Vaalco Energy (EGY) executive compensation, 2026 proxy

George W. M. Maxwell, Chief Executive Officer, was paid $3M in 2025, flat from $3M the year before. The CEO-to-median-employee pay ratio was 26:1, on median employee pay of $113,552.

Filed
April 24, 2026
Pay year
2025
Named executives
5
CEO total pay
$3Mflat vs prior year
CEO to median employee
26:1median $113,552
CEO pay in equity
55%$1.7M in awards
Prior say-on-pay support
94%of votes cast
Capital Expenditures
$236MInvested in Gabon and Egypt
Shareholder Returns
$26.5MReturned through dividends in 2025
Say on Pay Support
93.5%Prior year advisory vote support
Year-End Reserves
43.0 MMBOENet reserves at end of 2025

How Maxwell was paid

$3M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary21%Stock awards55%Non-equity incentive21%All other compensation3%

Named executive officers

ExecutiveTotal
George W. M. MaxwellChief Executive Officer$3,001,723
Ronald Y. BainChief Financial Officer$1,475,181
Thor PrucklChief Operating Officer$1,749,869
Matthew R. PowersExecutive Vice President and General Counsel$1,128,813
Casey DonohueExecutive Vice President, Technical and Business Development$649,791

What changed and why

  • $3MChief executive officer total compensation decreased slightly to $3,001,723 in 2025 from $3,015,493 in 2024.
  • $26.5MThe company returned $26.5 million to shareholders through dividends during 2025.
  • 93.5%Advisory say-on-pay proposal received approximately 93.5% support at the prior annual meeting.
  • $236MCapital expenditures totaled $236 million to invest in future growth across multiple countries.
  • The company met or exceeded quarterly guidance targets throughout fiscal year 2025.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.