Steven J. Kean served as the CEO of Kinder Morgan, Inc. from June 2015 to August 2023, contributing to the company's growth in the energy sector. He has held various management roles in Kinder Morgan since 2002. Kean earned his...

Current Market Cap

$50.14B

Number of Employees

10.89K

Total Compensation

2019 - 2023

Trending up by 1248648.29% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Up by 544.28% last year

Year

2023

Total Compensation

$18.26M

Salary

$1.00

Board Justification

The compensation philosophy emphasizes long-term equity awards and aligns executive compensation with stockholder interests, focusing on performance-based incentives rather than fixed compensation.

Bonus

$0.00

Board Justification

Mr. Kean waived his participation in the Annual Incentive Plan during his service as CEO.

Other

$9.41K

Board Justification

Represents the change in pension value for Mr. Kean's accumulated benefits under the Kinder Morgan Retirement Plan as of December 31, 2023.

Restricted Stock

$18.25M(1.03M RSU)

Board Justification

Represents a 2021 performance-based RSU award that was subject to a performance vesting condition requiring us to achieve annualized DCF per share for any four quarters of the two-year performance period equal to $1.95, which condition was satisfied. The DCF per share budget for 2021 was $1.95. This award was granted to Mr. Kean in 2021 as a multi-year award and he did not receive any RSU award in 2022 or 2023.

Performance Metrics

The primary financial performance target under both our annual and long-term incentive awards is distributable cash flow (DCF) per share.

SEC Filing

From March 28, 2024

Steven J. Kean

Ex-CEO of Kinder Morgan

SJ

Education

Juris Doctor from the University of Iowa; Bachelor of Arts from Iowa State University

Field of Expertise

Business & Management

Born

March 1, 1972 - 52 years ago

Is Founder?

No

Tenure

8 years 2 months (Jun 2015 - Aug 2023)

Previous Experience

President and Chief Operating Officer of Kinder Morgan, Inc.