In 2021, Blake T. DeBerry earned $3.65M in total compensation at Dril-Quip, including $680.00K salary, $618.80K bonus and $976.07K in stock. Led Dril-Quip as CEO for 6 years.
Compensation History
Annual executive compensation data for Blake T. DeBerry, including salary, bonuses, and stock awards.
Year
2021
Total Compensation
$3.65M
Salary
$680.00K
Bonus
$618.80K
Other
$1.38M
Salary
$680.00KBoard 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
$618.80KBoard Justification
Annual cash incentive compensation based on performance metrics for 2021, paid in early March 2022.
Other Compensation
$1.38MBoard 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
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).
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
Sector of Economy
Energy
Born
January 1, 1970 - 55 years ago
CEO of Dril-Quip for
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.
Other Dril-Quip CEOs
Holdings
Track Blake T. DeBerry's stock holdings and portfolio value over time.
Insider Trading
Blake T. DeBerry's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
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