People: Pioneer Natural Resources Company (PXD)
PXD on New York Consolidated
44.97USD
10:54am EST
44.97USD
10:54am EST
Price Change (% chg)
$-1.34 (-2.89%)
$-1.34 (-2.89%)
Prev Close
$46.31
$46.31
Open
$46.20
$46.20
Day's High
$46.20
$46.20
Day's Low
$44.58
$44.58
Volume
1,045,617
1,045,617
Avg. Vol
2,084,522
2,084,522
52-wk High
$54.03
$54.03
52-wk Low
$11.88
$11.88
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
| Sheffield, Scott | 56 | 2004 | Chairman of the Board, Chief Executive Officer |
| Dove, Timothy | 52 | 2004 | President, Chief Operating Officer |
| Dealy, Richard | 43 | 2004 | Chief Financial Officer, Executive Vice President |
| Berg, Mark | 50 | 2005 | Executive Vice President, General Counsel |
| Kellum, Danny | 54 | 2000 | Executive Vice President - Domestic Operations |
| Cheatwood, Chris | 48 | 2007 | Executive Vice President - Geoscience |
| Hannes, William | 49 | 2007 | Executive Vice President - Business Development |
| Still, Jay | 46 | 2007 | Executive Vice President - Domestic Operations |
| McManus, David | 54 | 2007 | Executive Vice President - International Operations |
| Hall, Frank | 58 | 2008 | Vice President, Chief Accounting Officer |
| Gardner, R. Hartwell | 74 | 1997 | Director |
| Ramsey, Charles | 72 | 1997 | Director |
| Buchanan, Edison | 54 | 2002 | Director |
| Watson, Jim | 70 | 2004 | Director |
| Lundquist, Andrew | 48 | 2004 | Director |
| Risch, Frank | 66 | 2005 | Director |
Biographies
| Name | Description |
|---|---|
| Sheffield, Scott | Scott D. Sheffield serves as Chairman of the Board of Directors and Chief Executive Officer of Pioneer Natural Resources Co. Mr. Sheffield, a distinguished graduate of The University of Texas with a Bachelor of Science degree in Petroleum Engineering, has held the position of Chief Executive Officer since August 1997. He was President of the Company from August 1997 to November 2004 and assumed the position of Chairman of the Board of Directors in August 1999. He was the Chairman of the Board of Directors and Chief Executive Officer of Parker & Parsley Petroleum Company, a predecessor of the Company (“Parker & Parsley”), from October 1990 until the Company was formed in August 1997. Mr. Sheffield joined Parker & Parsley Development Company (“PPDC”), a predecessor of Parker & Parsley, as a petroleum engineer in 1979. Mr. Sheffield served as Vice President - Engineering of PPDC from September 1981 until April 1985, when he was elected President and a Director. In March 1989, Mr. Sheffield was elected Chairman of the Board of Directors and Chief Executive Officer of PPDC. Before joining PPDC, Mr. Sheffield was employed as a production and reservoir engineer for Amoco Production Company. |
| Dove, Timothy | Timothy L. Dove serves as President and Chief Operating Officer of Pioneer Natural Resources Co. Mr. Dove was elected President and Chief Operating Officer in November 2004. Prior to that, Mr. Dove held the positions of Executive Vice President and Chief Financial Officer from February 2000 to November 2004 and Executive Vice President - Business Development from August 1997 to January 2000. Mr. Dove joined Parker & Parsley in May 1994 as Vice President - International and was promoted to Senior Vice President - Business Development in October 1996, in which position he served until August 1997. Before joining Parker & Parsley, Mr. Dove was employed with Diamond Shamrock Corp., and its successor, Maxus Energy Corp., in various capacities in international exploration and production, marketing, refining, and planning and development. Mr. Dove earned a Bachelor of Science degree in Mechanical Engineering from Massachusetts Institute of Technology in 1979 and received his Master of Business Administration in 1981 from the University of Chicago. |
