Sundar PichaiSundar Pichai earned $164M in 2023

Christopher H. Franklin is the CEO and Chairman of Essential Utilities, Inc., a company he has been with for over 29 years. He became CEO in July 2015 and has led the company through significant growth and change. Under his...

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Christopher H. Franklin

CEO of Essential Utilities

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Utilities

Born

January 1, 1965 - 60 years ago

CEO of Essential Utilities for

9 years 9 months (Jul 2015 - Present)

Previous Experience

Executive Vice President and President and Chief Operating Officer, Regulated Operations at Aqua America, Inc.

Holdings

See how much did Christopher H. Franklin make over time.

Christopher H. Franklin has actively engaged in insider trading, reflecting his significant stake in Essential Utilities, Inc. His holdings peaked in early 2020, valued over $9 million monthly, showcasing strong market confidence. As recent as 2024, his monthly trading values...

Mar 11, 2025

Total Stock Sold

$7.08M

WTRG

$7.08M

144,236.326 WTRG shares

What if they kept their stock?

If Christopher H. Franklin didn't sell their stock, today they would have:
Extra WTRG144,236.326 shares worth $6.15M.
This is -13.09% and $926.78K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Christopher H. Franklin.

WTRG

29,539 shares

WTRG

Feb 18, 2025

Received

WTRG

39,855 shares

WTRG

Feb 5, 2025

Received

WTRG

39,855 shares

WTRG

Feb 5, 2025

Received

CNP

5,798 shares

CNP

May 1, 2024

Received

WTRG

24,428 shares

WTRG

Feb 26, 2024

Received

WTRG

23,058 shares

WTRG

Jan 24, 2024

Received

CNP

5,541 shares

CNP

May 1, 2023

Received

WTRG

$1.52M

WTRG at $40.70/share

Mar 8, 2023

Purchase

WTRG

41,553 shares

WTRG

Feb 26, 2023

Received

WTRG

15,973 shares

WTRG

Feb 22, 2023

Received

Compensation History

See how much did Christopher H. Franklin make over time.

In 2023, Christopher H. Franklin earned a total compensation of $7.7 million at Essential Utilities, including a base salary of $985,584. His package consisted of $2.47 million from vested stocks and options, reflecting a performance-based pay structure aimed at aligning executive interests with shareholder goals. The company has no bonuses listed for the last couple of years, focusing instead on long-term performance metrics such as return on equity and shareholder return. Franklin's compensation strategy promotes accountability and aims to retain top talent in a competitive industry, with a notable absence of excessive perks—a deliberate choice tied to the company's core values.

Year

2023

Total Compensation

$3.47M

Salary

$985.58K

Board Justification

The compensation philosophy is designed to attract and retain top talent while aligning executive compensation with the company's performance and shareholder interests.

Bonus

$0.00

Board Justification

No bonus was awarded for the year 2023.

Other

$20.56K

Board Justification

Includes group life insurance, 401(k) company match, and car allowance.

Restricted Stock

$2.47M(55.52K RSUs)

Board Justification

The number of shares acquired upon vesting of restricted stock units (RSUs) in 2023.

Performance Metrics

The performance metrics for determining compensation include adjusted EPS, return on equity, relative total shareholder return (TSR), operations & maintenance measures, and rate base growth.

Other Essential Utilities CEOs

Here are other CEOs of Essential Utilities