DTE Energy reports 2018 executive compensation

CEO Gerard M. Anderson receives $11M

DTE Energy reported fiscal year 2018 executive compensation information on March 14, 2019.

In 2018, five DTE Energy executives received on average a compensation package of $5,171,139, a 23% decrease compared to previous year.

Average pay of disclosed executives at DTE Energy

Gerard M. Anderson, Chief Executive Officer, received $10,986,809 in total, which decreased by 31% compared to 2017. 63.65% of Anderson's compensation, or $6,992,734, was in stock awards. Anderson also received $2,500,000 in non-equity incentive plan, $1,344,231 in salary, as well as $149,844 in other compensation.

Gerardo Norcia, Chief Operating Officer, received a compensation package of $5,476,877, which increased by 12% compared to previous year. 54.39% of the compensation package, or $2,979,048, was in stock awards.

Peter B. Oleksiak, Chief Financial Officer, earned $3,573,455 in 2018, a 2% decrease compared to previous year.

David E. Meador, Chief Administrative Officer, received $3,416,488 in 2018, which decreases by 24% compared to 2017.

Trevor F. Lauer, Chief Operating Officer, earned $2,402,065 in 2018.