| Dealy, Richard | Richard P. Dealy serves as Executive Vice President and Chief Financial Officer of Pioneer Natural Resources Co. Mr. Dealy was elected Executive Vice President and Chief Financial Officer in November 2004. Prior to that time, Mr. Dealy held positions of Vice President and Chief Accounting Officer from February 1998 and Vice President and Controller from August 1997 to January 1998. Mr. Dealy joined Parker & Parsley in July 1992 and was promoted to Vice President and Controller in 1995, in which position he served until August 1997. He is a Certified Public Accountant, and prior to joining Parker & Parsley, he was employed by KPMG LLP. Mr. Dealy graduated with honors from Eastern New Mexico University with a Bachelor of Business Administration degree in Accounting and Finance. |
| Berg, Mark | Mark S. Berg serves as Executive Vice President, General Counsel of Pioneer Natural Resources Co. Mr. Berg was elected Executive Vice President and General Counsel in April 2005. Prior to that, Mr. Berg served as Executive Vice President, General Counsel and Secretary of American General Corporation, a Fortune 200 diversified financial services company, from 1997 through 2002. Subsequent to the sale of American General to American International Group, Inc., Mr. Berg joined Hanover Compressor Company as Senior Vice President, General Counsel and Secretary. He served in that capacity from May 2002 through April 2004. Mr. Berg began his career in 1983 with the Houston-based law firm of Vinson & Elkins L.L.P. He was a partner with the firm from 1990 through 1997. Mr. Berg graduated Magna Cum Laude and Phi Beta Kappa with a Bachelor of Arts degree from Tulane University in 1980. He earned his Juris Doctorate with honors from the University of Texas Law School in 1983. |
| Kellum, Danny | Danny L. Kellum serves as Executive Vice President, Domestic Operations of Pioneer Natural Resources Co. Mr. Kellum, who received a Bachelor of Science degree in Petroleum Engineering from Texas Tech University in 1979, was elected Executive Vice President - Domestic Operations in May 2000. From January 2000 until May 2000, Mr. Kellum served as Vice President - Domestic Operations. Mr. Kellum served as Vice President - Permian Division from August 1997 until December 1999. From 1989 until 1994 he served as Spraberry District Manager and as Vice President of the Spraberry and Permian Division for Parker & Parsley until August 1997. Mr. Kellum joined Parker & Parsley as an operations engineer in 1981 after a brief career with Mobil Oil Corporation. |
| Cheatwood, Chris | Chris J. Cheatwood serves as Executive Vice President, Geoscience of Pioneer Natural Resources Co. Mr. Cheatwood was elected Executive Vice President, Geoscience in November of 2007. From January 2002 until November 2007, Mr. Cheatwood served the Company as Executive Vice President - Worldwide Exploration. Mr. Cheatwood joined the Company in August 1997 and was promoted to Vice President - Domestic Exploration in July 1998 and Senior Vice President - Exploration in December 2000. Before joining the Company, Mr. Cheatwood spent ten years with Exxon Corporation. Mr. Cheatwood is a graduate of the University of Oklahoma with a Bachelor of Science degree in Geology and earned his Master of Science degree in Geology from the University of Tulsa. |
| Hannes, William | William F. Hannes serves as Executive Vice President, Business Development of Pioneer Natural Resources Co. Mr. Hannes was elected Executive Vice President - Business Development in December 2007. Prior to that time, Mr. Hannes served the Company as Executive Vice President - Worldwide Business Development from November 2005. Mr. Hannes joined Parker & Parsley in July 1997 as Director of Business Development, and continued to serve the Company in this capacity after the Company’s formation in August 1997 until he was promoted to Vice President – Engineering and Development in June 2001, which position he held until November 2005. Prior to joining Parker & Parsley, Mr. Hannes held engineering positions with Mobil and Superior Oil. He graduated from Texas A&M University in 1981 with a Bachelor of Science degree in Petroleum Engineering. |
