CEO Sherif Foda was paid $2,268,000 in fiscal year 2025, the 1st percentile of its disclosed peer group (SEC filing 0001493152-26-012394 ↗): 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.
$2,268,000 Sherif Foda total, FY2025 | 1st CEO pay percentile vs peers | — CEO-to-median pay ratio | 98.22% Say-on-pay support, latest vote |
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NESR's next annual pay disclosure, estimated March 24, 2027.est. Filing ↗
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Sherif Foda | $840,000 | $0 | $0 | $0 | $1,428,000 | $0 | $0 | $2,268,000 |
| Chairman & Chief Executive Officer | ||||||||
| Stefan Angeli | 450,000 | 0 | 689,000 | 0 | 562,500 | 0 | 0 | 1,701,500 |
| Chief Financial Officer | ||||||||
| Naif Hadrami | 272,004 | 0 | 413,400 | 0 | 305,222 | 0 | 108,200 | 1,098,826 |
| Vice President | ||||||||
| Jennifer Howard | 315,000 | 0 | 206,700 | 0 | 0 | 0 | 0 | 521,700 |
| General Counsel | ||||||||
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 | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Sherif Foda | $2,268,000 | — | — | — |
| Stefan Angeli | 1,701,500 | — | — | — |
| Naif Hadrami | 1,098,826 | — | — | — |
| Jennifer Howard | 521,700 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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This is the complete answer, not a partial one — the list is never padded.
One page per director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2025 total |
|---|---|---|
| Andrew Waite | Independent Director | $138,900 |
| Anthony (Tony) R. Chase | Independent Director | $168,350 |
| Antonio Campo Mejia | Independent Director | $133,900 |
| Lisa Pollina | Independent Director | $59,450 |
| Yousef Al Nowais | Independent Director | $118,900 |
No insider equity transactions reported since the proxy statement.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Stefan Angeli | RSU | 100,000 | — | $1,566,000 |
NESR seeks to provide competitive pay opportunities to attract and retain the executive talent needed to execute our business strategy. Our programs are underpinned by a philosophy of pay for performance and shareholder alignment. A majority of NEO pay is variable with value at risk for operational, financial and stock price performance, ensuring that realized compensation outcomes are aligned with our ability to deliver on our business objectives and to grow shareholder value.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Meridian Compensation Partners, LLC |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-07 | 65,237,233 | 1,182,283 | 25,168 | 98.22% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-05-07 | 98.22%a |
a. Voting standard not stated in the filing.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Anthony (Tony) R. ChaseIndependent · Compensation · Nominating/Governance (Chair) · Audit | $65,000 | $103,350 | $0 | — | $0 | $168,350 |
| Andrew WaiteIndependent · Compensation · Nominating/Governance · Audit | 70,000 | 68,900 | 0 | — | 0 | 138,900 |
| Antonio Campo MejiaIndependent · Compensation (Chair) · Nominating/Governance · Audit | 65,000 | 68,900 | 0 | — | 0 | 133,900 |
| Yousef Al NowaisIndependent | 50,000 | 68,900 | — | — | — | 118,900 |
| Lisa PollinaIndependent · Compensation · Nominating/Governance · Audit (Chair) | 25,000 | 34,450 | 0 | — | 0 | 59,450 |
| Sherif FodaEmployee director · Board Chair | — | — | — | — | — | 0 |
| Annual cash retainer | $50,000 |
|---|---|
| Annual equity retainer | $100,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 15,000 / 15,000 |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $275,000 |
| Equity awards (grant-date value) | $344,500 |
| All other compensation | $0 |
| Total cost of the board | $619,500 |
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 National Energy Services Reunited 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 National Energy Services Reunited.
