Saturday, January 25, 2020

Denver, Colorado-Based Oil & Gas Co Centennial Resource Development's Top-Tier Executives Average Annual Pay and Employee Benefits Increase Was a Completely Off-the-Charts 169.2% Per Year During the Past Three Years Since Going Public in 2016

From annual compensation information contained in Proxy Statement filings with the US SEC, the chart below shows Centennial Resource Development's Top-Tier Executives Annual Total Compensation for each of the two consecutive full years of employment for the past three years since going public in 2016.

Centennial Resource Development's Top-Tier Executives Average Annual Pay and Employee Benefits Increase was a completely off-the-charts 169.2% per year during these past three years.

  FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec
Centennial Resource Development 2018 2017 2017 2016 2016 2015
Top-Tier Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
 Papa CEO        2,693     10,005     10,005       7,508    
 Glyphis        3,262       3,162       3,162       2,253       2,253          369
 Smith CFO        4,111       3,926       3,926       2,610    
 Totals      10,066     17,093     17,093     12,371       2,253          369
Annual % Change vs Prior Year -41.1% 38.2% 510.6%
3 Year Average Per Year % Change 169.2%