In 2021, Terry K. Spencer earned $8.32M in total compensation at Oneok, including $652.48K salary and $7.56M in stock. Most recently acquired 32,806 shares in Mar 2020. Currently holds stock worth $89.17M.
Compensation History
Annual executive compensation data for Terry K. Spencer, including salary, bonuses, and stock awards.
Year
2021
Total Compensation
$8.32M
Salary
$652.48K
Bonus
$0.00
Other
$109.98K
Salary
$652.48KBoard Justification
The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with the company's performance and shareholder interests, while ensuring competitive compensation to attract and retain top talent.
Bonus
$0.00Board Justification
No bonus was awarded to Mr. Spencer for 2021 as he retired before the end of the year.
Other Compensation
$109.98KBoard Justification
Includes 401(k) match, profit-sharing contributions, and other benefits.
Restricted Stock
Board Justification
Restricted stock units that vested in 2021, including those that vested upon retirement on September 30, 2021.
Performance Metrics
Performance metrics for 2021 included financial and operational goals, with a focus on earnings per share and return on invested capital.
Terry K. Spencer
Ex-CEO of Oneok
Education
Bachelor of Science degree in mechanical engineering from the University of Alabama
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Energy
Born
June 1, 1961 - 64 years ago
CEO of Oneok for
0 years 3 months (Jun 2021 - Sep 2021)
Previous Experience
Various roles including Executive Vice President of ONEOK, Inc.
Other Oneok CEOs
Holdings
Track Terry K. Spencer's stock holdings and portfolio value over time.
Insider Trading
Terry K. Spencer's recent stock transactions, purchases, and sales filed with the SEC.
$496.06K
OKE at $15.12/share
Mar 18, 2020
Purchase
$1.01M
OKE at $36.45/share
Mar 10, 2020
Purchase
$77.17
OKE at $77.17/share
Jan 17, 2020
Received
$152.03
OKE at $76.02/share
Sep 16, 2019
Received
$74.06
OKE at $74.06/share
Sep 11, 2019
Received
$147.34
OKE at $73.67/share
Sep 9, 2019
Received
$71.21
OKE at $71.21/share
Jul 6, 2018
Received
$139.82
OKE at $69.91/share
Aug 28, 2014
Received
Rivals
Compare Terry K. Spencer with competitor CEOs and industry peers.
Kelcy L. Warren
Founder and CEO of Energy Transfer
2012 Compensation
Stock
$0.00
Salary
$425.00K
Bonus
$225.00K
Other
$1.17K
Total Holdings
$9.35M
Jeffrey A. Miller
CEO of Halliburton
2023 Compensation
Stock
$27.46M
Salary
$1.60M
Bonus
$0.00
Other
$659.12K
Total Holdings
$24.88M
Kaes Van't Hof
CEO of Diamondback Energy
2023 Compensation
Stock
$450.00K
Salary
$950.00K
Bonus
$300.00K
Other
$50.00K
Total Holdings
$15.80M
Matthew J. Meloy
CEO of Targa Resources
2023 Compensation
Stock
$24.08M
Salary
$970.48K
Bonus
$2.33M
Other
$29.54K
Total Holdings
$90.93M