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 | Nabors Industries Ltd. | 2025 | Anthony Petrello | $1,750,000 | $5,352,354 | $0 | $2,049,275 | $29,636,103 |
| 2 | Patterson-UTI Energy, Inc. | 2025 | William Hendricks | 1,300,000 | 8,497,991 | 0 | 2,264,330 | 12,077,321 |
| 3 | ProPetro Holding Corp. | 2025 | Samuel Sledge | 975,000 | 4,391,410 | 0 | 1,137,500 | 6,539,712 |
| 4 | TETRA Technologies | 2025 | Brady Murphy | 735,000 | 1,325,333 | 0 | 3,061,825 | 5,133,908 |
| 5 | Oil States International, Inc. | 2025 | Cindy Taylor | 925,000 | 2,400,003 | 0 | 1,654,244 | 5,079,386 |
| 6 | Core Laboratories Inc. | 2025 | Lawrence Bruno | 886,912 | 3,505,105 | 0 | 351,217 | 4,980,491 |
| 7 | Select Water Solutions, Inc. | 2025 | John Schmitz | 800,000 | 3,245,526 | 0 | 681,352 | 4,876,029 |
| 8 | Liberty Energy Inc. | 2025 | Ron Gusek | 591,282 | 2,943,855 | 0 | 1,057,718 | 4,793,487 |
| 9 | Cactus, Inc. | 2025 | Scott Bender | 450,000 | 1,821,634 | 0 | 222,788 | 2,524,459 |
| 10 | National Energy Services Reunited | 2025 | Sherif Foda | 840,000 | 0 | 0 | 1,428,000 | 2,268,000 |
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 |
|---|---|---|---|---|
| National Energy Services Reunited | not disclosed | not disclosed | not disclosed | Meridian Compensation Partners, LLC |
| Cactus, Inc. | not disclosed | PSU 50 · RSU 50 | not disclosed | Pearl Meyer & Partners, LLC |
| Core Laboratories Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Liberty Energy Inc. | not disclosed | not disclosed | No | CBIZ Inc. |
| Nabors Industries Ltd. | not disclosed | not disclosed | Yes — Relative Total Shareholder Return (TSR) | Pay Governance |
| Oil States International, Inc. | not disclosed | RSU 50 · PRSU 25 · Cash Performance Award 25 | not disclosed | Meridian Compensation Partners |
| Patterson-UTI Energy, Inc. | not disclosed | PSU 50 · RSU 50 | Yes — Total Stockholder Return (TSR) | Pay Governance LLC |
| ProPetro Holding Corp. | not disclosed | RSU 50 · PSU 50 | not disclosed | Pearl Meyer |
| Select Water Solutions, Inc. | 88.1% | RSU 50 · PSU 50 | Yes — Relative Total Shareholder Return (TSR) | Meridian Compensation Partners |
| TETRA Technologies | not disclosed | RSU 50 · LTIP Units 50 | not disclosed | Pay Governance 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.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
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, Sherif Foda | DEF 14A | 2026-03-24 | 0001493152-26-012394 | Section “Executive Compensation”. As printed: 2,268,000. Filing ↗machine: r1 · c42 · span 500808–500817 |
| 2 | Section 01, Stefan Angeli | DEF 14A | 2026-03-24 | 0001493152-26-012394 | Section “Executive Compensation”. As printed: 1,701,500. Filing ↗machine: r5 · c42 · span 513290–513299 |
| 3 | Section 01, Naif Hadrami | DEF 14A | 2026-03-24 | 0001493152-26-012394 | Section “Executive Compensation”. As printed: 1,098,826. Filing ↗machine: r17 · c42 · span 550388–550397 |
| 4 | Section 01, Jennifer Howard | DEF 14A | 2026-03-24 | 0001493152-26-012394 | Section “Executive Compensation”. As printed: 521,700. Filing ↗machine: r9 · c42 · span 525692–525699 |
| 5 | Section 08, Anthony (Tony) R. Chase | DEF 14A | 2026-03-24 | 0001493152-26-012394 | Section “Director Compensation”. As printed: 168,350. Filing ↗machine: span 669285–669292 |
| 6 | Section 08, Andrew Waite | DEF 14A | 2026-03-24 | 0001493152-26-012394 | Section “Director Compensation”. As printed: 138,900. Filing ↗machine: span 670170–670177 |
| 7 | Section 08, Antonio Campo Mejia | DEF 14A | 2026-03-24 | 0001493152-26-012394 | Section “Director Compensation”. As printed: 133,900. Filing ↗machine: span 668352–668359 |
| 8 | Section 08, Yousef Al Nowais | DEF 14A | 2026-03-24 | 0001493152-26-012394 | Section “Director Compensation”. As printed: 118,900. Filing ↗machine: span 667424–667431 |
| 9 | Section 08, Lisa Pollina | DEF 14A | 2026-03-24 | 0001493152-26-012394 | Section “Director Compensation”. As printed: 59,450. Filing ↗machine: span 671066–671072 |
| 10 | Section 08, Sherif Foda | DEF 14A | 2026-03-24 | 0001493152-26-012394 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 11 | Section 06, 2026 vote | Form 8-K | 2026-05-07 | 0001493152-26-021759 | Item 5.07 · say-on-pay result. As reported: 98.22%. Filing ↗ |
| 12 | Section 09b board cost (computed) | Computed | — | — | Cash 275,000 + equity 344,500 + all other 0 = 619,500, summed across the director compensation table rows.machine: formula: Σ = 619,500 |
