Public Service Enterprise Group reports 2018 executive compensation

CEO Ralph Izzo receives $10.4M

Public Service Enterprise Group reported fiscal year 2018 executive compensation information on March 12, 2019.

In 2018, five executives at Public Service Enterprise Group received on average a compensation package of $4,968,785, a 26% increase compared to previous year.

Average pay of disclosed executives at Public Service Enterprise Group

Ralph Izzo, Chief Executive Officer, received $10,419,291 in total, which decreased by 2% compared to 2017. 67.04% of Izzo's compensation, or $6,985,019, was in stock awards. Izzo also received $2,036,800 in non-equity incentive plan, $1,340,000 in salary, as well as $57,472 in other compensation.

Ralph A. LaRossa, Chief Operating Officer, received a compensation package of $7,514,587, which increased by 119% compared to previous year. 58.55% of the compensation package, or $4,400,095, was in stock awards.

Daniel J. Cregg, Chief Financial Officer, earned $2,546,768 in 2018, a 2% decrease compared to previous year.

Tamara L. Linde, General Counsel, received $2,450,518 in 2018, which decreases by 4% compared to 2017.

David M. Daly, Chief Operating Officer, earned $1,912,762 in 2018.