Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Brian R. Gray earned $1.25M in total compensation at Knife River, including $500.00K salary, $100.00K bonus and $600.00K in stock. Most recently acquired 1 shares in Feb 2024. Currently holds stock worth $7.52M. 2+ years at the helm of Knife River.

Compensation History

Annual executive compensation data for Brian R. Gray, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$1.25M

Salary

$500.00K

Bonus

$100.00K

Other

$50.00K

Salary

$500.00K

Board Justification

The compensation philosophy focuses on aligning executive pay with company performance, with a significant portion of compensation being performance-based to attract and retain top talent.

Bonus

$100.00K

Board Justification

The bonus is based on the company's performance metrics including revenue growth and Adjusted EBITDA targets for the year 2023.

Other Compensation

$50.00K

Board Justification

Other compensation includes retirement contributions and health benefits paid in 2023.

Restricted Stock

$600.00K20K RSU

Board Justification

The vested stock consists of time-based restricted stock units that were granted in prior years and vested in 2023, requiring the executive to remain employed through the vesting period.

Performance Metrics

Performance metrics include revenue growth, Adjusted EBITDA, and other strategic objectives tied to the company's Competitive EDGE strategy.

K

Brian R. Gray

CEO of Knife River

Field of Expertise

Business & Management

Sector of Economy

Basic Materials

CEO of Knife River for

2 years 6 months (May 2023 - Present)

Previous Experience

Previously served as President of Knife River Corporation

Holdings

Track Brian R. Gray's stock holdings and portfolio value over time.

Insider Trading

Brian R. Gray's recent stock transactions, purchases, and sales filed with the SEC.

KNF

$73.65

KNF at $73.65/share

Feb 29, 2024

Purchase

KNF

17,769 shares

KNF

Feb 22, 2024

Received

KNF

41,696 shares

KNF

Jul 12, 2023

Received

Rivals

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