Theodore F. Craver, Jr. has been a key player in the energy sector for several years and took the helm at Edison International in 2008. Before becoming CEO, he held various important positions, including Chairman and CEO of Edison Mission Group. Interestingly, he has a deep background in finance, having served as Executive Vice President and CFO earlier in his career. Craver made a notable impact on the company during his tenure, evidenced by a peak compensation package reaching about $14.2 million in 2014, which included substantial stock options and performance-based incentives. On the insider trading front, his trading activity showed some significant fluctuations, with transactions valuing around $8.7 million in May 2024 alone. He has been active in aligning his financial interests with the company’s success; his plays in the stock market often reflect his confidence in Edison International's growth. Craver's journey reflects a commitment to driving performance while navigating the challenges of the energy industry, demonstrating a blend of strategic insight and operational leadership.

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Theodore F. Craver, Jr.

Ex-CEO of Edison International

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Utilities

Born

June 23, 1951 - 73 years ago

CEO of Edison International for

8 years 2 months (Jul 2008 - Sep 2016)

Previous Experience

Chairman of the Board and Chief Executive Officer of Edison Mission Group since November 2005; Chairman of the Board and Chief Executive Officer of Edison Mission Energy since January 2005; Chief Executive Officer and a Director of Edison Capital since January 2005; Executive Vice President, Chief Financial Officer and Treasurer of Edison International from 2002 to 2004; Senior Vice President, Chief Financial Officer and Treasurer of Edison International from 2000 to 2002.

Rivals

Competitors/colleagues of Theodore F. Craver, Jr.

Ralph Izzo

CEO of Public Service Enterprise Group

2023 Compensation

Stock

$882.65K

Salary

$1.29M

Bonus

$1.83M

Other

$40.67K

Total Holdings

$35.63M

Jeffrey W. Martin

CEO of Sempra Energy

2023 Compensation

Stock

$0.00

Salary

$1.50M

Bonus

$4.63M

Other

$834.82K

Total Holdings

$5.13M

Patricia Kessler Poppe

CEO of CMS Energy

2023 Compensation

Stock

$0.00

Salary

$1.24M

Bonus

$1.95M

Other

$23.85K

Total Holdings

$26.21M

William L. Smith

CEO of PG&E

2023 Compensation

Stock

$0.00

Salary

$211.22K

Bonus

$0.00

Other

$0.00

Total Holdings

$3.99M

Lloyd Yates

CEO of NiSource

2023 Compensation

Stock

$0.00

Salary

$1.04M

Bonus

$2.50M

Other

$466.59K

Total Holdings

$10.10M

Scott J. Lauber

CEO of WEC Energy Group

2023 Compensation

Stock

$0.00

Salary

$1.09M

Bonus

$0.00

Other

$504.54K

Total Holdings

$5.61M

Holdings

See how much did Theodore F. Craver, Jr. make over time.

Theodore F. Craver, Jr.'s financial stakes in Edison International have seen significant ups and downs. His holdings spiked dramatically around early 2021, where he was cashing in on values ranging from $5 million to over $7 million monthly for several months, suggesting he had confidence in the stock's trajectory. Notably, in 2019 alone, Craver reported insatiable trading activity that consistently netted millions, with transactions peaking at $5.87 million by the end of that year. His transactions often indicate strategic positioning, implying an adherence to proactive risk management in a fluctuating market. Craver’s investments and timely trades reflect his strong belief in the company’s vision, underscored further by a strategic focus on maintaining substantial equity in Edison International.

Mar 18, 2025

EIX @ $58.70

WFC @ $71.11

Total Stock Sold

$13.10M

EIX

$13.09M

239,309 EIX shares

DUK

$3.75K

33 DUK shares

What if they kept their stock?

If Theodore F. Craver, Jr. didn't sell their stock, today they would have:
Extra EIX239,309 shares worth $14.08M and DUK33 shares worth $2.83K.
This is 7.54% and $987.27K more than what they got when they sold the stock.

Charitable Transactions

DUK

10,861.28 shares

DUK

EIX

155,879 shares

EIX

WFC

15,612 shares

WFC

Recent Charitable Transactions

DUK

1,699 shares

DUK

May 17, 2024

Charity

DUK

1,784 shares

DUK

Aug 18, 2023

Charity

DUK

1,590 shares

DUK

Dec 31, 2022

Charity

WFC

5,384 shares

WFC

Dec 31, 2022

Charity

WFC

3,993 shares

WFC

Jun 23, 2021

Charity

DUK

1,591 shares

DUK

May 19, 2021

Charity

Insider Trading

See recent insider trades of Theodore F. Craver, Jr..

DUK

1,699 shares

DUK

May 17, 2024

Charity

DUK

$175.00K

DUK at $103.02/share

May 9, 2024

Received

DUK

1,784 shares

DUK

Aug 18, 2023

Charity

DUK

1,784 shares

DUK

Aug 18, 2023

Charity

DUK

$175.00K

DUK at $98.11/share

May 4, 2023

Received

DUK

1,590 shares

DUK

Dec 31, 2022

Charity

DUK

1,590 shares

DUK

Dec 31, 2022

Charity

WFC

5,384 shares

WFC

Dec 31, 2022

Charity

WFC

5,384 shares

WFC

Dec 31, 2022

Charity

DUK

$174.98K

DUK at $110.05/share

May 5, 2022

Received

Compensation History

See how much did Theodore F. Craver, Jr. make over time.

Craver's compensation story reflects his strategic importance to Edison International. His pay peaked in 2014 at around $14.2 million, revealing how management's focus on performance metrics tied his earnings to the company's success. This included a hefty salary component combined with substantial stock options that vested over time, indicating a long-term view on his part of the company’s growth. For instance, despite hitting a low in bonuses in 2016 due to performance issues, his total compensation still exceeded $8 million, demonstrating the reliance on equity awards. Such arrangements underline their efficacy in aligning executive success with shareholder interests, a philosophy that Craver actively endorses.

Year

2016

Total Compensation

$5.49M

Salary

$938.70K

Board Justification

The compensation philosophy emphasizes aligning executive pay with performance and shareholder interests, with a significant portion of compensation being performance-based.

Bonus

$0.00

Board Justification

No bonus was awarded for 2016 as the corporate performance factor was below target primarily due to below-target performance on safety and operational and service excellence goals.

Other

$415.05K

Board Justification

Includes contributions to the 401(k) Plan, charitable matching gifts, and payments for accrued and unused vacation.

Restricted Stock

$4.13M(57.41K RSU)

Board Justification

57,412 shares of restricted stock units vested in 2016, reflecting the value of the shares at the time of vesting.

Performance Metrics

Performance metrics include core earnings per share and total shareholder return compared to peers.

Other Edison International CEOs

Here are other CEOs of Edison International

Pedro J. Pizarro

CEO of Edison International

September 2016 - Present