In 2020, James P. Torgerson earned $4.99M in total compensation at Avangrid, including $1.20M salary, $280.43K bonus and $3.18M in stock. Most recently acquired 3,128 shares in Jul 2024. Currently holds stock worth $993.06K. Led Avangrid as CEO for 4 years.
Compensation History
Annual executive compensation data for James P. Torgerson, including salary, bonuses, and stock awards.
Year
2020
Total Compensation
$4.99M
Salary
$1.20M
Bonus
$280.43K
Other
$335.63K
Salary
$1.20MBoard 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
$280.43KBoard Justification
Annual cash incentive based on performance metrics under the Executive Variable Pay Plan (EVP Plan) for the period prior to retirement.
Other Compensation
$335.63KBoard Justification
Includes contributions to the 401(k) plan, deferred compensation contributions, and other benefits.
Restricted Stock
Board Justification
Represents the stock awards that vested during 2020, including performance stock units and phantom units.
Performance Metrics
Performance metrics for the EVP Plan included adjusted earnings per share, operational efficiency, and other financial and operational goals.
James P. Torgerson
Ex-CEO of Avangrid
Sector of Economy
Utilities
CEO of Avangrid for
4 years 5 months (Jan 2016 - Jun 2020)
Previous Experience
Unknown
Other Avangrid CEOs
Holdings
Track James P. Torgerson's stock holdings and portfolio value over time.
Insider Trading
James P. Torgerson's recent stock transactions, purchases, and sales filed with the SEC.
$144.98K
POR at $46.35/share
Jul 19, 2024
Received
2,949 shares
POR
Jul 21, 2023
Received
2,596 shares
POR
Jul 21, 2022
Received
$248.95K
POR at $49.79/share
Aug 5, 2021
Purchase
2,229 shares
POR
Apr 27, 2021
Received
666 shares
POR
Jan 4, 2021
Received
$1.26M
AGR at $49.09/share
Mar 8, 2018
Received
$1.20M
AGR at $41.03/share
Feb 17, 2016
Received
Rivals
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