Sundar PichaiSundar Pichai earned $164M in 2023

Michael E. Haefner has been the CEO of Atmos Energy Corporation since October 1, 2017. He previously served as the President and Chief Operating Officer of the company starting in October 2015. His journey at Atmos Energy began back in...

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Michael E. Haefner

CEO of Atmos Energy

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Utilities

Born

January 1, 1960 - 65 years ago

CEO of Atmos Energy for

7 years 6 months (Oct 2017 - Present)

Previous Experience

President and Chief Operating Officer of Atmos Energy Corporation

Holdings

See how much did Michael E. Haefner make over time.

Michael E. Haefner has displayed an active involvement in the stock of Atmos Energy, with his holdings peaking at about $17.07 million in value in September 2024. Over the past few years, his wealth has fluctuated significantly, starting from around...

Insider Trading

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ATO

7,647 shares

ATO

Nov 2, 2013

Received

ATO

4,947 shares

ATO

Nov 6, 2012

Received

ATO

4,627 shares

ATO

Nov 8, 2011

Received

Compensation History

See how much did Michael E. Haefner make over time.

In 2023, Michael E. Haefner’s total compensation with Atmos Energy amounted to approximately $8.1 million, which includes a salary of about $1.0 million. Notably, his performance-based cash bonuses reached $1.5 million, influenced by exceeding earnings targets. His compensation structure is designed to align his interests with the company's long-term performance, particularly through vested stock awards worth over $5.1 million based on performance metrics during his tenure. Not just focused on immediate pay, Haefner's consistent performance has secured him a compelling total compensation package that reflects his commitment to the company's success and shareholder value across the board.

Year

2023

Total Compensation

$7.72M

Salary

$1.04M

Board Justification

The compensation program is designed to align executive compensation with the company's performance and shareholder interests, targeting competitive compensation levels based on market benchmarks.

Bonus

$1.52M

Board Justification

Cash payments attributable to performance achieved at the level of 133% of target EPS in fiscal 2023 under the Incentive Plan.

Other

$14.55K

Board Justification

Includes company contributions to retirement savings plan, company contributions to account balance SERP, cost of premiums for company-paid term life insurance, and financial planning services.

Restricted Stock

$5.15M(45.78K RSU)

Board Justification

Shares that vested during fiscal 2023 attributable to time-lapse RSUs as well as performance-based RSUs at the actual level of performance for the fiscal 2021-2023 performance period.

Performance Metrics

The primary performance metric for fiscal 2023 was diluted EPS, with a target of $6.00 and actual performance of $6.10.

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