In 2019, Mark McCollum earned $4.60M in total compensation at Weatherford International, including $1.00M salary and $3.37M bonus. Led Weatherford International as CEO for 3 years.
Compensation History
Annual executive compensation data for Mark McCollum, including salary, bonuses, and stock awards.
Year
2019
Total Compensation
$4.60M
Salary
$1.00M
Bonus
$3.37M
Other
$236.43K
Salary
$1.00MBoard Justification
The compensation program is designed to align executive compensation with performance, support key financial and strategic objectives, and attract and retain key talent while limiting non-performance based entitlements.
Bonus
$3.37MBoard Justification
The bonus was based on the Executive Bonus Plan (EBP) for 2019, which provided a cash target bonus opportunity set by the Compensation Committee, with actual payouts based on performance metrics.
Other Compensation
$236.43KBoard Justification
Other compensation includes matching contributions to retirement plans and life insurance premiums.
Restricted Stock
Board Justification
No stock awards were granted or vested in 2019 due to the company's financial restructuring and low share prices.
Performance Metrics
The performance metrics for the bonus were based on overall company performance and achievement of specific quarterly and cumulative goals set by the Compensation Committee.
Mark McCollum
Ex-CEO of Weatherford International
Education
Not specified
Field of Expertise
Energy & Utilities - Energy
Sector of Economy
Energy
Born
January 1, 1960 - 65 years ago
CEO of Weatherford International for
3 years 3 months (Mar 2017 - Jun 2020)
Previous Experience
Chief Financial Officer at Halliburton Company
Holdings
Track Mark McCollum's stock holdings and portfolio value over time.
Insider Trading
Mark McCollum's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
Compare Mark McCollum 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
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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