Dennis V. Arriola was the CEO of Avangrid, Inc., starting his journey on July 20, 2020, after a solid career in the energy sector. Before Avangrid, he held significant roles at Sempra Energy, where he was the executive vice president...
Dennis V. Arriola was the CEO of Avangrid, Inc., starting his journey on July 20, 2020, after a solid career in the energy sector. Before Avangrid, he held significant roles at Sempra Energy, where he was the executive vice president and group president, and even led Southern California Gas Co. as CEO. He has around 25 years of executive experience under his belt, dealing with both regulated utilities and renewable energy, an important combination for today's energy challenges. Arriola has impressive academic credentials too; he earned a Bachelor’s degree in Economics from Stanford University and an MBA from Harvard University. During his time at Avangrid, he focused on sustainability and aligning business practices with the company's long-term goals. His compensation in 2021 showed a steady rise, peaking at nearly $1.4 million, revealing the board's confidence in his leadership. He also received a notable one-time transition award of $3.3 million to entice him to join Avangrid, which indicates the value he brought to the table right from the start. This focus on performance and strategic growth was evident in the ambitious metrics set for his compensation packages, emphasizing adjusted net income and sustainability goals, which are crucial in today's energy landscape. Overall, Dennis Arriola played a key role in steering Avangrid through new challenges and strengthening its commitment to clean energy.