Targa Resources' CEO is Matt Meloy, appointed in Mar 2020, has a tenure of 6.33 years. total yearly compensation is $21.47M, comprised of 5.5% salary and 94.5% bonuses, including company stock and options. directly owns 0.33% of the company’s shares, worth €161.16M. The average tenure of the management team and the board of directors is 3.3 years and 7.8 years respectively.
Key information
Matt Meloy
Chief executive officer
US$21.5m
Total compensation
CEO salary percentage
5.45%
CEO tenure
6.3yrs
CEO ownership
0.3%
Management average tenure
3.3yrs
Board average tenure
7.8yrs
Recent management updates
Recent updates
CEO Compensation Analysis
How has Matt Meloy's remuneration changed compared to Targa Resources's earnings?
Date
Total Compensation
Salary
Company Earnings
Mar 31 2026
n/a
n/a
US$2b
Dec 31 2025
US$21m
US$1m
US$2b
Sep 30 2025
n/a
n/a
US$2b
Jun 30 2025
n/a
n/a
US$2b
Mar 31 2025
n/a
n/a
US$1b
Dec 31 2024
US$16m
US$1m
US$1b
Sep 30 2024
n/a
n/a
US$1b
Jun 30 2024
n/a
n/a
US$1b
Mar 31 2024
n/a
n/a
US$1b
Dec 31 2023
US$14m
US$970k
US$828m
Sep 30 2023
n/a
n/a
US$868m
Jun 30 2023
n/a
n/a
US$844m
Mar 31 2023
n/a
n/a
US$890m
Dec 31 2022
US$15m
US$900k
US$897m
Sep 30 2022
n/a
n/a
US$244m
Jun 30 2022
n/a
n/a
US$211m
Mar 31 2022
n/a
n/a
-US$128m
Dec 31 2021
US$15m
US$875k
-US$16m
Sep 30 2021
n/a
n/a
US$319m
Jun 30 2021
n/a
n/a
US$195m
Mar 31 2021
n/a
n/a
US$210m
Dec 31 2020
US$12m
US$780k
-US$2b
Sep 30 2020
n/a
n/a
-US$2b
Jun 30 2020
n/a
n/a
-US$2b
Mar 31 2020
n/a
n/a
-US$2b
Dec 31 2019
US$6m
US$588k
-US$334m
Compensation vs Market: Matt's total compensation ($USD21.47M) is above average for companies of similar size in the Italian market ($USD6.31M).
Compensation vs Earnings: Matt's compensation has increased by more than 20% in the past year.
CEO
Matt Meloy (48 yo)
6.3yrs
Tenure
US$21,470,708
Compensation
Mr. Matthew J. Meloy, also known as Matt, is Chief Executive Officer and the General Partner of Targa Resources Partners LP since March 1, 2020. He served as Director of Targa Resources GP LLC since March...
Leadership Team
Name
Position
Tenure
Compensation
Ownership
Matthew Meloy
CEO & Director
6.3yrs
US$21.47m
0.33% € 161.2m
Jennifer Kneale
President
1.3yrs
US$8.91m
0.089% € 43.5m
William Byers
Chief Financial Officer
2yrs
US$5.37m
0.0034% € 1.6m
Patrick McDonie
President of Gathering & Processing
10.7yrs
US$6.31m
0.13% € 62.5m
Robert Muraro
Chief Commercial Officer
8.3yrs
US$6.31m
0.079% € 38.1m
John Eklof
Senior VP & Chief Accounting Officer
1.3yrs
no data
0.0066% € 3.2m
Tristan Richardson
VP of Investor Relations & Fundamentals
no data
no data
no data
Gerald Shrader
Executive VP
2.6yrs
no data
0.016% € 7.9m
Denny Latham
Executive Vice President of Permian
4yrs
no data
no data
Benjamin Branstetter
President of Logistics & Transportation
2.3yrs
no data
0.014% € 6.6m
Joel Thomas
Senior VP of Finance & Treasurer
3.3yrs
no data
no data
Sanjay Lad
Vice President of Finance
9.3yrs
no data
no data
3.3yrs
Average Tenure
49yo
Average Age
Experienced Management: 1TRGP's management team is considered experienced (3.3 years average tenure).
Board Members
Name
Position
Tenure
Compensation
Ownership
Matthew Meloy
CEO & Director
6.3yrs
US$21.47m
0.33% € 161.2m
Randy Christofferson
Observer
10.4yrs
no data
no data
Joe Perkins
Independent Director
14.5yrs
US$328.05k
0.074% € 36.0m
Charles Crisp
Independent Director
20.8yrs
US$313.05k
0.031% € 15.0m
Caron Lawhorn
Independent Director
2.3yrs
US$313.05k
0.0016% € 801.3k
Paul Chung
Chairman of the Board
5.5yrs
US$525.34k
0.24% € 115.5m
Robert Teague
Independent Director
2.4yrs
US$313.05k
0.0037% € 1.8m
Laura Fulton
Lead Independent Director
13.4yrs
US$338.05k
0.015% € 7.4m
Beth Bowman
Independent Director
7.8yrs
US$333.05k
0.011% € 5.1m
Waters Davis
Independent Director
11yrs
US$328.05k
0.0040% € 1.9m
Lindsey Cooksen
Independent Director
6.1yrs
US$313.05k
0.0050% € 2.4m
7.8yrs
Average Tenure
66yo
Average Age
Experienced Board: 1TRGP's board of directors are considered experienced (7.8 years average tenure).
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/07/06 01:20
End of Day Share Price
2026/07/06 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Targa Resources Corp. is covered by 32 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.