Kinder Morgan Management

Management criteria checks 2/4

Kinder Morgan's CEO is Steve Kean, appointed in Jun 2015, has a tenure of 7.5 years. total yearly compensation is $18.00M, comprised of 0% salary and 100% bonuses, including company stock and options. directly owns 0.33% of the company’s shares, worth €126.15M. The average tenure of the management team and the board of directors is 4.7 years and 11.1 years respectively.

Key information

Steve Kean

Chief executive officer

US$18.0m

Total compensation

CEO salary percentage	0.0%
CEO tenure	7.5yrs
CEO ownership	0.3%
Management average tenure	4.7yrs
Board average tenure	11.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Steve Kean's remuneration changed compared to Kinder Morgan's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2022	n/a	n/a	US$3b
Jun 30 2022	n/a	n/a	US$2b
Mar 31 2022	n/a	n/a	US$1b
Dec 31 2021	US$18m	US$1	US$2b
Sep 30 2021	n/a	n/a	US$2b
Jun 30 2021	n/a	n/a	US$2b
Mar 31 2021	n/a	n/a	US$2b
Dec 31 2020	US$1	US$1	US$106m
Sep 30 2020	n/a	n/a	US$110m
Jun 30 2020	n/a	n/a	US$161m
Mar 31 2020	n/a	n/a	US$1b
Dec 31 2019	US$7k	US$1	US$2b
Sep 30 2019	n/a	n/a	US$2b
Jun 30 2019	n/a	n/a	US$2b
Mar 31 2019	n/a	n/a	US$2b
Dec 31 2018	US$16m	US$1	US$1b
Sep 30 2018	n/a	n/a	-US$53m
Jun 30 2018	n/a	n/a	-US$409m
Mar 31 2018	n/a	n/a	US$106m
Dec 31 2017	US$5k	US$1	US$22m
Sep 30 2017	n/a	n/a	US$1b
Jun 30 2017	n/a	n/a	US$676m
Mar 31 2017	n/a	n/a	US$671m
Dec 31 2016	US$288k	US$1	US$548m
Sep 30 2016	n/a	n/a	-US$345m
Jun 30 2016	n/a	n/a	US$65m
Mar 31 2016	n/a	n/a	US$64m
Dec 31 2015	US$1m	US$1	US$214m

Compensation vs Market: Steve's total compensation ($USD18.00M) is above average for companies of similar size in the German market ($USD4.53M).

Compensation vs Earnings: Steve's compensation has increased by more than 20% in the past year.

CEO

Steve Kean (60 yo)

7.5yrs

Tenure

US$18,000,259

Compensation

Mr. Steven J. Kean, also known as Steve, has been Chief Executive Officer at Kinder Morgan, Inc., since June 1, 2015 and was its President since March 31, 2013 until April 18, 2018. Mr. Kean has been an Ex...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Steven Kean	CEO & Director	7.5yrs	US$18.00m	0.33% € 126.1m
Kimberly Dang	President & Director	4.7yrs	US$6.12m	0.11% € 42.1m
David Michels	VP & CFO	4.7yrs	US$2.23m	0.0039% € 1.5m
James Holland	VP & COO	2.4yrs	US$2.98m	0.015% € 5.8m
Dax Sanders	VP & President of Products Pipelines	4.7yrs	US$2.72m	0.013% € 5.1m
Richard Kinder	Executive Chairman of the Board	23.2yrs	US$1.00	11.44% € 4.4b
Mark Huse	VP & Chief Information Officer	9.9yrs	no data	no data
Denise Mathews	VP & Chief Administrative Officer	4.9yrs	no data	0.0035% € 1.4m
Catherine B. James	VP & General Counsel	3.8yrs	no data	0.0011% € 428.2k
David Conover	Vice President of Government Relations & Communications	no data	no data	no data
Kevin Grahmann	VP & Head of the Corporate Development	2.4yrs	no data	0.0013% € 516.9k
John Schlosser	VP & President of Terminals	8yrs	US$9.76m	0.0010% € 389.6k

