Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-13

Weatherford International (WFRD)

Fiscal year 2025 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.

$13,022,298
Girishchandra Saligram total, FY2025
62nd
CEO pay percentile vs peers
CEO-to-median pay ratio
99.22%
Say-on-pay support, latest vote
Companies that benchmark against WFRD
11 companies name WFRD as a compensation peer

Each company listed discloses WFRD 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 WFRD in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Girishchandra Saligram$1,254,808$0$9,969,035$0$1,735,296$0$63,159$13,022,298
President, Chief Executive Officer and Director
Arunava Mitra177,75001,992,1740001,303,3833,473,307
Former Executive Vice President and Chief Financial Officer
Anuj Dhruv401,19202,635,0020344,223014,2683,394,685
Executive Vice President and Chief Financial Officer
Scott Weatherholt513,28801,553,4130454,373044,3062,565,380
Executive Vice President, General Counsel and Chief Compliance Officer
Richard Ward513,28801,459,5130410,201044,7282,427,730
Executive Vice President, Global Field Operations
Todd Glance137,2500705,365000953,4031,796,018
Former Executive Vice President of Customer Delivery
Desmond Mills431,1620561,8830272,583027,6001,293,228
Senior Vice President and Chief Accounting 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.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Girishchandra Saligram$13,022,298$14,778,004$11,200,810−1,755,706
Arunava Mitra3,473,3073,670,0475,789,882−196,740
Anuj Dhruv3,394,685
Scott Weatherholt2,565,3803,013,7732,892,741−448,393
Richard Ward2,427,7302,525,489−97,759
Todd Glance1,796,018
Desmond Mills1,293,2281,649,8101,656,438−356,582

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Arunava Mitra21,85710,92943,714$1,174,595
Desmond Mills5,1155,115287,003
Todd Glance5,1595,159289,471
Scott Weatherholt11,36211,362637,522
Girishchandra Saligram45,87045,8702,573,766
Anuj Dhruv22,49622,496996,348
Richard Ward16,0138,00632,026860,539
Richard Ward10,67510,675598,974
Anuj Dhruv11,92511,925528,158
Anuj Dhruv27,82513,91255,6501,110,496
Scott Weatherholt17,0438,52134,086915,891
Arunava Mitra14,57114,571817,579
Girishchandra Saligram137,61268,806275,2247,395,269
Desmond Mills5,1152,55710,230274,880
Todd Glance7,7393,86915,478415,894
03b

Vehicle mix — grant-date fair value by award type

Grant-level vehicle detail not disclosed.

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Richard WardRSU10,675$843,432
Girishchandra SaligramRSU45,8703,624,189
Girishchandra SaligramPSU33,3702,661,591
Girishchandra SaligramRSU19,0671,520,784
Scott WeatherholtPSU5,067404,144
Scott WeatherholtRSU4,503359,159
Girishchandra SaligramPSU137,61210,872,724
Richard WardPSU16,0131,265,187
Girishchandra SaligramRSU12,8621,025,873
Richard WardPSU4,086325,899
Scott WeatherholtRSU3,542282,510
Anuj DhruvPSU27,8252,198,453
Desmond MillsPSU1,430114,057
Anuj DhruvRSU22,4961,777,409
Scott WeatherholtPSU17,0431,346,567
Scott WeatherholtRSU11,362897,712
Anuj DhruvRSU11,925942,194
Desmond MillsRSU5,115404,136
Desmond MillsPSU5,115404,136
Richard WardRSU3,631289,609
Desmond MillsRSU1,906152,023
Desmond MillsRSU2,724217,266
Desmond MillsRSU1,367109,032
05

Incentive-plan design — the Compensation Discussion & Analysis

Compensation should: Attract, motivate, retain and reward the key executive and managerial talent needed for our Company to achieve its goals and objectives; Reflect pay-for-performance by aligning the interests of our executives and shareholders through the use of performance-based compensation; Promote long-term value creation and growth strategies; and Ensure line-of-sight toward the key performance measures that are indicative of Company profitability and gains in shareholder value.

CEO STI target (% of salary)135%
CEO LTI target (% of salary)
Independent consultantLB&Co.
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-1164,080,857506,631171,28599.22%Passed
20252025-06-1162,993,5861,113,76754,45798.26%Passed
20242024-06-1267,260,084604,75648,62699.11%Passed
20232023-06-1556,549,429780,4801,236,74098.64%Passed
20222022-06-0250,304,3727,526,423522,52186.99%Passed
20202020-06-1254,332,2619,515,153521,31385.1%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.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-06-1199.22%a
20252025-06-1198.26%b
20242024-06-1299.11%c

a. Approved under the standard stated in the filing — “Generally, abstentions and broker "non-votes" will not affect the voting results for any of the proposals under Irish law or the rules of the Nasdaq Global Select Market ("Nasdaq").”.

b. Approved under the standard stated in the filing — “Abstentions and broker "non-votes" will not affect the voting results for this proposal.”.

c. Approved under the standard stated in the filing — “Generally, abstentions and broker "non-votes" will not affect the voting results for any proposal under Irish law or Nasdaq rules.”.

