TRGP · Targa Resources Corp. · Executive Compensation

$302.37 +12.83 (+4.43%) At close · Oct 23

S&P 500 member Russell 1000 member Rebalance outlook locked

Market Cap

$64.84B

214.43M

Volume · Oct 23 1.13M Avg daily vol (3M) 1.19M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Matthew Meloy	Chief Executive Officer	$1,170,667	$3,990,000	$16,275,993	—	—	$34,048	$21,470,708
Jennifer Kneale	—	$759,167	$1,841,000	$6,282,374	—	—	$31,906	$8,914,447
Jennifer R. Kneale	President	$759,167	$1,841,000	$6,282,374	—	—	$31,906	$8,914,447
Robert Muraro	Chief Commercial Officer	$670,833	$1,283,000	$4,323,531	—	—	$31,402	$6,308,766
Scott Pryor	President – Logistics and Transportation	$670,833	$1,283,000	$4,323,531	—	—	$31,402	$6,308,766
Patrick McDonie	President – Gathering and Processing	$670,833	$1,283,000	$4,323,531	—	—	$31,402	$6,308,766
William Byers	CFO	$616,667	$1,188,000	$3,532,369	—	—	$31,150	$5,368,186
William A. Byers	Chief Financial Officer	$616,667	$1,188,000	$3,532,369	—	—	$31,150	$5,368,186

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Matthew Meloy	Chief Executive Officer	$1,017,500	$3,584,000	$10,881,532	—	—	$32,761	$15,515,793
Jennifer Kneale	—	$665,000	$1,700,000	$3,945,028	—	—	$31,027	$6,341,055
Jennifer R. Kneale	President – Finance and Administration	$665,000	$1,700,000	$3,945,028	—	—	$31,027	$6,341,055
Scott Pryor	President – Logistics and Transportation	$644,167	$1,300,000	$2,805,944	—	—	$30,876	$4,780,987
Robert Muraro	Chief Commercial Officer	$644,167	$1,300,000	$2,805,944	—	—	$30,876	$4,780,987
Patrick McDonie	President – Gathering and Processing	$644,167	$1,300,000	$2,805,944	—	—	$30,876	$4,780,987

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Matthew Meloy	Chief Executive Officer	$970,475	$2,327,100	$10,864,516	—	—	$29,539	$14,191,630
Jennifer Kneale	—	$629,167	$1,071,600	$3,939,761	—	—	$29,539	$5,670,067
Jennifer R. Kneale	President – Finance and Administration	$629,167	$1,071,600	$3,939,761	—	—	$29,539	$5,670,067
Robert Muraro	Chief Commercial Officer	$602,500	$830,300	$2,755,784	—	—	$29,539	$4,218,123
Patrick McDonie	President – Gathering and Processing	$602,500	$830,300	$2,755,784	—	—	$29,539	$4,218,123
Scott Pryor	President – Logistics and Transportation	$602,500	$830,300	$2,755,784	—	—	$29,539	$4,218,123

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Matthew Meloy	Chief Executive Officer	$900,000	$3,600,000	$10,675,003	—	—	$27,539	$15,202,542
Jennifer R. Kneale	President – Finance and Administration	$600,000	$1,500,000	$4,003,208	—	—	$27,539	$6,130,747
Jennifer Kneale	—	$600,000	$1,500,000	$4,003,208	—	—	$27,539	$6,130,747
Patrick McDonie	President – Gathering and Processing	$540,000	$1,080,000	$2,601,978	—	—	$27,225	$4,249,203
Scott Pryor	President – Logistics and Transportation	$540,000	$1,080,000	$2,601,978	—	—	$27,225	$4,249,203
Robert Muraro	Chief Commercial Officer	$540,000	$1,080,000	$2,601,978	—	—	$27,225	$4,249,203

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Matthew Meloy	Chief Executive Officer	$875,000	$3,500,000	$10,289,456	—	—	$27,484	$14,691,940
Jennifer Kneale	CFO	$575,000	$1,150,000	$3,380,808	—	—	$26,015	$5,131,823
Jennifer R. Kneale	Chief Financial Officer	$575,000	$1,150,000	$3,380,808	—	—	$26,015	$5,131,823
Robert Muraro	Chief Commercial Officer	$525,000	$1,050,000	$2,508,037	—	—	$25,770	$4,108,807
Patrick McDonie	President – Gathering and Processing	$525,000	$1,050,000	$2,508,037	—	—	$25,770	$4,108,807
Scott Pryor	President – Logistics and Transportation	$525,000	$1,050,000	$2,508,037	—	—	$25,770	$4,108,807

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Matthew Meloy	Chief Executive Officer	$779,967	$1,750,000	$9,548,519	—	—	$24,110	$12,102,596
Joe Bob Perkins	Executive Chairman	$746,875	$937,500	$9,504,775	—	—	$24,110	$11,213,260
Jennifer R. Kneale	Chief Financial Officer	$524,271	$575,000	$3,137,404	—	—	$24,056	$4,260,731
Jennifer Kneale	CFO	$524,271	$575,000	$3,137,404	—	—	$24,056	$4,260,731
Patrick McDonie	President – Gathering and Processing	$501,146	$525,000	$2,327,447	—	—	$23,947	$3,377,540
Scott Pryor	President – Logistics and Transportation	$501,146	$525,000	$2,327,447	—	—	$23,947	$3,377,540
Robert Muraro	Chief Commercial Officer	$501,146	$525,000	$2,327,447	—	—	$23,947	$3,377,540

