Sunday, September 1, 2019

Houston, Texas-Based Occidental Petroleum's Top-Tier Executives Average Pay Raise Was a Messy, Robust 14.3% Per Year During the Past Ten Years (2009-2018). It's Good to See the CEO of a Large Oil & Gas Company Being a Woman and She Appears To Be a Fine CEO.

From annual compensation information contained in Company Proxy Statement filings with the US SEC, the chart below shows Occidental Petroleum'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
Occidental Petroleum 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
Vicki Hollub CEO     14,106     12,676     12,676     12,998     12,998       5,596       5,596       3,661    
Edward Lowe EVP Middle East       5,333       6,475       6,475       5,532       5,532       4,193       4,193       3,984       3,984       6,211
Marcia Backus General Counsel       5,176       5,043       5,043       5,625       5,625       3,135    
Cedric Burgher CFO  N/A   N/A 
Glenn Vangolen SVP Business Support       4,821       4,612       4,612       4,537    
Christopher Stavros Former CFO  N/A   N/A        5,695       4,258       4,258       2,351    
Stephen Chazen Former CEO       3,284       6,795       6,795       6,793       6,793       6,887
Willie Chiang EVP Operations       4,274       6,765
Cynthia Walker SVP Strategy & Development       2,562       3,592
 Totals      29,436     28,806     28,806     28,692     33,134     23,977     20,842     16,789     17,613     23,455
Annual % Change vs Prior Year 2.2% 0.4% 38.2% 24.1% -24.9%
5 Year Average Per Year % Change 8.0%
FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Occidental Petroleum 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
Vicki Hollub CEO    
Edward Lowe EVP Middle East       6,211       6,761       6,761       5,651       5,651       4,389    
Stephen Chazen Former CEO       6,887     28,519     28,519     31,727     31,727     38,080     38,080     13,485     13,485       9,650
Willie Chiang EVP Operations  N/A   N/A     
Cynthia Walker SVP Strategy & Development  N/A   N/A     
Donald de Brier Corporate EVP       5,986       7,249       7,249       7,791       7,791       9,739       9,739       3,553       3,553       2,806
Ray Irani Former Executive Chairman     20,649     45,609     45,609     49,767     49,767     76,107     76,107     31,401     31,401     22,528
William Albrecht President Americas Oil&Gas       6,717       7,049       7,049       4,437       4,437       2,842    
James Lienert EVP Business Support       4,327       4,327       4,327       3,228    
Casey Olson EVP       2,798       2,663
 Totals      39,733     88,138     99,182   106,312   106,312   135,980   128,363     51,281     51,237     37,647
Annual % Change vs Prior Year -54.9% -6.7% -21.8% 150.3% 36.1%
5 Year Average Per Year % Change 20.6%
10 Year Average Per Year % Change 14.3%