WFRD · Weatherford International plc · Executive Compensation
Market Cap
$6.67B
Shares
71.69M
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 2024
| Executive | Role | Total |
|---|---|---|
| Girishchandra K. Saligram | Chief Executive Officer, President and Director | $14,778,004 |
| Arunava Mitra | Former Executive Vice President and Chief Financial Officer | $3,670,047 |
| Scott C. Weatherholt | Executive Vice President, General Counsel and Chief Compliance Officer | $3,013,773 |
| Richard D. Ward | Executive Vice President, Global Field Operations | $2,525,489 |
| Charles W. Davison | Former Executive Vice President, Chief Fulfillment & Enterprise Infrastructure Officer Mr. Ward was appointed as our Executive Vice President, Global Field Operations, effective January 17, 2024. Mr. Mitra served as our Executive Vice President and Chief Financial Officer from January 3, 2023 until his departure from the Company on April 21, 2025. Mr. Davison joined the Company in September 2022 and departed the Company effective February 6, 2024. NEOs earned the equivalent of 26.2 pay periods for 2024 instead of 26, reflecting the impact of the bi-weekly payroll structure implemented in January 2024. Additional amounts were ratified by the Committee. Amounts reflect values calculated in accordance with SEC rules. The NEOs may not realize any value from their equity awards and, to the extent that they do, the amounts realized may have no correlation to the amounts reported above. For the 2024 fiscal year, in accordance with FASB ASC Topic 718, the grant date fair value of RSU awards and the portion of PSU awards subject to metrics defined solely by reference to our own operations was determined based on the closing price of our ordinary shares on the date of grant. The portion of PSU awards subject to the market performance of our shares was determined using a Monte Carlo simulation model. The fair value of PSUs with a performance condition based on the market performance of our shares (“market condition”) incorporates the likelihood of achieving the market condition. However, there is not market data to determine whether PSUs with a performance condition defined solely by reference to our own operations (“performance condition”) will be achieved. For PSUs with a performance condition, we have assessed the likelihood that these PSUs will payout based upon target achievement. The table below shows the hypothetical grant date fair value of 2024 awards assuming the highest level of performance (maximum) is achieved. Saligram Weatherholt Ward Mills Mitra Davison --- | $2,007,245 |
| Desmond Mills | Senior Vice President and Chief Accounting Officer | $1,649,810 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Girishchandra K. Saligram | Chief Executive Officer, President and Director | $11,200,810 |
| Arunava Mitra | Former Executive Vice President and Chief Financial Officer | $5,789,882 |
| Scott C. Weatherholt | Executive Vice President, General Counsel and Chief Compliance Officer | $2,892,741 |
| Charles W. Davison | Former Executive Vice President, Chief Fulfillment & Enterprise Infrastructure Officer Mr. Ward was appointed as our Executive Vice President, Global Field Operations, effective January 17, 2024. Mr. Mitra served as our Executive Vice President and Chief Financial Officer from January 3, 2023 until his departure from the Company on April 21, 2025. Mr. Davison joined the Company in September 2022 and departed the Company effective February 6, 2024. NEOs earned the equivalent of 26.2 pay periods for 2024 instead of 26, reflecting the impact of the bi-weekly payroll structure implemented in January 2024. Additional amounts were ratified by the Committee. Amounts reflect values calculated in accordance with SEC rules. The NEOs may not realize any value from their equity awards and, to the extent that they do, the amounts realized may have no correlation to the amounts reported above. For the 2024 fiscal year, in accordance with FASB ASC Topic 718, the grant date fair value of RSU awards and the portion of PSU awards subject to metrics defined solely by reference to our own operations was determined based on the closing price of our ordinary shares on the date of grant. The portion of PSU awards subject to the market performance of our shares was determined using a Monte Carlo simulation model. The fair value of PSUs with a performance condition based on the market performance of our shares (“market condition”) incorporates the likelihood of achieving the market condition. However, there is not market data to determine whether PSUs with a performance condition defined solely by reference to our own operations (“performance condition”) will be achieved. For PSUs with a performance condition, we have assessed the likelihood that these PSUs will payout based upon target achievement. The table below shows the hypothetical grant date fair value of 2024 awards assuming the highest level of performance (maximum) is achieved. Saligram Weatherholt Ward Mills Mitra Davison --- | $2,703,324 |
