Terry K. Spencer

2019

In 2019, Terry K. Spencer earned a total compensation of $10.9M as President and Chief Executive Officer at ONEOK, a 54% increase compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$3,316,108
Non-Equity Incentive Plan$1,480,900
Salary$825,000
Stock Awards$5,118,200
Other$205,533
Total$10,945,741

Spencer received $5.1M in stock awards, accounting for 47% of the total pay in 2019.

Spencer also received $3.3M of change in pension value and nonqualified deferred compensation earnings, $1.5M in non-equity incentive plan, $825K in salary and $205.5K in other compensation.

Rankings

In 2019, Terry K. Spencer's compensation ranked 640th out of 13,971 executives tracked by ExecPay. In other words, Spencer earned more than 95.4% of executives.

ClassificationRankingPercentile
All
640
out of 13,971
95th
Division
Transportation, Communications, Electric, Gas, And Sanitary Services
72
out of 895
92nd
Major group
Electric, Gas, And Sanitary Services
21
out of 352
94th
Industry group
Gas Production And Distribution
4
out of 83
95th
Industry
Natural Gas Transmission and Distribution
1
out of 17
94th

Pay ratio

Terry K. Spencer's Pay$10,945,741
Median Employee's Pay$136,080
Pay Ratio

80

to 1

In 2019, the annual total compensation of Terry K. Spencer was $10,945,741.

The annual total compensation of the median employee at ONEOK was $136,080.

The ratio of Terry K. Spencer's pay to the pay of median employee was therefore 80 to one.

Source: SEC filing on April 3, 2020.

Spencer's colleagues

We found four more compensation records of executives who worked with Terry K. Spencer at ONEOK in 2019.

2019

Walter Hulse

ONEOK

Chief Financial Officer

2019

Kevin Burdick

ONEOK

Chief Operating Officer

2019

Sheridan Swords

ONEOK

Senior Vice-President, Natural Gas Liquids

2019

Robert Martinovich

ONEOK

Chief Administrative Officer

News

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