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Jeffry E. Sterba has been leading as the CEO of American Water Works Company since 2010 after transitioning from his role at PNM Resources where he spent almost a decade shaping the utility landscape. With an extensive background in utilities,...

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Jeffry E. Sterba

Ex-CEO of American Water Works

Field of Expertise

Energy & Utilities - Utilities

Sector of Economy

Utilities

Born

January 1, 1955 - 70 years ago

CEO of American Water Works for

2 years 7 months (Aug 2010 - Apr 2013)

Previous Experience

Chief Executive Officer of PNM Resources, Inc.

Holdings

See how much did Jeffry E. Sterba make over time.

Jeffry Sterba's CEO tenure at American Water has seen his stock holdings fluctuate significantly, particularly from 2019 through 2024. In September 2019, his holdings were valued around $6.70 million, demonstrating a healthy investment in the company. There were periods of...

Mar 11, 2025

Insider Trading

See recent insider trades of Jeffry E. Sterba.

AWK

8,937 shares

AWK

Jan 1, 2014

Received

AWK

24,152 shares

AWK

Jan 22, 2014

Received

AWK

9,506 shares

AWK

Feb 21, 2013

Received

AWK

$109.32K

AWK at $27.33/share

Feb 17, 2011

Purchase

Compensation History

See how much did Jeffry E. Sterba make over time.

Jeffry E. Sterba's compensation has varied greatly throughout his time at American Water Works. In his peak earning year of 2012, he received almost $3.8 million, comprising a salary, a sizeable performance-based bonus, and contributions to his retirement. However, in 2013, his compensation dropped significantly to just under $1 million, highlighting how executives can have fluctuating pay based on company performance and strategic decisions. This reduction in 2013 also included an intricate compensation plan that ties pay to both short-term and long-term goals. Sterba’s earnings included a detailed breakdown of salary, annual bonuses, stock options, and other benefits, showing an alignment with performance-focused incentives. This highlights the company's strategy of keeping executive pay at levels demonstrating accountability and incentive to improve operational metrics.

Year

2013

Total Compensation

$995.02K

Salary

$778.85K

Board Justification

The compensation philosophy aligns executive pay with performance, focusing on both short-term and long-term goals to create sustainable value for stockholders.

Bonus

$0.00

Board Justification

No bonus was awarded for 2013.

Other

$216.17K

Board Justification

Includes 401(k) match, contributions to deferred compensation plan, and other benefits.

Restricted Stock

$0.00(0 PSUs and RSUs)

Board Justification

No stock grants were vested in 2013.

Performance Metrics

Performance metrics include EPS growth, operational efficiency, environmental compliance, safety performance, service quality, and customer satisfaction.

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