Clay Gaspar is President and Chief Executive Officer of Devon Energy Corp (DVN). The company reported total compensation of $12,566,384 for fiscal year 2025.
| Salary | $938,125 |
|---|---|
| Bonus | $0 |
| Stock awards | $9,633,689 |
| Option awards | $0 |
| Non-equity incentive plan | $1,612,000 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $382,570 |
| Total | $12,566,384 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure Devon Energy Corp filed May 28, 2026, accession 0001104659-26-067065.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | President and Chief Executive Officer | $938,125 | $0 | $9,633,689 | $0 | $1,612,000 | $0 | $382,570 | $12,566,384 |
| FY2024 | Executive Vice President and Chief Operating Officer | $703,315 | $0 | $4,959,051 | $0 | $1,117,900 | $0 | $226,527 | $7,006,793 |
| FY2023 | Executive Vice President and Chief Operating Officer | $674,362 | — | $4,685,973 | — | $687,100 | — | $290,219 | $6,337,654 |
| FY2022 | Executive Vice President and Chief Operating Officer | $638,362 | — | $4,518,726 | — | $1,058,800 | — | $279,155 | $6,495,043 |
| FY2021 | Executive Vice President and Chief Operating Officer | $589,000 | $0 | $3,609,362 | $0 | $1,097,400 | $0 | $124,210 | $5,419,972 |
Totals as disclosed in each year's own compensation disclosure for Devon Energy Corp.
| Peer-group chief executive median | $14,931,423 |
|---|---|
| Difference from that median | $-2,365,039 |
| Percentile within the disclosed peer group | 1st |
| Peers with a disclosed figure | 8 |
Medians and percentiles are computed across the peer group Devon Energy Corp discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Clay Gaspar this page | President and Chief Executive Officer | $12,566,384 |
| Jeffrey Ritenour | Executive Vice President and Chief Financial Officer | $6,411,245 |
| David Harris | Former Executive Vice President and Chief Corporate Development Officer | $5,407,863 |
| Dennis Cameron | Executive Vice President and General Counsel | $4,678,542 |
| Tana Cashion | Executive Vice President Human Resources and Administration | $3,248,224 |
| John Raines | Senior Vice President E&P Asset Management | $2,843,117 |
| Richard Muncrief | Former President and Chief Executive Officer | $857,300 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Devon Energy Corp compensation brief.
Clay Gaspar's compensation sits inside Devon Energy Corp's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.