Equitrans Midstream Corp CEO Thomas Karam's 2021 pay jumps 122% to $10M

Equitrans Midstream Corp reports 2021 executive compensation

By ExecPay News

Published: February 25, 2022

Equitrans Midstream Corp reported fiscal year 2021 executive compensation information on February 25, 2022.
In 2021, five executives at Equitrans Midstream Corp received on average a compensation package of $4.4M, a 109% increase compared to previous year.
Average pay of disclosed executives at Equitrans Midstream Corp
Thomas F. Karam, Chief Executive Officer, received $10M in total, which increased by 122% compared to 2020. 77% of Karam's compensation, or $8M, was in stock awards. Karam also received $1.6M in non-equity incentive plan, $713K in salary, as well as $57K in other compensation.
For fiscal year 2021, the median employee pay was $128,415 at Equitrans Midstream Corp. Therefore, the ratio of Thomas F. Karam's pay to the median employee pay was 81 to one.
Diana M. Charletta, Chief Operating Officer, received a compensation package of $4.4M, which increased by 108% compared to previous year. 68% of the compensation package, or $3M, was in stock awards.
Kirk R. Oliver, Chief Financial Officer, earned $3.5M in 2021, a 92% increase compared to previous year.
Stephen M. Moore, General Counsel, received $2.8M in 2021, which increases by 98% compared to 2020.
Brian P. Pietrandrea, Chief Accounting Officer, earned $1M in 2021, a 83% increase compared to previous year.

Related executives

Thomas Karam

Equitrans Midstream Corp

Chief Executive Officer

Kirk Oliver

Equitrans Midstream Corp

Chief Financial Officer

Diana Charletta

Equitrans Midstream Corp

Chief Operating Officer

Stephen Moore

Equitrans Midstream Corp

General Counsel

Brian Pietrandrea

Equitrans Midstream Corp

Chief Accounting Officer

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Source: SEC filing on February 25, 2022.