Sundar PichaiSundar Pichai earned $164M in 2023
D

Blake T. DeBerry

Ex-CEO of Dril-Quip

Education

Bachelor of Science degree in mechanical engineering from Texas Tech University

Field of Expertise

Technology & Engineering - Engineering

Born

January 1, 1970 - 55 years ago

Economy Sector

Energy

Tenure

6 years 7 months (May 2015 - Dec 2021)

Previous Experience

General Manager of the Company’s Asia-Pacific region; various management and engineering positions in the Company’s domestic and international offices.

Blake T. DeBerry served as the CEO of Dril-Quip, Inc., a company specializing in oil and gas equipment, from 2015 until the end of 2021. He has been with the company since 1988, holding various roles in engineering and management...

Year

2021

Total Compensation

$3.65M

Salary

$680.00K

Board Justification

The compensation program is designed to attract and retain talented executives while aligning their interests with those of shareholders through performance-based incentives.

Bonus

$618.80K

Board Justification

Annual cash incentive compensation based on performance metrics for 2021, paid in early March 2022.

Other

$1.38M

Board Justification

Includes a lump sum cash severance payment of $1,360,000 and continued medical, dental, and life insurance coverage estimated at $47,971.

Restricted Stock

$976.07K(0 Restricted Stock)

Board Justification

No stock awards were granted in 2021 due to anticipated departure; however, all unvested restricted shares vested upon separation on December 31, 2021.

Performance Metrics

Performance metrics for 2021 included Free Cash Flow (70% weighting) and Bookings (30% weighting).