Kelcy L. Warren is the Executive Chairman of Energy Transfer LP, a major player in the energy sector. He helped transform the company from a small pipeline business into a leading energy firm. Kelcy, born on November 10, 1956, co-founded...

Number of Employees

13.79K

Year

2012

Total Compensation

$651.17K

Salary

$425.00K

Board Justification

The compensation philosophy is designed to align executive compensation with company performance, utilizing peer benchmarking and retention strategies to ensure competitive compensation packages.

Bonus

$225.00K

Board Justification

The bonus is based on performance metrics established by the Compensation Committee, including total bookings and adjusted operating income, with payouts determined quarterly and annually based on achieving these targets.

Other

$1.17K

Board Justification

Other compensation includes matching contributions under the 401(k) plan and life insurance premiums paid by the company.

Restricted Stock

$0.00(0 common stock)

Board Justification

No stock was reported as vested in 2012.

Performance Metrics

Performance metrics include total bookings, adjusted operating income, and cash balance.

SEC Filing

From April 30, 2013

Kelcy L. Warren

Founder and CEO of Energy Transfer

E

Education

Bachelor's degree in Civil Engineering from the University of Texas at Arlington

Field of Expertise

Technology & Engineering - Engineering

Born

November 5, 1955 - 69 years ago

Is Founder?

Yes

Current Tenure

17 years 4 months (Aug 2007 - Present)

Previous Experience

Co-Chief Executive Officer and Co-Chairman of Energy Transfer Partners, L.P.