Eversource Energy CEO James Judge's 2018 pay slips 6% to $15M
Eversource Energy reports 2018 executive compensation
By ExecPay News
Published: March 26, 2021
Eversource Energy reported fiscal year 2018 executive compensation information on March 26, 2021.
In 2018, six executives at Eversource Energy received on average a compensation package of $5.3M, a 15% decrease compared to previous year.
Average pay of disclosed executives at Eversource Energy
James J. Judge, Chief Executive Officer, received $15M in total, which decreased by 6% compared to 2017. 38% of Judge's compensation, or $5.6M, was in stock awards. Judge also received $5.6M of change in pension value and nonqualified deferred compensation earnings, $2.4M in non-equity incentive plan, $1.3M in salary, as well as $25K in other compensation.
For fiscal year 2018, the median employee pay was $129,401 at Eversource Energy. Therefore, the ratio of James J. Judge's pay to the median employee pay was 115 to one.
Philip J. Lembo, Chief Financial Officer, received a compensation package of $4.2M, which increased by 8% compared to previous year. 37% of the compensation package, or $1.5M, was of change in pension value and nonqualified deferred compensation earnings.
Joseph R. Nolan, Jr, Executive Vice President Strategy, Customer and Corporate Relations, earned $3.4M in 2018.
Werner J. Schweiger, Chief Operating Officer, received $3.3M in 2018, which decreases by 17% compared to 2017.
Gregory B. Butler, General Counsel, earned $2.9M in 2018, a 27% decrease compared to previous year.
Leon J. Olivier, Executive Vice President Enterprise Energy Strategy and Business Development, received $2.8M in 2018, which decreases by 14% compared to 2017.
Related executives
Joseph Nolan
Eversource Energy
Executive Vice President Strategy, Customer and Corporate Relations
James Judge
Eversource Energy
Chief Executive Officer
Philip Lembo
Eversource Energy
Chief Financial Officer
Leon Olivier
Eversource Energy
Former Executive Vice President Enterprise Energy Strategy and Business Development
Werner Schweiger
Eversource Energy
Chief Operating Officer
Gregory Butler
Eversource Energy
General Counsel
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Source: SEC filing on March 26, 2021.