VVelarionINTELLIGENCE
Sign inStart free trial
Start free trial
Utilities

Atmos Energy Executive Compensation (FY25)

ATO · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
J. Kevin Akers
Latest say-on-pay support
=
February 4, 2026
Chief executive pay ratio
◇
To the median employee
Velarion Intel, $5,000/year: one seat · one year · every company we cover, with dashboards, peer screens and board-ready briefs.
See every company’s exec pay — free for 3 days, no cardSee the plan and pricing

The Atmos Energy brief, $500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
Get the executive briefGet the board briefNo account needed.
Data as of November 5, 2026Latest filing (8-K): February 10, 2026
15 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Atmos Energy brief$500Get the executive brief
Velarion Intel, one year, every company
283 figures on this page: 272 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — J. Kevin Akers: $13,738,568 → $9,953,274 (27.6% lower)
Say-on-pay support: 93.0% → 94.9% (1.9 points higher)
CEO pay ratio: 152:1 → 106:1 (30.3% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Atmos Energy's chief executive and what were they paid?
J. Kevin Akers, President and Chief Executive Officer, received $9,953,274 in total compensation for fiscal 2025. Akers' total was 27.6% lower than the $13,738,568 reported for fiscal 2024.
What was Atmos Energy's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 94.9% of votes cast for or against in favor at the meeting held February 4, 2026.
Which companies are in Atmos Energy's peer group?
The disclosed peer group includes Alliant Energy Corporation, Ameren Corporation, Black Hills Corporation, CenterPoint Energy, Inc. and CMS Energy Corporation, among others.
What is Atmos Energy's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 106:1, against median employee compensation of $94,123.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
J. Kevin Akers
President and Chief Executive Officer
◇—◇—◇—◇◇
Christopher Forsythe
Senior Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Karen Hartsfield
Senior Vice President, General Counsel, and Corporate Secretary
◇—◇—◇◇◇◇
John McDill
Senior Vice President, Utility Operations
◇—◇—◇—◇◇
J. Matt Robbins
Senior Vice President, Human Resources
◇—◇—◇◇◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
J. Kevin Akers
President and Chief Executive Officer
◇—◇—◇◇◇◇
Christopher Forsythe
Senior Vice President and Chief Financial Officer
◇—◇—◇◇◇◇
Karen Hartsfield
Senior Vice President, General Counsel, and Corporate Secretary
◇—◇—◇◇◇◇
John McDill
Senior Vice President, Utility Operations
◇—◇—◇◇◇◇
J. Matt Robbins
Senior Vice President, Human Resources
◇—◇—◇◇◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
J. Kevin Akers
President and Chief Executive Officer
◇—◇—◇◇◇◇
Christopher Forsythe
Senior Vice President and Chief Financial Officer
◇—◇—◇◇◇◇
John McDill
Senior Vice President, Utility Operations
◇—◇—◇◇◇◇
Karen Hartsfield
Senior Vice President, General Counsel, and Corporate Secretary
◇—◇—◇◇◇◇
J. Matt Robbins
Senior Vice President, Human Resources
◇—◇—◇◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
J. Kevin Akers
President and Chief Executive Officer
◇—◇—◇◇◇◇
Christopher Forsythe
Senior Vice President and Chief Financial Officer
◇—◇—◇◇◇◇
Jessica Bateman
Senior Vice President, General Counsel and Corporate Secretary
◇—◇—◇—◇◇
John McDill
Senior Vice President, Utility Operations
◇—◇—◇◇◇◇
Karen Hartsfield
Senior Advisor
◇—◇—◇◇◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Christopher T. ForsytheRSU◇——◇——◇
Christopher T. ForsythePSU◇◇◇—◇—◇
J. Kevin AkersRSU◇——◇——◇
J. Kevin AkersPSU◇◇◇—◇—◇
Jessica W. BatemanRSU◇——◇——◇
Jessica W. BatemanPSU◇◇◇—◇—◇
Jessica W. BatemanRSU◇——◇——◇
John S. McDillPSU◇◇◇—◇—◇
John S. McDillRSU◇——◇——◇
Karen E. HartsfieldPSU◇◇◇—◇—◇
Karen E. HartsfieldRSU◇——◇——◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
J. Kevin AkersRSU◇◇——
Christopher ForsythePSU◇◇——
RSU◇◇——
Karen HartsfieldRSU◇◇——
John McDillRSU◇◇——
Jessica BatemanRSU◇◇——
PSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Christopher Forsythe
Senior Vice President and Chief Financial Officer · Terms as described in the company’s compensation discussion
Severance cash amount◇
Benefits continuation on change in control◇
Benefits continuation◇
J. Kevin Akers
President and Chief Executive Officer · Terms as described in the company’s compensation discussion
Severance cash amount◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Jessica Bateman
Senior Vice President, General Counsel and Corporate Secretary · Terms as described in the company’s compensation discussion
Benefits continuation on change in control◇
Karen Hartsfield
Senior Advisor · Terms as described in the company’s compensation discussion
Severance cash amount◇
Benefits continuation on change in control◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Kim R. Cocklin
Board chair
◇◇———◇◇
Richard A. Sampson
Lead independent director
◇◇————◇
Nancy K. Quinn
◇◇——◇◇◇
Frank Yoho
◇◇————◇
Rafael G. Garza
◇◇————◇
Kelly H. Compton
◇◇———◇◇
Sean Donohue
◇◇———◇◇
John C. Ale
◇◇———◇◇
Telisa Toliver
◇◇————◇
Edward J. Geiser
◇◇————◇
Richard K. Gordon
◇◇———◇◇
Diana J. Walters
◇———◇◇◇
William Ware, Mitzi Coogler and J. Kevin Akers served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Stock ownership guideline: Director stock ownership requirements of five times the annual cash retainer.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Alliant Energy Corporation LNT
  • Ameren Corporation AEE
  • Black Hills Corporation BKH
  • CenterPoint Energy, Inc. CNP
  • CMS Energy Corporation CMS
  • DTE Energy Company DTE
  • Evergy, Inc. EVRG
  • National Fuel Gas Company NFG
  • NiSource Inc. NI
  • OGE Energy Corp. OGE
  • ONE Gas, Inc. OGS
  • PPL Corporation PPL
  • Southwest Gas Holdings, Inc. SWX
  • Spire Inc. SR
  • WEC Energy Group, Inc. WEC
  • Xcel Energy Inc. XEL

