Sundar PichaiSundar Pichai earned $164M in 2023

John P. Hester is the former Chief Executive Officer of Southwest Gas Holdings, Inc. He has a solid educational background with a Bachelor’s degree in Business Administration and over 35 years of experience in the utility industry. Hester began his...

Quick Links
S

John P. Hester

CEO of Southwest Gas Holdings

Education

Bachelor's degree in Business Administration

Field of Expertise

Business & Management

Sector of Economy

Utilities

Born

January 1, 1955 - 70 years ago

CEO of Southwest Gas Holdings for

10 years 3 months (Mar 2015 - Present)

Previous Experience

25 years with Southwest Gas Corporation, including various executive roles.

Rivals

Competitors/colleagues of John P. Hester

Holdings

See how much did John P. Hester make over time.

During his tenure, John P. Hester built a notable portfolio of stock in Southwest Gas Holdings, highlighted by a spike in vested stock. In 2020, he saw 28,743 shares of Common Stock vest, valued at approximately $1.96 million at that...

Mar 18, 2025

Total Stock Sold

$3.23M

SWX

$3.23M

57,907 SWX shares

What if they kept their stock?

If John P. Hester didn't sell their stock, today they would have:
Extra SWX57,907 shares worth $4.27M.
This is 32.21% and $1.04M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of John P. Hester.

SWX

$15.39K

SWX at $69.59/share

Mar 4, 2022

Received

SWX

$2.00M

SWX at $70.05/share

Feb 23, 2022

Received

SWX

$43.71K

SWX at $67.96/share

Jun 1, 2021

Received

SWX

$13.72K

SWX at $63.64/share

Mar 4, 2021

Received

SWX

$1.66M

SWX at $60.75/share

Feb 23, 2021

Received

SWX

$37.21K

SWX at $67.37/share

Jun 1, 2020

Received

SWX

$105.00K

SWX at $52.50/share

Mar 13, 2020

Purchase

SWX

$10.55K

SWX at $68.47/share

Mar 13, 2020

Received

SWX

25,698.558 shares

SWX

Feb 24, 2020

Received

SWX

$40.76K

SWX at $84.27/share

Mar 1, 2019

Received

Compensation History

See how much did John P. Hester make over time.

John P. Hester's compensation package was designed to attract talent and tie executive pay to performance. In 2023, he earned a total of $2.17 million, which included a base salary of $875K and a special bonus reflecting his effective leadership. Despite not receiving any bonuses in 2022 due to performance metrics, Hester’s base salary rose significantly during his tenure. Over the years, his compensation varied with performance, including stock grants and cash bonuses that aligned with the company's achievements. In particular, his compensation philosophy emphasized performance metrics that directly impacted shareholder value, helping him earn a reputation as a leader focused on driving success at Southwest Gas. His total compensation reflected his significant role, especially with the impressive bonus's impact during high performance years. Overall, the structure of Hester's pay highlighted a clear link between his leadership and the company's performance path.

Year

2023

Total Compensation

$2.11M

Salary

$874.80K

Board Justification

The compensation program is designed to attract, retain, and motivate high-performing leaders, aligning executive compensation with company performance and stockholder returns.

Bonus

$500.00K

Board Justification

Special cash bonus earned for fiscal year 2022, paid in the first quarter of 2023 to recognize effective leadership during a year of unprecedented change.

Other

$30.16K

Board Justification

Includes employer contributions to retirement plans and other benefits.

Restricted Stock

$708.71K(11.07K Common Stock)

Board Justification

Shares of Common Stock issued in the first quarter of 2023 under time-lapse RSUs and Performance Share Units that vested in 2023.

Performance Metrics

Utility adjusted net income and free cash flow are key performance metrics determining the annual incentive compensation.

Other Southwest Gas Holdings CEOs

Here are other CEOs of Southwest Gas Holdings