Devon Energy Management
Management criteria checks 3/4
Devon Energy's CEO is Rick Muncrief, appointed in Jan 2021, has a tenure of 3.83 years. total yearly compensation is $14.88M, comprised of 8.3% salary and 91.7% bonuses, including company stock and options. directly owns 0.29% of the company’s shares, worth R$439.83M. The average tenure of the management team and the board of directors is 3.8 years and 4.6 years respectively.
Key information
Rick Muncrief
Chief executive officer
US$14.9m
Total compensation
| CEO salary percentage | 8.3% |
| CEO tenure | 3.8yrs |
| CEO ownership | 0.3% |
| Management average tenure | 3.8yrs |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$3b |
| Jun 30 2024 | n/a | n/a | US$4b |
| Mar 31 2024 | n/a | n/a | US$3b |
| Dec 31 2023 | US$15m | US$1m | US$4b |
| Sep 30 2023 | n/a | n/a | US$4b |
| Jun 30 2023 | n/a | n/a | US$5b |
| Mar 31 2023 | n/a | n/a | US$6b |
| Dec 31 2022 | US$15m | US$1m | US$6b |
| Sep 30 2022 | n/a | n/a | US$6b |
| Jun 30 2022 | n/a | n/a | US$5b |
| Mar 31 2022 | n/a | n/a | US$4b |
| Dec 31 2021 | US$12m | US$1m | US$3b |
Compensation vs Market: Rick's total compensation ($USD14.88M) is above average for companies of similar size in the BR market ($USD5.74M).
Compensation vs Earnings: Rick's compensation has been consistent with company performance over the past year.
CEO
Rick Muncrief (65 yo)
3.8yrs
Tenure
US$14,883,151
Compensation
Mr. Richard E. Muncrief, also known as Rick, serves as Independent Director at The Williams Companies, Inc. since March 01, 2022. He serves as President, Chief Executive Officer & Director at Devon Energy...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.8yrs | US$14.88m | 0.29% R$ 439.8m | |
| Executive VP & CFO | 7.6yrs | US$5.72m | 0.064% R$ 96.3m | |
| Executive VP & COO | 3.8yrs | US$6.34m | 0.11% R$ 159.4m | |
| Executive VP & General Counsel | 3.8yrs | US$4.21m | 0.039% R$ 58.6m | |
| Executive VP & Chief Corporate Development Officer | 3.8yrs | US$5.74m | 0.051% R$ 76.4m | |
| Co-Founder & Chairman Emeritus | no data | US$155.18k | no data | |
| VP of Accounting | less than a year | no data | 0.0013% R$ 1.9m | |
| Vice President of Corporate Finance & Treasurer | less than a year | no data | no data | |
| VP & CTO | 5.8yrs | no data | no data | |
| Executive Vice President of Human Resources & Administration | 8.8yrs | US$3.87m | 0.016% R$ 23.9m | |
| Vice President of Investor Relations | less than a year | no data | no data | |
| Vice President of Marketing & Midstream | 2.4yrs | no data | no data |
3.8yrs
Average Tenure
52yo
Average Age
Experienced Management: D1VN34's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.8yrs | US$14.88m | 0.29% R$ 439.8m | |
| Co-Founder & Chairman Emeritus | 8.4yrs | US$155.18k | no data | |
| Independent Chair of the Board | 10.8yrs | US$355.03k | 0.016% R$ 24.1m | |
| Independent Director | 6.4yrs | US$342.03k | 0.0082% R$ 12.3m | |
| Independent Director | 15.6yrs | US$357.86k | 0.013% R$ 19.1m | |
| Independent Director | 1.8yrs | US$434.18k | 0.00095% R$ 1.4m | |
| Lead Independent Director | 3.8yrs | US$358.06k | 0.0099% R$ 14.9m | |
| Independent Director | 10.8yrs | US$550.04k | 0.012% R$ 18.8m | |
| Independent Director | 3.8yrs | US$340.03k | 0.0093% R$ 13.9m | |
| Independent Director | 5.4yrs | US$340.03k | 0.0055% R$ 8.3m | |
| Independent Director | 3.8yrs | US$355.03k | 0.0013% R$ 2.0m | |
| Independent Director | 1.8yrs | US$433.43k | 0.00095% R$ 1.4m |
4.6yrs
Average Tenure
66yo
Average Age
Experienced Board: D1VN34's board of directors are considered experienced (4.6 years average tenure).