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...

Current Market Cap

$127.34B

Number of Employees

10K

Total Compensation

2019 - 2023

Trending down by -91.90% last year
Showing total compensation for the last 2019 - 2023

Stock

Down by -100.00% last year

Salary

Up by 3.36% last year

Bonus

Up by 0.00% last year

Other

Down by -18.77% last year

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.

SEC Filing

From April 1, 2024