Murphy USA's chief
earns $5.8M in '17
Murphy USA Chief Executive Officer Andrew Clyde earned about $5.8 million last year, according to an annual proxy statement filed with the U.S. Securities and Exchange Commission.
Clyde's income was down from $6.2 million in 2016. His 2017 pay included about $1 million in salary, $3.5 million in stock awards, more than $864,000 in nonequity incentive plan compensation and about $340,000 in other income.
The total compensation was 334 times the median annual compensation of the rest of the company's employees ($16,831), according to the proxy statement.
Mindy West, Murphy USA's chief financial officer and treasurer, earned $2.3 million, and executive vice president Daryl Schofield made $2 million. Senior vice presidents John Moore and John Corrigan each earned about $1.3 million last year.
The company will hold its shareholders meeting May 3 in El Dorado.
-- Robbie Neiswanger
State survey gauges
responses to tariffs
The World Trade Center Arkansas and the Arkansas District Export Council are urging Arkansas-based companies that could be affected by a proposed U.S. tariff on aluminum and steel to answer a survey by Wednesday.
The groups are seeking the perspectives of the state's business owners, farmers and other interested parties, according to a Friday release. The survey can be found on the first page of the World Trade Center Arkansas website.
"We are asking Arkansas businesses to communicate their thoughts, concerns and observations about the proposed tariffs in order to ensure those views are heard by our elected officials and trade negotiators in Washington," Lenka Horakova, chairman of the Arkansas District Export Council, said in a statement.
The information from the survey will be used to generate a report for the governor's office and the state's congressional delegation, according to the release. The tariffs take effect March 23.
-- John Magsam
State index up 4.29
as most stocks rise
The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, rose 4.29 to 421.53 Friday.
All but one stock gained ground.
Windstream jumped 11.5 percent in heavy trading and Murphy Oil gained 2.6 percent on average volume.
Total volume for the index was 56.1 million shares. The average volume for the week was 30 million shares.
The index was developed by Bloomberg News and the Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.
Business on 03/17/2018