Sundar PichaiSundar Pichai earned $164M in 2023

Krishna Shivram, born in 1966 and educated as a Chartered Accountant, has made a significant mark in the finance and oilfield service industries. Before stepping in as interim CEO of Weatherford International in late 2016, he held the position of...

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Krishna Shivram

Ex-CEO of Weatherford International

Education

Chartered Accountant

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Energy

Born

November 1, 1966 - 58 years ago

CEO of Weatherford International for

0 years 3 months (Nov 2016 - Mar 2017)

Previous Experience

Chief Financial Officer at Weatherford International plc

Holdings

See how much did Krishna Shivram make over time.

Krishna Shivram's stock holdings in Weatherford International have seen significant fluctuations, showing a clear strategy of active investment in his own company's future. He has demonstrated savvy trading skills, peaking with insider trades valued at approximately $106.78 million in July...

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Insider Trading

See recent insider trades of Krishna Shivram.

No insider trades found for this CEO.

Compensation History

See how much did Krishna Shivram make over time.

In 2016, Krishna Shivram had a total compensation of $448,827, which was substantially lower than in past years due to the company's struggles. However, it included a significant bonus of around $230,434 for his interim CEO role. His base salary that year was $693,750, reflecting a cut alongside other executives as part of cost reduction strategies in a tough market. By 2017, as he exited the role, he earned around $11.42 million in vested stocks and other payments, culminating his brief yet impactful leadership at Weatherford.

Year

2017

Total Compensation

$11.51M

Salary

$137.33K

Board Justification

The compensation philosophy is designed to align executive compensation with performance, ensuring that a significant portion of pay is at risk and tied to the achievement of strategic and operational goals.

Bonus

$663.89K

Board Justification

Mr. Shivram received a supplemental quarterly cash payment of $400,000 prorated from November 9, 2016 until his departure in March 2017 in connection with his actions as interim CEO. He was also awarded $375,000 for his significant contributions to the Company during his service as interim CEO.

Other

$5.46M

Board Justification

Other compensation includes accrued vacation pay and additional payments related to his departure from the Company.

Restricted Stock

$5.25M(905.56K RSU)

Board Justification

Mr. Shivram received a gross distribution of 731,971 ordinary shares of the Company with respect to RSUs and PSUs upon his departure in March 2017. The value realized on vesting was calculated based on the market value of the underlying shares on the date of vesting.

Performance Metrics

The performance metrics for determining compensation included revenue growth, EBITDA, free cash flow, and individual performance objectives.