Sundar PichaiSundar Pichai earned $164M in 2023

David J. Lesar is the current CEO of CenterPoint Energy, a role he took on after serving many years in leadership positions at Halliburton. He has an extensive background in business, earning a Bachelor’s degree in Business Administration from the...

Quick Links
C

David J. Lesar

Ex-CEO of CenterPoint Energy

Field of Expertise

Business & Management

Sector of Economy

Utilities

CEO of CenterPoint Energy for

3 years 6 months (Jul 2020 - Jan 2024)

Previous Experience

Unknown

Holdings

See how much did David J. Lesar make over time.

David J. Lesar has shown notable activity in his stock trading. In recent months, his trading volume reached impressive levels, peaking at $87.12 million in September 2023. This is a significant increase compared to values from earlier years, showing his...

Jan 24, 2025

Total Stock Sold

$92.75M

HAL

$92.75M

1,738,922 HAL shares

What if they kept their stock?

If David J. Lesar didn't sell their stock, today they would have:
Extra HAL1,738,922 shares worth $15.22M.
This is -83.6% and $77.54M less than what they got when they sold the stock.

Charitable Transactions

HAL

192,717 shares

HAL

Recent Charitable Transactions

HAL

1,089 shares

HAL

Mar 6, 2018

Charity

HAL

9,100 shares

HAL

Dec 27, 2016

Charity

HAL

9,300 shares

HAL

Dec 19, 2016

Charity

HAL

74,364 shares

HAL

Dec 16, 2016

Charity

HAL

7,000 shares

HAL

Apr 1, 2015

Charity

HAL

1,000 shares

HAL

Dec 27, 2013

Charity

Insider Trading

See recent insider trades of David J. Lesar.

HAL

1,089 shares

HAL

Mar 6, 2018

Charity

HAL

$4.04M

HAL at $43.38/share

Dec 6, 2017

Received

HAL

$2.18M

HAL at $43.70/share

Nov 1, 2017

Sale

HAL

9,100 shares

HAL

Dec 27, 2016

Charity

HAL

9,300 shares

HAL

Dec 19, 2016

Charity

HAL

74,364 shares

HAL

Dec 16, 2016

Charity

HAL

$551.60K

HAL at $55.16/share

Dec 12, 2016

Sale

HAL

$3.70M

HAL at $53.54/share

Dec 7, 2016

Received

HAL

$2.11M

HAL at $52.68/share

Nov 30, 2016

Sale

HAL

$499.90K

HAL at $49.99/share

Oct 19, 2016

Sale

Compensation History

See how much did David J. Lesar make over time.

In 2023, David J. Lesar's total compensation at CenterPoint Energy amounted to roughly $16.2 million. His base salary was about $1.5 million, but a significant portion of his earnings came from vested stock awards worth approximately $7.3 million. Notably, he did not receive any cash bonuses that year, as the company evaluated pay based on performance metrics focused on adjusted earnings. This structure is aimed at aligning executive pay with company performance, effectively keeping the executive's financial interests closely tied to the company's success. His compensation aligns with industry standards, reflecting both his leadership role and the competitive nature of the energy sector. Overall, his earnings package is designed to ensure that he works toward enhancing long-term shareholder value.

Year

2023

Total Compensation

$9.58M

Salary

$1.49M

Board Justification

The compensation philosophy is designed to attract and retain top talent while aligning executive compensation with performance metrics and shareholder interests.

Bonus

$0.00

Board Justification

No bonus was awarded for 2023 as the short-term incentive payout was determined at the approved achievement level for other executive officers, reflecting performance metrics.

Other

$742.42K

Board Justification

Other compensation includes financial planning services, security-related services, and other personal benefits.

Restricted Stock

$7.34M(256.93K RSU)

Board Justification

The stock awards that vested in 2023 were based on performance share units and restricted stock units granted in previous years, with the total value realized upon vesting calculated based on the closing price of the stock at the time of vesting.

Performance Metrics

The performance metrics for 2023 included achieving a non-GAAP Adjusted EPS target, with a negative modifier for diversity, equity, and inclusion metrics.