Sean Trauschke has been the CEO of OGE Energy Corp. since June 2015, after serving as President of the company. He led the company to significant achievements, including a notable annual incentive bonus payout of $1.25 million in 2023, which...

Current Market Cap

$8.24B

Number of Employees

2.33K

Total Compensation

2018 - 2023

Trending down by -14.64% last year
Showing total compensation for the last 2018 - 2023

Stock

Down by -100.00% last year

Salary

Up by 5.00% last year

Bonus

Up by 0.00% last year

Other

Down by -2.51% last year

Year

2023

Total Compensation

$2.80M

Salary

$1.16M

Board Justification

The compensation philosophy is to provide competitive and reasonable levels of compensation with a significant performance-based portion to align the interests of executives with those of shareholders.

Bonus

$1.49M

Board Justification

Payout under the Annual Incentive Plan based on achievement of performance goals for 2023, representing approximately 117 percent of his targeted award and 128 percent of his salary paid in 2023.

Other

$154.25K

Board Justification

Includes contributions to 401(k) Plan, insurance premiums, and perquisites such as use of a company car and payment of social membership dues.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock grants were vested in 2023 as the performance units and restricted stock units are tied to future performance periods ending December 31, 2025.

Performance Metrics

The performance metrics for 2023 included OG&E Earnings Target, O&M Target, Customer/Operations Target, Safety Target, and Environmental Target.

SEC Filing

From April 1, 2024