Public Service Enterprise Group CEO Ralph Izzo's 2019 pay jumps 25% to $13M

Public Service Enterprise Group reports 2019 executive compensation

By ExecPay News

Published: March 16, 2020

Public Service Enterprise Group reported fiscal year 2019 executive compensation information on March 16, 2020.

In 2019, five executives at Public Service Enterprise Group received on average a compensation package of $5.4M, a 8% increase compared to previous year.

Average pay of disclosed executives at Public Service Enterprise Group

Ralph Izzo, Chief Executive Officer, received $13M in total, which increased by 25% compared to 2018. 57% of Izzo's compensation, or $7.4M, was in stock awards. Izzo also received $2.2M of change in pension value and nonqualified deferred compensation earnings, $2.1M in non-equity incentive plan, $1.4M in salary, as well as $60K in other compensation.

Ralph A. LaRossa, Chief Operating Officer, received a compensation package of $4.1M, which decreased by 46% compared to previous year. 35% of the compensation package, or $1.4M, was in stock awards.

Daniel J. Cregg, Chief Financial Officer, earned $3.4M in 2019, a 34% increase compared to previous year.

Tamara L. Linde, General Counsel, received $3.4M in 2019, which increases by 39% compared to 2018.

David M. Daly, Chief Operating Officer, earned $2.8M in 2019, a 48% increase compared to previous year.