Terry K. Spencer

2018

In 2018, Terry K. Spencer earned a total compensation of $7.1M as President and Chief Executive Officer at ONEOK, a 27% increase compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$135,280
Non-Equity Incentive Plan$1,727,000
Salary$800,000
Stock Awards$4,320,958
Other$116,631
Total$7,099,869

Spencer received $4.3M in stock awards, accounting for 61% of the total pay in 2018.

Spencer also received $135.3K of change in pension value and nonqualified deferred compensation earnings, $1.7M in non-equity incentive plan, $800K in salary and $116.6K in other compensation.

Rankings

In 2018, Terry K. Spencer's compensation ranked 1,208th out of 14,244 executives tracked by ExecPay. In other words, Spencer earned more than 91.5% of executives.

ClassificationRankingPercentile
All
1,208
out of 14,244
92nd
Division
Transportation, Communications, Electric, Gas, And Sanitary Services
126
out of 918
86th
Major group
Electric, Gas, And Sanitary Services
37
out of 351
90th
Industry group
Gas Production And Distribution
10
out of 74
87th
Industry
Natural Gas Transmission and Distribution
2
out of 19
90th

Pay ratio

Terry K. Spencer's Pay$7,099,869
Median Employee's Pay$130,481
Pay Ratio

54

to 1

In 2018, the annual total compensation of Terry K. Spencer was $7,099,869.

The annual total compensation of the median employee at ONEOK was $130,481.

The ratio of Terry K. Spencer's pay to the pay of median employee was therefore 54 to one.

Source: SEC filing on April 4, 2019.

Spencer's colleagues

We found four more compensation records of executives who worked with Terry K. Spencer at ONEOK in 2018.

2018

Walter Hulse

ONEOK

Chief Financial Officer

2018

Kevin Burdick

ONEOK

Chief Operating Officer

2018

Robert Martinovich

ONEOK

Chief Administrative Officer

2018

Sheridan Swords

ONEOK

Senior Vice-President, Natural Gas Liquids

News

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