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.

07

CEO pay ratio

Ratio (CEO : median employee)
CEO total compensation
Median employee compensation
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Charles M. SledgeIndependent · Board Chair · Audit (Chair)$174,000$374,085$0$0$548,085
Benjamin C. Duster IVIndependent · Audit · Compensation and Human Resources (Chair)131,500256,19800387,698
Jacqueline C. MutschlerIndependent · Compensation and Human Resources129,000256,19800385,198
Neal P. GoldmanIndependent · Audit (Vice Chair) · Compensation and Human Resources129,000256,19800385,198
Steven BeringhauseIndependent · Compensation and Human Resources116,500256,19800372,698
Girishchandra K. SaligramEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$100,000
Annual equity retainer$220,000
Per board meeting fee$1,500
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 10,000
Stock ownership guideline8x annual cash retainer
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$680,000
Equity awards (grant-date value)$1,398,877
All other compensation$0
Total cost of the board$2,078,877

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Weatherford International 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 Weatherford International.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Nabors Industries Ltd.2025Anthony Petrello$1,750,000$5,352,354$0$2,049,275$29,636,103
2TechnipFMC plc2025Douglas Pferdehirt1,450,00012,361,64003,501,75017,816,188
3Halliburton Company2025Jeffrey Miller1,700,0007,992,78205,944,83616,525,407
4Weatherford International2025Girishchandra Saligram1,254,8089,969,03501,735,29613,022,298
5NOV Inc.2025Clay Williams1,000,0009,576,940899,2081,129,49212,713,187
6Patterson-UTI Energy, Inc.2025William Hendricks1,300,0008,497,99102,264,33012,077,321
7Flowserve Corporation2025R. Scott Rowe1,236,5387,245,11401,901,25010,914,232
8Oceaneering International, Inc.2025Roderick Larson910,0002,027,79604,282,4257,735,670
9Expro Group Holdings N.V.2024Michael Jardon1,000,0005,246,0720690,6256,962,497
10Liberty Energy Inc.2025Ron Gusek591,2822,943,85501,057,7184,793,487
ChampionX Corporationnot in coverage universe
Transocean Ltd.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.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Weatherford International92.3%PSU 75 · RSU 25NoLB&Co.
ChampionX Corporationnot disclosednot disclosednot disclosednot disclosed
Expro Group Holdings N.V.55.25%PRSU 60 · RSU 40Yes — Total Shareholder Return (TSR)Meridian Compensation Partners, LLC
Flowserve Corporation117%not disclosedNoF.W. Cook
Halliburton Companynot disclosedPSU 50 · Cash LTI 50Yes — Total Shareholder Return (TSR)not disclosed
Liberty Energy Inc.not disclosednot disclosednot disclosednot disclosed
Nabors Industries Ltd.not disclosednot disclosedYes — Relative Total Shareholder Return (TSR)Pay Governance
NOV Inc.87%PSU 50 · RSU 40 · Options 10Yes — TSR (total shareholder return) goalMeridian Compensation Partners
Oceaneering International, Inc.124%PSU 50 · RSU 50Yes — Relative TSRMeridian
Patterson-UTI Energy, Inc.not disclosedPSU 50 · RSU 50Yes — Total Stockholder Return (TSR)Pay Governance LLC
TechnipFMC plc161%PSU 70 · RSU 30Yes — Relative TSRPearl Meyer & Partners, LLC
Transocean Ltd.150%PSU 50 · RSU 50NoPay 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.

