Stephen I. Chazen is the CEO and Chairman of Magnolia Oil & Gas Corporation, bringing over four decades of experience in the oil and gas industry. His career includes a significant stint as President and CEO of Occidental Petroleum from...

Current Market Cap

$44.78B

Number of Employees

12.57K

Total Compensation

2012 - 2016

Trending down by -39.30% last year
Showing total compensation for the last 2012 - 2016

Stock

Down by -100.00% last year

Salary

Down by -33.33% last year

Bonus

Up by 0.00% last year

Other

Up by 675.22% last year

Year

2016

Total Compensation

$3.28M

Salary

$1.00M

Board Justification

The compensation philosophy for the CEO is designed to align with company performance and shareholder interests, focusing on long-term value creation and retention of key executives.

Bonus

$0.00

Board Justification

No annual cash incentive was awarded to Mr. Chazen in 2016 as part of an agreement with the Board due to his transition from CEO to strategic advisor.

Other

$2.28M

Board Justification

This amount includes payment for accrued but unused vacation and other benefits.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested for Mr. Chazen in 2016 as he did not participate in the long-term incentive program for that year.

Performance Metrics

Mr. Chazen was not eligible for performance metrics in 2016 due to his transition from CEO.

SEC Filing

From March 24, 2017