OGE Energy Management

Management criteria checks 3/4

OGE Energy's CEO is Robert Trauschke, appointed in Aug 2014, has a tenure of 9.67 years. total yearly compensation is $8.44M, comprised of 13.7% salary and 86.3% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth €14.43M. The average tenure of the management team and the board of directors is 6.7 years and 7.4 years respectively.

Key information

Robert Trauschke

Chief executive officer

US$8.4m

Total compensation

CEO salary percentage	13.7%
CEO tenure	9.7yrs
CEO ownership	0.2%
Management average tenure	6.7yrs
Board average tenure	7.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Robert Trauschke's remuneration changed compared to OGE Energy's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$8m	US$1m	US$417m
Sep 30 2023	n/a	n/a	US$419m
Jun 30 2023	n/a	n/a	US$440m
Mar 31 2023	n/a	n/a	US$425m
Dec 31 2022	US$7m	US$1m	US$666m
Sep 30 2022	n/a	n/a	US$935m
Jun 30 2022	n/a	n/a	US$924m
Mar 31 2022	n/a	n/a	US$964m
Dec 31 2021	US$8m	US$1m	US$737m
Sep 30 2021	n/a	n/a	US$473m
Jun 30 2021	n/a	n/a	US$398m
Mar 31 2021	n/a	n/a	US$371m
Dec 31 2020	US$5m	US$1m	-US$174m
Sep 30 2020	n/a	n/a	-US$193m
Jun 30 2020	n/a	n/a	-US$120m
Mar 31 2020	n/a	n/a	-US$105m
Dec 31 2019	US$6m	US$1m	US$434m
Sep 30 2019	n/a	n/a	US$453m
Jun 30 2019	n/a	n/a	US$407m
Mar 31 2019	n/a	n/a	US$418m
Dec 31 2018	US$6m	US$960k	US$426m
Sep 30 2018	n/a	n/a	US$666m
Jun 30 2018	n/a	n/a	US$644m
Mar 31 2018	n/a	n/a	US$638m
Dec 31 2017	US$5m	US$950k	US$619m

Compensation vs Market: Robert's total compensation ($USD8.44M) is above average for companies of similar size in the German market ($USD3.35M).

Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.

CEO

Robert Trauschke (56 yo)

9.7yrs

Tenure

US$8,435,166

Compensation

Mr. Robert Sean Trauschke has been Chief Executive Officer of OGE Energy Corp since June 1, 2015. He has been a Director at Enable GP, LLC, general Partner of Enable Midstream Partners, LP since May 2013....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Robert Trauschke	Chairman	9.7yrs	US$8.44m	0.23% $ 14.4m
W. Buckler	Chief Financial Officer	3.3yrs	US$1.87m	0.012% $ 755.0k
William Sultemeier	General Counsel	7.3yrs	US$1.66m	0.027% $ 1.8m
Cristina McQuistion	Vice President of Corporate Responsibility & Stewardship	4.3yrs	US$894.63k	0.011% $ 689.0k
Donnie Jones	Vice President of Utility Operations of OG&E	no data	US$1.50m	0.021% $ 1.4m
Sarah Stafford	Chief Accounting Officer & Controller	6.1yrs	no data	0.014% $ 906.3k
Christine Woodworth	Vice President of Marketing & Communications	no data	no data	0.0031% $ 198.7k
Charles Walworth	Treasurer	10.2yrs	no data	0.018% $ 1.1m
Todd Tidwell	Director of Investor Relations	no data	no data	no data
Jason Bailey	Director of Investor Relations	no data	no data	no data

6.7yrs

Average Tenure

53yo

Average Age

Experienced Management: OG5's management team is seasoned and experienced (6.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Robert Trauschke	Chairman	8.9yrs	US$8.44m	0.23% $ 14.4m
Judy McReynolds	Lead Independent Director	12.8yrs	US$297.50k	0.00050% $ 32.0k
David Rainbolt	Independent Director	5.3yrs	US$272.50k	0.0075% $ 480.0k
David Hauser	Independent Director	8.8yrs	US$287.50k	0.0015% $ 96.1k
Sheila Talton	Independent Director	10.6yrs	US$250.00k	no data
Luther Kissam	Independent Director	3.6yrs	US$250.00k	0.0037% $ 239.7k
Frank Bozich	Independent Director	8.2yrs	US$250.00k	0.0076% $ 485.8k
Peter Clarke	Independent Director	6.2yrs	US$287.50k	0.00092% $ 59.0k
J. Sanner	Independent Director	6.6yrs	US$287.50k	0.0025% $ 160.2k
Cathy Gates	Independent Director	1.3yrs	US$267.50k	0.000050% $ 3.2k

7.4yrs

Average Tenure

65.5yo

Average Age

Experienced Board: OG5's board of directors are considered experienced (7.4 years average tenure).

