internal
Pierce H. Norton II
President and Chief Executive Officer
Executive
8 yr
30 reports
ONEOK, Inc. ·OKE
COO role added in 2025 after long CEO-centric structure
Energy · Fortune #200 · Hybrid structure · 5K employees · Tulsa, Oklahoma
View as of:
5
CEO span
↓ tighter than peers (avg 8)
2.7
Avg span
moderate
3
Max depth
3 levels
4.2 yr
Avg tenure
stable vs FY2024
60%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$33.6B
Operating income
$5.7B
Net income
$3.4B
Total assets
$66.6B
Shares out
630M
Sourced from ONEOK, Inc. DEF 14A · filed 2026-04-01 ↗ View on SEC
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ONEOK, Inc. organizational chart
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COO role added in 2025 after long CEO-centric structure. This page maps ONEOK’s executive organization, showing the CEO, C-suite, and key functional leaders, with analysis of spans, depth, recent leadership changes, and peer comparisons among major midstream energy companies.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal Pattye L. Moore departed as Director
Retired from the Board effective May 20, 2026.
Source · See change logScenario views in the chart
- Add Chief AI Officer Introduce a Chief AI Officer reporting to the CEO to formalize oversight of AI and digital transformation.
- Move HR under COO Shift HR reporting from the CEO to the COO to further centralize operational support functions.
Atlas work this supports
- Connect Workday or UKG Get these analytics for YOUR org — tenure, span of control, headcount, automatically from your HRIS.
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The people
Who's running this
6 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
Randy N. Lentz
Executive Vice President and Chief Operating Officer
Operations
1 yr
15 reports
internal
Walter S. Hulse III
Chief Financial Officer, Treasurer and EVP, Corporate Development & Investor Relations
Finance
6 yr
12 reports
internal
Sheridan C. Swords
Executive Vice President and Chief Commercial Officer
Commercial
4 yr
10 reports
Lyndon C. Taylor
Executive Vice President and Chief Legal Officer
Legal
2 yr
6 reports
Open Role
Chief Human Resources Officer
Human Resources
1 yr
6 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 2 named executive officers disclosed. Bar length scales with total compensation.
Pierce H. Norton II $12.0M
- Base salary
- $1.00M
- Stock awards
- $8.77M
- Non-equity incentive
- $1.58M
- Other
- $654K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
Walter S. Hulse III $8.3M
- Base salary
- $750K
- Stock awards
- $6.01M
- Non-equity incentive
- $1.18M
- Other
- $350K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The businesses
How ONEOK, Inc. divides the work
5 divisions report into the group CEO. Tile size scales with estimated headcount.
Operations
3K employees
Executive Vice President and Chief Operating Officer (Randy N. Lentz)
Oversees gathering, processing and pipeline operations across ONEOK’s asset footprint.
Finance
400 employees
Chief Financial Officer (Walter S. Hulse III)
Manages financial reporting, treasury, tax, and investor relations.
Commercial
300 employees
Chief Commercial Officer (Sheridan C. Swords)
Leads marketing, sales, and commercial strategy for midstream services.
Legal & Regulatory
150 employees
Chief Legal Officer (Lyndon C. Taylor)
Handles legal affairs, compliance, and regulatory engagement.
Human Resources
200 employees
Chief Human Resources Officer (Open Role)
Responsible for talent management, benefits, and human capital strategy.
The thesis
Why this org is unusual
The most distinctive feature of ONEOK’s structure is the relatively recent creation of a formal COO role in 2025 after years of a CEO-centric operating model.
The COO now consolidates operational execution across gathering, processing and pipelines, reducing the CEO’s historical span of control. This change aligns ONEOK more closely with peer midstream operators that separate strategic leadership from day-to-day operations. Overall, the organization remains enterprise-oriented, with strong functional leadership in finance, legal and commercial areas rather than fully autonomous business units.