11

Source register

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.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Girishchandra SaligramDEF 14A2026-04-210001193125-26-166847Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 13,022,298. Filing ↗machine: r3 · c27 · span 828253–828263
2Section 01, Arunava MitraDEF 14A2026-04-210001193125-26-166847Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 3,473,307. Filing ↗machine: r28 · c27 · span 897423–897432
3Section 01, Anuj DhruvDEF 14A2026-04-210001193125-26-166847Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 3,394,685. Filing ↗machine: r8 · c27 · span 841070–841079
4Section 01, Scott WeatherholtDEF 14A2026-04-210001193125-26-166847Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 2,565,380. Filing ↗machine: r13 · c27 · span 856936–856945
5Section 01, Richard WardDEF 14A2026-04-210001193125-26-166847Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 2,427,730. Filing ↗machine: r18 · c27 · span 869769–869778
6Section 01, Todd GlanceDEF 14A2026-04-210001193125-26-166847Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 1,796,018. Filing ↗machine: r33 · c27 · span 911240–911249
7Section 01, Desmond MillsDEF 14A2026-04-210001193125-26-166847Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 1,293,228. Filing ↗machine: r23 · c27 · span 884575–884584
8Section 03, Arunava Mitra DEF 14A2026-04-210001193125-26-166847Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r12 · c15 · span 729086–729092
9Section 03, Desmond Mills DEF 14A2026-04-210001193125-26-166847Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r11 · c11 · span 726243–726248
10Section 03, Todd Glance DEF 14A2026-04-210001193125-26-166847Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r13 · c11 · span 731299–731304
11Section 03, Scott Weatherholt DEF 14A2026-04-210001193125-26-166847Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r9 · c11 · span 721517–721523
12Section 03, Girishchandra Saligram DEF 14A2026-04-210001193125-26-166847Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r7 · c11 · span 716528–716534
13Section 03, Anuj Dhruv DEF 14A2026-04-210001193125-26-166847Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t163 · r9 · c3 · span 1151329–1151335
14Section 03, Richard Ward DEF 14A2026-04-210001193125-26-166847Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r10 · c15 · span 724287–724293
15Section 03, Richard Ward DEF 14A2026-04-210001193125-26-166847Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r10 · c11 · span 723892–723898
16Section 03, Anuj Dhruv DEF 14A2026-04-210001193125-26-166847Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r8 · c11 · span 719162–719168
17Section 03, Anuj Dhruv DEF 14A2026-04-210001193125-26-166847Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r8 · c15 · span 719557–719563
18Section 03, Scott Weatherholt DEF 14A2026-04-210001193125-26-166847Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r9 · c15 · span 721912–721918
19Section 03, Arunava Mitra DEF 14A2026-04-210001193125-26-166847Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r12 · c11 · span 728691–728697
20Section 03, Girishchandra Saligram DEF 14A2026-04-210001193125-26-166847Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r7 · c15 · span 716923–716930
21Section 03, Desmond Mills DEF 14A2026-04-210001193125-26-166847Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r11 · c11 · span 726243–726248
22Section 03, Todd Glance DEF 14A2026-04-210001193125-26-166847Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r13 · c15 · span 731693–731698
23Section 07, pay ratioDEF 14A2026-07-130001193125-26-302022Section “CEO Pay Ratio”. As printed: —. Filing ↗
24Section 08, Charles M. SledgeDEF 14A2026-04-210001193125-26-166847Section “Director Compensation”. As printed: 548,085. Filing ↗machine: t65 · r2 · c15 · span 488879–488886
25Section 08, Benjamin C. Duster IVDEF 14A2026-04-210001193125-26-166847Section “Director Compensation”. As printed: 387,698. Filing ↗machine: t65 · r4 · c15 · span 492666–492673
26Section 08, Jacqueline C. MutschlerDEF 14A2026-04-210001193125-26-166847Section “Director Compensation”. As printed: 385,198. Filing ↗machine: t65 · r6 · c15 · span 496448–496455
27Section 08, Neal P. GoldmanDEF 14A2026-04-210001193125-26-166847Section “Director Compensation”. As printed: 385,198. Filing ↗machine: t65 · r5 · c15 · span 494542–494549
28Section 08, Steven BeringhauseDEF 14A2026-04-210001193125-26-166847Section “Director Compensation”. As printed: 372,698. Filing ↗machine: t65 · r3 · c15 · span 490758–490765
29Section 08, Girishchandra K. SaligramDEF 14A2026-04-210001193125-26-166847Section “Director Compensation”. As printed: 0. Filing ↗
30Section 06, 2026 voteForm 8-K2026-06-110001603923-26-000069Item 5.07 · say-on-pay result. As reported: 99.22% (votes for as printed: 64,080,857). Filing ↗
