10 Things You Didn’t Know about Kinder Morgan CEO Steve Kean

Kinder Morgan is one of the biggest energy infrastructure companies in North America and is certainly one of the best known. Their pipelines connect to every natural gas reserve in the United States which makes them one of the most important companies that are operating in this sector. Here are ten things that you might not know about the CEO Steve Kean.

1. He Has Worked In The Energy Industry Since 1985

Steve Kean has a long career in the energy industry and he has undertaken a number of different roles throughout his career. He entered the industry in a legal capacity before moving into more management style roles. The fact that he has been working in the industry for so many years shows that he is very good at his job which may have been one of the main reasons that Kinder Morgan hired him.

2. He Has A Law Degree

He graduated from the University of Iowa with a Juris Doctor in 1985. Prior to this he gained a Bachelor of Arts Degree from Iowa State. The education that he received at these two institutions set him up for his future career, even though he is no longer practicing law on a regular basis.

3. He Joined Kinder Morgan In 2002

He had worked for various companies in the energy sector before joining Kinder Morgan in 2002. He entered the company in a senior management position before working his way up to the top position in the business. This has allowed him to get to know the way that the company works and the work that he needs to continue to do in the company.

4. He Earns Almost $400,000 As A Shareholder

The compensation that he receives from Kinder Morgan totals almost $400,000 on an annual basis. This is mostly from bonuses and other payments that are based on his performance in his role of CEO.

5. His Actual Salary Is Only $1

The official salary that he gets paid as his role of CEO is only $1 for the year. This is a standard procedure in Kinder Morgan as they have an ethos of being completely transparent in terms of the pay that they offer their executives. They believe that their top people should not just receive a high salary without earning it through the work that they do.

6. He Does Not Receive Any Other Perks As Part Of His Job

As part of the policy that Kinder Morgan operates in respect to how people are paid for their work, there are no additional perks that Kean gets just for being CEO. This is quite unusual for big companies in the United States who usually offer perks such as tickets to major events and access to holiday homes.

7. He Was President Of Kinder Morgan Until April 2018

As well as holding the position of CEO, he was also President of the company until April 2018. This position was given to Kimberley Dang following a reshuffle of the board. He has some of the same responsibilities as CEO that he had as President and as a result he works closely with Kimberley Dang. One of the main changes in his new role as CEO is that he is no longer responsible for as many day to day management decisions.

8. He Provides Insight When Financial Results Are Released

When the financial results for the company are released every quarter Steve Kean provides some insight into this. This gives people a better idea of any particular successes that have taken place in the business or why the performance may not have been as good as expected.

9. He Is Responsible For Trying To Achieve Operational Excellence

One of the main things that Kinder Morgan are always looking for are ways that they can improve their operations. This is something that Steve Kean is personally involved in and is one of his main duties as CEO.

10. He Has Overseen Expansion Of Kinder Morgan Into Canada

Kinder Morgan had been operating in the United States for many years but they have also recently expanded into Canada. This is something that has been seen as a natural progression for the company due to the extensive pipelines that they already have in North America.


Add Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Gympass
20 Things You Didn’t Know About Gympass
Away
20 Things You Didn’t Know about Away
Steph Korey
10 Things You Didn’t Know about Away CEO Steph Korey
JD Byrider
How JD Byrider Became a Leading Auto Giant
Massachusetts
How to Apply for Unemployment in Massachusetts
California
How to Apply For Unemployment in California
Pharmaceuticals
Is Denali Therapeutics a Solid Long Term Investment?
New York
How to File For Unemployment in New York
Deschutes River
The 20 Best Things to Do in Bend, OR, for First Timers
Costa Di Mare
The 20 Most Romantic Restaurants in the United States
Ocean Drive
The 20 Best Things to do in Newport, RI For First Timers
Lake Merritt
The 20 Best Things to Do in Oakland, CA for First Timers
2020 Audi Q7 55 side
10 Things You Didn’t Know About the 2020 Audi Q7 55
Gumpert Nathalie EV
10 Things You Didn’t Know About the Gumpert Nathalie EV
Volvo's Polestar
Volvo’s Polestar May Be the Four-Door Electric Car of the Future
2021 Genesis GV80
10 Things You Didn’t Know About the 2021 Genesis GV80
Jack Mason Yacht Timer
The 10 Best Jack Mason Watches Money Can Buy
I.N.O.X. Professional Diver
The 20 Best Swiss Army Watches of All-Time
Orrery Tourbillon REF. 2GGBP.U01A
The 10 Best Graham Watches Money Can Buy
Junghans Meister Pilot Chronscope Watch Black Dial Numerals 0273590.00
The 10 Best Junghans Watches Money Can Buy
Steven Crowder
How Steven Crowder Achieved a Net Worth of $3 Million
Don Lemon
How Don Lemon Achieved A Net Worth Of $10 Million
Sting
How Sting Achieved a Net Worth of $400 Million
Brooke Baldwin
How Brooke Baldwin Achieved a Net Worth of $1.5 Million