Avangrid CEO Anthony Marone's 2020 pay jumps 96% to $3.7M
Avangrid reports 2020 executive compensation
By ExecPay News
Published: April 16, 2021
Avangrid reported fiscal year 2020 executive compensation information on April 16, 2021.
In 2020, seven Avangrid executives received on average a compensation package of $2M, a 31% increase compared to previous year.
Average pay of disclosed executives at Avangrid
Anthony Marone III, Chief Executive Officer, received $3.7M in total, which increased by 96% compared to 2019. 54% of Marone's compensation, or $2M, was of change in pension value and nonqualified deferred compensation earnings. Marone also received $345K in non-equity incentive plan, $547K in salary, $816K in stock awards, as well as $9.8K in other compensation.
R. Scott Mahoney, General Counsel, received a compensation package of $2.6M, which increased by 77% compared to previous year. 44% of the compensation package, or $1.1M, was in stock awards.
Alejandro de Hoz, Chief Executive Officer, earned $1.8M in 2020.
Dennis V. Arriola, Chief Executive Officer, received $1.8M in 2020.
Robert D Kump, Chief Executive Officer, earned $1.4M in 2020, a 12% decrease compared to previous year.
James P Torgerson, Chief Executive Officer, received $1.2M in 2020, which decreases by 46% compared to 2019.
Douglas Stuver, Chief Financial Officer, earned $1.2M in 2020, a 74% increase compared to previous year.
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Alejandro de Hoz
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Source: SEC filing on April 16, 2021.