| Still, Jay | Jay P. Still serves as Executive Vice President, Domestic Operations of Pioneer Natural Resources Co. Mr. Still was elected Executive Vice President - Domestic Operations in November 2007. Prior to that time, Mr. Still held the positions of Executive Vice President, Western Division from November 2005, Vice President, Western Division from September 2004 to November 2005, Vice President, Gulf of Mexico from July 2001 to September 2004 and Vice President of Operations for a former subsidiary of the Company located in Argentina from November 1997 to July 2001. Mr. Still joined Parker & Parsley in January 1995 as Director of Engineering Development and continued to serve the Company in this capacity after the Company’s formation in August 1997. Prior to joining Parker & Parsley, Mr. Still spent ten years with Mobil in various drilling, operations and reservoir engineering assignments focusing on the Gulf of Mexico before moving into international business development activities. Mr. Still earned his Masters in Business Administration at Loyola University and a Bachelor of Science in Mechanical Engineering from Texas A&M University. |
| McManus, David | David McManus serves as Executive Vice President, International Operations of Pioneer Natural Resources Co. Mr. McManus was elected Executive Vice President, International Operations in November 2007. In January 2005, Mr. McManus joined the Company as Vice President, International Operations and continued to serve in that capacity until November 2007. Prior to joining the Company, Mr. McManus was Executive Vice President with the BG Group where he was responsible for developing technical and commercial capabilities and directing assets in the Eastern Hemisphere from April 2000 to October 2004. He also served as President of ARCO Europe from June 1994 to April 2000. Prior to that, Mr. McManus held senior positions with LASMO, Ultramar, Shell and Fluor. Since 2004, Mr. McManus has also served on the Board of Directors for Cape PLC as the Chairman and a member of the Compensation Committee. Mr. McManus graduated from Heriott-Watt University in Edinburgh, Scotland, with a degree in civil engineering. |
| Hall, Frank | Frank W. Hall is Vice President, Chief Accounting Officer of Pioneer Natural Resources Co since May 2008. Mr. Hall was also elected Vice President and Chief Accounting Officer of Pioneer GP in May 2008. Prior to that time, Mr. Hall held the positions for the Company of Corporate Controller from March 2007, Assistant Controller from January 2005 to March 2007 and Manager of Financial Reporting from September 1998 to January 2005. From 1989 to 1998, Mr. Hall was an employee of Oryx Energy Company, where he held Senior Financial Analyst positions in Financial Planning and Financial Reporting. He was a partner in the certified public accounting firm of Hall, Brock & Co. from 1983 to 1989; the Controller of Riddle Oil Company from 1980 to 1983; and a member of the audit staff of Touche Ross & Co. from 1977 to 1980. Mr. Hall graduated with highest honors from the University of Dallas with a Master of Business Administration in Corporate Finance and graduated from the University of Texas at San Antonio with a Bachelor of Business Administration, where he majored in accounting and business management. |
| Gardner, R. Hartwell | R. Hartwell Gardner serves as Director of Pioneer Natural Resources Co. Mr. Gardner became a Director of the Company in August 1997. He served as a Director of Parker & Parsley from November 1995 until August 1997. Mr. Gardner graduated from Colgate University with a Bachelor of Arts degree in Economics and then earned a Master of Business Administration from Harvard University. Until October 1995, Mr. Gardner was the Treasurer of Mobil Oil Corporation and Mobil Corporation from 1974 and 1976, respectively. Mr. Gardner is a member of Financial Executives International where he served as Chairman in 1986 and 1987 and is a Director and Chairman of the Investment Committee of Oil Investment Corporation Ltd. and Oil Casualty Investment Corporation Ltd. in Hamilton, Bermuda. |
