Sundar PichaiSundar Pichai earned $164M in 2023
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Andrew M. Vesey

CEO of PG&E

Education

Not disclosed

Field of Expertise

Energy & Utilities - Utilities

Born

January 1, 1955 - 70 years ago

Economy Sector

Utilities

Current Tenure

5 years 5 months (Aug 2019 - Present)

Previous Experience

Managing Director and Chief Executive Officer of AGL Energy in Australia

Andrew M. Vesey has been the CEO of Pacific Gas and Electric Company (PG&E) since August 2019, stepping in during a crucial time for the company as it emerged from bankruptcy. With a rich background in the utilities sector, he...

Year

2023

Total Compensation

$29.18M

Salary

$1.40M

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and shareholder interests, with a significant portion of compensation at risk based on performance metrics.

Bonus

$3.45M

Board Justification

The short-term incentive plan award based on performance metrics for 2023, certified at 170.1% of target.

Other

$0.00

Board Justification

No other compensation reported for 2023.

Restricted Stock

$24.32M(1.54M RSU)

Board Justification

The value of stock awards that vested in 2023, including RSUs and PSUs, based on performance metrics achieved during the year.

Performance Metrics

Performance metrics include safety, customer satisfaction, financial performance, and individual contributions.