Curtis A. Morgan, the former CEO of Vistra Corp., has a solid background in finance and over 35 years of experience in the energy sector. He holds a Bachelor's degree in Accounting from Western Illinois University and an MBA from...

Number of Employees

4.87K

Year

2022

Total Compensation

$5.13M

Salary

$1.03M

Board Justification

Vistra's compensation philosophy emphasizes pay-for-performance, aligning executive compensation with the company's financial and operational performance, while also considering market competitiveness and internal equity.

Bonus

$0.00

Board Justification

No cash bonus was reported for 2022 as Mr. Morgan transitioned from his role as CEO on August 1, 2022, and his EAIP is subject to the Transition and Advisory Agreement.

Other

$25.71K

Board Justification

Other compensation includes financial planning services and matching contributions to the Thrift Plan.

Restricted Stock

$4.07M(175.4K RSU)

Board Justification

The vested stock for Mr. Morgan includes Restricted Stock Units (RSUs) that vested in 2022, reflecting the value of shares that were granted in prior years and vested during the year.

Performance Metrics

The performance metrics for determining Mr. Morgan's compensation included Adjusted EBITDA and other financial performance indicators.

SEC Filing

From April 4, 2023

Curtis A. Morgan

Ex-CEO of Vistra

CA

Education

Bachelor's degree in Finance from the University of Texas at Austin

Field of Expertise

Finance & Banking - Finance

Born

April 21, 1968 - 56 years ago

Is Founder?

No

Tenure

5 years 9 months (Oct 2016 - Aug 2022)

Previous Experience

CEO of Dynegy Inc., various leadership roles at TXU Corp.