Willie Chiang received $8.5M in total compensation as Chairman and Chief Executive Officer of PLAINS ALL AMERICAN PIPELINE LP in FY2024. The largest component was $4.7M in stock awards. That’s down 55% from FY2023. Source: SEC DEF 14A.
Executive Compensation Summary for PLAINS ALL AMERICAN PIPELINE LP
Willie Chiang Salary and Compensation - PLAINS ALL AMERICAN PIPELINE LP CEO Pay 2024
In fiscal year 2024, Willie Chiang, Chairman and Chief Executive Officer of PLAINS ALL AMERICAN PIPELINE LP (PAA), received total compensation of $8.5 million.
Willie Chiang's compensation breakdown includes: base salary of $838K, stock awards valued at $4.7 million, non-equity incentive compensation of $3.0 million, and other compensation of $22K.
Compared to fiscal year 2023, Willie Chiang's total compensation decreased 55% from $19.0 million to $8.5 million.
PLAINS ALL AMERICAN PIPELINE LP (PAA) Executive Pay 2024
PLAINS ALL AMERICAN PIPELINE LP's top 6 named executive officers received combined total compensation of $24.4 million in fiscal year 2024.
The named executive officers disclosed in PLAINS ALL AMERICAN PIPELINE LP's 2024 proxy statement are:Willie Chiang (Chairman and Chief Executive Officer) with total compensation of $8.5 million, Chris Chandler (Executive Vice President and Chief Operating Officer) with total compensation of $3.8 million, Jeremy Goebel (Executive Vice President and Chief Commercial Officer) with total compensation of $3.8 million, Al Swanson (Executive Vice President and Chief Financial Officer) with total compensation of $3.1 million, Richard McGee (Executive Vice President, General Counsel and Secretary) with total compensation of $3.1 million, and Harry Pefanis (President) with total compensation of $2.0 million.