Sundar PichaiSundar Pichai earned $164M in 2023
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Calvin G. Butler

CEO of Exelon

Education

Bachelor's degree from the University of Illinois; MBA from the University of Chicago.

Field of Expertise

Business & Management

Born

January 1, 1969 - 56 years ago

Economy Sector

Utilities

Current Tenure

2 years 1 month (Dec 2022 - Present)

Previous Experience

President and Chief Operating Officer of Exelon, with prior roles in the company.

Calvin G. Butler, the CEO of Exelon Corporation since December 31, 2022, has a strong educational background with a bachelor's degree from the University of Illinois and an MBA from the University of Chicago. He joined Exelon in 2014 as...

Year

2023

Total Compensation

$10.96M

Salary

$1.24M

Board Justification

Exelon's compensation philosophy emphasizes pay for performance, aligning executive compensation with company performance and market benchmarks to retain top talent.

Bonus

$2.27M

Board Justification

The bonus is based on the Annual Incentive Plan (AIP) with a target of 140% of salary, and the actual award is determined by performance factors.

Other

$483.92K

Board Justification

Other compensation includes perquisites such as personal use of corporate aircraft, car and driver services, and financial planning services.

Restricted Stock

$6.96M(193.95K RSU)

Board Justification

The vested stock includes performance share awards from the 2021-2023 performance cycle that vested on January 29, 2024.

Performance Metrics

Performance metrics for the CEO's compensation include utility net income, return on equity, and cash flow metrics.