Devon Energy Management
Management criteria checks 2/4
Devon Energy's CEO is Rick Muncrief, appointed in Jan 2021, has a tenure of 3.08 years. total yearly compensation is $14.52M, comprised of 7.8% salary and 92.2% bonuses, including company stock and options. directly owns 0.29% of the company’s shares, worth CHF66.56M. The average tenure of the management team and the board of directors is 5.1 years and 3.9 years respectively.
Key information
Rick Muncrief
Chief executive officer
US$14.5m
Total compensation
CEO salary percentage | 7.8% |
CEO tenure | 3.1yrs |
CEO ownership | 0.3% |
Management average tenure | 5.1yrs |
Board average tenure | 3.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
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$3b |
Compensation vs Market: Rick's total compensation ($USD14.52M) is above average for companies of similar size in the Swiss market ($USD6.83M).
Compensation vs Earnings: Rick's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Rick Muncrief (64 yo)
3.1yrs
Tenure
US$14,524,777
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 | 3.1yrs | US$14.52m | 0.29% $ 66.6m | |
Executive VP & CFO | 6.8yrs | US$5.65m | 0.070% $ 16.1m | |
Executive VP & COO | 3.1yrs | US$6.50m | 0.12% $ 26.8m | |
Executive VP & General Counsel | 3.1yrs | US$3.73m | 0.042% $ 9.5m | |
Executive VP & Chief Corporate Development Officer | 3.1yrs | US$5.62m | 0.057% $ 13.0m | |
Co-Founder & Chairman Emeritus | no data | US$155.18k | no data | |
Senior VP & Chief Accounting Officer | 9.8yrs | no data | 0.022% $ 5.0m | |
VP of Corporate Finance & Treasurer | 6.8yrs | no data | no data | |
VP & CTO | 5.1yrs | no data | no data | |
Executive Vice President of Human Resources & Administration | 8yrs | US$3.87m | 0.021% $ 4.9m | |
Vice President of Investor Relations | 7.3yrs | no data | no data | |
Vice President of Marketing & Midstream | 1.7yrs | no data | no data |
5.1yrs
Average Tenure
50.5yo
Average Age
Experienced Management: DY6's management team is seasoned and experienced (5.1 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 3.1yrs | US$14.52m | 0.29% $ 66.6m | |
Co-Founder & Chairman Emeritus | 7.7yrs | US$155.18k | no data | |
Independent Director | 10.1yrs | US$355.05k | 0.015% $ 3.4m | |
Independent Director | 5.7yrs | US$342.05k | 0.0076% $ 1.7m | |
Independent Director | 14.8yrs | US$345.05k | 0.012% $ 2.8m | |
Independent Director | 1.1yrs | no data | 0.00097% $ 222.4k | |
Lead Independent Director | 3.1yrs | US$364.55k | 0.010% $ 2.3m | |
Independent Chair of the Board | 10.1yrs | US$347.05k | 0.012% $ 2.7m | |
Independent Director | 3.1yrs | US$330.05k | 0.0087% $ 2.0m | |
Independent Director | 4.7yrs | US$340.05k | 0.0049% $ 1.1m | |
Independent Director | 3.1yrs | US$355.05k | 0.0013% $ 307.2k | |
Independent Director | 1.1yrs | no data | 0.00097% $ 222.4k |
3.9yrs
Average Tenure
65yo
Average Age
Experienced Board: DY6's board of directors are considered experienced (3.9 years average tenure).