Kinetik Holdings CEO Clay Bretches' 2021 pay rises 6% to $2.5M
Kinetik Holdings reports 2021 executive compensation
By ExecPay News
Published: May 16, 2022
Kinetik Holdings reported fiscal year 2021 executive compensation information on May 16, 2022.
In 2021, three executives at Kinetik Holdings received on average a compensation package of $1.5M, a 10% increase compared to previous year.
Average pay of disclosed executives at Kinetik Holdings
Clay Bretches, Chief Executive Officer, received $2.5M in total, which increased by 6% compared to 2020. 61% of Bretches' compensation, or $1.5M, was in stock awards. Bretches also received $506K in non-equity incentive plan, $338K in salary, as well as $126K in other compensation.
Ben C. Rodgers, Chief Financial Officer, received a compensation package of $1.2M, which increased by 5% compared to previous year. 56% of the compensation package, or $703K, was in stock awards.
Stephen P. Noe, VP, Business Development, earned $707K in 2021, a 35% increase compared to previous year.
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Source: SEC filing on May 16, 2022.