In 2022, Pedro Azagra Blázquez earned $1.47M in total compensation at Avangrid, including $641.35K salary and $639.40K bonus. Most recently acquired 13,430 shares in Jan 2024. 3+ years at the helm of Avangrid.
Compensation History
Annual executive compensation data for Pedro Azagra Blázquez, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$1.47M
Salary
$641.35K
Bonus
$639.40K
Other
$189.54K
Salary
$641.35KBoard Justification
The compensation philosophy is designed to attract, retain, and motivate highly talented professionals while aligning with long-term business goals and values, without encouraging excessive risk-taking.
Bonus
$639.40KBoard Justification
Includes a one-time sign-on bonus and the portion of EVP plan payout with respect to performance assessment conducted by the board.
Other Compensation
$189.54KBoard Justification
Includes relocation expenses, tax gross-up on sign-on bonus, and contributions to the 401(k) plan.
Restricted Stock
Board Justification
No stock awards vested in 2022 as he was granted RSUs that vest in 2023 and 2024.
Performance Metrics
Adjusted net income, customer reliability, health and safety, renewables growth, and increased sustainable supplier base.
Pedro Azagra Blázquez
CEO of Avangrid
Education
Business degree and a law degree from Universidad Pontificia de Comillas and an MBA from the University of Chicago
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Utilities
CEO of Avangrid for
3 years 6 months (May 2022 - Present)
Previous Experience
Chief Development Officer of Iberdrola, S.A.
Other Avangrid CEOs
Holdings
Track Pedro Azagra Blázquez's stock holdings and portfolio value over time.
Insider Trading
Pedro Azagra Blázquez's recent stock transactions, purchases, and sales filed with the SEC.
13,430 shares
AGR
Jan 9, 2024
Received
Rivals
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