Donald E. Brandt has been at the helm of Pinnacle West Capital Corporation since March 2008, serving as both President and CEO of the company and its subsidiary, Arizona Public Service Company. Under his leadership, Brandt has overseen significant developments,...

Current Market Cap

$10.28B

Number of Employees

6.13K

Total Compensation

2015 - 2019

Trending up by 798.15% last year
Showing total compensation for the last 2015 - 2019

Stock

Up by 0.00% last year

Salary

Down by -6.20% last year

Bonus

Up by 0.00% last year

Other

Up by 81.26% last year

Year

2019

Total Compensation

$12.77M

Salary

$1.31M

Board Justification

The compensation philosophy focuses on aligning executive pay with performance, ensuring that a significant portion of compensation is at risk and tied to the achievement of measurable goals that drive shareholder value.

Bonus

$0.00

Board Justification

The CEO did not receive a cash bonus in 2019, but received a portion of the 2017 CEO Performance-Contingent Award as part of the Non-Equity Incentive Plan Compensation.

Other

$49.06K

Board Justification

Other compensation includes contributions to the 401(k) plan, personal security, and perquisites such as a car allowance and executive physical.

Restricted Stock

$11.41M(126.18K RSU)

Board Justification

The stock awards that vested in 2019 include RSUs and performance shares that were granted in previous years and are based on the fair market value of the stock on the vesting date.

Performance Metrics

The performance metrics for the CEO's compensation in 2019 were based on earnings targets and business unit performance metrics.

SEC Filing

From April 6, 2020