In 2016, Bernard Duroc-Danner earned $30.31M in total compensation at Weatherford International, including $1.43M salary and $6.63M in stock. Most recently acquired 2,234 shares in Jun 2024. Currently holds stock worth $1.09M. Led Weatherford International as CEO for 4 years.
Compensation History
Annual executive compensation data for Bernard Duroc-Danner, including salary, bonuses, and stock awards.
Year
2016
Total Compensation
$30.31M
Salary
$1.43M
Bonus
$0.00
Other
$22.26M
Salary
$1.43MBoard Justification
The compensation program is designed to align executive compensation with performance, emphasizing long-term value creation for shareholders, with over 75% of compensation at-risk.
Bonus
$0.00Board Justification
No annual cash incentive paid due to failure to achieve free cash flow threshold goal
Other Compensation
$22.26MBoard Justification
Includes severance payments and other compensation related to the termination of employment.
Restricted Stock
Board Justification
Gross distribution of 965,986 shares of the Company’s stock with respect to RSUs upon termination of employment, with no vesting for 2016 of outstanding PSUs due to performance goals not being met.
Performance Metrics
Performance objectives based on generating free cash flow, increasing market share, reducing support ratio, and maintaining focus on safety.
Bernard Duroc-Danner
Ex-CEO of Weatherford International
Education
Not specified
Sector of Economy
Energy
Born
November 1, 1951 - 74 years ago
CEO of Weatherford International for
4 years 0 months (Nov 2012 - Nov 2016)
Previous Experience
Various roles at Weatherford International plc and other oilfield service companies
Other Weatherford International CEOs
Holdings
Track Bernard Duroc-Danner's stock holdings and portfolio value over time.
Total Stock Sold
$2.33M
$2.33M
24,000 WFRD shares
What if they kept their stock?
If Bernard Duroc-Danner didn't sell their stock, today they would have:
Extra WFRD24,000 shares worth $1.83M.
This is -21.32% and $497.16K less than what they got when they sold the stock.
Insider Trading
Bernard Duroc-Danner's recent stock transactions, purchases, and sales filed with the SEC.
$200.05K
CHK at $89.55/share
Jun 6, 2024
Received
$2.33M
WFRD at $97.28/share
Feb 9, 2024
Sale
$200.06K
CHK at $79.17/share
Jun 8, 2023
Received
$200.04K
CHK at $92.10/share
Jun 9, 2022
Received
$300.03K
CHK at $43.71/share
Feb 22, 2021
Received
Rivals
Compare Bernard Duroc-Danner with competitor CEOs and industry peers.
Jeffrey A. Miller
CEO of Halliburton
2023 Compensation
Stock
$27.46M
Salary
$1.60M
Bonus
$0.00
Other
$659.12K
Total Holdings
$24.88M
Olivier Le Peuch
CEO of Schlumberger
2023 Compensation
Stock
$0.00
Salary
$1.55M
Bonus
$3.50M
Other
$174.85K
Total Holdings
$231.10M
James H. Walter
CEO of Permian Resources
2023 Compensation
Stock
$0.00
Salary
$0.00
Bonus
$0.00
Other
$4.30K
Total Holdings
$141.49M
William M. Hickey III
CEO of Permian Resources
2023 Compensation
Stock
$15.00M
Salary
$0.00
Bonus
$0.00
Other
$0.00
Total Holdings
$46.73M
Clay C. Williams
CEO of NOVA, Inc.
2023 Compensation
Stock
$5.69M
Salary
$990.30K
Bonus
$1.58M
Other
$18.68K
Total Holdings
$22.38M
Douglas E. Brooks
CEO of Chord Energy
2023 Compensation
Stock
$1.01M
Salary
$850.00K
Bonus
$0.00
Other
$23.81K
Total Holdings
$6.68M