People: Parsley Energy Inc (PE.N)
18 Jul 2019
Mr. Bryan Sheffield is re designated as Executive Chairman of the Board of the Company effective January 1, 2019. Prior to this role, he served as the Company’s Chief Executive Officer from January 2017 until January 2019, when, pursuant to the Company’s succession plan adopted in January 2018, he was appointed Executive Chairman. Mr. Sheffield founded the Company in 2008 and led the Company’s growth since that time, including, prior to January 2017, as President and Chief Executive Officer, and since the Company’s founding, as Chairman of the Board. A third generation oil executive, Mr. Sheffield began his oil and gas career at Pioneer Natural Resources Company, an oil and gas exploration and production company (“Pioneer”), where he accumulated operational expertise and deep knowledge of the Midland Basin resource base and operator landscape. His understanding of financial markets is enhanced by previous experience trading options and interest rate futures. Mr. Sheffield graduated from Southern Methodist University in 2001 with a Bachelor of Business Administration in Finance, serves on the board of directors of the Texas Economic Development Corporation and the Greater Austin Crime Commission, and is a member of the Texas Business Leadership Council.
|Total Annual Compensation, USD||828,461|
|Restricted Stock Awards, USD||3,028,170|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||1,180,720|
|Fiscal Year Total, USD||5,037,350|