Sundar PichaiSundar Pichai earned $164M in 2023
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Christopher Crane

Ex-CEO of Exelon

Education

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

Field of Expertise

Technology & Engineering - Engineering

Born

June 1, 1960 - 64 years ago

Economy Sector

Utilities

Tenure

11 years 3 months (Sep 2011 - Dec 2022)

Previous Experience

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

Christopher Crane served as the CEO of Exelon Corporation from September 2011 until his retirement in December 2022, driven by health reasons. With a strong educational foundation, he holds a Bachelor's degree from the University of Illinois and an MBA...

Year

2022

Total Compensation

$15.08M

Salary

$1.34M

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with company performance and shareholder returns, while also considering competitive market practices.

Bonus

$0.00

Board Justification

No bonus was paid out in 2022 due to the pro-rated nature of the AIP award based on performance results and Crane's retirement date.

Other

$1.97M

Board Justification

Includes perquisites such as personal use of corporate aircraft, tax reimbursements, and contributions to savings plans.

Restricted Stock

$11.77M(11.77M performance shares)

Board Justification

Performance shares vested based on actual performance for the 2020-2022 performance cycle, with a payout of 104.98%.

Performance Metrics

Performance metrics for 2022 included adjusted (non-GAAP) operating EPS, outage duration, outage frequency, and customer satisfaction index.