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BAS > SEC Filings for BAS > Form 8-K on 12-Feb-2014All Recent SEC Filings

Show all filings for BASIC ENERGY SERVICES INC

Form 8-K for BASIC ENERGY SERVICES INC


12-Feb-2014

Change in Directors or Principal Officers


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 6, 2014, the Compensation Committee of the Board of Directors of Basic Energy Services, Inc. ("Basic"), after discussion with a compensation consultant, approved base salaries for 2014 and cash bonuses for 2013 for certain of Basic's executive officers, including Basic's named executive officers. Cash bonus amounts for 2013 include payments previously made pursuant to Basic's quarterly management incentive bonus plan, to the extent applicable to such executive officers. The approved 2014 base salary and 2013 cash bonus amounts for each of these executive officers are set forth in the table below.

                                                   2014 Base Salary 2013 Cash Bonus
T.M. "Roe" Patterson                                   $700,000        $217,681
President, Chief Executive Officer and Director
Alan Krenek                                            $415,000        $141,000
Senior Vice President, Chief Financial Officer,
Treasurer and Secretary
James F. Newman                                        $415,000        $132,164
Senior Vice President, Region Operations
William T. Dame                                        $340,000        $104,000
Vice President, Pumping Services
James E. Tyner                                         $310,000         $83,000
Vice President, Human Resources
John Cody Bissett                                      $255,000         $68,000
Vice President, Controller and Chief Accounting
Officer
Brett J. Taylor                                        $285,000         $77,242
Vice President, Manufacturing and Equipment
Lanny T. Poldrack                                      $270,000         $74,000
Vice President, Safety and Operations Support
Douglas B. Rogers                                      $270,000         $74,000
Vice President, Marketing


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