Kinder Morgan, Inc. Files Definitive Proxy Statement (DEF 14A)

TL;DR

<b>Kinder Morgan, Inc. has filed its Definitive Proxy Statement (DEF 14A) detailing executive compensation and corporate governance for the fiscal year 2023.</b>

AI Summary

KINDER MORGAN, INC. (EP-PC) filed a Proxy Statement (DEF 14A) with the SEC on March 29, 2024. Kinder Morgan, Inc. filed a DEF 14A form on March 29, 2024, for the period ending May 8, 2024. The filing covers the fiscal year ending December 31, 2023. The company's principal business is Natural Gas Transmission. Key executives mentioned include Steven Kean and Kimberly Dang. The filing includes compensation data for 2023, 2022, 2021, and 2020.

Why It Matters

For investors and stakeholders tracking KINDER MORGAN, INC., this filing contains several important signals. This DEF 14A filing is crucial for shareholders as it outlines executive compensation packages, including base salary, bonuses, and equity awards, which can impact company performance and shareholder value. The document provides insights into the company's governance structure and proposals to be voted on at the upcoming shareholder meeting, allowing investors to make informed decisions.

Risk Assessment

Risk Level: low — KINDER MORGAN, INC. shows low risk based on this filing. The filing is a routine proxy statement and does not contain new financial performance data or significant strategic shifts, indicating a low level of immediate risk.

Analyst Insight

Shareholders should review the executive compensation details and any proposed resolutions to understand potential impacts on company strategy and their investment.

Executive Compensation

Key Numbers

• 2024-03-29 — Filing Date (DEF 14A filing date)
• 2024-05-08 — Period of Report (Conformed period of report)
• 2023-12-31 — Fiscal Year End (Company's fiscal year end)
• 2023 — Reporting Year (Fiscal year for compensation data)
• 2022 — Previous Year (Fiscal year for compensation data)
• 2021 — Previous Year (Fiscal year for compensation data)
• 2020 — Previous Year (Fiscal year for compensation data)

Key Players & Entities

• KINDER MORGAN, INC. (company) — Filer name
• Steven Kean (person) — Executive mentioned in compensation data
• Kimberly Dang (person) — Executive mentioned in compensation data
• Natural Gas Transmission (company) — Standard Industrial Classification
• DE (company) — State of Incorporation
• 713-369-9000 (dollar_amount) — Business Phone

FAQ

Key Dates

• 2024-03-29: DEF 14A Filing — Definitive Proxy Statement filed, providing details on executive compensation and corporate governance.

Filing Documents

• kmi-20240326.htm (DEF 14A) — 1034KB
• kmi-20240326_g1.jpg (GRAPHIC) — 46KB
• kmi-20240326_g2.jpg (GRAPHIC) — 14KB
• kmi-20240326_g3.jpg (GRAPHIC) — 109KB
• kmi-20240326_g4.jpg (GRAPHIC) — 1029KB
• kmi-20240326_g5.jpg (GRAPHIC) — 356KB
• 0001506307-24-000022.txt (&nbsp;) — 5181KB
• kmi-20240326.xsd (EX-101.SCH) — 5KB
• kmi-20240326_def.xml (EX-101.DEF) — 7KB
• kmi-20240326_lab.xml (EX-101.LAB) — 9KB
• kmi-20240326_pre.xml (EX-101.PRE) — 6KB
• kmi-20240326_htm.xml (XML) — 194KB

Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management 22 Executive Officers 25

Executive Compensation

Executive Compensation 27 Director Compensation 50 Performance Graph 52

Election of Directors

Item 1 Election of Directors 53 Item 2 Ratification of the Selection of PricewaterhouseCoopers LLP as our Independent Registered Public Accounting Firm for 202 4 54 Item 3 Advisory Vote on Executive Compensation 56 Item 4 Advisory V ote on the F requency of H olding an A dvisory V ote on E xecutive C ompensation 58 Item 5 S tockholder P roposal Relating to Establishing a Greenhouse Gas Emission Reduction Target 59 Other Matters 65 Additional Information 65 Appendix A-Non-GAAP Financial Measures A- 1 i TABLE OF CONTENTS ______________________ PROXY SUMMARY 2024 ANNUAL MEETING OF STOCKHOLDERS ______________________ This summary contains highlights about this proxy statement. This summary does not contain all of the information that you should consider in advance of the annual meeting, and we encourage you to read the entire proxy statement and our Annual Report on Form 10-K for the year ended December 31, 2023 carefully before voting. Unless stated otherwise or the context otherwise requires, all references in this proxy statement to "we," "us," "our," "KMI" or the "company" are to Kinder Morgan, Inc. and, where applicable, its subsidiaries. We refer to our Class P common stock as our "common stock." MEETING INFORMATION Date and time: Wednesday, May 8, 2024, 10:00 a.m. Central time. Place: KMI's offices at 1001 Louisiana Street, Houston, Texas 77002. Record date: The close of business on March 11, 2024. Voting: Holders of common stock as of the close of business on the record date may vote. Each share is entitled to one vote on each matter to be voted upon. VOTING MATTERS AND BOARD RECOMMENDATION The following table summarizes the proposals to be considered at the meeting and our Board's voting recommendation with respect to each proposal. Proposal Board Recommendation Page Reference Election of 13 directors, each for a one-year term expiring in 2025 FOR EACH NOMINEE 53 Ratification of PricewaterhouseCoopers LLP as

View Full Filing

View this DEF 14A filing on SEC EDGAR