SM · SM Energy Co

$33.75 +1.33 (+4.10%) At close · Aug 14

Market Cap

$8.03B

237.85M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Herbert Vogel	Former President, Chief Executive Officer and Director	$889,262	—	$5,500,001	—	$992,416	$154,904	$7,878,612
Elizabeth A. McDonald	President, Chief Executive Officer and Director	$576,369	$875,000	$2,299,995	—	$536,024	$187,784	$4,475,172
Wade Pursell	Executive Vice President and Chief Financial Officer	$581,957	—	$2,499,989	—	$541,220	$21,000	$3,860,019
James B. Lebeck	Executive Vice President - Chief Corporate Development Officer, General Counsel and Corporate Secretary	$462,485	—	$1,699,987	—	$344,089	$48,291	$2,554,852
Kenneth J. Knott	Advisor, Former Senior Vice President - Business Development and Land	$413,393	—	$800,002	—	$288,342	$69,206	$1,742,002
Median Employee	—	$128,500	—	$31,795	—	$30,917	$11,209	$202,421

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Herbert Vogel	President, Chief Executive Officer and Director	$853,989	—	$5,499,984	—	$5,398,471	$168,666	$12,240,662
Wade Pursell	Executive Vice President and Chief Financial Officer	$558,874	—	$2,499,999	—	$2,422,124	$20,700	$5,666,712
Elizabeth A. McDonald	Executive Vice President and Chief Operating Officer	$161,539	$875,000	$2,300,009	—	$211,615	$11,631	$3,559,794
James B. Lebeck	Executive Vice President - Corporate Development and General Counsel	$444,141	—	$1,600,001	—	$459,641	$68,858	$2,572,641
Kenneth J. Knott	Senior Vice President - Business Development and Land	$396,996	—	$800,019	—	$875,923	$72,618	$2,267,403
Median Employee	—	$132,005	—	$14,844	—	$29,640	$13,875	$190,364

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Herbert Vogel	President, Chief Executive Officer and Director	$814,200	—	$4,999,989	—	$4,815,816	$134,889	$11,060,630
Wade Pursell	Executive Vice President and Chief Financial Officer	$532,834	—	$2,249,983	—	$1,784,000	$20,011	$4,703,822
James B. Lebeck	Executive Vice President - Corporate Development and General Counsel	$396,923	—	$1,500,042	—	$826,000	$167,116	$2,890,081
Kenneth J. Knott	Senior Vice President - Business Development and Land	$378,499	—	$750,005	—	$717,175	$61,755	$1,992,745
Mary Ellen Lutey	Senior Vice President—Exploration, Development and EHS	$378,499	—	$750,005	—	$728,488	$61,965	$1,979,826
Median Employee	—	$122,228	—	$19,050	—	$39,529	$11,066	$191,873

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Herbert Vogel	President, Chief Executive Officer and Director	$773,077	—	$4,500,021	—	$1,103,954	$167,841	$6,733,036
Wade Pursell	Executive Vice President and Chief Financial Officer	$505,923	—	$2,149,991	—	$602,048	$18,300	$3,276,262
David W. Copeland	Executive Vice President and General Counsel	$447,281	—	$1,250,009	—	$425,811	$45,137	$2,211,663
Lehman E. Newton	Senior Vice President—Operations	$359,382	—	$649,987	—	$320,748	$68,474	$1,447,963
Mary Ellen Lutey	Senior Vice President—Exploration, Development and EHS	$359,382	—	$649,987	—	$320,748	$68,474	$1,398,591
Kenneth J. Knott	Senior Vice President - Business Development and Land	$359,382	—	$649,987	—	$320,748	$68,474	$1,398,591
Median Employee	—	$118,631	—	$16,397	—	$28,234	$10,677	$173,939
James B. Lebeck	Executive Vice President - Corporate Development and General Counsel	—	—	—	—	—	—	—

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Herbert Vogel	President, Chief Executive Officer and Director	$715,385	—	$1,600,013	—	$1,716,923	$17,400	$4,295,321
Wade Pursell	Executive Vice President and Chief Financial Officer	$473,830	—	$999,992	—	$852,894	$17,400	$2,431,173
David W. Copeland	Executive Vice President and General Counsel	$418,908	—	$574,995	—	$586,472	$17,542	$1,713,196
Lehman E. Newton III	Senior Vice President—Operations	$340,608	—	$287,498	—	$476,851	$17,598	$1,244,244
Lehman E. Newton	Senior Vice President—Operations	$340,608	—	$287,498	—	$476,851	$17,598	$1,244,244
Kenneth J. Knott	Senior Vice President—Business Development and Land	$340,608	—	$287,498	—	$476,851	$17,400	$1,181,091
Mary Ellen Lutey	Senior Vice President—Exploration, Development and EHS	$340,608	—	$287,498	—	$476,851	$17,400	$1,170,421
Median Employee	—	$114,861	—	$17,847	—	$45,944	$10,337	$188,989
James B. Lebeck	Executive Vice President and General Counsel	—	—	—	—	—	—	—

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Herbert Vogel	President, Chief Executive Officer and Director	$484,484	—	$1,179,998	—	$422,082	$68,126	$2,325,154
Javan D. Ottoson	President, Chief Executive Officer (former) and Director	$649,359	—	—	—	$685,722	$223,562	$1,879,774
Wade Pursell	Executive Vice President and Chief Financial Officer	$442,399	—	$500,000	—	$375,000	$17,100	$1,527,105
Mary Ellen Lutey	Senior Vice President—Exploration, Development and EHS	$325,723	—	$143,747	—	$200,645	$312,560	$1,114,286
David W. Copeland	Executive Vice President and General Counsel	$391,120	—	$237,502	—	$240,930	$17,100	$1,017,565
Kenneth J. Knott	Senior Vice President—Business Development and Land	$325,723	—	$137,498	—	$186,314	$59,944	$871,661
Lehman E. Newton	Senior Vice President—Operations	$325,723	—	$143,747	—	$200,645	$20,636	$800,851
Lehman E. Newton III	Senior Vice President—Operations	$325,723	—	$143,747	—	$200,645	$20,636	$800,851
Median Employee	—	$118,370	—	$4,999	—	$25,500	$12,964	$161,833

