Sundar PichaiSundar Pichai earned $164M in 2023

Harry N. Pefanis is the President of Plains All American Pipeline, L.P. Since taking the helm in 2017, he has leveraged his extensive experience in operations and commercial strategy to influence the company significantly. Pefanis has worked within the Plains...

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Harry N. Pefanis

Ex-CEO of Plains All American Pipeline, L.P.

Field of Expertise

Business & Management

Sector of Economy

Energy

CEO of Plains All American Pipeline, L.P. for

2 years 4 months (Oct 2018 - Feb 2021)

Previous Experience

Senior Vice President of Plains All American Pipeline, L.P.; Chief Operating Officer of Plains Exploration and Production Company.

Holdings

See how much did Harry N. Pefanis make over time.

Harry N. Pefanis's financial involvement with Plains All American Pipeline is evidenced through his performance metrics rather than traditional stock ownership. During his leadership, the company's market value experienced notable ups and downs, peaking at $5.52 billion in September 2019,...

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Charitable Transactions

PAA

612,189 shares

PAA

Recent Charitable Transactions

PAA

40,000 shares

PAA

Dec 31, 2021

Charity

PAA

190,000 shares

PAA

Dec 31, 2020

Charity

PAA

180,000 shares

PAA

Dec 31, 2019

Charity

PAA

32,189 shares

PAA

Aug 14, 2017

Charity

PAA

100,000 shares

PAA

Dec 21, 2012

Charity

PAA

20,000 shares

PAA

May 3, 2012

Charity

Insider Trading

See recent insider trades of Harry N. Pefanis.

PAA

40,000 shares

PAA

Dec 31, 2021

Charity

PAA

190,000 shares

PAA

Dec 31, 2020

Charity

PAA

$139.27K

PAA at $6.96/share

Mar 12, 2020

Purchase

PAA

$424.81K

PAA at $14.16/share

Feb 26, 2020

Purchase

PAA

180,000 shares

PAA

Dec 31, 2019

Charity

PAA

32,189 shares

PAA

Aug 14, 2017

Charity

PAA

52,065 shares

PAA

Dec 31, 2013

Received

PAA

100,000 shares

PAA

Dec 21, 2012

Charity

PAA

100,000 shares

PAA

Dec 21, 2012

Charity

PAA

20,000 shares

PAA

May 3, 2012

Charity

Compensation History

See how much did Harry N. Pefanis make over time.

In 2023, Harry N. Pefanis received a total compensation of about $2.05 million. His base salary was $600,000, with a significant bonus of $1.425 million based on performance metrics that scored higher than targets set for overall and individual achievements. This represents a bonus payout of 119% of the target, which aligns with the company’s goals and performance indicators. Pefanis has opted out of stock awards and options, which implies a preference for liquid compensation linked directly to the company’s performance. Other parts of his compensation included benefits such as retirement contributions and insurance premiums amounting to approximately $20,640. His compensation structure emphasizes retention and incentivizes performance, showing a modern approach to executive pay, aligning with both company and stakeholder interests.

Year

2023

Total Compensation

$2.05M

Salary

$600.00K

Board Justification

The compensation philosophy aligns with company performance and individual contributions, with a focus on retention and performance-based incentives.

Bonus

$1.43M

Board Justification

The bonus is based on a target amount of $1,200,000, with a company score of 131% and an individual performance score of 100%, resulting in a total payout of 119% of the target bonus.

Other

$20.64K

Board Justification

Other compensation includes benefits such as retirement contributions and insurance premiums.

Restricted Stock

$0.00(0 Phantom Units)

Board Justification

No stock awards were granted to Mr. Pefanis in 2023 as he opted out of the long-term incentive program.

Performance Metrics

The performance metrics for determining compensation include individual performance scores and company performance results.

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