- COO role added in 2025
- Strong functional EVP model
The comparison
How ONEOK, Inc. stacks up
Compared with large midstream peers such as Kinder Morgan and Williams, ONEOK’s structure is less divisional and more centralized. Peers often have long-established COOs and clearer segment CEOs, while ONEOK only recently added the COO layer. Its C-suite is slightly smaller than some competitors, reflecting a …
C-suite size
Reporting depth
ONEOK, Inc.
3 levels
4 levels
5 levels
Enbridge
6 levels
4 levels
Avg C-suite tenure
Has COO / Has CAIO
ONEOK, Inc. ✓ COO — no CAIO
Enbridge ✓ COO — no CAIO
Current signals
What changed recently
The most consequential change was the addition of a formal COO role in early 2025.
- departed
- new
- newRandy N. Lentz Executive Vice President and Chief Operating Officer
Appointed COO effective January 6, 2025.
Source
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2026-04-01
- CEO
- Pierce H. Norton II
- CEO span
- 5
- C-suite
- 5
- Avg tenure
- 4.2 yr
First year reflecting a formal COO role.
Named executive officers (5)
- Pierce H. Norton II - President and CEO since 2017
- Walter S. Hulse III - CFO since 2020
- Randy N. Lentz - COO since 2025
- Sheridan C. Swords - CCO since 2022
- Lyndon C. Taylor - Chief Legal Officer since 2023
FY2024
DEF 14A filed 2025-04-02
- CEO
- Pierce H. Norton II
- CEO span
- 4
- C-suite
- 4
- Avg tenure
- 4.5 yr
No COO; operations reported directly to CEO.
Named executive officers (4)
- Pierce H. Norton II - President and CEO since 2017
- Walter S. Hulse III - CFO since 2020
- Sheridan C. Swords - CCO since 2022
- Lyndon C. Taylor - Chief Legal Officer since 2023
FY2023
DEF 14A filed 2024-04-01
- CEO
- Pierce H. Norton II
- CEO span
- 4
- C-suite
- 4
- Avg tenure
- 4.8 yr
Pre-acquisition structure with centralized operations.
Named executive officers (4)
- Pierce H. Norton II - President and CEO since 2017
- Walter S. Hulse III - CFO since 2020
- Sheridan C. Swords - CCO since 2022
- Lyndon C. Taylor - Chief Legal Officer since 2023
Year-over-year changes
Addition of a COO increased CEO span and formalized operational leadership.
- CEO span: 4 → 5
- C-suite size: 4 → 5
- Avg tenure: 4.5 → 4.2 yr
- new Randy N. Lentz - Chief Operating Officer (DEF 14A filed 2026-04-01)
Frequently Asked Questions
Who is the CEO of ONEOK?
Pierce H. Norton II has served as President and CEO of ONEOK since 2017.
What type of organizational structure does ONEOK use?
ONEOK uses a hybrid enterprise structure with strong functional leadership and centralized operations.
How many direct reports does ONEOK's CEO have?
The CEO currently has five direct executive reports.
How has ONEOK's leadership changed recently?
In 2025, ONEOK added a Chief Operating Officer role and refreshed its Board with new directors in 2026.
Does ONEOK have a COO?
Yes. Randy N. Lentz was appointed Executive Vice President and Chief Operating Officer in January 2025.
Sources
- 8-K Filing, Mar 25 2026
- 8-K Filing, Jan 26 2026
- Company Proxy Statement, Apr 2026
- SEC EDGAR: ONEOK, Inc. DEF 14A Proxy Statement
- SEC EDGAR: ONEOK, Inc. 10-K Annual Report
Reference
Cite this page
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
APA 7th
Creately. (2026). ONEOK, Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/oneok/MLA 9th
"ONEOK, Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/oneok/. Accessed .Chicago 17
Creately. "ONEOK, Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/oneok/.Original SEC source View on SEC ↗
ONEOK, Inc.. DEF 14A. Filed 2026-04-01. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1039684/000103968426000010/oke-20260331.htmPermanent URL: https://creately.com/org-chart/fortune-500/oneok/ · last updated 2026-04-01