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Javan D. Ottoson	President, Chief Executive Officer (former) and Director	$872,521	—	$3,465,846	—	$1,150,000	$142,811	$5,999,464
Herbert Vogel	President, Chief Executive Officer and Director	$498,111	—	$1,783,537	—	$630,000	$89,141	$3,164,985
Wade Pursell	Executive Vice President and Chief Financial Officer	$487,521	—	$1,378,803	—	$570,400	$45,395	$2,659,696
David W. Copeland	Executive Vice President and General Counsel	$431,966	—	$654,935	—	$395,000	$16,800	$1,644,992
Lehman E. Newton III	Senior Vice President—Operations	$346,311	—	$396,395	—	$375,000	$44,496	$1,313,211
Kenneth J. Knott	Senior Vice President—Business Development and Land	$346,311	—	$379,174	—	$325,000	$63,444	$1,279,699
Mary Ellen Lutey	Senior Vice President—Exploration, Development and EHS	$346,311	—	$396,395	—	$346,000	$65,275	$1,267,611
Median Employee	—	$113,220	—	$19,330	—	$26,765	$1,132	$192,524

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Javan D. Ottoson	President, Chief Executive Officer (former) and Director	$846,185	—	$4,799,999	—	$1,000,000	$171,891	$6,953,524
Herbert Vogel	President, Chief Executive Officer and Director	$468,888	—	$2,000,012	—	$502,000	$99,545	$3,131,937
Wade Pursell	Executive Vice President and Chief Financial Officer	$472,805	—	$2,000,012	—	$476,588	$54,847	$3,029,426
David W. Copeland	Executive Vice President and General Counsel	$422,562	—	$850,017	—	$331,288	$41,854	$1,714,441
Lehman E. Newton III	Senior Vice President—Operations	$336,224	—	$524,993	—	$263,600	$52,747	$1,243,349
Mary Ellen Lutey	Senior Vice President—Exploration, Development and EHS	$336,224	—	$524,993	—	$263,600	$69,639	$1,196,123
Kenneth J. Knott	Senior Vice President—Business Development and Land	$336,224	—	$450,004	—	$225,943	$70,220	$1,086,783

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Javan D. Ottoson	President, Chief Executive Officer and Director	$818,462	—	$5,000,000	—	$1,522,339	$121,468	$7,849,218
Herbert Vogel	Executive Vice President and Chief Operating Officer	$443,693	—	$2,299,993	—	$711,794	$73,714	$3,635,891
Wade Pursell	Executive Vice President and Chief Financial Officer	$457,315	—	$2,000,007	—	$637,955	$37,849	$3,250,426
David W. Copeland	Executive Vice President, General Counsel and Corporate Secretary	$410,254	—	$700,001	—	$445,126	$30,978	$1,694,865
Lehman E. Newton III	Senior Vice President—Operations	$325,723	—	$525,004	—	$406,421	$47,254	$1,417,434

Executive changes

Person	Role	Change	Effective	Filed
Herbert S. Vogel	Chief Executive Officer	Resigned	—	2026-01-26
Blake D. McKenna	Executive Vice President and Chief Operating Officer	Appointed	—	2026-01-26
Elizabeth A. McDonald	President and Chief Executive Officer	Appointed	—	2026-01-26
Howard A. Willard III	director	Appointed	—	2026-01-26
Wouter van Kempen	director	Appointed	—	2026-01-26
Morris R. Clark	director	Appointed	—	2026-01-26
Carrie M. Fox	director	Appointed	—	2026-01-26
Lloyd W. "Billy" Helms, Jr.	director	Appointed	—	2026-01-26
Elizabeth A. McDonald	director	Appointed	—	2026-01-26
Herbert S. Vogel	director	Resigned	—	2026-01-26
Anita M. Powers	director	Resigned	—	2026-01-26
William D. Sullivan	director	Resigned	—	2026-01-26
Carla J. Bailo	director	Resigned	—	2026-01-26
Herbert S. Vogel	President	Resigned	2025-09-04	2025-09-08
Elizabeth A. McDonald	President and Chief Operating Officer	Appointed	2025-09-04	2025-09-08
Herbert S. Vogel	Chief Executive Officer	Retired	2026-03-01	2025-09-08
Dr. Stephen R. Brand	Board of Directors	Retired	2025-05-22	2025-03-26
Patrick A. Lytle	Senior Vice President - Finance	Appointed	2025-03-02	2025-02-19
Alan Bennett	Principal Accounting Officer	Appointed	2025-03-02	2025-02-19
Alan Bennett	Vice President - Controller	Appointed	2025-03-02	2025-02-19
Ashwin Venkatraman	director	Appointed	2024-11-26	2024-12-02
Beth McDonald	Executive Vice President and Chief Operating Officer	Appointed	2024-09-09	2024-09-09
Barton R. Brookman	member of the Board	Appointed	2024-02-16	2024-02-21
David Copeland	Executive Vice President and General Counsel	Retired	2022-12-31	2022-12-30
David Copeland	all employment with the Company	Retired	2023-07-01	2022-12-30

Key facts CIK 893538 CUSIP 78454L100 13F (30d) 465 filings 443 filers Visit website Investor relations