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Joe Bob Perkins	Executive Chairman	$891,667	—	$11,545,172	—	—	$23,710	$12,460,549
Matthew Meloy	Chief Executive Officer	$587,500	$1,920,000	$3,921,450	—	—	$23,710	$6,452,660
Patrick McDonie	President – Gathering and Processing	$495,833	$800,000	$2,124,127	—	—	$23,492	$3,443,452
Scott Pryor	President – Logistics and Transportation	$495,833	$800,000	$2,124,127	—	—	$23,492	$3,443,452
Robert Muraro	Chief Commercial Officer	$491,667	$800,000	$2,124,127	—	—	$23,492	$3,439,286
Jennifer R. Kneale	Chief Financial Officer	$391,667	$640,000	$2,091,404	—	—	$23,274	$3,146,345
Jennifer Kneale	CFO	$391,667	$640,000	$2,091,404	—	—	$23,274	$3,146,345

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Joe Bob Perkins	Executive Chairman	$833,333	—	$12,624,959	—	—	$23,310	$13,481,602
Matthew Meloy	Chief Executive Officer	$516,667	$1,115,625	$3,914,716	—	—	$23,037	$5,570,045
Patrick McDonie	President – Gathering and Processing	$466,667	$807,500	$1,803,674	—	—	$22,928	$3,100,769
Scott Pryor	President – Logistics and Transportation	$466,667	$807,500	$1,803,674	—	—	$22,928	$3,100,769
Robert Muraro	Chief Commercial Officer	$433,333	$765,000	$1,666,299	—	—	$22,764	$2,887,396
Jennifer R. Kneale	Chief Financial Officer	$332,500	$446,250	$1,166,427	—	—	$22,535	$1,967,712
Jennifer Kneale	CFO	$332,500	$446,250	$1,166,427	—	—	$22,535	$1,967,712

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Robert Muraro	Chief Commercial Officer	$331,667	$168,000	$6,037,998	—	—	$22,234	$6,559,899
Matthew Meloy	President	$472,500	$418,800	$4,901,220	—	—	$22,814	$5,815,334
Joe Bob Perkins	Chief Executive Officer	$745,833	—	$4,552,878	—	—	$23,184	$5,321,895
Patrick McDonie	President – Gathering and Processing	$422,633	$221,000	$3,977,300	—	—	$22,685	$4,643,618
Scott Pryor	President - Logistics and Transportation	$419,167	$221,000	$3,969,916	—	—	$22,630	$4,632,713

Executive changes

Person	Role	Change	Effective	Filed
William A. Byers	Chief Financial Officer	Retired	2026-09-01	2026-08-25
Benjamin J. Branstetter	Chief Financial Officer and principal financial officer	Appointed	2026-09-01	2026-08-25
Brent B. Secrest	President – Logistics and Transportation	Appointed	2026-09-01	2026-08-25
Thomas Mathiasmeier	Class II Director	Appointed	2026-07-16	2026-07-17
Benjamin J. Branstetter	President – Logistics and Transportation	Appointed	2026-03-01	2025-08-06
D. Scott Pryor	President – Logistics and Transportation	Retired	2026-03-01	2025-08-06
Jennifer R. Kneale	President	Appointed	2025-03-01	2025-02-20
William A. Byers	Chief Financial Officer	Appointed	2024-07-22	2024-06-25
J. Christopher Eklof	Senior Vice President and Chief Accounting Officer	Appointed	2025-03-01	2024-05-20
Julie H. Boushka	Senior Vice President and Chief Accounting Officer	Retired	2025-03-01	2024-05-20
Caron A. Lawhorn	member of the Board's Audit Committee	Appointed	2024-03-11	2024-03-14
Caron A. Lawhorn	Class III Director	Appointed	2024-03-11	2024-03-14
Robert Keith Teague	Class I Director	Appointed	2024-02-26	2024-02-28
Robert B. Evans	director	Retired	2024-02-26	2024-02-28

Leadership

Matthew Meloy CEO, Board Member
Paul W. Chung Chairman, Board Member
Benjamin J. Branstetter CFO
Jennifer Kneale CFO
Jennifer R. Kneale CFO
William A. Byers CFO
William Byers CFO
Gerald R. Shrader General Counsel
J. Christopher Eklof Chief Accounting Officer
Beth A. Bowman Board Member
Caron A. Lawhorn Board Member
Charles R. Crisp Board Member
Joe Bob Perkins Board Member
Laura C. Fulton Board Member
Lindsey M. Cooksen Board Member
R. Keith Teague Board Member
Rene R. Joyce Board Member
Robert Keith Teague Board Member
Thomas Mathiasmeier Board Member
Waters S. Davis Board Member

Key facts CIK 1389170 CUSIP 87612G101 13F (30d) 268 filings 261 filers Visit website Investor relations