Knife River Management
Management criteria checks 2/4
Knife River's CEO is Brian Gray, appointed in Jan 2023, has a tenure of 2.83 years. total yearly compensation is $6.94M, comprised of 12.7% salary and 87.3% bonuses, including company stock and options. directly owns 0.015% of the company’s shares, worth $622.12K. The average tenure of the management team and the board of directors is 2.5 years and 2.7 years respectively.
Key information
Brian Gray
Chief executive officer
US$6.9m
Total compensation
| CEO salary percentage | 12.68% |
| CEO tenure | 2.8yrs |
| CEO ownership | 0.01% |
| Management average tenure | 2.5yrs |
| Board average tenure | 2.7yrs |
Recent management updates
Recent updates
Knife River: Growth Story With Little Evidence Of Long-Term Value Creation
Nov 20The Returns At Knife River (NYSE:KNF) Aren't Growing
Jul 26
Should You Be Adding Knife River (NYSE:KNF) To Your Watchlist Today?
May 03Returns On Capital Are Showing Encouraging Signs At Knife River (NYSE:KNF)
Apr 17Is Knife River (NYSE:KNF) Using Too Much Debt?
Apr 02Knife River: It's Not Time To Turn Bearish Just Yet
Mar 22An Intrinsic Calculation For Knife River Corporation (NYSE:KNF) Suggests It's 25% Undervalued
Mar 03The Knife River Corporation (NYSE:KNF) Yearly Results Are Out And Analysts Have Published New Forecasts
Feb 15What Knife River Corporation's (NYSE:KNF) P/E Is Not Telling You
Feb 03If EPS Growth Is Important To You, Knife River (NYSE:KNF) Presents An Opportunity
Jan 19Knife River: Aggregating Of Aggregates
Dec 22Investors Will Want Knife River's (NYSE:KNF) Growth In ROCE To Persist
Nov 25Knife River Corporation Just Missed EPS By 6.9%: Here's What Analysts Think Will Happen Next
Nov 07Knife River Corporation's (NYSE:KNF) Earnings Haven't Escaped The Attention Of Investors
Nov 05Should You Be Adding Knife River (NYSE:KNF) To Your Watchlist Today?
Oct 18
Decisive Acquisitions And EDGE Strategy Propel Positive Revenue And Net Margin Growth
Strategic improvements and expansion efforts, including dynamic pricing and acquisitions, are set to enhance profitability and broaden market presence.Knife River (NYSE:KNF) Shareholders Will Want The ROCE Trajectory To Continue
Aug 17These 4 Measures Indicate That Knife River (NYSE:KNF) Is Using Debt Reasonably Well
Jul 30Do Knife River's (NYSE:KNF) Earnings Warrant Your Attention?
Jul 12Knife River Corporation (NYSE:KNF) Shares Could Be 42% Below Their Intrinsic Value Estimate
Jun 19We Think Knife River (NYSE:KNF) Can Stay On Top Of Its Debt
Apr 18Watch For Flying Knives: Knife River Looks Quite Good, But Valuation Isn't Low
Apr 15Earnings Beat: Knife River Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Feb 18Knife River Corporation's (NYSE:KNF) Intrinsic Value Is Potentially 20% Below Its Share Price
Jan 18Knife River Corporation: A Pure-Play For The Infrastructure Boom
Dec 29Knife River Corporation: An Appealing New Option In The Aggregates Business
Oct 08Are Investors Undervaluing Knife River Corporation (NYSE:KNF) By 46%?
Aug 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | n/a | n/a | US$148m |
| Jun 30 2025 | n/a | n/a | US$153m |
| Mar 31 2025 | n/a | n/a | US$181m |
| Dec 31 2024 | US$7m | US$880k | US$202m |
| Sep 30 2024 | n/a | n/a | US$199m |
| Jun 30 2024 | n/a | n/a | US$198m |
| Mar 31 2024 | n/a | n/a | US$177m |
| Dec 31 2023 | US$5m | US$658k | US$183m |
| Sep 30 2023 | n/a | n/a | US$180m |
| Jun 30 2023 | n/a | n/a | US$133m |
| Mar 31 2023 | n/a | n/a | US$115m |
| Dec 31 2022 | US$764k | US$359k | US$116m |
Compensation vs Market: Brian's total compensation ($USD6.94M) is about average for companies of similar size in the US market ($USD6.97M).
Compensation vs Earnings: Brian's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Brian Gray (54 yo)
Mr. Brian R. Gray serves as President of Knife River Corporation since March 1, 2023 and serves as its Chief Executive Officer from May 3, 2023 and also serves as its Director since March 1, 2023. He was P...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.8yrs | US$6.94m | 0.015% $ 622.1k | |
| VP & CFO | 2.5yrs | US$2.43m | 0.018% $ 771.4k | |
| VP & COO | 2.5yrs | US$2.44m | 0.040% $ 1.7m | |
| VP, Chief Legal Officer & Secretary | 2.5yrs | US$2.21m | 0.037% $ 1.6m | |
| VP & Chief Accounting Officer | 2.5yrs | no data | 0.0032% $ 135.3k | |
| Director of Investor Relations | no data | no data | no data | |
| Senior Director of Communications | no data | no data | no data | |
| VP & Chief People Officer | less than a year | no data | 0.0055% $ 234.9k | |
| VP & Chief Excellence Officer | less than a year | no data | 0.023% $ 974.1k | |
| President of Western North Dakota Division | 14.6yrs | no data | no data | |
| President of Central North Dakota Division | 14.3yrs | no data | no data | |
| President of South Region | 2.3yrs | no data | no data |
Experienced Management: KNF's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.7yrs | US$6.94m | 0.015% $ 622.1k | |
| Independent Director | 2.8yrs | US$335.75k | 0.050% $ 2.1m | |
| Independent Director | 1.5yrs | US$214.24k | 0.0034% $ 142.5k | |
| Independent Non-Executive Chair of the Board | 2.8yrs | US$475.03k | 0.051% $ 2.2m | |
| Independent Director | 2.5yrs | US$325.19k | 0.0073% $ 310.0k | |
| Independent Director | 1.4yrs | US$193.78k | 0.0035% $ 146.7k | |
| Independent Director | 2.8yrs | US$330.75k | 0.0096% $ 406.7k |
Experienced Board: KNF's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/29 15:35 |
| End of Day Share Price | 2025/11/28 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Knife River Corporation is covered by 11 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.
| Analyst | Institution |
|---|---|
| Sherif El-Sabbahy | BofA Global Research |
| Brent Thielman | D.A. Davidson & Co. |
| Garik Shmois | Loop Capital Markets |