Sundar PichaiSundar Pichai earned $164M in 2023

Brian R. Gray is the CEO of Knife River Corporation, having taken on the role on March 1, 2023. With a wealth of experience, he has been part of the Knife River team since 2012, serving in various leadership roles...

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Brian R. Gray

CEO of Knife River

Field of Expertise

Business & Management

Sector of Economy

Basic Materials

CEO of Knife River for

1 year 11 months (May 2023 - Present)

Previous Experience

Previously served as President of Knife River Corporation

Rivals

Competitors/colleagues of Brian R. Gray

Holdings

See how much did Brian R. Gray make over time.

As CEO of Knife River Corporation, Brian R. Gray has seen a consistent growth in his holdings, reflecting his commitment to the company. After the recent spin-off from MDU Resources, his current wealth in Knife River’s shares highlights the trust...

Insider Trading

See recent insider trades of Brian R. Gray.

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

Compensation History

See how much did Brian R. Gray make over time.

In 2023, Brian R. Gray’s compensation totaled $1.25 million, which included a $500,000 base salary and various performance-based incentives. The bonus he received was tied to the company's performance metrics, focusing on revenue growth and profit margins. His compensation reflects a considerable increase from his previous roles, showcasing how his ascension to CEO has resulted in a significant change in earnings. The structure of his pay, heavily reliant on performance, ensures that Brian's interests align with those of the shareholders, promoting a culture of accountability and excellence within the company. Moreover, the total value of his vested stock units, amounting to $600,000 in restricted stock units, illustrates his investment in the future of Knife River and his commitment to its success.

Year

2023

Total Compensation

$1.25M

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

$50.00K

Board Justification

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

Restricted Stock

$600.00K(20K 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.