Top 10 Highest-Paid CEOs in the Energy Industry
The energy industry encompasses various sectors involved in the production, distribution, and consumption of energy resources, which play a vital role in powering economies, industries, and everyday life. This industry is constantly evolving and heavily influenced by various complex factors, such as technological advancements, environmental concerns, and geopolitical dynamics. The energy industry comprises multiple sub-industries, including oil and gas, electric utilities, renewable energy, nuclear power, and more. Understanding the salaries of top CEOs in the energy sector provides valuable insights into market dynamics, the competitive landscape, and the importance of executive compensation planning.
For the purposes of this examination, base salary serves as the metric since it is predetermined and the most fixed among the various forms of executive compensation. Other pay, defined as excess benefits and perquisites greater than $10,000, is the second most common form of CEO compensation and is also included in the table below. Learn more about top 10 executive compensation in different industries, including the top 10 highest-paid medical professionals in nonprofit health care and the top 10 highest-paid CEOs in technology.
|
Company |
Name |
Title |
Salary |
Other Pay |
|
Centennial Resource Development Inc |
James Walter |
Director and Co-Chief Executive Officer |
--- |
$25,512,520 |
|
Centennial Resource Development Inc |
William Hickey |
Director and Co-Chief Executive Officer |
--- |
$25,512,520 |
|
Antero Resources Corp |
Paul Rady |
Chairman of the Board, Chief Executive Officer, and President of Antero Resources and Antero Midstream |
$942,500 |
$23,699,321 |
|
Chevron Corp |
Michael Wirth |
Chairman of the Board and Chief Executive Officer |
$1,689,583 |
$21,884,342 |
|
Halliburton Co |
Jeffrey Miller |
Chairman of the Board, Chief Executive Officer, and President |
$1,500,000 |
$21,902,317 |
|
Cheniere Energy Inc |
Jack Fusco |
Director, President, and Chief Executive Officer |
$1,500,000 |
$21,108,390 |
|
Marathon Petroleum Corp |
Michael Hennigan |
Director, President, and Chief Executive Officer; Chairman of the Board of MPLX |
$1,675,343 |
$19,613,189 |
|
ConocoPhillips |
Ryan Lance |
Chairman of the Board and Chief Executive Officer |
$1,685,833 |
$18,286,506 |
|
Pioneer Natural Resources Co |
Scott Sheffield |
Director and Chief Executive Officer |
$1,292,310 |
$17,763,544 |
|
Phillips 66 |
Greg Garland |
Executive Chairman of the Board |
$1,337,504 |
$16,892,413 |
Building total compensation packages for top executive employees can vary considerably across organizations due to a variety of complex factors. Learn more about executive compensation at ERI SalaryExpert and find out how energy compensation compares to other industries, considering total compensation factors, such as salary, stock, incentives, bonuses, and more.