Pierce Norton, CEO of ONEOK (OKE), earned $8.0M in total compensation in 2025. ONEOK receives a Pay-for-Performance grade of B (74/100), with a CEO-to-worker pay ratio of 84:1 and a say-on-pay shareholder approval of 93.3%. The company's 3-year total shareholder return is +12.3%.
How ONEOK CEO Pay Compares
Pierce Norton's $8.0M total compensation is 0% below the Gas Pipelines industry median of $8.0M. The 84:1 CEO-to-worker pay ratio is 0% lower than the industry average of 84:1.
Pierce Norton, CEO of ONEOK (OKE), received $8.0M in total reported compensation. The package mix typical at this scale: a small base salary, a larger stock-award component, and performance-tied incentives that vest over multiple years based on relative TSR or earnings benchmarks.
The CEO-to-median-worker pay ratio runs 84x. Lower ratios typically reflect companies with higher-paid workforces (financial services, technology, professional services) where the median worker pay denominator is itself substantial. Performance has been muted across the three-year window: 12.3% TSR, 8.1% revenue change. Stagnant performance combined with substantial CEO pay is the classic setup for proxy-advisor opposition on say-on-pay votes.
Say-on-pay support was strong at 93%. The Dodd-Frank-mandated advisory vote on executive compensation passes at most U.S. public companies with comfortable margins; meaningful dissent typically requires either pay-performance misalignment or specific governance concerns. ONEOK operates in Gas Pipelines with 5,600 employees and $17.5B in annual revenue, and currently carries a market capitalization of $50.0B. Pay comparisons across companies require controlling for these structural factors — a $20M package at a $10B-revenue tech company reads differently than the same package at a $1B-revenue industrial.
Source: SEC EDGAR — DEF 14A proxy statements for ONEOK (OKE).
Compensation Breakdown
Pierce Norton's $8.0M total compensation package for fiscal year 2025 includes $800K in base salary, $4.0M in stock awards, $960K in option awards, and $1.2M in bonus and non-equity incentives.
Compensation History
| Year | Salary | Bonus | Stock Awards | Options | Non-Equity | Other | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2024 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2023 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2022 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
All compensation data is sourced from SEC DEF 14A proxy filings submitted to EDGAR. The Economic Policy Institute's CEO pay analysis provides additional context on executive compensation trends across industries.
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Peer CEO Compensation
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Pierce Norton, CEO of ONEOK (OKE), earns $8.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Frequently Asked Questions
Pierce Norton, CEO of ONEOK (OKE), earns $8.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
ONEOK has a Pay-for-Performance Score of B (74/100). The company's 3-year total shareholder return is +12.3%, and the say-on-pay shareholder vote passed with 93.3% approval.
The CEO-to-median-worker pay ratio at ONEOK is 84:1. The median worker at ONEOK earns $95K per year, while CEO Pierce Norton earns $8.0M in total compensation.
ONEOK employs approximately 5,600 people. The company operates in the Gas Pipelines industry within the Energy sector, generating $17.5B in annual revenue.