In 2011, T. Jay Collins earned $1.23M in total compensation at Oceaneering International, primarily from $807.69K salary. Led Oceaneering International as CEO for 4 years.
Compensation History
Annual executive compensation data for T. Jay Collins, including salary, bonuses, and stock awards.
Year
2011
Total Compensation
$1.23M
Salary
$807.69K
Bonus
$0.00
Other
$426.85K
Salary
$807.69KBoard Justification
Our executive compensation program is designed to attract and retain key executives, motivate them to achieve our short-term and long-term objectives without subjecting us to excessive and unnecessary risks, and reward them for superior performance.
Bonus
$0.00Board Justification
The Committee also awarded additional merit bonuses to Messrs. McEvoy, Migura, Haubenreich and Kerins, which are reflected in the “Bonus” column of the “Summary Compensation Table” below, in recognition of their leadership which contributed to our achieving a record level of net income for 2011.
Other Compensation
$426.85KBoard Justification
SERP contribution and other benefits
Restricted Stock
Board Justification
One-third of the awards to Messrs. McEvoy, Collins, Migura and Haubenreich vested in December 2011, as a result of each of them having met the applicable age and years of service requirements.
Performance Metrics
The cash bonus award opportunities under that program for our Named Executive Officers have generally been based on a comparison of our net income for the year to target net income for that year.
T. Jay Collins
Ex-CEO of Oceaneering International
Sector of Economy
Energy
CEO of Oceaneering International for
4 years 11 months (May 2006 - May 2011)
Previous Experience
Unknown
Other Oceaneering International CEOs
Holdings
Track T. Jay Collins's stock holdings and portfolio value over time.
Insider Trading
T. Jay Collins's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
Compare T. Jay Collins with competitor CEOs and industry peers.
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