In 2023, Girish K. Saligram earned $16.24M in total compensation at Weatherford International, including $1.00M salary, $2.40M bonus and $12.76M in stock. Most recently sold 60,000 shares in Feb 2024. Currently holds stock worth $33.96M. Has donated $2.80M in stock to charitable causes. 5+ years at the helm of Weatherford International.
Compensation History
Annual executive compensation data for Girish K. Saligram, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$16.24M
Salary
$1.00M
Bonus
$2.40M
Other
$77.47K
Salary
$1.00MBoard Justification
The compensation philosophy is designed to attract, motivate, retain, and reward key leadership talent, aligning executive compensation with company performance and shareholder interests.
Bonus
$2.40MBoard Justification
The bonus is based on the achievement of corporate performance goals related to adjusted EBITDA and adjusted free cash flow, with a maximum payout of 200% of target.
Other Compensation
$77.47KBoard Justification
Other compensation includes 401(k) match, life insurance premium, relocation & geographic differential, and security services.
Restricted Stock
Board Justification
The vested stock includes 124,926 RSUs vested on January 4, 2023, 28,173 RSUs vested on January 18, 2023, and 56,497 RSUs vested on October 12, 2023.
Performance Metrics
The performance metrics for determining the compensation include adjusted EBITDA and adjusted free cash flow.
Girish K. Saligram
CEO of Weatherford International
Education
Not specified
Field of Expertise
Energy & Utilities - Oil and Gas
Sector of Economy
Energy
Born
January 1, 1972 - 53 years ago
CEO of Weatherford International for
5 years 1 month (Oct 2020 - Present)
Previous Experience
Chief Operating Officer at Exterran Corporation
Other Weatherford International CEOs
Holdings
Track Girish K. Saligram's stock holdings and portfolio value over time.
Total Stock Sold
$9.23M
$9.23M
110,750 WFRD shares
What if they kept their stock?
If Girish K. Saligram didn't sell their stock, today they would have:
Extra WFRD110,750 shares worth $8.54M.
This is -7.47% and $689.83K less than what they got when they sold the stock.
Charitable Transactions
36,250 shares
WFRD
Recent Charitable Transactions
12,000 shares
WFRD
Feb 21, 2024
Charity
24,250 shares
WFRD
May 23, 2023
Charity
Insider Trading
Girish K. Saligram's recent stock transactions, purchases, and sales filed with the SEC.
12,000 shares
WFRD
Feb 21, 2024
Charity
$6.21M
WFRD at $103.54/share
Feb 21, 2024
Sale
24,250 shares
WFRD
May 23, 2023
Charity
$3.01M
WFRD at $59.34/share
May 23, 2023
Sale
999,406 shares
WFRD
Feb 8, 2023
Received
Rivals
Compare Girish K. Saligram 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