Edition:
United States

People: Pioneer Natural Resources Co (PXD.N)

PXD.N on New York Stock Exchange

155.66USD
28 Jun 2017
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Dove, Timothy 

Mr. Timothy L. Dove is President, Chief Executive Officer, Director of the Company. Mr. Dove was named the Company's President and Chief Executive Officer on January 1, 2017, pursuant to the succession process announced in May 2016 and discussed in more detail below. He held the positions for the Company of President and Chief Operating Officer from December 2004 to January 2017, 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 also served as President and Chief Operating Officer of the general partner of Pioneer Southwest Energy Partners L.P. ("Pioneer Southwest"), which was a majority-owned subsidiary of the Company, from June 2007 through the Company's acquisition of Pioneer Southwest in December 2013. Mr. Dove joined Parker & Parsley Petroleum Company, a predecessor of the Company (together with its predecessor companies, "Parker & Parsley"), in 1994 as a Vice President and was promoted to Senior Vice President - Business Development in October 1996, in which position he served until the Company's formation in 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. The Board believes that Mr. Dove is qualified to serve on the Board based on his professional experience and education, and particularly, his role as President and Chief Executive Officer of the Company, his experience as the former Chief Operating Officer and Chief Financial 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 2,022,810
Restricted Stock Awards, USD 4,813,870
Long-Term Incentive Plans, USD --
All Other, USD 108,890
Fiscal Year Total, USD 6,945,570

Options Compensation

  Quantity Market Value
Exercisable 105,334 3,218,670.00
Unexercisable 9,999 265,740.00
Exercised 39,680 5,734,430.00
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