| Joseph H. Mongrain | Executive Vice President and Chief People Officer Mr. Mitra was appointed as our Executive Vice President and Chief Financial Officer effective January 3, 2023. Mr. Mills also served as our interim Chief Financial Officer from August 1, 2022 until January 2, 2023. Mr. Davison departed the Company effective February 6, 2024. Mr. Mongrain departed the Company effective February 6, 2024. Mr. Mitra received a cash sign-on bonus of 410,000 in connection with his joining the Company in 2023. For the 2023 fiscal year, in accordance with FASB ASC Topic 718, the grant date fair value of RSU awards and the portion of PSU awards subject to metrics defined solely by reference to our own operations was determined based on the closing price of our shares on the date of grant. The portion of PSU awards subject to the market performance of our shares was determined using a Monte Carlo simulation model. Because a portion of the PSU awards were based on achieving certain strategic initiative metrics that were communicated to the NEOs and have been monitored by our Compensation Committee, but for which specific targets for achievement are ultimately subject to discretion by the Compensation Committee, a FASB ASC Topic 718 grant date was not established. For such portions of the PSU awards, the fair value was determined using the closing price of our shares on the service inception date in accordance with the Compliance and Disclosure Interpretation 119.24 promulgated by the SEC. In the Summary Compensation Table, the fair value of PSUs with performance condition based on the market performance of our shares (“market condition”) incorporates the likelihood of achieving the market condition. However, there is not market data to determine whether PSUs with a performance condition defined solely by reference to our own operations (“performance condition”) will be achieved. For PSUs with a performance condition, we have assessed the likelihood that these PSUs will payout based upon target achievement. The table below shows the hypothetical grant date fair value of awards assuming the highest level of performance (maximum) is achieved. | $1,715,763 |
| Desmond Mills | Senior Vice President and Chief Accounting Officer | $1,656,438 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Girishchandra K. Saligram | Chief Executive Officer, President and Director | $12,242,321 |
| Scott C. Weatherholt | Executive Vice President, General Counsel and Chief Compliance Officer | $3,272,038 |
| Joseph H. Mongrain | Executive Vice President and Chief People Officer Mr. Mitra was appointed as our Executive Vice President and Chief Financial Officer effective January 3, 2023. Mr. Mills also served as our interim Chief Financial Officer from August 1, 2022 until January 2, 2023. Mr. Davison departed the Company effective February 6, 2024. Mr. Mongrain departed the Company effective February 6, 2024. Mr. Mitra received a cash sign-on bonus of 410,000 in connection with his joining the Company in 2023. For the 2023 fiscal year, in accordance with FASB ASC Topic 718, the grant date fair value of RSU awards and the portion of PSU awards subject to metrics defined solely by reference to our own operations was determined based on the closing price of our shares on the date of grant. The portion of PSU awards subject to the market performance of our shares was determined using a Monte Carlo simulation model. Because a portion of the PSU awards were based on achieving certain strategic initiative metrics that were communicated to the NEOs and have been monitored by our Compensation Committee, but for which specific targets for achievement are ultimately subject to discretion by the Compensation Committee, a FASB ASC Topic 718 grant date was not established. For such portions of the PSU awards, the fair value was determined using the closing price of our shares on the service inception date in accordance with the Compliance and Disclosure Interpretation 119.24 promulgated by the SEC. In the Summary Compensation Table, the fair value of PSUs with performance condition based on the market performance of our shares (“market condition”) incorporates the likelihood of achieving the market condition. However, there is not market data to determine whether PSUs with a performance condition defined solely by reference to our own operations (“performance condition”) will be achieved. For PSUs with a performance condition, we have assessed the likelihood that these PSUs will payout based upon target achievement. The table below shows the hypothetical grant date fair value of awards assuming the highest level of performance (maximum) is achieved. | $1,521,990 |
| Desmond Mills | Senior Vice President and Chief Accounting Officer | $1,287,606 |
| Charles W. Davison | Former Executive Vice President, Chief Fulfillment & Enterprise Infrastructure Officer Mr. Ward was appointed as our Executive Vice President, Global Field Operations, effective January 17, 2024. Mr. Mitra served as our Executive Vice President and Chief Financial Officer from January 3, 2023 until his departure from the Company on April 21, 2025. Mr. Davison joined the Company in September 2022 and departed the Company effective February 6, 2024. NEOs earned the equivalent of 26.2 pay periods for 2024 instead of 26, reflecting the impact of the bi-weekly payroll structure implemented in January 2024. Additional amounts were ratified by the Committee. Amounts reflect values calculated in accordance with SEC rules. The NEOs may not realize any value from their equity awards and, to the extent that they do, the amounts realized may have no correlation to the amounts reported above. For the 2024 fiscal year, in accordance with FASB ASC Topic 718, the grant date fair value of RSU awards and the portion of PSU awards subject to metrics defined solely by reference