Pattye L. Moore
ONE GasAbout Pattye L. Moore
Pattye L. Moore (age 67) is an independent director of ONE Gas, Inc. (OGS) serving since 2014 (11 years of tenure). She is a business strategy consultant (Pattye Moore & Associates LLC) and former President of Sonic Corp.; she also served as interim CEO of Red Robin in 2019 and holds a B.A. in Journalism/Public Relations from the University of Oklahoma .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Sonic Corp. | President; senior management roles | President 2002–2004; senior roles 1999–2002 | Executive leadership, marketing/brand development |
| Red Robin Gourmet Burgers | Interim CEO | 2019 | Operational leadership during transition |
| Pattye Moore & Associates LLC | Business Strategy Consultant | 2004–present | Advises on leadership/strategy; author of “Confessions from the Corner Office” (2007) |
External Roles
| Company | Role | Tenure | Notes/Interlocks |
|---|---|---|---|
| ONEOK, Inc. | Director (current) | 2002–present | Energy/utility experience; OGS was separated from ONEOK in 2014; multiple OGS directors have ONEOK ties (e.g., Rodriguez serves as ONEOK Compensation Committee Chair) |
| Red Robin Gourmet Burgers | Director; Chair | Director 2007–2019; Chair 2012–2019 | Prior public company board service |
| Sonic Corp. | Director | 2000–2006 | Prior public company board service |
| QuikTrip Corporation (private) | Director | N/A | Private company board service |
Board Governance
- Committee assignments: Audit Committee (member), Executive Compensation Committee (member), Corporate Governance Committee (member). Not a chair of any committee .
- Independence: Determined independent under NYSE and company guidelines .
- Attendance: The Board held 10 meetings in 2024; committees met Audit (6), Executive Compensation (4), Corporate Governance (5). All incumbent directors attended all Board and applicable committee meetings in 2024 (100% attendance) .
- Executive sessions: Non-management and independent directors hold executive sessions at each regularly scheduled in-person Board meeting .
- Anti-hedging/pledging: Strict prohibitions on hedging and pledging; no pledging exceptions granted to insiders in 2024 .
Fixed Compensation
| Component | Amount | Period/Date | Notes |
|---|---|---|---|
| Annual cash retainer | $95,000 | May 23, 2024–May 21, 2025 | No per-meeting fees; reimbursed reasonable expenses |
| Stock retainer (annual grant) | $130,000 | May 23, 2024–May 21, 2025 | Shares issued free of restrictions on grant date |
| Committee chair fees | $20,000 (Audit); $15,000 (Exec Comp); $15,000 (Corp Gov) | If chair | Moore is not a chair |
| Board Chair retainer | $100,000 | If applicable | Not applicable to Moore |
| Lead Independent Director retainer | $25,000 | If applicable | Not applicable to Moore |
2024 actual director compensation paid to Moore:
| Director | Cash Fees ($) | Stock Awards ($) | Nonqualified Deferred Comp Earnings ($) | All Other Comp ($) | Total ($) |
|---|---|---|---|---|---|
| Pattye L. Moore | $95,000 | $130,000 | – | $5,000 (charitable matching) | $230,000 |
Performance Compensation
- Equity grant detail: Awarded 2,055 shares in 2024 with $130,000 aggregate grant date fair value; director shares are issued free of restrictions on the grant date (retainer stock, not performance-based) .
| Year | Shares Awarded | Grant Date Fair Value ($) | Vesting/Terms |
|---|---|---|---|
| 2024 | 2,055 | 130,000 | Shares issued at grant; no restrictions |
- Options: None disclosed for directors; no unvested stock awards held by non-management directors at fiscal year-end .
- Deferred compensation elections: Moore deferred board fees to phantom stock; see Ownership table below .
Other Directorships & Interlocks
- Current public board: ONEOK (since 2002) .
- Interlocks: Eduardo A. Rodriguez (OGS director) chairs ONEOK’s Executive Compensation Committee; historical ONEOK ties among OGS directors (e.g., Gibson, Hutchinson) increase information flow potential but OGS reports no related-party transactions beyond regulated natural gas service .
Expertise & Qualifications
- Strategic leadership/strategic planning; customer service/brand development (Sonic, Red Robin); energy/utility oversight via ONEOK board; corporate governance and executive compensation experience; NACD Board Leadership Fellow; named to NACD 2017 Directorship 100 .
- Education: B.A. Journalism/Public Relations – University of Oklahoma .
Equity Ownership
| Holder | ONE Gas Common Shares Owned | Phantom Stock (Directors’ Deferred Comp Plan) | Total (Shares + Phantom) | % of Class |
|---|---|---|---|---|
| Pattye L. Moore | 500 | 50,057 | 50,557 | <1% |
Director ownership guidelines:
- Requirement: Minimum ownership of 5x annual cash retainer within five years (cash retainer $95,000 implies $475,000 ownership guideline) .
- Compliance: Moore has satisfied the minimum share ownership guidelines; only Hersman, Meshri, Siegel remain within their compliance windows (2028/2029) .
- Phantom stock details: Moore deferred $130,000 of board fees to phantom stock in 2024; cumulative phantom stock value $1,218,639 and 50,057 phantom shares at Dec 31, 2024. Dividend equivalents on phantom stock of $56,127 were reinvested in 2024. Phantom stock carries no voting rights until issuance upon end of service .
Governance Assessment
- Board effectiveness and engagement: Moore sits on all three core committees (Audit, Executive Compensation, Corporate Governance), contributing to financial oversight, pay design/risk assessment, and board refreshment/succession; her attendance was 100% in 2024, supporting strong engagement .
- Independence and policies: Affirmed independent; robust anti-hedging/anti-pledging policy with no exceptions in 2024; strong executive session cadence enhances independent oversight .
- Compensation alignment: Director pay mix emphasizes equity via annual stock retainer; Moore’s substantial phantom stock accumulation signals alignment, though phantom shares lack voting rights until issuance .
- Shareholder confidence signals: Company’s 2024 say-on-pay approval at 96% supports broader governance credibility; board reports strong safety/ESG integration and consistent execution against guidance since 2014, overlapping Moore’s tenure .
- Conflicts/related party: OGS discloses no related-person transactions beyond regulated natural gas service; nonetheless, cross-board service with ONEOK (Moore and Rodriguez) is an interlock investors should monitor for potential perceived conflicts, though formal independence is maintained .
RED FLAGS
- None identified in filings: no pledging/hedging, no loans, no related party transactions, full attendance. Interlocks with ONEOK warrant monitoring, but no disclosed conflicted transactions at OGS in 2024–2025 .