- Steve Farris, who retired earlier this week as Apache's (NYSE:APA) CEO, stands to collect ~$12M in salary and bonus over the next three years as part of his retirement package, according to an SEC filing.
- Farris will act as a consultant to APA for the next three years and will collect his $1.75M annual salary during that time, as well as two bonus payments of $2.6M each and a lump sum of $1.4M; he also is entitled to the vesting of all his restricted stock and options.
Former Apache CEO to collect $12M cash for retirement
Recommended For You
About APA Stock
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
APA | - | - |
APA Corporation |