As the CEO of ONEOK, Pierce H. Norton II has seen significant fluctuations in his stock holdings over the years. In 2023, he earned a total compensation of over $9.9 million, with a focus on performance-linked payouts. His personal holdings...
As the CEO of ONEOK, Pierce H. Norton II has seen significant fluctuations in his stock holdings over the years. In 2023, he earned a total compensation of over $9.9 million, with a focus on performance-linked payouts. His personal holdings have been influenced by his work at ONE Gas and ONEOK, where he transitioned from being the CEO of ONE Gas to leading the larger ONEOK operation. In 2020, he had substantial vested stock worth nearly $10 million. His approach to investing typically sees him align his financial stakes with the company's success, reflecting a commitment to long-term value creation for shareholders. His vested stock for 2023 alone was valued at around $813,000. The structure of his holdings underscores the expectation that his financial well-being directly correlates with the company's performance, showcasing a clear incentive to drive the company forward.