| Ramsey, Charles | Charles E. Ramsey, Jr serves as Pioneer Natural Resources Co. Mr. Ramsey is a graduate of the Colorado School of Mines with a Petroleum Engineering degree and a graduate of the Smaller Company Management program at the Harvard Graduate School of Business Administration. Mr. Ramsey has served as a Director of the Company since August 1997. Mr. Ramsey served as a Director of Parker & Parsley from October 1991 until August 1997. Since October 1991, he has operated an independent management and financial consulting firm. From June 1958 until June 1986, Mr. Ramsey held various engineering and management positions in the oil and gas industry and, for six years before October 1991, was a Senior Vice President in the Corporate Finance Department of Dean Witter Reynolds Inc. in its Dallas, Texas office. His industry experience includes 12 years of senior management experience with May Petroleum Inc. in the positions of President, Chief Executive Officer and Executive Vice President. Mr. Ramsey is also a former director of MBank Dallas, the Dallas Petroleum Club and Lear Petroleum Corporation. |
| Buchanan, Edison | Edison C. Buchanan serves as Director of Pioneer Natural Resources Co. Mr. Buchanan received a Bachelor of Science degree in Civil Engineering from Tulane University in 1977 and a Master of Business Administration in Finance and International Business from Columbia University Graduate School of Business in 1981. From 1981 to 1997, Mr. Buchanan was a Managing Director of various groups in the Investment Banking Division of Dean Witter Reynolds in their New York and Dallas offices. In 1997, Mr. Buchanan joined Morgan Stanley Dean Witter as a Managing Director in the Real Estate Investment Banking group. In 2000, Mr. Buchanan became Managing Director and head of the domestic Real Estate Investment Banking Group of Credit Suisse First Boston. In 2001, Mr. Buchanan began working for The Trust for Public Land, a land conservation organization, in Santa Fe, New Mexico. Mr. Buchanan became a Director of the Company in 2002. Since 2004, Mr. Buchanan has also served on the Board of Directors of MFA Mortgage Investments, Inc. |
| Watson, Jim | Jim A. Watson serves as Director of Pioneer Natural Resources Co. Mr. Watson became a Director of the Company in September 2004. He earned a Bachelor of Arts degree from the University of Texas in 1962 and graduated, with honors, from The University of Texas School of Law in 1964. Mr. Watson has served as Senior Counsel for the law firm of Carrington, Coleman, Sloman, & Blumenthal, L.L.P. in Dallas, Texas since June 2003. Before then, he was a partner at the law firm of Vinson & Elkins L.L.P. in Dallas, Texas. From 1987 to 1995, he held the position of Adjunct Professor at The University of Texas School of Law and from 2000 to 2004, Mr. Watson was Chairman of the Advisory Board of the Clement Center for Southwestern Studies at Southern Methodist University. Since 1989, Mr. Watson has been included in The Best Lawyers in America. |
| Lundquist, Andrew | Andrew D. Lundquist serves as Director of Pioneer Natural Resources Co. Mr. Lundquist received a Bachelor of Science degree from the University of Alaska and a Juris Doctorate from Catholic University Columbus School of Law. He joined the Company’s Board of Directors in September 2004, in accordance with the terms of the Company’s merger with Evergreen Resources, Inc. after having served as an independent director on the Board of Directors of Evergreen Resources, Inc. since November 2002. During 2001, Mr. Lundquist served as the Director of The White House National Energy Policy Development Group, which directed the cabinet-level task force created by the President and headed by the Vice President that produced the President’s National Energy Policy. At that same time, he also served as Senior Advisor to the President and Vice President on energy issues. Mr. Lundquist was the Majority Staff Director of the U.S. Senate Energy and Natural Resources Committee from 1998 to 2001. Since March 2002, Mr. Lundquist has served as the Managing Partner of BlueWater Strategies LLC, a Washington, D.C.