4.7yrs

Average Tenure

58yo

Average Age

Experienced Management: 2KD's management team is considered experienced (4.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Steven Kean	CEO & Director	15.6yrs	US$18.00m	0.33% € 126.1m
Kimberly Dang	President & Director	5.9yrs	US$6.12m	0.11% € 42.1m
Richard Kinder	Executive Chairman of the Board	23.2yrs	US$1.00	11.44% € 4.4b
Ted Gardner	Independent Director	8yrs	US$236.21k	0.022% € 8.6m
Joel Staff	Independent Director	11.7yrs	US$239.83k	0.0049% € 1.9m
Michael Morgan	Independent Lead Director	15.6yrs	US$243.17k	0.019% € 7.5m
Deborah Macdonald	Independent Director	11.7yrs	US$238.22k	0.0022% € 868.0k
C. Shaper	Independent Director	15.6yrs	US$235.00k	0.43% € 164.1m
Ronald Kuehn	Independent Director	8yrs	US$235.00k	0.0065% € 2.5m
Anthony Hall	Independent Director	10.6yrs	US$235.00k	0.0021% € 810.1k
Gary Hultquist	Independent Director	8yrs	US$243.17k	0.0019% € 729.1k
Robert Vagt	Independent Director	10.6yrs	US$236.21k	0.0019% € 752.3k

11.1yrs

Average Tenure

72.5yo

Average Age

Experienced Board: 2KD's board of directors are seasoned and experienced ( 11.1 years average tenure).

Kinder Morgan Management

Management criteria checks 2/4

Key information

Recent management updates

Kinder Morgan, Inc., Annual General Meeting, May 08, 2024

Ronald Kuehn to Retire from the Kinder Morgan, Inc.’s Board of Directors

Kinder Morgan, Inc. Announces Retirement of Gary Hultquist as Director, Effective October 31, 2023

Kinder Morgan, Inc. Appoints Kim Dang as Chief Executive Officer, as of August 1, 2023

Kinder Morgan, Inc. Announces Executive Changes

VP & President of Products Pipelines recently sold €106k worth of stock

Recent updates

Kinder Morgan, Inc. Approves Cash Dividend for the Third Quarter of 2024, Payable on November 15, 2024

Kinder Morgan, Inc. to Report Q3, 2024 Results on Oct 16, 2024

Kinder Morgan, Inc. to Report Q2, 2024 Results on Jul 17, 2024

Kinder Morgan, Inc. Provides Earnings Guidance for the Year 2024

Kinder Morgan, Inc. to Report Q1, 2024 Results on Apr 17, 2024

Kinder Morgan, Inc., Annual General Meeting, May 08, 2024

Kinder Morgan, Inc. Approves Cash Dividend for the Fourth Quarter of 2023, Payable on February 15, 2024

Kinder Morgan, Inc. to Report Q4, 2023 Results on Jan 17, 2024

Kinder Morgan, Inc. (NYSE:KMI) completed the acquisition of South Texas Midstream, LLC from South Texas Midstream Holdings LLC.

Ronald Kuehn to Retire from the Kinder Morgan, Inc.’s Board of Directors

Kinder Morgan, Inc. (NYSE:KMI) entered into a definitive agreement to acquire South Texas Midstream, LLC from South Texas Midstream Holdings LLC for approximately $1.8 billion.

