How Foran was paid
$9.8M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Joseph Wm. ForanChairman of the Board and Chief Executive Officer | $1,800,000 | $4,222,400 | $3,726,000 | $27,211 | $9,775,611 |
| Van H. Singleton, IICo-President - Land, Acquisitions and Divestitures and Planning | $900,000 | $2,111,200 | $1,630,125 | $24,500 | $4,665,825 |
| Bryan A. ErmanCo-President, Chief Legal Officer and Head of M&A, Corporate Secretary | $900,000 | $1,900,080 | $1,630,125 | $24,500 | $4,454,705 |
| Robert T. MacalikFormer Executive Vice President and Chief Financial Officer | $850,000 | $1,900,080 | $1,539,563 | $24,500 | $4,314,143 |
| Brian J. WilleyExecutive Vice President-Midstream | $900,000 | $1,900,080 | $1,559,250 | $24,500 | $4,383,830 |
| G. Gregg KrugFormer Executive Vice President - Marketing and Midstream Strategy | $900,000 | $2,111,200 | $1,630,125 | $24,500 | $4,665,825 |
| William D. LambertFormer Executive Vice President and Chief Financial Officer | $362,576 | $895,300 | — | $24,422 | $1,282,298 |
What changed and why
- $9.8MCEO total compensation increased to $9,775,611 in 2025 from $8,437,049 in 2024.
- 76%Approximately 76% of our CEO's target total compensation was variable and at risk.
- 94%Shareholders approved the 2025 say-on-pay proposal with 94% support.
- $759.2MNet income was $759.2 million with record Adjusted EBITDA of $2.3 billion in 2025.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.