Delaware (State or other jurisdiction of incorporation ) |
1-32693 (Commission File Number) |
54-2091194 (IRS Employer Identification No.) |
500 W. Illinois, Suite 100 | ||
Midland, Texas | 79701 | |
(Address of principal executive offices) | (Zip Code) |
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
2011 Base Salary | 2010 Cash Bonus | |||||||
Kenneth V. Huseman |
$ | 700,000 | $ | 390,000 | ||||
President, Chief Executive Officer and Director |
||||||||
Alan Krenek |
$ | 350,000 | $ | 180,000 | ||||
Senior Vice President, Chief Financial Officer,
Treasurer and Secretary |
||||||||
T.M. Roe Patterson |
$ | 325,000 | $ | 180,000 | ||||
Senior Vice President Rig and Truck Operations |
||||||||
James F. Newman |
$ | 250,000 | $ | 125,000 | ||||
Group Vice President Completion and Remedial
Services |
||||||||
James E. Tyner |
$ | 225,000 | $ | 90,000 | ||||
Vice President Human Resources |
||||||||
Douglas B. Rogers |
$ | 230,000 | $ | 90,000 | ||||
Vice President Marketing |
2
Basic Energy Services, Inc. |
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Date: February 23, 2011 | By: | /s/ Alan Krenek | ||
Name: | Alan Krenek | |||
Title: | Senior Vice President, Chief Financial Officer, Treasurer and Secretary | |||