Leadership & Pay ·
On September 16, 2026, Helmerich & Payne's Board ratified compensation increases for President and CEO Raymond John…
HPHelmerich & Payne, Inc.
On September 16, 2026, Helmerich & Payne's Board ratified compensation increases for President and CEO Raymond John “Trey” Adams III and Senior Vice President and CFO Todd Scruggs. Effective October 1, 2026, Mr. Adams’ base salary rises to $1,000,000 with a target bonus of 130% of base and long-term equity awards at 500% of base for fiscal 2027. Mr. Scruggs’ base salary increases to $570,000 with a target bonus of 100% of base for the same period. Helmerich & Payne operates in the oil and gas industry, providing drilling contracting services.