In 2023, Dennis P. Vermillion earned $1.12M in total compensation at Avista, including $878.77K salary and $219.69K bonus. Most recently acquired 25,734 shares in Feb 2024. Currently holds stock worth $59.64M. Led Avista as CEO for 5 years.
Compensation History
Annual executive compensation data for Dennis P. Vermillion, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.12M
Salary
$878.77K
Bonus
$219.69K
Other
$18.00K
Salary
$878.77KBoard Justification
The compensation philosophy is designed to align executive pay with financial and operational performance, focusing on long-term value creation for shareholders.
Bonus
$219.69KBoard Justification
The annual cash incentive awards paid in 2024 earned by our NEOs for 2023 performance in accordance with the 2023 Cash Incentive Plan, which was determined to be 25% of target due to performance results.
Other Compensation
$18.00KBoard Justification
Includes employer matching contributions under the EDC Plan and the Investment and Employee Stock Ownership Plan (the 401(k) plan).
Restricted Stock
Board Justification
No stock awards were vested in 2023 as the focus is on cash and performance-based compensation for this year.
Performance Metrics
The performance metrics include achieving EPS targets, favorable TSR relative to peers, managing costs per customer, customer satisfaction, response time to natural gas emergency calls, reliability of service, and equity, inclusion, and diversity goals.
Dennis P. Vermillion
Ex-CEO of Avista
Education
Bachelor of Science degree in Electrical Engineering
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Utilities
Born
January 1, 1964 - 61 years ago
CEO of Avista for
5 years 3 months (Oct 2019 - Jan 2025)
Previous Experience
Senior Vice President and Environmental Compliance Officer
Holdings
Track Dennis P. Vermillion's stock holdings and portfolio value over time.
Total Stock Sold
$1.06M
$1.06M
25,752 AVA shares
What if they kept their stock?
If Dennis P. Vermillion didn't sell their stock, today they would have:
Extra AVA25,752 shares worth $996.86K.
This is -5.57% and $58.83K less than what they got when they sold the stock.
Insider Trading
Dennis P. Vermillion's recent stock transactions, purchases, and sales filed with the SEC.
$839.96K
AVA at $32.64/share
Feb 8, 2024
Received
$651.29K
AVA at $44.26/share
Feb 3, 2022
Received
$474.99K
AVA at $37.43/share
Feb 4, 2021
Received
$418.77K
AVA at $51.15/share
Feb 5, 2020
Received
3,812 shares
AVA
Feb 11, 2019
Received
4,114 shares
AVA
Feb 11, 2019
Received
4,300 shares
AVA
Feb 2, 2017
Received
$1.02M
AVA at $40.64/share
May 6, 2016
Sale
Rivals
Compare Dennis P. Vermillion 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
Stephen D. Westhoven
CEO of New Jersey Resources
2023 Compensation
Stock
$1.41M
Salary
$938.25K
Bonus
$0.00
Other
$75.31K
Total Holdings
$56.89M
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
Sean Trauschke
CEO of OGE Energy
2023 Compensation
Stock
$0.00
Salary
$1.16M
Bonus
$1.49M
Other
$154.25K
Total Holdings
$89.92K