Fiscal year 2024 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses HES in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named HES in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| John Hess | $1,575,000 | $0 | $12,075,036 | $0 | $4,358,700 | $0 | $27,531 | $18,036,267 |
| Chief Executive Officer | ||||||||
| Gregory Hill | 1,155,000 | 0 | 7,450,055 | 0 | 2,764,500 | 1,156,922 | 27,531 | 12,554,008 |
| Chief Operating Officer and President, Exploration & Production | ||||||||
| John Rielly | 945,000 | 0 | 3,150,016 | 0 | 1,548,100 | 1,362,913 | 27,531 | 7,033,560 |
| Executive Vice President and Chief Financial Officer | ||||||||
| Timothy Goodell | 895,000 | 0 | 3,025,016 | 0 | 1,492,800 | 721,494 | 27,531 | 6,161,841 |
| Executive Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer | ||||||||
| Barbara Lowery-Yilmaz | 790,000 | 0 | 2,310,059 | 0 | 967,600 | 496,294 | 27,531 | 4,591,484 |
| Senior Vice President and Chief Exploration Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2024 total | FY2023 total | FY2022 total | Δ FY2023→2024 |
|---|---|---|---|---|
| John Hess | $18,036,267 | $16,750,203 | $14,042,178 | +1,286,064 |
| Gregory Hill | 12,554,008 | 10,791,480 | 8,889,299 | +1,762,528 |
| John Rielly | 7,033,560 | 5,517,074 | 5,138,344 | +1,516,486 |
| Timothy Goodell | 6,161,841 | 5,300,860 | 4,328,852 | +860,981 |
| Barbara Lowery-Yilmaz | 4,591,484 | 4,066,771 | 3,221,673 | +524,713 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Gregory Hill | PSU | — | — | — | 52,091 | — | $7,450,055 |
| Timothy Goodell | PSU | — | — | — | 21,151 | — | 3,025,016 |
| John Rielly | PSU | — | — | — | 22,025 | — | 3,150,016 |
| John Hess | PSU | — | — | — | 84,429 | — | 12,075,036 |
| Barbara Lowery-Yilmaz | PSU | — | — | — | 16,152 | — | 2,310,059 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Gregory Hill | $0 | $7,450,055 | $0 | 100.0% |
| Timothy Goodell | 0 | 3,025,016 | 0 | 100.0% |
| John Rielly | 0 | 3,150,016 | 0 | 100.0% |
| John Hess | 0 | 12,075,036 | 0 | 100.0% |
| Barbara Lowery-Yilmaz | 0 | 2,310,059 | 0 | 100.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Our compensation program is designed to provide competitive pay to executives, reward individual and company performance, and maintain a long-term orientation that aligns with stockholder interests. The AIP emphasizes formulaic, metrics-driven enterprise results with a focus on measures largely within management's control that reflect the core operating functions throughout the business cycle. The long-term incentives are designed to support our long-term business strategy, serve as a retention tool and align employees with stockholder interests. Generally, we target total direct compensation (salary, annual incentive and long-term incentives) within a competitive range of market median.
| CEO STI target (% of salary) | 150% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Semler Brossy Consulting Group LLC |
| Clawback policy | True |
| Anti-hedging | True |
| Anti-pledging | True |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| James H. QuigleyIndependent · Board Chair · Audit · Compensation and Management Development | $360,000 | $199,942 | $0 | $0 | $3,545 | $563,487 |
| Karyn F. OvelmenIndependent · Audit | 145,000 | 199,942 | 0 | 0 | 43,403 | 388,345 |
| Kevin O. MeyersIndependent · Audit · Environmental, Health and Safety (Chair) | 167,500 | 199,942 | 0 | 0 | 17,212 | 384,654 |
| Terrence J. CheckiIndependent · Audit (Chair) · Compensation and Management Development · Corporate Governance and Nominating | 175,000 | 199,942 | 0 | 0 | 2,472 | 377,414 |
| Lisa GlatchIndependent · Environmental, Health and Safety | 130,000 | 199,942 | 0 | 0 | 29,200 | 359,142 |
| William G. SchraderIndependent · Audit · Environmental, Health and Safety | 155,000 | 199,942 | 0 | 0 | 2,597 | 357,539 |
| Marc S. LipschultzIndependent · Compensation and Management Development (Chair) | 145,000 | 199,942 | 0 | 0 | 516 | 345,458 |
| Edith E. HolidayIndependent · Corporate Governance and Nominating (Chair) | 142,500 | 199,942 | 0 | 0 | 2,472 | 344,914 |
| Leonard S. ColemanIndependent · Corporate Governance and Nominating · Environmental, Health and Safety | 140,000 | 199,942 | 0 | 0 | 3,009 | 342,951 |
| David McManusIndependent · Compensation and Management Development · Environmental, Health and Safety | 140,000 | 199,942 | 0 | 0 | 2,472 | 342,414 |
| Raymond J. McGuireIndependent · Corporate Governance and Nominating | 130,000 | 199,942 | 0 | 0 | 1,524 | 331,466 |
| John B. HessEmployee director | 0 | 0 | 0 | — | 0 | 0 |
| Annual cash retainer | $120,000 |
|---|---|
| Annual equity retainer | $200,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 30,000 / 20,000 |
| Stock ownership guideline | — |
| Component | FY2024 |
|---|---|
| Cash retainers and fees | $1,830,000 |
| Equity awards (grant-date value) | $2,199,362 |
| All other compensation | $108,422 |
| Total cost of the board | $4,137,784 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Of the companies Hess names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.
Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Hess.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | ConocoPhillips Company | 2025 | Ryan Lance | $1,800,000 | $16,543,434 | $0 | $4,590,000 | $23,450,085 |
| 2 | Occidental Petroleum Corporation | 2025 | Vicki Hollub | 1,596,781 | 12,298,207 | 0 | 3,200,000 | 18,055,969 |
| 3 | Hess | 2024 | John Hess | 1,575,000 | 12,075,036 | 0 | 4,358,700 | 18,036,267 |
| 4 | EOG Resources, Inc. | 2025 | Ezra Yacob | 1,434,615 | 12,729,628 | 0 | 2,718,800 | 17,576,636 |
| 5 | EQT Corporation | 2025 | Toby Rice | 1 | 13,552,232 | 0 | 2,535,000 | 16,087,233 |
| 6 | Coterra Energy Inc. | 2024 | Thomas Jorden | 1,198,558 | 10,628,850 | 0 | 2,500,000 | 14,748,960 |
| 7 | APA Corporation | 2025 | John Christmann IV | 1,300,000 | 6,018,436 | 1,897,996 | 3,454,360 | 13,202,517 |
| 8 | Devon Energy Corporation | 2025 | Clay Gaspar | 938,125 | 9,633,689 | 0 | 1,612,000 | 12,566,384 |
| — | Murphy Oil Corporation | — | — | — | — | — | — | not in coverage universe |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Hess | 184.3% | RSU 100 | Yes — Relative TSR (Total Shareholder Return) | Semler Brossy Consulting Group LLC |
| APA Corporation | 189.8% | PSU 60 · Options 20 · RSU 20 | Yes — Relative TSR | Pearl Meyer & Partners, LLC |
| ConocoPhillips Company | not disclosed | not disclosed | not disclosed | not disclosed |
| Coterra Energy Inc. | 174% | PSU 50 · RSU 50 | Yes — Relative TSR | Zayla Partners |
| Devon Energy Corporation | 124% | PSU 60 · RSU 40 | Yes — Relative TSR | Meridian Compensation Partners, LLC |
| EOG Resources, Inc. | 125% | PSU 60 · RSU 40 | Yes — Relative TSR vs Performance Peer Group | Meridian Compensation Partners, LLC |
| EQT Corporation | 169% | PSU 60 · RSU 40 | No | Meridian Compensation Partners, LLC |
| Murphy Oil Corporation | not disclosed | not disclosed | not disclosed | not disclosed |
| Occidental Petroleum Corporation | 125% | PSU 60 · RSU 40 | Yes — Total Shareholder Return (TSR) | Meridian Compensation Partners, LLC |
Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, John Hess | DEF 14A | 2025-04-04 | 0001193125-25-073397 | Section “Summary Compensation Table” · page 41. As printed: 18,036,267. Filing ↗machine: r2 · c35 · span 890654–890664 |
| 2 | Section 01, Gregory Hill | DEF 14A | 2025-04-04 | 0001193125-25-073397 | Section “Summary Compensation Table” · page 41. As printed: 12,554,008. Filing ↗machine: r5 · c35 · span 907913–907923 |
| 3 | Section 01, John Rielly | DEF 14A | 2025-04-04 | 0001193125-25-073397 | Section “Summary Compensation Table” · page 41. As printed: 7,033,560. Filing ↗machine: r11 · c35 · span 941336–941345 |
| 4 | Section 01, Timothy Goodell | DEF 14A | 2025-04-04 | 0001193125-25-073397 | Section “Summary Compensation Table” · page 41. As printed: 6,161,841. Filing ↗machine: r8 · c35 · span 924168–924177 |
| 5 | Section 01, Barbara Lowery-Yilmaz | DEF 14A | 2025-04-04 | 0001193125-25-073397 | Section “Summary Compensation Table” · page 41. As printed: 4,591,484. Filing ↗machine: r14 · c35 · span 957654–957663 |
| 6 | Section 03, Gregory Hill PSU | DEF 14A | 2025-04-04 | 0001193125-25-073397 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t221 · r5 · c15 · span 905168–905177 |