31Section 06, 2025 voteForm 8-K2025-06-130001603923-25-000123Item 5.07 · say-on-pay result. As reported: 98.26% (votes for as printed: 62,993,586). Filing ↗
32Section 06, 2024 voteForm 8-K2024-06-140001603923-24-000100Item 5.07 · say-on-pay result. As reported: 99.11% (votes for as printed: 67,260,084). Filing ↗
33Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
34Section 09b board cost (computed)ComputedcomputedCash 680,000 + equity 1,398,877 + all other 0 = 2,078,877, summed across the director compensation table rows.machine: formula: Σ = 2,078,877
35Nabors Industries Ltd., Section 10b CEO totalDEF 14A2026-04-220001140361-26-016154CEO total compensation as printed in Nabors Industries Ltd.'s own proxy. As printed: 29,636,103. Filing ↗machine: r2 · c25 · span 1447823–1447833
36TechnipFMC plc, Section 10b CEO totalDEF 14A2026-03-190001628280-26-019819CEO total compensation as printed in TechnipFMC plc's own proxy. As printed: 17,816,188. Filing ↗machine: r4 · c21 · span 1175605–1175615
37Halliburton Company, Section 10b CEO totalDEF 14A2026-03-310000045012-26-000033CEO total compensation as printed in Halliburton Company's own proxy. As printed: 16,525,407. Filing ↗machine: t159 · r2 · c18 · span 2610544–2610554
38Weatherford International (subject), Section 10b CEO totalDEF 14A2026-04-210001193125-26-166847CEO total compensation as printed in Weatherford International's own proxy. As printed: 13,022,298. Filing ↗machine: r3 · c27 · span 828253–828263
39NOV Inc., Section 10b CEO totalDEF 14A2026-04-090001193125-26-148884CEO total compensation as printed in NOV Inc.'s own proxy. As printed: 12,713,187. Filing ↗machine: t130 · r2 · c35 · span 574372–574382
40Patterson-UTI Energy, Inc., Section 10b CEO totalDEF 14A2026-04-130000889900-26-000020CEO total compensation as printed in Patterson-UTI Energy, Inc.'s own proxy. As printed: 12,077,321. Filing ↗machine: span 571078–571088
41Flowserve Corporation, Section 10b CEO totalDEF 14A2026-04-020001628280-26-022933CEO total compensation as printed in Flowserve Corporation's own proxy. As printed: 10,914,232. Filing ↗machine: r2 · c8 · span 2203312–2203322
42Oceaneering International, Inc., Section 10b CEO totalDEF 14A2026-04-020000073756-26-000073CEO total compensation as printed in Oceaneering International, Inc.'s own proxy. As printed: 7,735,670. Filing ↗machine: r2 · c14 · span 1452178–1452187
43Expro Group Holdings N.V., Section 10b CEO totalDEF 14A2025-04-110001193125-25-078440CEO total compensation as printed in Expro Group Holdings N.V.'s own proxy. As printed: 6,962,497. Filing ↗machine: r3 · c34 · span 806814–806823
44Liberty Energy Inc., Section 10b CEO totalDEF 14A2026-03-050001999371-26-005123CEO total compensation as printed in Liberty Energy Inc.'s own proxy. As printed: 4,793,487. Filing ↗machine: r5 · c14 · span 606395–606404
45Section 10a, NOV Inc. reciprocityDEF 14A0001193125-26-148884NOV Inc. names Weatherford International in its own disclosed peer group (read from its most recent proxy). Filing ↗
46Section 10a, Liberty Energy Inc. reciprocityDEF 14A0001999371-26-005123Liberty Energy Inc.'s most recent proxy was read; its disclosed peer group does not include Weatherford International. Filing ↗
47Section 10a, Flowserve Corporation reciprocityDEF 14A0001628280-26-022933Flowserve Corporation's most recent proxy was read; its disclosed peer group does not include Weatherford International. Filing ↗
48Section 10a, Nabors Industries Ltd. reciprocityDEF 14A0001140361-26-016154Nabors Industries Ltd. names Weatherford International in its own disclosed peer group (read from its most recent proxy). Filing ↗
49Section 10a, Oceaneering International, Inc. reciprocityDEF 14A0000073756-26-000073Oceaneering International, Inc. names Weatherford International in its own disclosed peer group (read from its most recent proxy). Filing ↗
50Section 10a, Patterson-UTI Energy, Inc. reciprocityDEF 14A0001628280-25-017335Patterson-UTI Energy, Inc. names Weatherford International in its own disclosed peer group (read from its most recent proxy). Filing ↗
51Section 10a, TechnipFMC plc reciprocityDEF 14A0001628280-26-019819TechnipFMC plc names Weatherford International in its own disclosed peer group (read from its most recent proxy). Filing ↗
52Section 10a, Expro Group Holdings N.V. reciprocityDEF 14A0001193125-25-078440Expro Group Holdings N.V. names Weatherford International in its own disclosed peer group (read from its most recent proxy). Filing ↗
53Section 10a, Transocean Ltd. reciprocityDEF 14A0001104659-26-037805Transocean Ltd. names Weatherford International in its own disclosed peer group (read from its most recent proxy). Filing ↗
54Section 10a, Halliburton Company reciprocityDEF 14A0000045012-26-000033Halliburton Company names Weatherford International in its own disclosed peer group (read from its most recent proxy). Filing ↗