Sundar PichaiSundar Pichai earned $164M in 2023

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...

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David Slater

CEO of DT Midstream

Education

Bachelor's degree in Business Administration

Field of Expertise

Business & Management

Sector of Economy

Energy

Born

January 1, 1967 - 58 years ago

CEO of DT Midstream for

3 years 9 months (Jul 2021 - Present)

Previous Experience

President of the Company

Holdings

See how much did David Slater make over time.

Over the years, David's holdings in DT Midstream have seen significant fluctuations. Starting from the beginning of 2021, his net worth was around $3 million in stock value, which steadily increased as the share price went up, reflecting the company's...

Mar 18, 2025

Insider Trading

See recent insider trades of David Slater.

DTM

103,487 shares

DTM

Feb 25, 2025

Received

DTM

18,339 shares

DTM

Feb 15, 2024

Received

DTM

$69.86K

DTM at $46.57/share

May 8, 2023

Purchase

DTM

6,813 shares

DTM

Jan 30, 2022

Received

DTE

6,525 shares

DTE

Jan 27, 2021

Received

DTE

7,798 shares

DTE

Jan 29, 2020

Received

DTE

5,565 shares

DTE

Jan 30, 2019

Received

DTE

4,224 shares

DTE

Jan 31, 2018

Received

Compensation History

See how much did David Slater make over time.

In 2023, David Slater’s total compensation reached about $7.97 million, which included a base salary of $776,923 and a performance-based bonus of $1,455,700. This bonus was tied to his ability to meet key performance indicators like adjusted EBITDA and total shareholder return. An additional $2.4 million came from stock units that vested this year. His compensation reflects a pay-for-performance model, aligning his interests with those of the company’s shareholders. In the previous year, his total compensation was significantly lower, at $1.93 million, showcasing the impact of successful company performance and strategic accomplishments in 2023. This structure incentivizes David to not only manage effectively but also ensure that DT Midstream is positioned for future growth.

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.