Friday, September 6, 2019

Houston, Texas-Based National Oilwell Varco Inc's Top-Tier Executives Average Pay Raise Was an Exceptionally Clean, Robust 13.1% Per Year During the Past Ten Years (2009-2018)

From annual compensation information contained in Company Proxy Statement filings with the US SEC, the chart below shows National Oilwell Varco's Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the past ten years.


FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
  Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
National Oilwell Varco 2018 2017 2017 2016 2016 2015 2015 2014 2014 2013
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Williams CEO     13,828     12,686     12,686     10,581     10,581     10,055     10,055     10,863     10,863       6,371
Bayardo CFO       5,062       5,831       5,831       3,826  N/A   N/A     
Rovig President Rig Technologies       3,726       3,981       3,981       2,688       2,688       2,894       2,894       2,691    
Weinstock General Counsel       3,317       3,565       3,565       2,430       2,430       2,118       2,118       1,550    
Duff Chief Accounting Officer       2,953       3,153       3,153       1,960       1,960       1,529       1,529       1,200    
Thigpen Former CFO  N/A   N/A        3,774       4,353
Miller Former CEO  N/A   N/A 
Rettig Former General Counsel  N/A   N/A 
Blanchard Former Chief Accounting Officer  N/A   N/A 
 Totals      28,886     29,216     29,216     21,485     17,659     16,596     16,596     16,304     14,637     10,724
Annual % Change vs Prior Year -1.1% 36.0% 6.4% 1.8% 36.5%
5 Year Average Per Year % Change 15.9%
FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
National Oilwell Varco 2013 2012 2012 2011 2011 2010 2010 2009 2009 2008
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Williams CEO       6,371       4,624       4,624       4,388       4,388       3,344       3,344       2,750       2,750       3,607
Thigpen Former CFO       4,353       3,070    
Miller Former CEO     12,288     10,137     10,137       9,832       9,832       9,251       9,251       7,019       7,019       9,759
Rettig Former General Counsel       3,971       2,813       2,813       2,719       2,719       2,245       2,245       1,718       1,718       2,211
Blanchard Former Chief Accounting Officer       2,599       1,986       1,986       2,010       2,051       1,800       1,800       1,415       1,415       1,841
Reese President Rig Technology       2,928       2,787       2,787       2,312       2,312       2,322       2,322       2,199
 Totals      29,582     22,630     22,488     21,736     21,777     18,952     18,952     15,224     15,224     19,617
Annual % Change vs Prior Year 30.7% 3.5% 14.9% 24.5% -22.4%
5 Year Average Per Year % Change 10.2%
10 Year Average Per Year % Change 13.1%