In 2011, Eugene M. Isenberg earned $34.12M in total compensation at Nabors Industries, including $1.30M salary, $15.60M bonus and $14.66M in stock. Has donated $376.79K in stock to charitable causes. Led Nabors Industries as CEO for 24 years.
Compensation History
Annual executive compensation data for Eugene M. Isenberg, including salary, bonuses, and stock awards.
Year
2011
Total Compensation
$34.12M
Salary
$1.30M
Bonus
$15.60M
Other
$2.57M
Salary
$1.30MBoard Justification
The compensation philosophy is designed to align executive compensation with company performance, focusing on cash flow generation and shareholder value.
Bonus
$15.60MBoard Justification
For 2011, Mr. Isenberg received a cash bonus of $15,595,000 after voluntarily agreeing to forego approximately $4 million of his contractual bonus.
Other Compensation
$2.57MBoard Justification
Other compensation includes various benefits such as insurance, club memberships, automobile allowance, and contributions to the Executive Plan.
Restricted Stock
Board Justification
The stock that vested in 2011 was part of the restricted stock awards granted in previous years, which became fully vested during the year.
Performance Metrics
The performance metrics for determining compensation include cash flow in excess of a percentage of shareholders' equity.
Eugene M. Isenberg
Ex-CEO of Nabors Industries
Education
Bachelor's degree from University of Massachusetts Amherst.
Field of Expertise
Business & Management
Sector of Economy
Energy
Born
November 1, 1929 - 96 years ago
CEO of Nabors Industries for
24 years 9 months (Jan 1987 - Oct 2011)
Previous Experience
Chairman and Chief Executive Officer of Nabors Industries since 1987.
Other Nabors Industries CEOs
Holdings
Track Eugene M. Isenberg's stock holdings and portfolio value over time.
Charitable Transactions
7,632 shares
NBR
Recent Charitable Transactions
Insider Trading
Eugene M. Isenberg's recent stock transactions, purchases, and sales filed with the SEC.
Rivals
Compare Eugene M. Isenberg with competitor CEOs and industry peers.
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Bonus
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