| 7 | Section 03, Timothy Goodell PSU | DEF 14A | 2025-04-04 | 0001193125-25-073397 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t221 · r8 · c15 · span 920925–920934 |
| 8 | Section 03, John Rielly PSU | DEF 14A | 2025-04-04 | 0001193125-25-073397 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t221 · r11 · c15 · span 938591–938600 |
| 9 | Section 03, John Hess PSU | DEF 14A | 2025-04-04 | 0001193125-25-073397 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t221 · r2 · c15 · span 887365–887375 |
| 10 | Section 03, Barbara Lowery-Yilmaz PSU | DEF 14A | 2025-04-04 | 0001193125-25-073397 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t221 · r14 · c15 · span 954413–954422 |
| 11 | Section 08, James H. Quigley | DEF 14A | 2025-04-04 | 0001193125-25-073397 | Section “Director Compensation”. As printed: 563,487. Filing ↗machine: t165 · r11 · c15 · span 557165–557172 |
| 12 | Section 08, Karyn F. Ovelmen | DEF 14A | 2025-04-04 | 0001193125-25-073397 | Section “Director Compensation”. As printed: 388,345. Filing ↗machine: t165 · r10 · c15 · span 554685–554692 |
| 13 | Section 08, Kevin O. Meyers | DEF 14A | 2025-04-04 | 0001193125-25-073397 | Section “Director Compensation”. As printed: 384,654. Filing ↗machine: t165 · r9 · c15 · span 552179–552186 |
| 14 | Section 08, Terrence J. Checki | DEF 14A | 2025-04-04 | 0001193125-25-073397 | Section “Director Compensation”. As printed: 377,414. Filing ↗machine: t165 · r2 · c15 · span 534747–534754 |
| 15 | Section 08, Lisa Glatch | DEF 14A | 2025-04-04 | 0001193125-25-073397 | Section “Director Compensation”. As printed: 359,142. Filing ↗machine: t165 · r4 · c15 · span 539730–539737 |
| 16 | Section 08, William G. Schrader | DEF 14A | 2025-04-04 | 0001193125-25-073397 | Section “Director Compensation”. As printed: 357,539. Filing ↗machine: t165 · r12 · c15 · span 560237–560244 |
| 17 | Section 08, Marc S. Lipschultz | DEF 14A | 2025-04-04 | 0001193125-25-073397 | Section “Director Compensation”. As printed: 345,458. Filing ↗machine: t165 · r6 · c15 · span 544715–544722 |
| 18 | Section 08, Edith E. Holiday | DEF 14A | 2025-04-04 | 0001193125-25-073397 | Section “Director Compensation”. As printed: 344,914. Filing ↗machine: t165 · r5 · c15 · span 542210–542217 |
| 19 | Section 08, Leonard S. Coleman | DEF 14A | 2025-04-04 | 0001193125-25-073397 | Section “Director Compensation”. As printed: 342,951. Filing ↗machine: t165 · r3 · c15 · span 537229–537236 |
| 20 | Section 08, David McManus | DEF 14A | 2025-04-04 | 0001193125-25-073397 | Section “Director Compensation”. As printed: 342,414. Filing ↗machine: t165 · r8 · c15 · span 549699–549706 |
| 21 | Section 08, Raymond J. McGuire | DEF 14A | 2025-04-04 | 0001193125-25-073397 | Section “Director Compensation”. As printed: 331,466. Filing ↗machine: t165 · r7 · c15 · span 547197–547204 |
| 22 | Section 08, John B. Hess | DEF 14A | 2025-04-04 | 0001193125-25-073397 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 23 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 24 | Section 03b vehicle mix (computed) | Computed | — | computed | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 25 | Section 09b board cost (computed) | Computed | — | computed | Cash 1,830,000 + equity 2,199,362 + all other 108,422 = 4,137,784, summed across the director compensation table rows.machine: formula: Σ = 4,137,784 |