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025February 4, 2026=◇◇◇
2024February 5, 2025=◇◇◇
2023February 7, 2024=◇◇◇
2022February 8, 2023=◇◇◇
2021February 9, 2022=◇◇◇
2020February 3, 2021=◇◇◇
2019February 5, 2020=◇◇◇
2018February 6, 2019=◇◇◇
2017February 7, 2018=◇◇◇
2016February 8, 2017=◇◇◇
2015February 3, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- J. Kevin Akers (President and Chief Executive Officer), FY2025 total compensation $9,953,274 (base salary $1,147,802) [exec_comp, SEC accession 0000731802-25-000076, filed 2025-12-19]

See a complete sample report

Answered within 24 hours, every figure cited to its SEC filing. This is a one-off report: no refunds.

Email me this page as a cited PDF — sent in 2 minutes
The same figures, the same citations, formatted to hand to a committee. Nothing is added that is not on this page.
Your address is used for this and nothing else. Unsubscribe in one click.
Tell me when Atmos Energy files
You get a note when this company’s compensation data changes.
Your address is used for this and nothing else. Unsubscribe in one click.

What this page does not include

Everything above is a fact Atmos Energy disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Atmos Energy sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about access
Multiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion Intelligence
Join the list for Peer Group Review
Whether Atmos Energy's disclosed peer group is defensible, who names Atmos Energy back in their own benchmarking group, and how pay tracks performance across it. This is the analysis a compensation consultant delivers on the group above. We will email you when it opens.
Your address is used for this and nothing else. Unsubscribe in one click.

Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
283 figures on this page: 272 cited to the filing that reported them, 11 calculated from figures it prints.
272 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001193125-26-044926
    Proposal No. 3: Our shareholders approved, on an advisory (non-binding) basis, the compensation of our named executive officers for fiscal 2025, with the vote totals as set forth in the table below: F
  2. 0000731802-25-000076
    2022 NAMED EXECUTIVE OFFICER COMPENSATION · CEO Pay Ratio · Compensation Discussion and Analysis · Director Compensation · and 3 more sections
  4. 0001193125-25-024340
    Proposal No. 4: Our shareholders approved, on an advisory (non-binding) basis, the compensation of our named executive officers for fiscal 2024, with the vote totals as set forth in the table below: F
  5. 0000731802-24-000035
    Named Executive Officer Compensation and Related Matters
  6. 0001193125-24-033866
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0000731802-23-000036
    Named Executive Officer Compensation and Related Matters
  8. 0001140361-23-006329
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001193125-22-035519
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001193125-21-031516
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001193125-20-029993
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0000731802-19-000009
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0000731802-18-000007
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0000731802-17-000010
    Item 5.07 Submission of Matters to a Vote of Security Holders
  15. 0000731802-16-000039
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Atmos Energy executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/ATO (accessed 2026).
Short form: data: Velarion

The Atmos Energy brief, $500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
Get the executive briefGet the board briefNo account needed.
15 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about Atmos Energy and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
Setup guide and the full list of questions it answers

Utilities rankings

Chief executive pay — UtilitiesCEO pay ratio — UtilitiesSay-on-pay support — Utilities

Peers Atmos Energy discloses

The companies named in ATO's own disclosed peer group.

Alliant Energy CorporationAmeren CorporationBlack Hills CorporationCenterPoint Energy, Inc.CMS Energy CorporationDTE Energy CompanyEvergy, Inc.National Fuel Gas CompanyNiSource Inc.OGE Energy Corp.ONE Gas, Inc.PPL CorporationSouthwest Gas Holdings, Inc.Spire Inc.WEC Energy Group, Inc.Xcel Energy Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  All companies · The Pay Desk · Methodology · Terms · Privacy