Opening its proxy statement…Reading the pay tables…Finding what shareholders vote on…
EPDEnterprise Products Partners L.P.
Pay and votes (proxy statement)
Before its yearly shareholder meeting, a company sends out a proxy statement, filed with the SEC as a DEF 14A. It says what shareholders will vote on, who sits on the board, and how the top managers are paid, set against how the shares did. Here are the key parts of Enterprise Products Partners L.P.'s latest one. Open the full statement.
The yearly meeting
The meeting date wasn't found in the text. The statement itself gives it on its first pages.
Proxy statement filed Oct 24, 2022.
The boss's pay next to a typical employee's
The chief executive was paid about 92× what the employee in the exact middle of the company's pay scale earned (the CEO pay ratio).
Each square is one typical employee's yearly pay; together they add up to the chief executive's. The red square is one employee for scale. Ratios vary a lot between industries: a company with many part-time or overseas workers has a lower middle wage.
“Teague’s fiscal 2021 annual total compensation was 92:1.”