Devon Energy Management
Management criteria checks 3/4
Devon Energy's CEO is Rick Muncrief, appointed in Jan 2021, has a tenure of 3.25 years. total yearly compensation is $14.88M, comprised of 8.3% salary and 91.7% bonuses, including company stock and options. directly owns 0.28% of the company’s shares, worth $92.35M. The average tenure of the management team and the board of directors is 3.3 years and 4 years respectively.
Key information
Rick Muncrief
Chief executive officer
US$14.9m
Total compensation
CEO salary percentage | 8.3% |
CEO tenure | 3.3yrs |
CEO ownership | 0.3% |
Management average tenure | 3.3yrs |
Board average tenure | 4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
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 UK market ($USD5.62M).
Compensation vs Earnings: Rick's compensation has been consistent with company performance over the past year.
CEO
Rick Muncrief (64 yo)
3.3yrs
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 | 3.3yrs | US$14.88m | 0.28% $ 92.3m | |
Executive VP & CFO | 7yrs | US$5.72m | 0.066% $ 22.2m | |
Executive VP & COO | 3.3yrs | US$6.34m | 0.11% $ 36.7m | |
Executive VP & General Counsel | 3.3yrs | US$4.21m | 0.040% $ 13.5m | |
Executive VP & Chief Corporate Development Officer | 3.3yrs | US$5.74m | 0.053% $ 17.6m | |
Co-Founder & Chairman Emeritus | no data | US$155.18k | no data | |
VP of Accounting | less than a year | no data | 0.0013% $ 446.8k | |
VP & CTO | 5.3yrs | no data | no data | |
Executive Vice President of Human Resources & Administration | 8.2yrs | US$3.87m | 0.020% $ 6.5m | |
Vice President of Investor Relations | 7.5yrs | no data | no data | |
Vice President of Marketing & Midstream | 1.8yrs | no data | no data | |
VP of Corporate Governance | 6.3yrs | no data | no data |
3.3yrs
Average Tenure
51yo
Average Age
Experienced Management: 0I8W's management team is considered experienced (3.3 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 3.3yrs | US$14.88m | 0.28% $ 92.3m | |
Co-Founder & Chairman Emeritus | 7.8yrs | US$155.18k | no data | |
Independent Director | 10.3yrs | US$355.03k | 0.015% $ 5.0m | |
Independent Director | 5.8yrs | US$342.03k | 0.0077% $ 2.6m | |
Independent Director | 15yrs | US$357.86k | 0.012% $ 4.1m | |
Independent Director | 1.3yrs | US$434.18k | 0.00098% $ 326.8k | |
Lead Independent Director | 3.3yrs | US$358.06k | 0.010% $ 3.4m | |
Independent Chair of the Board | 10.3yrs | US$550.04k | 0.012% $ 4.0m | |
Independent Director | 3.3yrs | US$340.03k | 0.0088% $ 2.9m | |
Independent Director | 4.8yrs | US$340.03k | 0.0050% $ 1.7m | |
Independent Director | 3.3yrs | US$355.03k | 0.0014% $ 453.5k | |
Independent Director | 1.3yrs | US$433.43k | 0.00098% $ 326.8k |
4.0yrs
Average Tenure
65yo
Average Age
Experienced Board: 0I8W's board of directors are considered experienced (4 years average tenure).