Ron M. Logan, Jr.
About Ron M. Logan, Jr.
Ron M. Logan, Jr. (born 1960) is Executive Vice President of Kayne Anderson Energy Infrastructure Fund, Inc. (KYN), serving as an officer since September 2012; he previously served as Senior Vice President of KYN until June 2024 and is a Senior Managing Director at Kayne Anderson (since February 2014; Managing Director from 2006 to 2014) . KYN is externally managed by Kayne Anderson; the fund does not pay salaries, bonuses, equity awards, severance, or change‑of‑control benefits to its executive officers and does not maintain equity compensation plans, so company‑level pay‑for‑performance or TSR-based executive incentive structures are not disclosed; KAFA (the adviser) compensates executives and considers KYN’s performance in setting pay for certain senior managers, but cannot segregate the amount tied specifically to KYN . As of December 31, 2024, Logan beneficially owned 69,037 KYN common shares (<1% of class out of 169,126,038 shares outstanding), unchanged from the prior year snapshot, indicating steady personal ownership .
Past Roles
| Organization | Role | Years | Notes |
|---|---|---|---|
| Kayne Anderson (KAFA) | Senior Managing Director | Feb 2014–Present | Senior MD at Kayne Anderson; prior Managing Director Sep 2006–Feb 2014 . |
| Kayne Anderson (KAFA) | Managing Director | Sep 2006–Feb 2014 | Promoted to Senior MD in Feb 2014 . |
| KYN | Senior Vice President | Sep 2012–Jun 2024 | Served as SVP of KYN until June 2024 . |
| KYN | Executive Vice President | Sep 2012–Present | Executive Vice President; elected annually; officer since Sep 2012 . |
External Roles
| Organization | Role | Status/Years | Strategic Focus (as described) |
|---|---|---|---|
| Sentinel Midstream Highline JV Holdings LLC | Director | Current | Midstream energy company . |
| Streamline Innovations Holdings, Inc. | Director | Current | Gas and water treatment company . |
| VantaCore Partners LP | Director | Prior | Aggregates MLP . |
Fixed Compensation
| Component | Disclosure for KYN Executive Officers |
|---|---|
| Base salary | Not paid by the Company; executives are employees of KAFA (the external manager) . |
| Target bonus % | Not disclosed by KYN; compensation is determined and paid by KAFA . |
| Actual bonus | Not disclosed by KYN; determined/paid by KAFA . |
| Equity awards (RSUs/PSUs/Options) | None at KYN; the Company “does not maintain compensation plans under which its equity securities are authorized for issuance” . |
| Pension/SERP | None; the Company does not provide pension or retirement benefits . |
| Perquisites | None; the Company does not provide perquisites or other personal benefits . |
| Deferred compensation | Not disclosed by KYN; compensation handled by KAFA . |
| Clawback provisions | Not disclosed by KYN for executives; Company references a code of ethics generally . |
| Tax gross‑ups | Not disclosed by KYN . |
Performance Compensation
| Metric/Instrument | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| KAFA considers KYN performance when setting pay for certain senior managers at KAFA | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not applicable at KYN; KYN does not grant equity awards . |
The Company states it does not pay salaries/bonuses/equity or maintain executive employment agreements; executives are compensated by KAFA, which may increase compensation based on KYN performance but cannot segregate the portion attributable solely to KYN .
Equity Ownership & Alignment
| Metric | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|
| KYN common shares beneficially owned | 69,037 | 69,037 |
| Percent of class | <1% (169,126,038 shares o/s) | <1% (169,126,038 shares o/s) |
| Company equity awards outstanding (RSUs/Options) | None (no company equity plans for executives) | None (no company equity plans for executives) |
- Additional alignment context: As of December 31, 2024, Kayne Anderson, together with certain of its officers and employees (including KYN executive officers), owned approximately $35 million of KYN common stock in the aggregate .
- Section 16 compliance: The Company reports compliance for directors and executive officers; two late Form 3s were noted for other officers, with no issues noted for Logan .
Employment Terms
| Term | Disclosure for KYN Executive Officers |
|---|---|
| Employment agreement with KYN | None; executives are employees of KAFA, and KYN has no employment agreements with its executive officers . |
| Term of office | Elected annually as officers of KYN . |
| Start in current KYN officer capacity | Officer since September 2012; SVP until June 2024; currently Executive Vice President . |
| Severance | None; KYN has no arrangements for payments to executive officers upon termination . |
| Change‑of‑control | None; KYN has no arrangements for payments to executive officers upon a change in control . |
| Non‑compete / Non‑solicit / Garden leave | Not disclosed by KYN (executives are KAFA employees) . |
| Clawbacks | Not disclosed at KYN; Company references a code of ethics generally . |
Investment Implications
- Pay‑for‑performance transparency is low at the Company level: KYN does not compensate officers or grant equity; KAFA determines pay and may factor KYN performance, but amounts attributable specifically to KYN are not segregable. This reduces visibility into direct company‑level incentive alignment and severance/CIC risk is de minimis at KYN (no agreements) .
- Insider selling pressure appears limited near term: Logan’s disclosed beneficial holdings were unchanged at 69,037 shares across year‑end 2023 and 2024 snapshots, suggesting no net selling over that interval; absence of company equity awards means no KYN‑granted vesting overhang .
- Alignment is supported by personal and platform ownership: Logan’s direct holdings plus the ~$35 million aggregate ownership by Kayne Anderson and related personnel provide economic exposure to KYN’s equity outcomes, even though executive compensation flows through KAFA rather than KYN .
- Retention risk is tied to KAFA employment terms: With no KYN employment, severance, or CIC protections, retention and incentive structures reside at KAFA; investors should monitor adviser‑level disclosures/announcements for any changes in leadership or compensation philosophy that could impact KYN’s management continuity .