In 2013, Kevin Burke earned $6.75M in total compensation at Consolidated Edison, including $1.24M salary and $5.31M in stock. Most recently sold 160,000 shares in Nov 2014. Currently holds stock worth $7.74M. Led Consolidated Edison as CEO for 8 years.
Compensation History
Annual executive compensation data for Kevin Burke, including salary, bonuses, and stock awards.
Year
2013
Total Compensation
$6.75M
Salary
$1.24M
Bonus
$0.00
Other
$199.50K
Salary
$1.24MBoard Justification
The compensation philosophy aims to attract and retain key executives critical to the Company’s long-term success, aligning pay to performance and being competitive with median compensation levels in the industry.
Bonus
$0.00Board Justification
No bonus was awarded for 2013 as Mr. Burke retired on December 25, 2013.
Other Compensation
$199.50KBoard Justification
Includes personal use of company vehicle, driver costs, financial planning, supplemental health insurance, company matching contributions to the savings plan, and accrued vacation pay.
Restricted Stock
Board Justification
Represents the number of shares acquired upon vesting of performance restricted stock units for the 2011-2013 performance period.
Performance Metrics
The performance metrics included adjusted net income and other financial performance objectives, which were critical to the Company's business performance.
Kevin Burke
Ex-CEO of Consolidated Edison
Education
Not specified
Sector of Economy
Utilities
Born
January 1, 1960 - 65 years ago
CEO of Consolidated Edison for
8 years 3 months (Sep 2005 - Dec 2013)
Previous Experience
President and Chief Operating Officer of Con Edison of New York
Other Consolidated Edison CEOs
Holdings
Track Kevin Burke's stock holdings and portfolio value over time.
Total Stock Sold
$32.33M
$32.33M
539,000 ED shares
What if they kept their stock?
If Kevin Burke didn't sell their stock, today they would have:
Extra ED539,000 shares worth $52.07M.
This is 61.06% and $19.74M more than what they got when they sold the stock.
Insider Trading
Kevin Burke's recent stock transactions, purchases, and sales filed with the SEC.
$9.94M
ED at $62.10/share
Nov 13, 2014
Sale
$2.49M
ED at $62.25/share
Nov 12, 2014
Sale
$120.00K
ED at $54.30/share
May 20, 2014
Received
796 shares
ED
Dec 26, 2013
Received
$109.20K
HON at $54.60/share
Nov 15, 2011
Purchase
$19.96M
ED at $58.86/share
Nov 8, 2011
Sale
Rivals
Compare Kevin Burke with competitor CEOs and industry peers.
Warner L. Baxter
CEO of Ameren
2021 Compensation
Stock
$0.00
Salary
$1.30M
Bonus
$0.00
Other
$158.48K
Total Holdings
$2.00M
David A. Campbell
CEO of Evergy
2023 Compensation
Stock
$940.54K
Salary
$1.06M
Bonus
$0.00
Other
$60.80K
Total Holdings
$17.47M
Christopher C. Womack
CEO of Southern Company
2023 Compensation
Stock
$0.00
Salary
$1.45M
Bonus
$2.80M
Other
$110.06K
Total Holdings
$2.28M
Scott J. Lauber
CEO of WEC Energy Group
2023 Compensation
Stock
$0.00
Salary
$1.09M
Bonus
$0.00
Other
$504.54K
Total Holdings
$196.23K