Sundar PichaiSundar Pichai earned $164M in 2023
D

David Slater

CEO of DT Midstream

Education

Bachelor's degree in Business Administration

Field of Expertise

Business & Management

Born

January 1, 1967 - 58 years ago

Economy Sector

Energy

Current Tenure

3 years 7 months (Jul 2021 - Present)

Previous Experience

President of the Company

David Slater is the President and CEO of DT Midstream, Inc., a company he helped establish following its spin-off from DTE Energy in 2021. With over 30 years of experience in the energy sector, David has been integral in driving...

Year

2023

Total Compensation

$4.96M

Salary

$776.92K

Board Justification

The compensation philosophy is designed to align the interests of executive officers with those of stockholders by providing pay that is directly linked to the achievement of performance goals established to foster sustainable long-term stockholder value.

Bonus

$1.46M

Board Justification

Annual cash bonus based on performance against pre-established objectives for the year 2023, calculated as 125% of base salary with a corporate performance modifier.

Other

$324.09K

Board Justification

Includes company contributions to the DTM 401(k) Plan, contributions to the DTM Supplemental Savings Plan, and additional benefits such as imputed life insurance and athletic club membership dues.

Restricted Stock

$2.40M(45.32K RSU)

Board Justification

Restricted stock units and performance shares that vested in 2023, based on performance metrics achieved during the previous performance period.

Performance Metrics

The performance metrics include adjusted EBITDA, leverage ratio, and total shareholder return (TSR) versus long-term incentive plan peers.