David J. Lockwood is the CEO of Eversource Energy, where he has been leading the company since 2012. He has a strong background in finance, having worked as a partner at ValueAct Capital and held leadership roles in technology companies...

David J. Lockwood is the CEO of Eversource Energy, where he has been leading the company since 2012. He has a strong background in finance, having worked as a partner at ValueAct Capital and held leadership roles in technology companies like Liberate Technologies and Intertrust. His academic roots include a Bachelor's degree from Miami University in Ohio and an MBA from the University of Chicago. Lockwood has a history of making smart investments, demonstrated by his significant holdings in Eversource, which showed a peak value of $9.32 million in early 2020. However, this has fluctuated, showing the volatility of the market with current holdings around $6.85 million. In terms of compensation, Lockwood's focus is on performance-based pay, aligning his interests with the company’s success. He has received varying levels of pay over the years, with a total compensation of about $1.63 million in 2023, mostly from his salary. As a leader, he emphasizes linkages between executive rewards and the achievement of company goals, making him a key figure in Eversource's growth and strategy,

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Eversource Energy CEOs

E

David J. Lockwood

CEO of Eversource Energy

Education

Bachelor of Arts degree from Miami University (Ohio) and a Masters of Business Administration degree from the Graduate School of Business of the University of Chicago

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Utilities

Born

January 1, 1970 - 55 years ago

CEO of Eversource Energy for

12 years 9 months (Jun 2012 - Present)

Previous Experience

Partner of ValueAct Capital, Chairman and CEO of Liberate Technologies, CEO and President of Intertrust, Managing Director at Goldman Sachs

Rivals

Competitors/colleagues of David J. Lockwood

A

Warner L. Baxter

CEO of Ameren

2021 Compensation

Stock

$0.00

Salary

$1.30M

Bonus

$0.00

Other

$158.48K

Total Holdings

$23.31M

D

Robert M. Blue

CEO of Dominion Energy

2023 Compensation

Stock

$0.00

Salary

$1.23M

Bonus

$2.08M

Other

$189.91K

Total Holdings

$8.83M

C

Patricia Kessler Poppe

CEO of CMS Energy

2023 Compensation

Stock

$0.00

Salary

$1.24M

Bonus

$1.95M

Other

$23.85K

Total Holdings

$26.21M

C

Timothy Cawley

CEO of Consolidated Edison

2023 Compensation

Stock

$11.43M

Salary

$1.35M

Bonus

$2.26M

Other

$79.60K

Total Holdings

$23.63M

E

David A. Campbell

CEO of Evergy

2023 Compensation

Stock

$940.54K

Salary

$1.06M

Bonus

$0.00

Other

$60.80K

Total Holdings

$26.23M

S

Christopher C. Womack

CEO of Southern Company

2023 Compensation

Stock

$0.00

Salary

$1.45M

Bonus

$2.80M

Other

$110.06K

Total Holdings

$13.62M

Holdings

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

David Lockwood's holdings in Eversource Energy peaked at $9.32 million in February 2020, reflecting a time of strong market performance. These holdings have since seen fluctuations, currently nearing $6.85 million. Lockwood's financial journey within the company demonstrates both market volatility...

David Lockwood's holdings in Eversource Energy peaked at $9.32 million in February 2020, reflecting a time of strong market performance. These holdings have since seen fluctuations, currently nearing $6.85 million. Lockwood's financial journey within the company demonstrates both market volatility and his commitment to the business's future. His investments have been significant, indicating his belief in Eversource's direction and potential. Lockwood's holdings show a trend of careful management during uncertain times, with his wealth in the company being a focal point of his financial strategy.

Mar 17, 2025

E

shares

ES @ $NaN

Insider Trading

See recent insider trades of David J. Lockwood.

ES

19,486 shares

ES

May 23, 2012

Received

ES

21,097 shares

ES

Dec 1, 2011

Received

Compensation History

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

David Lockwood's compensation structure emphasizes performance, aligning his pay with the growth and success of Eversource Energy. In 2023, his reported total compensation was about $1.63 million, primarily coming from his salary with no bonuses or stock options reflecting that year's performance metrics. Unlike some previous years, he has not received any stock grants or vested shares in 2023, focusing solely on immediate performance incentives instead. His past compensation varied significantly, with bonuses reaching as high as $2.43 million in 2018 based on achieving company targets. This performance-based approach ensures that Lockwood’s financial success is tied directly to the company’s achievements, fostering a strong incentive to lead Eversource effectively.

Year

2023

Total Compensation

$1.63M

Salary

$1.63M

Board Justification

The compensation philosophy emphasizes pay for performance, linking executive compensation to the achievement of financial and operational goals, while ensuring alignment with shareholder interests.

Bonus

$0.00

Board Justification

The annual incentive payment was determined to be 94% of target due to overall company performance and specific challenges faced during the year.

Other

$0.00

Board Justification

No additional compensation details were provided in the section.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2023 as the focus was on performance-based incentives and no stock grants were mentioned as vested in the provided section.

Performance Metrics

The performance metrics included earnings per share growth and total shareholder return relative to peers.

Other Eversource Energy CEOs

Here are other CEOs of Eversource Energy

Val J. Christensen

Ex-CEO of Eversource Energy

February 2010 - June 2012

Joseph R. Nolan, Jr.

CEO of Eversource Energy

May 2021 - Present