to our own operations was determined based on the closing price of our ordinary shares on the date of grant. The portion of PSU awards subject to the market performance of our shares was determined using a Monte Carlo simulation model. The fair value of PSUs with a performance condition based on the market performance of our shares (“market condition”) incorporates the likelihood of achieving the market condition. However, there is not market data to determine whether PSUs with a performance condition defined solely by reference to our own operations (“performance condition”) will be achieved. For PSUs with a performance condition, we have assessed the likelihood that these PSUs will payout based upon target achievement. The table below shows the hypothetical grant date fair value of 2024 awards assuming the highest level of performance (maximum) is achieved. Saligram Weatherholt Ward Mills Mitra Davison --- | $836,988 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Girishchandra K. Saligram | President, Chief Executive Officer and Director | $12,591,069 |
| Scott C. Weatherholt | Executive Vice President, General Counsel and Chief Compliance Officer | $3,841,589 |
| Joseph H. Mongrain | Executive Vice President and Chief People Officer Mr. Mitra was appointed as our Executive Vice President and Chief Financial Officer effective January 3, 2023. Mr. Mills also served as our interim Chief Financial Officer from August 1, 2022 until January 2, 2023. Mr. Davison departed the Company effective February 6, 2024. Mr. Mongrain departed the Company effective February 6, 2024. Mr. Mitra received a cash sign-on bonus of 410,000 in connection with his joining the Company in 2023. For the 2023 fiscal year, in accordance with FASB ASC Topic 718, the grant date fair value of RSU awards and the portion of PSU awards subject to metrics defined solely by reference to our own operations was determined based on the closing price of our shares on the date of grant. The portion of PSU awards subject to the market performance of our shares was determined using a Monte Carlo simulation model. Because a portion of the PSU awards were based on achieving certain strategic initiative metrics that were communicated to the NEOs and have been monitored by our Compensation Committee, but for which specific targets for achievement are ultimately subject to discretion by the Compensation Committee, a FASB ASC Topic 718 grant date was not established. For such portions of the PSU awards, the fair value was determined using the closing price of our shares on the service inception date in accordance with the Compliance and Disclosure Interpretation 119.24 promulgated by the SEC. In the Summary Compensation Table, the fair value of PSUs with performance condition based on the market performance of our shares (“market condition”) incorporates the likelihood of achieving the market condition. However, there is not market data to determine whether PSUs with a performance condition defined solely by reference to our own operations (“performance condition”) will be achieved. For PSUs with a performance condition, we have assessed the likelihood that these PSUs will payout based upon target achievement. The table below shows the hypothetical grant date fair value of awards assuming the highest level of performance (maximum) is achieved. | $2,260,368 |
| Desmond Mills | Senior Vice President and Chief Accounting Officer | $1,737,625 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Christoph Bausch | Former Executive Vice President and Chief Financial Officer(c) | $7,704,605 |
| Mark A. McCollum | President and Chief Executive Officer(a) | $6,604,303 |
| Karl Blanchard | Executive Vice President and Chief Operating Officer(b) | $3,224,275 |
| Christina M. Ibrahim | Executive Vice President, General Counsel, Chief Compliance Officer and CorporateSecretary | $2,617,138 |
| Stuart Fraser | Vice President and Chief Accounting Officer and Interim ChiefFinancial Officer(d) | $1,338,015 |
Fiscal 2018
| Executive | Role | Total |
|---|---|---|
| Mark A. McCollum | President and Chief Executive Officer(a) | $8,996,432 |
| Karl Blanchard | Executive Vice President and Chief Operating Officer(b) | $4,054,091 |
| Christoph Bausch | Former Executive Vice President and Chief Financial Officer(c) | $3,635,685 |
| Christina M. Ibrahim | Executive Vice President, General Counsel, Chief Compliance Officer and CorporateSecretary | $2,783,652 |
| Stuart Fraser | Vice President and Chief Accounting Officer and Interim ChiefFinancial Officer(d) | $1,217,368 |
Fiscal 2017
| Executive | Role | Total |
|---|---|---|
| Mark A. McCollum | President and Chief Executive Officer(a) | $10,458,387 |
| Christoph Bausch | Former Executive Vice President and Chief Financial Officer(c) | $3,809,860 |
| Christina M. Ibrahim | Executive Vice President, General Counsel, Chief Compliance Officer and CorporateSecretary | $3,235,229 |
| Karl Blanchard | Executive Vice President and Chief Operating Officer(b) | $2,894,722 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Maximiliano Kricorian | Senior Vice President and Chief Accounting Officer | Appointed | 2026-09-04 |
| Desmond Mills | Senior Vice President and Chief Accounting Officer | Resigned | 2026-09-04 |
| Anuj Dhruv | Executive Vice President and Chief Financial Officer | Appointed | 2025-04-22 |
Key facts
CIK
1603923
CUSIP
G48833118
13F (30d)
200 filings
198 filers
Visit website
Investor relations