Alexander KarpAlexander Karp earned $1B in 2024

In 2019, Donald E. Brandt earned $12.77M in total compensation at Pinnacle West Capital, including $1.31M salary and $11.41M in stock. Most recently acquired 27,256 shares in Oct 2019. Currently holds stock worth $8.07M. Led Pinnacle West Capital as CEO for 10 years.

Compensation History

Annual executive compensation data for Donald E. Brandt, including salary, bonuses, and stock awards.

Year

2019

Total Compensation

$12.77M

Salary

$1.31M

Bonus

$0.00

Other

$49.06K

Salary

$1.31M

Board Justification

The compensation philosophy focuses on aligning executive pay with performance, ensuring that a significant portion of compensation is at risk and tied to the achievement of measurable goals that drive shareholder value.

Bonus

$0.00

Board Justification

The CEO did not receive a cash bonus in 2019, but received a portion of the 2017 CEO Performance-Contingent Award as part of the Non-Equity Incentive Plan Compensation.

Other Compensation

$49.06K

Board Justification

Other compensation includes contributions to the 401(k) plan, personal security, and perquisites such as a car allowance and executive physical.

Restricted Stock

$11.41M126.18K RSU

Board Justification

The stock awards that vested in 2019 include RSUs and performance shares that were granted in previous years and are based on the fair market value of the stock on the vesting date.

Performance Metrics

The performance metrics for the CEO's compensation in 2019 were based on earnings targets and business unit performance metrics.

P

Donald E. Brandt

Ex-CEO of Pinnacle West Capital

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Utilities

Born

January 1, 1958 - 67 years ago

CEO of Pinnacle West Capital for

10 years 10 months (Mar 2008 - Jan 2019)

Previous Experience

Executive Vice President and Chief Financial Officer of Pinnacle West and President and Chief Financial Officer of Arizona Public Service Company.

Holdings

Track Donald E. Brandt's stock holdings and portfolio value over time.

Total Stock Sold

$26.24M

PNW

$26.24M

313,079 PNW shares

What if they kept their stock?

If Donald E. Brandt didn't sell their stock, today they would have:
Extra PNW313,079 shares worth $27.60M.
This is 5.19% and $1.36M more than what they got when they sold the stock.

Insider Trading

Donald E. Brandt's recent stock transactions, purchases, and sales filed with the SEC.

PNW

27,256 shares

PNW

Oct 22, 2019

Received

PNW

$2.79M

PNW at $92.85/share

Feb 27, 2019

Sale

PNW

798 shares

PNW

Feb 20, 2019

Received

PNW

27,834 shares

PNW

Feb 19, 2019

Received

PNW

$1.41M

PNW at $88.88/share

Nov 14, 2018

Sale

PNW

28,581 shares

PNW

Oct 17, 2018

Received

PNW

$3.02M

PNW at $77.35/share

Mar 1, 2018

Sale

PNW

27,265 shares

PNW

Feb 20, 2018

Received

PNW

$1.92M

PNW at $79.21/share

Jan 19, 2018

Sale

PNW

$1.63M

PNW at $89.54/share

Nov 9, 2017

Sale

Rivals

Compare Donald E. Brandt with competitor CEOs and industry peers.