Edition:
United States

People: Pioneer Natural Resources Co (PXD.N)

PXD.N on New York Stock Exchange

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Sheffield, Scott 

Mr. Scott Douglas Sheffield is Executive Chairman of the Board of the Company. Mr. Sheffield was named Executive Chairman effective January 1, 2017, pursuant to the succession process announced in May 2016. He retired as Chief Executive Officer of the Company effective December 31, 2016, a position he had held since August 1997. He was first named Chairman of the Board in August 1999. He also served as President of the Company from August 1997 to November 2004, and had served as Chief Executive Officer and director from June 2007, and as Chairman of the Board from May 2008, of the general partner of Pioneer Southwest through December 2013. Mr. Sheffield was the Chairman of the Board of Directors and Chief Executive Officer of Parker & Parsley from January 1989 until the Company was formed in August 1997. Mr. Sheffield joined Parker & Parsley as a petroleum engineer in 1979, was promoted to Vice President - Engineering in September 1981, was elected President and a Director in April 1985, and became Parker & Parsley's Chairman of the Board and Chief Executive Officer in January 1989. Before joining Parker & Parsley, Mr. Sheffield was employed as a production and reservoir engineer for Amoco Production Company. The Board believes that Mr. Sheffield is qualified to serve on the Board based on his professional experience and education, and particularly, his long service as Chief Executive Officer of the Company, his educational background and work experience in petroleum engineering, his deep knowledge of the Company resulting from his long tenure with the Company and its predecessor, and his extensive knowledge of the energy industry.

Basic Compensation

Total Annual Compensation, USD 3,571,620
Restricted Stock Awards, USD 11,275,900
Long-Term Incentive Plans, USD --
All Other, USD 155,877
Fiscal Year Total, USD 15,003,400

Options Compensation

  Quantity Market Value
Exercisable 302,000 9,193,460.00
Unexercisable 30,000 265,740.00
Exercised 44,000 4,382,280.00
Name Fiscal Year Total

Scott Sheffield

15,003,400

Timothy Dove

6,945,570

Richard Dealy

5,157,190

Teresa Fairbrook

--

Mark Berg

3,949,510

Chris Cheatwood

3,892,720
As Of  30 Dec 2016