Kinder Morgan, Inc. Provides Earnings Guidance for the Full Year 2023

Kinder Morgan, Inc. Approves Dividend for the Third Quarter, Payable on November 15, 2023

Kinder Morgan, Inc. to Report Q3, 2023 Results on Oct 18, 2023

Kinder Morgan, Inc. Announces Retirement of Gary Hultquist as Director, Effective October 31, 2023

Kinder Morgan, Inc. Appoints Kim Dang as Chief Executive Officer, as of August 1, 2023

Kinder Morgan, Inc. Provides Earnings Guidance for the Year 2023

Kinder Morgan, Inc. to Report Q2, 2023 Results on Jul 19, 2023

Kinder Morgan, Inc. Announces Executive Changes

Kinder Morgan, Inc. Approves Cash Dividend for the Fourth Quarter of 2022, Payable on February 15, 2023

Kinder Morgan, Inc. to Report Q4, 2022 Results on Jan 18, 2023

Kinder Morgan, Inc. Provides Earnings Guidance for the Year 2022 and 2023

Kinder Morgan, Inc. Approves a Cash Dividend for the Third Quarter of 2022, Payable on November 15, 2022

Kinder Morgan, Inc. to Report Q3, 2022 Results on Oct 19, 2022

An undisclosed buyer acquired 25.5% stake in Elba Liquefaction Company, LLC from Kinder Morgan, Inc. (NYSE:KMI) for approximately $570 million.

An undisclosed buyer acquired 25.5% stake in Elba Liquefaction Company, LLC from Kinder Morgan, Inc. (NYSE:KMI) for approximately $570 million.

Now 22% undervalued

Kinder Morgan, Inc. (NYSE:KMI) acquired North American Natural Resources, Inc., North American Biofuels, LLC and North American-Central, LLC for approximately $140 million.

Second quarter 2022 earnings released: EPS: US$0.28 (vs US$0.34 loss in 2Q 2021)

Kinder Morgan, Inc. Provides Earnings Guidance for the Fiscal Year of 2022

Kinder Morgan, Inc. to Report Q2, 2022 Results on Jul 20, 2022

Now 22% undervalued after recent price drop

Now 21% undervalued after recent price drop

VP & President of Products Pipelines recently sold €106k worth of stock

First quarter 2022 earnings released: EPS: US$0.29 (vs US$0.62 in 1Q 2021)

First quarter 2022 earnings released: EPS: US$0.29 (vs US$0.62 in 1Q 2021)

Kinder Morgan, Inc. Provides Earnings Guidance for the Year 2022

Kinder Morgan, Inc. to Report Q1, 2022 Results on Apr 20, 2022

Kinder Morgan, Inc., Annual General Meeting, May 11, 2022

Insider recently sold €1.0m worth of stock

Kinder Morgan, Inc. Provides Earnings Guidance for the Year 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Independent Director recently bought €187k worth of stock

Kinder Morgan, Inc. Announces Earnings Guidance for 2022

Third quarter 2021 earnings released: EPS US$0.22 (vs US$0.20 in 3Q 2020)

VP & President of Natural Gas Pipelines recently sold €967k worth of stock

Second quarter 2021 earnings released: US$0.33 loss per share (vs US$0.28 loss in 2Q 2020)

Kinder Morgan, Inc. Provides Financial Guidance for Fiscal 2021

First quarter 2021 earnings released: EPS US$0.62 (vs US$0.14 loss in 1Q 2020)

Kinder Morgan, Inc. Provides Earnings Guidance for the Year 2021

New 90-day high: €13.12

A fund controlled by ArcLight Capital Partners, LLC agreed to acquire 25% stake in Natural Gas Pipeline Company of America LLC from Kinder Morgan, Inc. (NYSE:KMI) and Brookfield Infrastructure Partners L.P. (NYSE:BIP) for $830 million.

Full year 2020 earnings released: EPS US$0.047 (vs US$0.96 in FY 2019)

Revenue beats expectations

Full year 2020 earnings released: EPS US$0.053

Revenue beats expectations

New 90-day high: €12.79

Kinder Morgan, Inc. to Report Q4, 2020 Results on Jan 20, 2021

Kinder Morgan Announces Retirement of Fayez Sarofim from Board of Directors

New 90-day high: €12.36

New 90-day low: €10.05

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members