CenterPoint Energy CEO David Lesar's 2021 pay jumps 216% to $38M
CenterPoint Energy reports 2021 executive compensation
By ExecPay News
Published: March 11, 2022
CenterPoint Energy reported fiscal year 2021 executive compensation information on March 11, 2022.
In 2021, six executives at CenterPoint Energy received on average a compensation package of $13M, a 121% increase compared to previous year.
Average pay of disclosed executives at CenterPoint Energy
David J. Lesar, Chief Executive Officer, received $38M in total, which increased by 216% compared to 2020. 88% of Lesar's compensation, or $33M, was in stock awards. Lesar also received $2.1M in non-equity incentive plan, $1.4M in salary, as well as $909K in other compensation.
For fiscal year 2021, the median employee pay was $103,170 at CenterPoint Energy. Therefore, the ratio of David J. Lesar's pay to the median employee pay was 366 to one.
Milton Carroll, Chairman, received a compensation package of $32M, which increased by 402% compared to previous year. 87% of the compensation package, or $28M, was in other compensation.
Jason P. Wells, Chief Financial Officer, earned $3.3M in 2021, a 11% decrease compared to previous year.
Monica Karuturi, General Counsel, received $2.1M in 2021.
Scott E. Doyle, Executive Vice President, Utility Operations, earned $2.1M in 2021, a 4% increase compared to previous year.
Kenneth M. Mercado, Former Executive Vice President, Electric Utility, received $2M in 2021.
Related executives
David Lesar
CenterPoint Energy
Chief Executive Officer
Jason Wells
CenterPoint Energy
Chief Financial Officer
Scott Doyle
CenterPoint Energy
Executive Vice President, Utility Operations
Kenneth Mercado
CenterPoint Energy
Former Executive Vice President, Electric Utility
Monica Karuturi
CenterPoint Energy
General Counsel
Milton Carroll
CenterPoint Energy
Chairman
You may also like
Source: SEC filing on March 11, 2022.