OGE Energy Management

Management criteria checks 3/4

Key information

Recent management updates

OGE Energy Corp., Annual General Meeting, May 16, 2024

Insufficient new directors

Independent Director recently bought €173k worth of stock

OGE Energy Corp., Annual General Meeting, May 18, 2023

Insufficient new directors

OGE Energy Corp., Annual General Meeting, May 19, 2022

Recent updates

OGE Energy Corp., Annual General Meeting, May 16, 2024

Upcoming dividend of US$0.42 per share

Fourth quarter dividend of US$0.42 announced

Full year 2023 earnings released: EPS: US$2.08 (vs US$3.33 in FY 2022)

OGE Energy Corp. Approves Second Quarter Dividend, Payable on April 26, 2024

Upcoming dividend of US$0.42 per share at 4.8% yield

OGE Energy Corp. Declares Quarterly Dividend, Payable on January 26, 2024

OGE Energy Corp. Revises Consolidated Earnings Guidance for the Year 2023

OGE Energy Corp. Revises Consolidated Earnings Guidance for the Year 2023

Third quarter 2023 earnings released: EPS: US$1.21 (vs US$1.31 in 3Q 2022)

Insufficient new directors

OGE Energy Corp. Board of Directors Declares Quarterly Dividend, Payable on October 27, 2023

OGE Energy Corp. Provides Earnings Guidance for the Fiscal Year 2023

Second quarter 2023 earnings released: EPS: US$0.44 (vs US$0.36 in 2Q 2022)

Upcoming dividend of US$0.41 per share at 4.7% yield

OGE Energy Corp. Provides Earnings Guidance for the Year 2023

First quarter 2023 earnings released: EPS: US$0.19 (vs US$1.40 in 1Q 2022)

Upcoming dividend of US$0.41 per share at 4.5% yield

Independent Director recently bought €173k worth of stock

Full year 2022 earnings released: EPS: US$3.33 (vs US$3.69 in FY 2021)

Upcoming dividend of US$0.41 per share

OGE Energy Corp., Annual General Meeting, May 18, 2023

Insufficient new directors

Third quarter 2022 earnings released: EPS: US$1.31 (vs US$1.26 in 3Q 2021)

OGE Energy Corp. Provides Earnings Guidance for the Year 2022

OGE Energy Corp. Declares Quarterly Dividend, Payable on October 28, 2022

Second quarter 2022 earnings released: EPS: US$0.36 (vs US$0.56 in 2Q 2021)

OGE Energy Corp. Provides Earning Guidance for 2022

Upcoming dividend of US$0.41 per share

OGE Energy Corp. Declares Third Quarter Dividend, Payable on July 29, 2022

OGE Energy Corp., Annual General Meeting, May 19, 2022

First quarter 2022 earnings released: EPS: US$1.40 (vs US$0.26 in 1Q 2021)

OGE Energy Corp. Provides Earnings Guidance for the Year 2022

Insufficient new directors

VP of Governance & Corporate Secretary recently sold €146k worth of stock

Upcoming dividend of US$0.41 per share

Insider recently sold €80k worth of stock

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

OGE Energy Corp. Provides Earnings Guidance for the Full Year 2022

Now 21% undervalued

Insufficient new directors

Upcoming dividend of US$0.41 per share

Energy Transfer LP (NYSE:ET) completed the acquisition of Enable Midstream Partners, LP (NYSE:ENBL) from OGE Energy Corp. (NYSE:OGE), CenterPoint Energy, Inc. (NYSE:CNP) and others.

Independent Director recently bought €90k worth of stock

Third quarter 2021 earnings released: EPS US$2.73 (vs US$0.89 in 3Q 2020)

Independent Director recently bought €153k worth of stock

Independent Director recently bought €225k worth of stock

Second quarter 2021 earnings released: EPS US$0.56 (vs US$0.43 in 2Q 2020)

Upcoming dividend of US$0.40 per share

Independent Director has left the company

OGE Energy Declares Third Quarter Dividend, Payable on July 30, 2021

OGE Energy Corp. Provides Earnings Guidance for the Year 2021

First quarter 2021 earnings released: EPS US$0.26 (vs US$2.46 loss in 1Q 2020)

Upcoming dividend of US$0.40 per share

Insider recently sold €187k worth of stock

Full year 2020 earnings released: US$0.87 loss per share (vs US$2.17 profit in FY 2019)

Revenue misses expectations

New 90-day low: €24.00

Energy Transfer LP (NYSE:ET) entered into a definitive merger agreement to acquire Enable Midstream Partners, LP (NYSE:ENBL) from OGE Energy Corp. (NYSE:OGE), CenterPoint Energy, Inc. (NYSE:CNP) and others for $2.6 billion.

OGE Energy Corp.(NYSE:OGE) dropped from Russell 1000 Defensive Index

Upcoming Dividend of US$0.40 Per Share

New 90-day low: €24.80

OGE Energy Corp. Appoint Executives

OGE Energy Corp. Announces Executive Changes

Independent Director recently bought €57k worth of stock

New 90-day high: €28.00

Third quarter 2020 earnings released: EPS US$0.89

Revenue misses expectations

Og&E Completes Two Solar Energy Farms in Southeast Oklahoma