Sundar PichaiSundar Pichai earned $164M in 2023

Jeffry M. Householder has been the CEO of Chesapeake Utilities Corporation since January 1, 2019, bringing over 30 years of experience in the energy sector. He began his journey with the company as President of Florida Public Utilities Company in...

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Jeffry M. Householder

CEO of Chesapeake Utilities Corporation

Education

Bachelor's degree in Business Administration from Florida State University

Field of Expertise

Energy & Utilities - Energy

Sector of Economy

Utilities

Born

September 15, 1957 - 67 years ago

CEO of Chesapeake Utilities Corporation for

6 years 5 months (Jan 2019 - Present)

Previous Experience

Leadership positions at TECO Energy Peoples Gas, West Florida Gas Company, Florida City Gas, Tallahassee Utilities

Holdings

See how much did Jeffry M. Householder make over time.

Jeffry M. Householder has significant holdings in Chesapeake Utilities, which reflect his long-term commitment to the company's growth. These holdings peaked during his tenure with shares vesting at high values, driven by strong company performance. In 2021, he realized a...

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Insider Trading

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No insider trades found for this CEO.

Compensation History

See how much did Jeffry M. Householder make over time.

In 2022, Jeffry M. Householder's total compensation was over $3.2 million, which shows how his pay is tied to performance. His salary was about $778,680, and he received a cash bonus based on the successful acquisition of Florida City Gas. A remarkable part of his pay came from vested stock awards valued at over $1.3 million, which depend on the company hitting certain performance targets like earnings per share. Householder's compensation package has evolved since his appointment, reflecting an increase as he helped the company grow. The boosts in his bonus and stock grants reveal how Chesapeake Utilities aims to drive performance through competitive pay for its executives. His compensation philosophy aligns with attracting talent and rewarding success, which plays a significant role in the energy industry’s intricate workings.

Year

2022

Total Compensation

$2.34M

Salary

$778.68K

Board Justification

The compensation program is designed to attract and retain talented executive officers and to incentivize both short-term and long-term financial and operational performance, without encouraging unnecessary risk.

Bonus

$150.00K

Board Justification

Discretionary cash bonuses for efforts related to the Company's acquisition of Florida City Gas in 2023, paid under the Company's 2015 Cash Plan.

Other

$36.12K

Board Justification

Includes contributions to retirement plans, term life insurance premiums, and vehicle allowance.

Restricted Stock

$1.37M(13.4K common stock)

Board Justification

Performance-based equity incentive awards for the 2021-2023 performance period that vested in 2023, based on achievement of performance targets.

Performance Metrics

Performance metrics include EPS growth, ROE, and total shareholder return compared to peer companies.

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