Sundar PichaiSundar Pichai earned $164M in 2023

David H. Anderson has been at the helm of Northwest Natural Holding Company since 2016, bringing over 20 years of experience in the energy sector to the table. He climbed through the ranks, previously serving as Chief Financial Officer at...

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David H. Anderson

CEO of Northwest Natural

Education

Bachelor of Business Administration in Accounting from Texas Tech University

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Utilities

CEO of Northwest Natural for

8 years 8 months (Aug 2016 - Present)

Previous Experience

Senior Vice President and Chief Financial Officer at TXU Gas

Holdings

See how much did David H. Anderson make over time.

As of 2023, David H. Anderson had a vested stock value of $413,000 from his performance-based RSUs and an impressive history of stock awards. He received 10,608 RSUs, which vest over four years if performance metrics are met. In 2022,...

Total Stock Sold

$5.59M

NWN

$5.59M

113,092.324 NWN shares

What if they kept their stock?

If David H. Anderson didn't sell their stock, today they would have:
Extra NWN113,092.324 shares worth $6.93M.
This is 23.94% and $1.34M more than what they got when they sold the stock.

Charitable Transactions

NWN

27,654.307 shares

NWN

Recent Charitable Transactions

NWN

1,050 shares

NWN

May 3, 2013

Charity

NWN

516 shares

NWN

Aug 6, 2012

Charity

NWN

3,099 shares

NWN

Jan 13, 2012

Charity

NWN

597 shares

NWN

Mar 8, 2011

Charity

NWN

2,530 shares

NWN

Jan 10, 2011

Charity

NWN

19,862.307 shares

NWN

Dec 31, 2009

Charity

Insider Trading

See recent insider trades of David H. Anderson.

NWN

$649.06K

NWN at $42.01/share

Mar 3, 2025

Sale

NWN

$108.70K

NWN at $42.00/share

Feb 26, 2025

Sale

NWN

25,548 shares

NWN

Feb 26, 2025

Received

NWN

$82.32K

NWN at $42.00/share

Feb 24, 2025

Sale

NWN

$307.28K

NWN at $40.97/share

Feb 20, 2025

Sale

NWN

$309.97K

NWN at $41.33/share

Jan 21, 2025

Sale

NWN

$298.38K

NWN at $39.78/share

Dec 20, 2024

Sale

NWN

23,192 shares

NWN

Feb 21, 2024

Received

NWN

17,096 shares

NWN

Feb 22, 2023

Received

NWN

$36.30

NWN at $49.73/share

Sep 14, 2022

Sale

Compensation History

See how much did David H. Anderson make over time.

In 2023, David Anderson’s total compensation reached $1,038,000, including a salary of $497,000 and a bonus of $532,000. This bonus was based on Northwest Natural's Executive Annual Incentive Plan, which rewarded him for exceeding performance goals. He also had 10,608 vested restricted stock units, adding another layer to his pay structure. Anderson’s compensation plan emphasizes pay for performance—an approach designed to ensure that his earnings are closely linked to the company's success. This has been a consistent theme throughout his tenure, with compensation fluctuating in other years based on similar metrics. His compensation packages are structured to promote long-term shareholder value, aligning his interests with the investors he's serving.

Year

2023

Total Compensation

$1.44M

Salary

$497.00K

Board Justification

The compensation philosophy aligns executive pay with company performance, emphasizing long-term shareholder value and retention strategies through performance-based incentives.

Bonus

$532.00K

Board Justification

The bonus is based on the Executive Annual Incentive Plan (EAIP) which considers company performance metrics and individual performance goals, resulting in a payout of 107.60% of target for 2023.

Other

$0.00

Board Justification

No additional compensation was reported outside of salary, bonus, and vested stock for 2023.

Restricted Stock

$413.00K(10.61K RSU)

Board Justification

The RSUs with performance threshold granted in 2023 vest over four years, with 25% vesting each year if performance thresholds are met. The total value of vested stock in 2023 is based on the stock price at the time of vesting.

Performance Metrics

The performance metrics for 2023 included net income, operational performance, and individual strategic goals.

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