-based consulting firm that provides analytic and strategic advice to senior executives of corporations. Mr. Lundquist also serves as Director of Coeur d’Alene Mines Corporation, a company engaged in the operation, ownership, development and exploration of silver and gold mining property. |
| Risch, Frank | Frank A. Risch serves as Director of Pioneer Natural Resources Co. Mr. Risch received a Bachelor of Science degree in business administration in 1964 from Pennsylvania State University and a Master of Science degree in industrial administration in 1966 from Carnegie Mellon University. Mr. Risch joined Exxon Corporation in 1966 as a financial analyst in New York and subsequently held various positions in finance, planning, marketing and general management with Exxon and its operating affiliates in the U.S. and abroad for nearly 38 years. Mr. Risch retired in 2004 as Vice President and Treasurer (and Principal Financial Officer) of Exxon Mobil Corporation. He was appointed to the Company’s Board of Directors in August 2005. He is a member of the Business Board of Advisors of the Tepper School of Business at Carnegie Mellon University. He is active in civic and community organizations, serving as Executive Vice President (Chairman-Elect) of the Dallas Theater Center and as a member of the Boards of the Communities Foundation of Texas, the Dallas Center for the Performing Arts and Dallas CASA (Court Appointed Special Advocates). He is a member of the Financial Executives International, the World Affairs Council of Greater Dallas and the Dallas Committee on Foreign Relations. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
| Sheffield, Scott | 5,230,560 |
| Dove, Timothy | 2,524,040 |
| Dealy, Richard | 1,787,770 |
| Berg, Mark | 1,421,040 |
| Kellum, Danny | 1,242,990 |
| Cheatwood, Chris | 1,293,880 |
| Hannes, William | -- |
| Still, Jay | 1,898,880 |
| McManus, David | -- |
| Hall, Frank | -- |
| Gardner, R. Hartwell | -- |
| Ramsey, Charles | -- |
| Buchanan, Edison | -- |
| Watson, Jim | -- |
| Lundquist, Andrew | -- |
| Risch, Frank | -- |
As Of 30 Dec 2008
Options Compensation
| Name | Options | Value |
|---|---|---|
| Sheffield, Scott | 408,000 | 11,674,090 |
| Dove, Timothy | 132,000 | 3,977,519 |
| Dealy, Richard | 97,915 | 3,233,415 |
| Berg, Mark | 0 | 0 |
| Kellum, Danny | 70,999 | 7,444,329 |
| Cheatwood, Chris | 101,000 | 2,996,893 |
| Hannes, William | 0 | 0 |
| Still, Jay | 0 | 0 |
| McManus, David | 0 | 0 |
| Hall, Frank | 0 | 0 |
| Gardner, R. Hartwell | 0 | 0 |
| Ramsey, Charles | 0 | 0 |
| Buchanan, Edison | 0 | 0 |
| Watson, Jim | 0 | 0 |
| Lundquist, Andrew | 0 | 0 |
| Risch, Frank | 0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
| CHEATWOOD CHRIS J | 1,750 | $51.00 |
| KELLUM DANNY L | 1,750 | $51.00 |
| STILL JAY P | 1,403 | $51.00 |
| MCMANUS DAVID | 1,794 | $51.00 |
| DEALY RICHARD P | 2,329 | $51.00 |
| DOVE TIMOTHY L | 3,139 | $51.00 |
| BERG MARK STEPHEN | 1,750 | $51.00 |
| SHEFFIELD SCOTT D | 7,737 | $51.00 |
| HANNES WILLIAM F | 1,519 | $51.00 |
| CHEATWOOD CHRIS J | 6,125 | $0.00 |
| MCMANUS DAVID | 4,375 | $0.00 |
| DEALY RICHARD P | 8,313 | $0.00 |
| DOVE TIMOTHY L | 11,375 | $0.00 |
| BERG MARK STEPHEN | 6,125 | $0.00 |
| SHEFFIELD SCOTT D | 26,249 | $0.00 |
| STILL JAY P | 4,812 | $0.00 |
| KELLUM DANNY L | 6,125 | $0.00 |
| HANNES WILLIAM F | 5,250 | $0.00 |
| STILL JAY P | 900 | $42.46 |
| STILL JAY P | 1,460 | $42.47 |
| SHEFFIELD SCOTT D | 700 | $35.81 |
| SHEFFIELD SCOTT D | 100 | $35.84 |
| SHEFFIELD SCOTT D | 500 | $35.78 |
| SHEFFIELD SCOTT D | 800 | $35.82 |
| SHEFFIELD SCOTT D | 600 | $35.85 |
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