In 2023, David J. Lockwood earned $1.63M in total compensation at Eversource Energy, primarily from $1.63M salary. Most recently acquired 19,486 shares in May 2012. Has led Eversource Energy for over 13 years.
Compensation History
Annual executive compensation data for David J. Lockwood, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.63M
Salary
$1.63M
Bonus
$0.00
Other
$0.00
Salary
$1.63MBoard Justification
The compensation philosophy emphasizes pay for performance, linking executive compensation to the achievement of financial and operational goals, while ensuring alignment with shareholder interests.
Bonus
$0.00Board Justification
The annual incentive payment was determined to be 94% of target due to overall company performance and specific challenges faced during the year.
Other Compensation
$0.00Board Justification
No additional compensation details were provided in the section.
Restricted Stock
Board Justification
No stock was vested in 2023 as the focus was on performance-based incentives and no stock grants were mentioned as vested in the provided section.
Performance Metrics
The performance metrics included earnings per share growth and total shareholder return relative to peers.
David J. Lockwood
CEO of Eversource Energy
Education
Bachelor of Arts degree from Miami University (Ohio) and a Masters of Business Administration degree from the Graduate School of Business of the University of Chicago
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Utilities
Born
January 1, 1970 - 55 years ago
CEO of Eversource Energy for
13 years 5 months (Jun 2012 - Present)
Previous Experience
Partner of ValueAct Capital, Chairman and CEO of Liberate Technologies, CEO and President of Intertrust, Managing Director at Goldman Sachs
Holdings
Track David J. Lockwood's stock holdings and portfolio value over time.
Insider Trading
David J. Lockwood's recent stock transactions, purchases, and sales filed with the SEC.
Rivals
Compare David J. Lockwood with competitor CEOs and industry peers.
Warner L. Baxter
CEO of Ameren
2021 Compensation
Stock
$0.00
Salary
$1.30M
Bonus
$0.00
Other
$158.48K
Total Holdings
$2.00M
Timothy Cawley
CEO of Consolidated Edison
2023 Compensation
Stock
$11.43M
Salary
$1.35M
Bonus
$2.26M
Other
$79.60K
Total Holdings
$3.07M
David A. Campbell
CEO of Evergy
2023 Compensation
Stock
$940.54K
Salary
$1.06M
Bonus
$0.00
Other
$60.80K
Total Holdings
$17.47M
Scott J. Lauber
CEO of WEC Energy Group
2023 Compensation
Stock
$0.00
Salary
$1.09M
Bonus
$0.00
Other
$504.54K
Total Holdings
$196.23K