John W. Gibson's wealth was significantly tied to his holdings in ONEOK. At his peak as CEO, he had impressive stock compensation, which included performance shares that were based on the company's earnings per share and return on capital. In...
John W. Gibson's wealth was significantly tied to his holdings in ONEOK. At his peak as CEO, he had impressive stock compensation, which included performance shares that were based on the company's earnings per share and return on capital. In 2012, he realized a staggering $28.8 million from vested stock, showcasing a peak in his wealth while tied to company performance. Over the years, Gibson's stock holdings reflected not just his financial success but also his commitment to aligning personal wealth with company success, reinforcing a performance-based approach to executive compensation. After retiring, his remaining holdings continue to show a drop due to fluctuations in stock prices, yet his tenure remains impactful in ONEOK's history.