Sundar PichaiSundar Pichai earned $164M in 2023
E

Michael A. Creel

Ex-CEO of Enterprise Products Partners

Education

Certified Public Accountant

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1960 - 65 years ago

Economy Sector

Energy

Tenure

8 years 4 months (Aug 2007 - Dec 2015)

Previous Experience

Executive Vice President and Chief Financial Officer of Enterprise Products GP, LLC; Chief Operating Officer of EPCO, Inc.

Michael A. Creel served as the CEO of Enterprise Products Partners L.P. until his retirement in December 2015. With a background as a Certified Public Accountant, Creel was not just a numbers guy; his leadership helped shape one of the...

Year

2012

Total Compensation

$6.77M

Salary

$769.00K

Board Justification

The compensation philosophy aims to align CEO compensation with company performance, focusing on competitive compensation to attract and retain talent, without specific performance-based criteria.

Bonus

$1.55M

Board Justification

The bonus for 2012 was a discretionary annual cash award, paid in February 2013, based on general consideration of the company's financial performance and the CEO's contributions.

Other

$597.61K

Board Justification

Includes contributions to retirement plans, quarterly distributions on incentive plan awards, life insurance premiums, and other compensations.

Restricted Stock

$3.85M(76.15K Restricted Common Units)

Board Justification

Restricted common unit awards vested in 2012, entitling the CEO to acquire common units at no cost, subject to service conditions.

Performance Metrics

No specific performance metrics were used to determine the CEO's compensation for 2012; decisions were based on subjective judgment of contributions and company performance.