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...

Current Market Cap

$20.09B

Number of Employees

8.83K

Total Compensation

2017 - 2023

Trending down by -31.73% last year
Showing total compensation for the last 2017 - 2023

Stock

Down by -39.07% last year

Salary

Up by 4.92% last year

Bonus

Up by 0.00% last year

Other

Up by 33.49% last year

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.

SEC Filing

From March 15, 2024

David J. Lesar

Ex-CEO of CenterPoint Energy

DJ

Education

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

Field of Expertise

Business & Management

Born

April 12, 1959 - 65 years ago

Is Founder?

No

Tenure

3 years 6 months (Jul 2020 - Jan 2024)

Previous Experience

Chairman of the Board and CEO of Halliburton Company from 2000 to 2017; Executive Chairman of the Board from June 2017 until December 2018; interim CEO of Health Care Service Corporation from July 2019 to June 2020.

View Holdings

Insider Holdings of David J. Lesar

HAL

$30.05M

-$47.68M (-61.34%)

Last Insider Trade

CNP

$1.00M

CNP at $27.12/share

Nov 13, 2023

Purchase