In 2023, Clay C. Williams earned $8.28M in total compensation at NOVA, Inc., including $990.30K salary, $1.58M bonus and $5.69M in stock. Most recently acquired 346,851 shares in Feb 2024. Currently holds stock worth $28.75M. Has donated $715.57K in stock to charitable causes. Has led NOVA, Inc. for over 11 years.
Compensation History
Annual executive compensation data for Clay C. Williams, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$8.28M
Salary
$990.30K
Bonus
$1.58M
Other
$18.68K
Salary
$990.30KBoard Justification
The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and shareholder interests, while ensuring market competitiveness.
Bonus
$1.58MBoard Justification
The bonus is based on the Company's performance metrics including Adjusted EBITDA, Energy Transition Revenue, and Safety goals, with a payout percentage of 123% of the target bonus for 2023.
Other Compensation
$18.68KBoard Justification
This includes contributions to the 401k Plan and other benefits.
Restricted Stock
Board Justification
The stock that vested in 2023 includes restricted stock units that were granted in previous years and vested based on performance metrics over the vesting period.
Performance Metrics
The performance metrics for the CEO's compensation include Adjusted EBITDA, Energy Transition Revenue, and Safety performance.
Clay C. Williams
CEO of NOVA, Inc.
Education
Not specified
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Energy
Born
January 1, 1962 - 63 years ago
CEO of NOVA, Inc. for
11 years 9 months (Feb 2014 - Present)
Previous Experience
President and Chief Operating Officer since December 2012, Executive Vice President from February 2009, Senior Vice President and Chief Financial Officer from March 2005.
Other NOVA, Inc. CEOs
Holdings
Track Clay C. Williams's stock holdings and portfolio value over time.
Total Stock Sold
$36.03M
$656.49K
20,000 BHE shares
$35.37M
629,116 NOV shares
What if they kept their stock?
If Clay C. Williams didn't sell their stock, today they would have:
Extra BHE20,000 shares worth $936.00K and NOV629,116 shares worth $10.25M.
This is -68.94% and $24.84M less than what they got when they sold the stock.
Charitable Transactions
43,900 shares
NOV
Recent Charitable Transactions
13,900 shares
NOV
Mar 6, 2018
Charity
30,000 shares
NOV
Dec 17, 2012
Charity
Insider Trading
Clay C. Williams's recent stock transactions, purchases, and sales filed with the SEC.
346,851 shares
NOV
Feb 6, 2024
Received
238,118 shares
NOV
Feb 23, 2023
Received
206,939 shares
NOV
Feb 15, 2022
Received
231,842 shares
NOV
Feb 22, 2021
Received
239,020 shares
NOV
Feb 25, 2020
Received
248,640 shares
NOV
Feb 27, 2019
Received
$22.28M
NOV at $47.91/share
Aug 1, 2018
Sale
5,444 shares
BHE
May 16, 2018
Received
13,900 shares
NOV
Mar 6, 2018
Charity
123,265 shares
NOV
Feb 28, 2018
Received
Rivals
Compare Clay C. Williams 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
Stephen Tadlock
CEO of Cactus
2023 Compensation
Stock
$500.00K
Salary
$450.00K
Bonus
$358.43K
Other
$30.62K
Total Holdings
$2.52M