Sundar PichaiSundar Pichai earned $164M in 2023

Dennis V. Arriola was the CEO of Avangrid, Inc., starting his journey on July 20, 2020, after a solid career in the energy sector. Before Avangrid, he held significant roles at Sempra Energy, where he was the executive vice president...

Quick Links
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

Rivals

Competitors/colleagues of Dennis V. Arriola

Holdings

See how much did Dennis V. Arriola make over time.

Throughout his career, Dennis V. Arriola has shown a keen investment in Avangrid's future, reflected in his noteworthy stock holdings. At one point, his holdings reached over $10 million, indicating his strong belief in the company's upward trajectory. However, there...

Mar 18, 2025

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

See recent insider trades of Dennis V. Arriola.

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

Compensation History

See how much did Dennis V. Arriola make over time.

Dennis V. Arriola's compensation at Avangrid painted a picture of a CEO who was rewarded for performance and strategic vision. In 2022, his total earnings hit about $2.99 million, which included a base salary, hefty bonuses, and the value of vested stocks. His base salary was $641,346, but the real boost came from a $1 million bonus that reflected his effective leadership and alignment with the company's goals. Additionally, his stock rewards added substantial value, showcasing an incentive structure aimed at long-term growth rather than just immediate gains. The compensation philosophy focused on attracting top talent while ensuring they were motivated to make sustainable decisions benefitting the company in the long run. This approach helped solidify Arriola's position as a pivotal figure in Avangrid’s ongoing commitment to renewable energy.

Year

2022

Total Compensation

$3.13M

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

$650.10K

Board Justification

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

Restricted Stock

$842.50K(17.5K 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.