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John McAvoy was the CEO of Consolidated Edison from January 1, 2014, until December 31, 2020. He has a long history with the company, starting back in 1980 and climbing the ranks through various leadership roles. Before becoming CEO, he...

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John McAvoy

Ex-CEO of Consolidated Edison

Education

Not specified

Sector of Economy

Utilities

Born

January 1, 1965 - 60 years ago

CEO of Consolidated Edison for

6 years 11 months (Jan 2014 - Dec 2020)

Previous Experience

President and Chief Executive Officer of Orange and Rockland Utilities, Inc.

Holdings

See how much did John McAvoy make over time.

John McAvoy's holdings showed interesting changes during his time as CEO. In 2019, his stock value peaked at around $12.25 million and remained strong through 2020. However, by early 2023, the value of his holdings had dropped significantly to around...

Mar 17, 2025

Total Stock Sold

$6.36M

ED

$6.36M

75,104 ED shares

What if they kept their stock?

If John McAvoy didn't sell their stock, today they would have:
Extra ED75,104 shares worth $5.61M.
This is -11.78% and $748.84K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of John McAvoy.

ED

$160.05K

ED at $95.04/share

May 17, 2022

Received

ED

$6.34M

ED at $84.85/share

Feb 22, 2022

Sale

ED

$4.14K

ED at $71.72/share

Jun 30, 2021

Received

ED

$4.14K

ED at $71.72/share

Jun 30, 2021

Purchase

ED

$149.98K

ED at $78.73/share

May 18, 2021

Received

ED

$3.73K

ED at $74.80/share

Mar 31, 2021

Purchase

ED

$27.78K

ED at $65.65/share

Feb 28, 2021

Purchase

ED

$5.90K

ED at $72.27/share

Dec 31, 2020

Purchase

ED

878 shares

ED

Dec 29, 2020

Received

ED

$2.32K

ED at $76.25/share

Nov 30, 2020

Purchase

Compensation History

See how much did John McAvoy make over time.

Throughout his career at Consolidated Edison, John McAvoy saw his compensation climb notably. In 2020, he received his highest total compensation of $15.65 million, which included a base salary of about $1.36 million and significant stock awards that highlighted the company’s performance over multiple years. It's important to note that there were no bonuses awarded in any of those years, showing a focus on stock performance for incentive. Compensation primarily based on performance aligns with a broader trend in the corporate world today, where companies aim to ensure their leaders are rewarded for real results. McAvoy's pay clearly shows an emphasis on long-term goals rather than immediate financial rewards, which can often create better outcomes for shareholders and the company in the long run.

Year

2020

Total Compensation

$4.04M

Salary

$1.36M

Board Justification

The compensation program is primarily performance-based, aligning executive pay with the company's performance and shareholder interests.

Bonus

$0.00

Board Justification

No bonus was awarded for 2020 as per the annual incentive plan.

Other

$71.95K

Board Justification

This includes personal use of a company vehicle, financial planning, supplemental health insurance, and company matching contributions.

Restricted Stock

$2.61M(37.21K performance units)

Board Justification

The stock awards that vested in 2020 were performance units for the 2018-2020 performance period, valued at $70.05 per share.

Performance Metrics

The performance metrics include adjusted net income, operating objectives, and shareholder return.