Alexander KarpAlexander Karp earned $1B in 2024

In 2023, John W. Somerhalder II earned $9.58M in total compensation at CenterPoint Energy, including $1.50M salary and $7.34M in stock. Most recently acquired 1,625 shares in Jan 2025. Currently holds stock worth $46.41M.

Compensation History

Annual executive compensation data for John W. Somerhalder II, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$9.58M

Salary

$1.50M

Bonus

$0.00

Other

$742.42K

Salary

$1.50M

Board Justification

The compensation philosophy focuses on aligning executive compensation with performance, ensuring market competitiveness, and retaining key talent.

Bonus

$0.00

Board Justification

The short-term incentive plan for 2023 was based on achieving a non-GAAP Adjusted EPS goal, with a maximum payout of 200% of target, but was reduced to 175% due to negative discretion exercised by the Compensation Committee.

Other Compensation

$742.42K

Board Justification

Other compensation includes various benefits such as security-related services and financial planning services.

Restricted Stock

$7.34M256.93K RSU

Board Justification

The stock awards that vested in 2023 include 256,934 shares that were granted in previous years and vested on December 31, 2023.

Performance Metrics

The performance metrics for 2023 included non-GAAP Adjusted EPS and diversity, equity, and inclusion goals.

C

John W. Somerhalder II

Ex-CEO of CenterPoint Energy

Field of Expertise

Energy & Utilities - Energy

Sector of Economy

Utilities

CEO of CenterPoint Energy for

0 years 4 months (Feb 2020 - Jul 2020)

Previous Experience

Interim President and CEO of Colonial Pipeline Company, President and CEO of AGL Resources Inc.

Holdings

Track John W. Somerhalder II's stock holdings and portfolio value over time.

Insider Trading

John W. Somerhalder II's recent stock transactions, purchases, and sales filed with the SEC.

FE

$64.98K

FE at $39.99/share

Jan 2, 2025

Received

FE

$64.93K

FE at $44.41/share

Oct 1, 2024

Received

FE

$64.95K

FE at $38.48/share

Jul 1, 2024

Received

FE

$64.97K

FE at $38.33/share

Apr 1, 2024

Received

FE

74,220 shares

FE

Mar 1, 2024

Received

FE

$64.98K

FE at $36.92/share

Jan 2, 2024

Received

FE

$64.96K

FE at $33.21/share

Oct 2, 2023

Received

FE

$21.42K

FE at $38.87/share

Jul 3, 2023

Received

FE

85,285 shares

FE

Jan 4, 2023

Received

FE

53,260 shares

FE

Oct 28, 2022

Received

Rivals

Compare John W. Somerhalder II with competitor CEOs and industry peers.