In 2017, Krishna Shivram earned $11.51M in total compensation at Weatherford International, including $137.33K salary, $663.89K bonus and $5.25M in stock.
Compensation History
Annual executive compensation data for Krishna Shivram, including salary, bonuses, and stock awards.
Year
2017
Total Compensation
$11.51M
Salary
$137.33K
Bonus
$663.89K
Other
$5.46M
Salary
$137.33KBoard 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
$663.89KBoard 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 Compensation
$5.46MBoard Justification
Other compensation includes accrued vacation pay and additional payments related to his departure from the Company.
Restricted Stock
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.
Krishna Shivram
Ex-CEO of Weatherford International
Education
Chartered Accountant
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Energy
Born
November 1, 1966 - 59 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
Track Krishna Shivram's stock holdings and portfolio value over time.
Insider Trading
Krishna Shivram's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
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