Former Chief Operating Officer · NATIONAL FUEL GAS CO (NFG)

Ronald Kraemer

A named executive officer of NATIONAL FUEL GAS in every fiscal year CompBrief holds from FY2021 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$3,225,319

FY2024: $5,787,603

3rd of 7 named executive officers at National Fuel GAS by FY2025 total.

7 named officers on file for NATIONAL FUEL GAS, FY2025

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What this number hides

The filing gives the total. NATIONAL FUEL GAS’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

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Compensation figures as of the proxy filed January 23, 2026 (DEF 14A).

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Ronald Kraemer compensation by year

NATIONAL FUEL GAS Summary Compensation Table · all 5 fiscal years held
In US dollars, as NATIONAL FUEL GAS reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2021FY2022FY2023FY2024FY2025
Salary$662,167$759,500$798,750$820,000$277,083
Bonus$0—$0$0$0
Stock awards$855,268$2,161,947$2,432,923$2,465,653$2,505,359
Option awards$0$0$0$0$0
Non-equity incentive$799,467$985,831$908,978$890,520$390,516
Pension and deferred compensation$1,094,770$946,819$1,676,914$1,476,604$721
All other$104,014$135,323$138,094$134,826$51,640
Total$3,515,686$4,989,420$5,955,659$5,787,603$3,225,319

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: NATIONAL FUEL GAS CO DEF 14A filed January 23, 2026, accession 0001193125-26-020739, and prior-year filings.

How this page was built: the NATIONAL FUEL GAS CO filed document, accession 0001193125-26-020739. Every figure is read from that document and cited to the page and table it appears in. Filed January 23, 2026.

$3.5M
$5.0M
$6.0M
$5.8M
$3.2M
FY21
FY22
FY23
FY24
FY25
SalaryNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
RSU28,284$2,612,593—
RSU23,274$2,149,819—
RSU14,142$1,306,297—
RSU4,874$450,211—
RSU526$48,587—
RSU394$36,394—

Per the Outstanding Equity Awards at Fiscal Year-End table in NATIONAL FUEL GAS CO's FY2025 proxy; value at the fiscal year-end close, as the company printed it.

NATIONAL FUEL GAS’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
David BauerPresident and Chief Executive Officer$9,119,455
Justin LowethPresident of Seneca Resources Company, LLC$4,043,040
Ronald Kraemer · this pageFormer Chief Operating Officer$3,225,319
Donna DeCarolisFormer President of National Fuel Gas Distribution Corporation$2,421,995
Joseph Del VecchioPresident of National Fuel Gas Supply Corporation$2,124,369
Timothy SilversteinTreasurer and Chief Financial Officer$1,973,763
Martin KrebsChief Information Officer$1,298,071

Ronald Kraemer's compensation dossier, NATIONAL FUEL GAS

You have read Ronald Kraemer's totals and holdings. The dossier adds each equity grant NATIONAL FUEL GAS disclosed for Ronald Kraemer and NATIONAL FUEL GAS's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.

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The full NATIONAL FUEL GAS compensation record

free company brief

This page is one person within NATIONAL FUEL GAS's record. The company brief lists every named executive, each linking to their own page.

Peer companies

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Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are NATIONAL FUEL GAS's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

Ronald Kraemer's compensation dossier