Devon Energy Corporation

BRSE:DY6 Stock Report

Market Cap: CHF22.9b

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 percentage7.8%
CEO tenure3.1yrs
CEO ownership0.3%
Management average tenure5.1yrs
Board average tenure3.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rick Muncrief's remuneration changed compared to Devon Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2023n/an/a

US$4b

Jun 30 2023n/an/a

US$5b

Mar 31 2023n/an/a

US$6b

Dec 31 2022US$15mUS$1m

US$6b

Sep 30 2022n/an/a

US$6b

Jun 30 2022n/an/a

US$5b

Mar 31 2022n/an/a

US$4b

Dec 31 2021US$12mUS$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

NamePositionTenureCompensationOwnership
Richard Muncrief
President3.1yrsUS$14.52m0.29%
$ 66.6m
Jeffrey Ritenour
Executive VP & CFO6.8yrsUS$5.65m0.070%
$ 16.1m
Clay Gaspar
Executive VP & COO3.1yrsUS$6.50m0.12%
$ 26.8m
Dennis Cameron
Executive VP & General Counsel3.1yrsUS$3.73m0.042%
$ 9.5m
David Harris
Executive VP & Chief Corporate Development Officer3.1yrsUS$5.62m0.057%
$ 13.0m
J. Nichols
Co-Founder & Chairman Emeritusno dataUS$155.18kno data
Jeremy Humphers
Senior VP & Chief Accounting Officer9.8yrsno data0.022%
$ 5.0m
Alana Tetrick
VP of Corporate Finance & Treasurer6.8yrsno datano data
Trey Lowe
VP & CTO5.1yrsno datano data
Tana Cashion
Executive Vice President of Human Resources & Administration8yrsUS$3.87m0.021%
$ 4.9m
Scott Coody
Vice President of Investor Relations7.3yrsno datano data
Greg Horne
Vice President of Marketing & Midstream1.7yrsno datano 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

NamePositionTenureCompensationOwnership
Richard Muncrief
President3.1yrsUS$14.52m0.29%
$ 66.6m
J. Nichols
Co-Founder & Chairman Emeritus7.7yrsUS$155.18kno data
John Bethancourt
Independent Director10.1yrsUS$355.05k0.015%
$ 3.4m
John Krenicki
Independent Director5.7yrsUS$342.05k0.0076%
$ 1.7m
Robert Mosbacher
Independent Director14.8yrsUS$345.05k0.012%
$ 2.8m
Michael Mears
Independent Director1.1yrsno data0.00097%
$ 222.4k
Kelt Kindick
Lead Independent Director3.1yrsUS$364.55k0.010%
$ 2.3m
Barbara Baumann
Independent Chair of the Board10.1yrsUS$347.05k0.012%
$ 2.7m
Karl Kurz
Independent Director3.1yrsUS$330.05k0.0087%
$ 2.0m
Ann Fox
Independent Director4.7yrsUS$340.05k0.0049%
$ 1.1m
Valerie Williams
Independent Director3.1yrsUS$355.05k0.0013%
$ 307.2k
Gennifer Kelly
Independent Director1.1yrsno data0.00097%
$ 222.4k

3.9yrs

Average Tenure

65yo

Average Age

Experienced Board: DY6's board of directors are considered experienced (3.9 years average tenure).


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