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Midstream Co Executive Compensation (FY23)

ETRN · Executive and director compensation, fiscal 2022 to 2023
Chief executive, fiscal 2023
◇
Thomas Karam
Chief executive pay ratio
◇
To the median employee
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2 filings cited on this page
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123 figures on this page, cited to the filing that reported them. See the citations

More on Midstream Co

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2022 to fiscal 2023
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Thomas Karam: $8,329,965 → $15,457,854 (85.6% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Midstream Co's chief executive and what were they paid?
Thomas Karam was paid $15,457,854 in total compensation as Chairman and Chief Executive Officer for fiscal 2023. Karam's total moved 85.6% higher from the $8,329,965 reported for fiscal 2022.
Which companies are in Midstream Co's peer group?
The disclosed peer group includes Antero Midstream Corporation, Cheniere Energy, Inc., DT Midstream, Inc., Kinder Morgan, Inc. and National Fuel Gas Company, among others.
What is Midstream Co's chief executive pay ratio?
For fiscal 2023, the company reported a chief executive pay ratio of 113:1, against median employee compensation of $136,801.

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
Thomas Karam
Chairman and Chief Executive Officer
◇—◇—◇—◇◇
Brian Pietrandrea
Vice President and Chief Accounting Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Thomas Karam
Chairman and Chief Executive Officer
◇◇◇—◇—◇◇
Diana Charletta
President and Chief Operating Officer
◇—◇—◇—◇◇
Kirk Oliver
Senior Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Stephen Moore
Senior Vice President and General Counsel
◇—◇—◇—◇◇
Brian Pietrandrea
Vice President and Chief Accounting Officer
◇—◇—◇—◇◇
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 2023
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Brian P. PietrandreaPSU◇◇◇—◇—◇
Brian P. PietrandreaRSU◇——◇——◇
Diana M. CharlettaPSU◇◇◇—◇—◇
Diana M. CharlettaRSU◇——◇——◇
Kirk R. OliverPSU◇◇◇—◇—◇
Kirk R. OliverRSU◇——◇——◇
Stephen M. MooreRSU◇——◇——◇
Stephen M. MoorePSU◇◇◇—◇—◇
Thomas F. KaramPSU◇◇◇—◇—◇
Thomas F. KaramRSU◇——◇——◇
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 2023 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Thomas KaramRSU◇◇——
Diana CharlettaRSU◇◇——
Kirk OliverRSU◇◇——
Stephen MooreRSU◇◇——
Brian PietrandreaRSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2023
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Robert F. Vagt
Lead independent director
◇◇———◇◇
Norman J. Szydlowski
◇◇———◇◇
Sarah M. Barpoulis
◇◇———◇◇
Kenneth M. Burke
◇◇———◇◇
Vicky A. Bailey
◇◇———◇◇
D. Mark Leland
◇◇———◇◇
Patricia K. Collawn
◇—————◇
Thomas F. Karam and Diana M. Charletta served on the board in fiscal 2023 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
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◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Nominating and governance chair◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2023
  • Antero Midstream Corporation AM
  • Cheniere Energy, Inc. LNG
  • DT Midstream, Inc. DTM
  • Kinder Morgan, Inc. KMI
  • National Fuel Gas Company NFG
  • ONEOK Inc. OKE
  • Targa Resources Corp. TRGP
  • The Williams Companies, Inc. WMB

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?”
- Thomas Karam (Chairman and Chief Executive Officer), FY2023 total compensation $15,457,854 (base salary $790,250) [exec_comp, SEC accession 0001104659-24-030225, filed 2024-03-04]

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What this page does not include

Everything above is a fact Midstream Co disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Midstream Co 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.
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Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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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.
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Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
123 figures on this page, cited to the filing that reported them.
123 cited to the filing

Documents cited

  1. 0001104659-24-030225
    2023 Grants of Plan-Based Awards Table · CEO Pay Ratio · Directors’ Compensation · Outstanding Equity Awards at Fiscal Year-End · and 1 more section
  2. 0001104659-23-024446
    Summary Compensation Table
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Midstream Co executive compensation, FY2022–FY2023.” https://intel.velarion.ai/comp/ETRN (accessed 2026).
Short form: data: Velarion

The paid brief for Midstream Co

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.
2 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
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Peers Midstream Co discloses

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

Terms on this page

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}
}