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...

Current Market Cap

$10.01B

Number of Employees

402

Total Compensation

2021 - 2023

Trending up by 94.80% last year
Showing total compensation for the last 2021 - 2023

Stock

Up by 0.00% last year

Salary

Up by 14.77% last year

Bonus

Down by -7.80% last year

Other

Up by 12.26% last year

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.

SEC Filing

From March 28, 2024