About

Matthew J. Meloy has served as Chief Executive Officer and a director of Targa Resources since March 1, 2020, and as Chief Executive Officer of the General Partner since March 2020. He brings operational, financial and capital markets experience drawn from more than a decade of senior roles across the company's finance and leadership functions.

Before becoming CEO, Mr. Meloy served as President between March 2018 and March 2020, and as Executive Vice President and Chief Financial Officer between May 2015 and February 2018, having held various finance and treasury roles since joining Targa in 2006. Prior to Targa, he worked in the structured finance group of The Royal Bank of Scotland, focusing on the energy sector.

Roles

Targa Resources Corp.
Chief Executive Officer and Director · Current role
2020–present
Targa Resources
President · President of the Company and the General Partner.
2018–2020
Targa Resources
Executive Vice President and Chief Financial Officer · Held various finance and treasury roles at the company beginning in 2006.
2015–2018
The Royal Bank of Scotland
Structured Finance Group (energy sector) · Focused on the energy sector prior to joining Targa.
2003–2006

Fixed Compensation

FY 2025
Salary
$1,170,667
All other compensation
$34,048
Includes401(k) and profit sharing, life insurance premiums
Total compensation
$21,470,708

Performance Compensation

Data from FY 2025

Cash incentive

Bonus
$3,990,000
FormBonus

Stock awards

Stock awards
$16,275,993
FormRSUs and performance share units

Also at Targa Resources Corp.

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