Tim Leach has been the CEO of Concho Resources Inc. (NYSE:CXO) since 2006, and this article will examine the executive’s compensation with respect to the overall performance of the company. This analysis will also look to assess whether the CEO is appropriately paid, considering recent earnings growth and investor returns for Concho Resources.
Check out our latest analysis for Concho Resources
How Does Total Compensation For Tim Leach Compare With Other Companies In The Industry?
At the time of writing, our data shows that Concho Resources Inc. has a market capitalization of US$8.9b, and reported total annual CEO compensation of US$13m for the year to December 2019. That’s mostly flat as compared to the prior year’s compensation. While we always look at total compensation first, our analysis shows that the salary component is less, at US$1.1m.
On comparing similar companies from the same industry with market caps ranging from US$4.0b