| 26 | ConocoPhillips Company, Section 10b CEO total | DEF 14A | 2026-03-30 | 0001104659-26-036366 | CEO total compensation as printed in ConocoPhillips Company's own proxy. As printed: 23,450,085. Filing ↗machine: span 1829926–1829936 |
| 27 | Occidental Petroleum Corporation, Section 10b CEO total | DEF 14A | 2026-03-19 | 0001628280-26-019816 | CEO total compensation as printed in Occidental Petroleum Corporation's own proxy. As printed: 18,055,969. Filing ↗machine: r2 · c17 · span 2031997–2032007 |
| 28 | Hess (subject), Section 10b CEO total | DEF 14A | 2025-04-04 | 0001193125-25-073397 | CEO total compensation as printed in Hess's own proxy. As printed: 18,036,267. Filing ↗machine: r2 · c35 · span 890654–890664 |
| 29 | EOG Resources, Inc., Section 10b CEO total | DEF 14A | 2026-03-27 | 0001104659-26-036125 | CEO total compensation as printed in EOG Resources, Inc.'s own proxy. As printed: 17,576,636. Filing ↗machine: t153 · r6 · c17 · span 1140550–1140560 |
| 30 | EQT Corporation, Section 10b CEO total | DEF 14A | 2026-02-26 | 0001104659-26-020027 | CEO total compensation as printed in EQT Corporation's own proxy. As printed: 16,087,233. Filing ↗machine: r1 · c48 · span 1446364–1446374 |
| 31 | Coterra Energy Inc., Section 10b CEO total | DEF 14A | 2025-03-20 | 0001104659-25-026126 | CEO total compensation as printed in Coterra Energy Inc.'s own proxy. As printed: 14,748,960. Filing ↗machine: t61 · r1 · c63 · span 936374–936384 |
| 32 | APA Corporation, Section 10b CEO total | DEF 14A | 2026-04-09 | 0001193125-26-149453 | CEO total compensation as printed in APA Corporation's own proxy. As printed: 13,202,517. Filing ↗machine: t67 · r2 · c24 · span 1213765–1213775 |
| 33 | Devon Energy Corporation, Section 10b CEO total | DEF 14A | 2026-05-28 | 0001104659-26-067065 | CEO total compensation as printed in Devon Energy Corporation's own proxy. As printed: 12,566,384. Filing ↗machine: r1 · c22 · span 1488697–1488707 |
| 34 | Section 10a, Coterra Energy Inc. reciprocity | DEF 14A | — | 0001104659-25-026126 | Coterra Energy Inc.'s most recent proxy was read; its disclosed peer group does not include Hess. Filing ↗ |
| 35 | Section 10a, Devon Energy Corporation reciprocity | DEF 14A | — | 0001104659-26-067065 | Devon Energy Corporation names Hess in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 36 | Section 10a, APA Corporation reciprocity | DEF 14A | — | 0001193125-26-149453 | APA Corporation names Hess in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 37 | Section 10a, EOG Resources, Inc. reciprocity | DEF 14A | — | 0001104659-26-036125 | EOG Resources, Inc.'s most recent proxy was read; its disclosed peer group does not include Hess. Filing ↗ |
| 38 | Section 10a, EQT Corporation reciprocity | DEF 14A | — | 0001104659-26-020027 | EQT Corporation's most recent proxy was read; its disclosed peer group does not include Hess. Filing ↗ |
| 39 | Section 10a, Occidental Petroleum Corporation reciprocity | DEF 14A | — | 0001628280-26-019816 | Occidental Petroleum Corporation's most recent proxy was read; its disclosed peer group does not include Hess. Filing ↗ |
| 40 | Section 10a, ConocoPhillips Company reciprocity | DEF 14A | — | 0001104659-26-036366 | ConocoPhillips Company's most recent proxy was read; its disclosed peer group does not include Hess. Filing ↗ |