Eversource Energy CEO James Judge's 2019 pay jumps 33% to $19.8M
Eversource Energy reports 2019 executive compensation
By ExecPay News
Published: March 26, 2020
Eversource Energy reported fiscal year 2019 executive compensation information on March 26, 2020.
In 2019, five executives at Eversource Energy received on average a compensation package of $7.9M, a 40% increase compared to previous year.
Average pay of disclosed executives at Eversource Energy James J. Judge, Chief Executive Officer, received $19.8M in total, which increased by 33% compared to 2018. 44.35% of Judge's compensation, or $8.8M, was of change in pension value and nonqualified deferred compensation earnings. Judge also received $3M in non-equity incentive plan, $1.3M in salary, $6.7M in stock awards, as well as $26.6K in other compensation.
For fiscal year 2019, the median employee pay was $133,899 at Eversource Energy. Therefore, the ratio of James J. Judge's pay to the median employee pay was 148 to one.
Gregory B. Butler, General Counsel, received a compensation package of $5.5M, which increased by 93% compared to previous year. 53.13% of the compensation package, or $2.9M, was of change in pension value and nonqualified deferred compensation earnings. Werner J. Schweiger, Chief Operating Officer, earned $5.4M in 2019, a 64% increase compared to previous year. Philip J. Lembo, Chief Financial Officer, received $4.5M in 2019, which increases by 7% compared to 2018. Leon J. Olivier, Former Executive Vice President Enterprise Energy Strategy and Business Development, earned $4.1M in 2019, a 44% increase compared to previous year.
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