R.M. Lance received $23.1M in total compensation as Chairman and Chief Executive Officer of CONOCOPHILLIPS in FY2024. The largest component was $15.4M in stock awards. That’s up 11% from FY2023. Source: SEC DEF 14A.
Executive Compensation Summary for CONOCOPHILLIPS
R.M. Lance Salary and Compensation - CONOCOPHILLIPS CEO Pay 2024
In fiscal year 2024, R.M. Lance, Chairman and Chief Executive Officer of CONOCOPHILLIPS (COP), received total compensation of $23.1 million.
R.M. Lance's compensation breakdown includes: base salary of $1.8 million, stock awards valued at $15.4 million, non-equity incentive compensation of $3.5 million, and other compensation of $530K.
Compared to fiscal year 2023, R.M. Lance's total compensation increased 11% from $20.8 million to $23.1 million.
CONOCOPHILLIPS (COP) Executive Pay 2024
CONOCOPHILLIPS's top 5 named executive officers received combined total compensation of $54.3 million in fiscal year 2024.
The named executive officers disclosed in CONOCOPHILLIPS's 2024 proxy statement are:R.M. Lance (Chairman and Chief Executive Officer) with total compensation of $23.1 million, W.L. Bullock (Jr. Executive Vice President and Chief Financial Officer) with total compensation of $11.2 million, N.G. Olds (Executive Vice President Lower) with total compensation of $9.2 million, K.B. Rose (Senior Vice President Legal, General Counsel and Corporate Secretary) with total compensation of $6.1 million, and A.M. O’Brien (Senior Vice President Strategy, Commercial, Sustainability and Technology) with total compensation of $4.7 million.