| 13 | Nabors Industries Ltd., Section 10b CEO total | DEF 14A | 2026-04-22 | 0001140361-26-016154 | CEO total compensation as printed in Nabors Industries Ltd.'s own proxy. As printed: 29,636,103. Filing ↗machine: r2 · c25 · span 1447823–1447833 |
| 14 | Patterson-UTI Energy, Inc., Section 10b CEO total | DEF 14A | 2026-04-13 | 0000889900-26-000020 | CEO total compensation as printed in Patterson-UTI Energy, Inc.'s own proxy. As printed: 12,077,321. Filing ↗machine: span 571078–571088 |
| 15 | ProPetro Holding Corp., Section 10b CEO total | DEF 14A | 2026-04-08 | 0001104659-26-040891 | CEO total compensation as printed in ProPetro Holding Corp.'s own proxy. As printed: 6,539,712. Filing ↗machine: r1 · c48 · span 1147235–1147244 |
| 16 | TETRA Technologies, Section 10b CEO total | DEF 14A | 2026-04-09 | 0000844965-26-000026 | CEO total compensation as printed in TETRA Technologies's own proxy. As printed: 5,133,908. Filing ↗machine: span 841633–841642 |
| 17 | Oil States International, Inc., Section 10b CEO total | DEF 14A | 2026-03-27 | 0001121484-26-000017 | CEO total compensation as printed in Oil States International, Inc.'s own proxy. As printed: 5,079,386. Filing ↗machine: r2 · c21 · span 888287–888296 |
| 18 | Core Laboratories Inc., Section 10b CEO total | DEF 14A | 2026-03-31 | 0001193125-26-134986 | CEO total compensation as printed in Core Laboratories Inc.'s own proxy. As printed: 4,980,491. Filing ↗machine: r2 · c20 · span 793587–793596 |
| 19 | Select Water Solutions, Inc., Section 10b CEO total | DEF 14A | 2026-03-24 | 0001104659-26-033864 | CEO total compensation as printed in Select Water Solutions, Inc.'s own proxy. As printed: 4,876,029. Filing ↗machine: span 1041295–1041304 |
| 20 | Liberty Energy Inc., Section 10b CEO total | DEF 14A | 2026-03-05 | 0001999371-26-005123 | CEO total compensation as printed in Liberty Energy Inc.'s own proxy. As printed: 4,793,487. Filing ↗machine: r5 · c14 · span 606395–606404 |
| 21 | Cactus, Inc., Section 10b CEO total | DEF 14A | 2026-03-31 | 0001628280-26-022453 | CEO total compensation as printed in Cactus, Inc.'s own proxy. As printed: 2,524,459. Filing ↗machine: span 346833–346842 |
| 22 | National Energy Services Reunited (subject), Section 10b CEO total | DEF 14A | 2026-03-24 | 0001493152-26-012394 | CEO total compensation as printed in National Energy Services Reunited's own proxy. As printed: 2,268,000. Filing ↗machine: r1 · c42 · span 500808–500817 |
| 23 | Section 10a, Core Laboratories Inc. reciprocity | DEF 14A | — | 0001193125-26-134986 | Core Laboratories Inc.'s most recent proxy was read; its disclosed peer group does not include National Energy Services Reunited. Filing ↗ |
| 24 | Section 10a, Liberty Energy Inc. reciprocity | DEF 14A | — | 0001999371-26-005123 | Liberty Energy Inc.'s most recent proxy was read; its disclosed peer group does not include National Energy Services Reunited. Filing ↗ |
| 25 | Section 10a, Patterson-UTI Energy, Inc. reciprocity | DEF 14A | — | 0001628280-25-017335 | Patterson-UTI Energy, Inc.'s most recent proxy was read; its disclosed peer group does not include National Energy Services Reunited. Filing ↗ |
| 26 | Section 10a, ProPetro Holding Corp. reciprocity | DEF 14A | — | 0001104659-26-040891 | ProPetro Holding Corp.'s most recent proxy was read; its disclosed peer group does not include National Energy Services Reunited. Filing ↗ |
| 27 | Section 10a, TETRA Technologies reciprocity | DEF 14A | — | 0000844965-26-000026 | TETRA Technologies's most recent proxy was read; its disclosed peer group does not include National Energy Services Reunited. Filing ↗ |
| 28 | Section 10a, Select Water Solutions, Inc. reciprocity | DEF 14A | — | 0001104659-26-033864 | Select Water Solutions, Inc.'s most recent proxy was read; its disclosed peer group does not include National Energy Services Reunited. Filing ↗ |
| 29 | Section 10a, Cactus, Inc. reciprocity | DEF 14A | — | 0001628280-26-022453 | Cactus, Inc.'s most recent proxy was read; its disclosed peer group does not include National Energy Services Reunited. Filing ↗ |
| 30 | Section 10a, Nabors Industries Ltd. reciprocity | DEF 14A | — | 0001140361-26-016154 | Nabors Industries Ltd.'s most recent proxy was read; its disclosed peer group does not include National Energy Services Reunited. Filing ↗ |
| 31 | Section 10a, Oil States International, Inc. reciprocity | DEF 14A | — | 0001121484-26-000017 | Oil States International, Inc.'s most recent proxy was read; its disclosed peer group does not include National Energy Services Reunited. Filing ↗ |