Alexander KarpAlexander Karp earned $1B in 2024

In 2022, Dennis V. Arriola earned $3.13M in total compensation at Avangrid, including $641.35K salary, $1.00M bonus and $842.50K in stock. Most recently acquired 1,500 shares in Feb 2024. Currently holds stock worth $4.84M. Has donated $34.81K in stock to charitable causes. Led Avangrid as CEO for 1 years.

Compensation History

Annual executive compensation data for Dennis V. Arriola, including salary, bonuses, and stock awards.

Year

2022

Total Compensation

$3.13M

Salary

$641.35K

Bonus

$1.00M

Other

$650.10K

Salary

$641.35K

Board Justification

The compensation philosophy is designed to attract, retain, and motivate highly talented professionals while aligning with long-term business goals and values, without encouraging excessive risk-taking.

Bonus

$1.00M

Board Justification

This includes a portion of the Executive Variable Pay Plan payout with respect to performance assessment conducted by the board, as well as a sign-on bonus.

Other Compensation

$650.10K

Board Justification

This includes separation payments and paid time off paid out on separation.

Restricted Stock

$842.50K17.5K RSU

Board Justification

This represents the RSUs granted to Mr. Arriola that vested immediately upon grant.

Performance Metrics

The performance metrics include adjusted net income, customer reliability, health and safety, renewables growth, and increased sustainable supplier base.

A

Dennis V. Arriola

Ex-CEO of Avangrid

Education

Bachelor's degree in Economics from Stanford University and an MBA from Harvard University

Field of Expertise

Energy & Utilities - Energy

Sector of Economy

Utilities

CEO of Avangrid for

1 year 10 months (Jul 2020 - May 2022)

Previous Experience

Executive Vice President and Group President, Chief Sustainability Officer at Sempra Energy

Holdings

Track Dennis V. Arriola's stock holdings and portfolio value over time.

Charitable Transactions

SRE

384 shares

SRE

Recent Charitable Transactions

SRE

184 shares

SRE

Dec 3, 2019

Charity

SRE

4 shares

SRE

Dec 13, 2018

Charity

SRE

4 shares

SRE

Dec 7, 2017

Charity

Insider Trading

Dennis V. Arriola's recent stock transactions, purchases, and sales filed with the SEC.

MTH

1,500 shares

MTH

Feb 22, 2024

Received

MTH

2,100 shares

MTH

Jun 14, 2023

Received

AGR

$1.16M

AGR at $46.53/share

Feb 26, 2021

Purchase

SRE

$100.73K

SRE at $100.73/share

Mar 13, 2020

Purchase

SRE

4,565.09 shares

SRE

Feb 25, 2020

Received

SRE

12,562.36 shares

SRE

Jan 16, 2020

Received

SRE

1,811 shares

SRE

Jan 2, 2020

Received

SRE

184 shares

SRE

Dec 3, 2019

Charity

SRE

4,701.27 shares

SRE

Feb 21, 2019

Received

SRE

12,664 shares

SRE

Jan 2, 2019

Received

Rivals

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