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Brian B. Bird is the current CEO of NorthWestern Energy Group, Inc., having taken on the role in January 2023 after serving as President and Chief Operating Officer since 2021. Brian joined NorthWestern in 2003 and has over two decades...

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Brian B. Bird

CEO of NorthWestern Energy Group, Inc.

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Utilities

Born

January 1, 1963 - 62 years ago

CEO of NorthWestern Energy Group, Inc. for

2 years 3 months (Jan 2023 - Present)

Previous Experience

President and Chief Operating Officer since 2021; Chief Financial Officer (2003-2021).

Holdings

See how much did Brian B. Bird make over time.

Brian B. Bird holds a significant stake in NorthWestern Energy Group, Inc. As of recent filings, he owns about 7,885 shares of the company's stock, which reflects his long-term commitment to the firm's growth. His holdings peaked when he served...

Insider Trading

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Compensation History

See how much did Brian B. Bird make over time.

In 2023, Brian B. Bird received an impressive total compensation of $1,461,983. His salary accounted for $794,519, while his bonus was notable at $616,000, reflecting the company's strong focus on performance-based incentives. These bonuses are linked to specific performance metrics tied to net income and customer satisfaction, aligning his pay with company performance. Additionally, Bird saw a vested stock value of $193,869 from long-term incentive plans that encourage sustained growth. This structure aims to motivate executives to meet ambitious corporate goals while ensuring that they share in the company's financial success. His compensation reflects both the responsibilities of being a CEO and the objectives laid out by the company.

Year

2023

Total Compensation

$1.67M

Salary

$794.52K

Board Justification

The compensation philosophy aims to align executive pay with performance metrics, ensuring a significant portion of pay is at risk based on individual and company performance.

Bonus

$616.00K

Board Justification

The annual cash incentive award is based on corporate performance against established metrics and individual performance, with a funding percentage of 77% for 2023.

Other

$65.46K

Board Justification

Includes employer contributions for health benefits, group term life, 401(k) contributions, and imputed income from executive physicals.

Restricted Stock

$193.87K(3.81K LTIP Shares)

Board Justification

The LTIP performance share units granted in 2021 vested on December 31, 2023, at a performance level of 27.5%.

Performance Metrics

Performance metrics include targets for net income, reliability, and two metrics related to employee safety and customer satisfaction.

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