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...

Current Market Cap

$23.86B

Number of Employees

10.17K

Total Compensation

2019 - 2023

Trending down by -84.93% last year
Showing total compensation for the last 2019 - 2023

Stock

Down by -100.00% last year

Salary

Up by 28.04% last year

Bonus

Down by -100.00% last year

Other

Down by -100.00% last year

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.

SEC Filing

From March 22, 2024

David J. Lockwood

CEO of Eversource Energy

E

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

Born

January 1, 1970 - 54 years ago

Is Founder?

No

Current Tenure

12 years 3 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

View Holdings

Insider Holdings of David J. Lockwood

ES

$6.85M

$461.27K (7.23%)

Last Insider Trade

ES

19,486 shares

ES

May 23, 2012

Received