued at nearly $768 million, reflecting a successful period for him and the company. However, by 2024, the total value had...

Total Stock Sold

$241.05M

COP

$241.05M

2,089,862 COP shares

What if they kept their stock?

If Ryan M. Lance didn't sell their stock, today they would have:
Extra COP2,089,862 shares worth $74.57M.
This is -69.07% and $166.48M less than what they got when they sold the stock.

Charitable Transactions

COP

154,817 shares

COP

Recent Charitable Transactions

COP

53,665 shares

COP

Mar 25, 2024

Charity

COP

62,173 shares

COP

Sep 18, 2023

Charity

COP

26,166 shares

COP

Nov 29, 2022

Charity

COP

12,813 shares

COP

Nov 19, 2014

Charity

Insider Trading

See recent insider trades of Ryan M. Lance.

COP

$76.43M

COP at $125.91/share

Mar 25, 2024

Sale

COP

53,665 shares

COP

Mar 25, 2024

Charity

COP

62,173 shares

COP

Sep 18, 2023

Charity

COP

$69.55M

COP at $122.14/share

Sep 1, 2023

Sale

COP

26,166 shares

COP

Nov 29, 2022

Charity

COP

$70.90M

COP at $121.21/share

Jun 7, 2022

Sale

COP

$7.68M

COP at $73.08/share

Dec 27, 2021

Sale

COP

$11.54M

COP at $72.07/share

Aug 22, 2018

Sale

COP

12,813 shares

COP

Nov 19, 2014

Charity

COP

$5.04M

COP at $79.42/share

Mar 3, 2011

Sale

Compensation History

See how much did Ryan M. Lance make over time.

In 2023, Ryan M. Lance's total compensation reached approximately $20.8 million. This amount included a base salary of $1.7 million. Notably, he did not receive any bonuses that year as the focus was on performance-based pay through the Variable Cash Incentive Program. Rather than stock grants, his pay structure incentivizes him to align his interests closely with the company's performance metrics. Over the years, his compensation has often been tied to how well ConocoPhillips does in operational and financial metrics, which shows the commitment to linking pay to success. His compensation has varied, reaching as high as $30.4 million in 2019, emphasizing the potential for high rewards in peak years for the company.

Year

2023

Total Compensation

$2.19M

Salary

$1.74M

Board Justification

The compensation philosophy is focused on linking pay with performance, ensuring that a substantial portion of executive compensation is performance-based and aligned with the long-term interests of stockholders.

Bonus

$0.00

Board Justification

No bonus was awarded for 2023 as the focus was on performance-based compensation through the Variable Cash Incentive Program (VCIP).

Other

$448.39K

Board Justification

Other compensation includes benefits such as tax planning services, life insurance premiums, and matching contributions under the tax-qualified savings plan.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2023 as the focus was on performance-based compensation through the Variable Cash Incentive Program (VCIP).

Performance Metrics

The performance metrics for 2023 included relative Adjusted ROCE and operational performance metrics, which directly influenced the Variable Cash Incentive Program (VCIP) payouts.

Other ConocoPhillips CEOs

Here are other CEOs of ConocoPhillips