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...

Current Market Cap

$13.82B

Number of Employees

8K

Total Compensation

2020 - 2022

Trending down by -8.04% last year
Showing total compensation for the last 2020 - 2022

Stock

Down by -10.16% last year

Salary

Down by -41.70% last year

Bonus

Up by 0.00% last year

Other

Up by 75.64% last year

Year

2022

Total Compensation

$3.13M

Salary

$641.35K

Board Justification

The compensation philosophy is designed to attract, retain, and motivate highly talented professionals while aligning with long-term business goals and values, without encouraging excessive risk-taking.

Bonus

$1.00M

Board Justification

This includes a portion of the Executive Variable Pay Plan payout with respect to performance assessment conducted by the board, as well as a sign-on bonus.

Other

$650.10K

Board Justification

This includes separation payments and paid time off paid out on separation.

Restricted Stock

$842.50K(17.5K RSU)

Board Justification

This represents the RSUs granted to Mr. Arriola that vested immediately upon grant.

Performance Metrics

The performance metrics include adjusted net income, customer reliability, health and safety, renewables growth, and increased sustainable supplier base.

SEC Filing

From April 28, 2023