In 2014, James D. Palm earned $6.98M in total compensation at Gulfport Energy, including $50.00K salary and $5.11M in stock. Most recently acquired 80,000 shares in Jan 2014. Currently holds stock worth $51.00M. Led Gulfport Energy as CEO for 8 years.
Compensation History
Annual executive compensation data for James D. Palm, including salary, bonuses, and stock awards.
Year
2014
Total Compensation
$6.98M
Salary
$50.00K
Bonus
$0.00
Other
$1.82M
Salary
$50.00KBoard Justification
The compensation philosophy aims to attract and retain key executives, align their interests with those of stockholders, and motivate individual performance.
Bonus
$0.00Board Justification
No bonus was awarded to Mr. Palm in 2014 as he retired in February 2014.
Other Compensation
$1.82MBoard Justification
Includes $1,800,000 in severance payments received by Mr. Palm in connection with his retirement effective February 15, 2014.
Restricted Stock
Board Justification
80,000 shares of restricted stock units granted in connection with his retirement, vesting in three equal installments starting February 15, 2015.
Performance Metrics
Performance metrics for 2014 included growth in EBITDA, estimated proved reserves, and oil and natural gas production.
James D. Palm
Founder and Ex-CEO of Gulfport Energy
Education
Bachelor of Science in Mechanical Engineering, Masters in Business Administration from Oklahoma State University
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Energy
Born
January 1, 1953 - 72 years ago
CEO of Gulfport Energy for
8 years 4 months (Dec 2005 - Apr 2014)
Previous Experience
Manager and owner of Crescent Exploration, LLC; Chairman of the Oklahoma Energy Resources Board; President of the Oklahoma Independent Petroleum Association.
Other Gulfport Energy CEOs
Holdings
Track James D. Palm's stock holdings and portfolio value over time.
Insider Trading
James D. Palm's recent stock transactions, purchases, and sales filed with the SEC.
80,000 shares
GPOR
Jan 31, 2014
Received
$6.18M
GPOR at $49.46/share
May 28, 2013
Sale
50,000 shares
GPOR
Feb 25, 2013
Received
67,500 shares
GPOR
Feb 21, 2012
Received
$900.00K
GPOR at $36.00/share
Nov 16, 2011
Sale
$875.39K
GPOR at $35.02/share
Nov 8, 2011
Sale
$650.00K
GPOR at $26.00/share
Feb 3, 2011
Sale
$121.85K
GPOR at $21.92/share
Dec 30, 2010
Sale
Rivals
Compare James D. Palm with competitor CEOs and industry peers.
Joseph Wm. Foran
Founder and CEO of Matador Resources
2023 Compensation
Stock
$11.09M
Salary
$1.35M
Bonus
$3.11M
Other
$25.70K
Total Holdings
$248.76M
Paul M. Rady
CEO of Antero Resources
2023 Compensation
Stock
$0.00
Salary
$1.07M
Bonus
$0.00
Other
$14.75K
Total Holdings
$1.60B
Thomas E. Jorden
CEO of Coterra Energy
2023 Compensation
Stock
$18.02M
Salary
$1.13M
Bonus
$2.00M
Other
$351.13K
Total Holdings
$17.22M
Brendan McCracken
CEO of Ovintiv
2023 Compensation
Stock
$3.86M
Salary
$1.10M
Bonus
$2.54M
Other
$407.55K
Total Holdings
$7.57M