Sundar PichaiSundar Pichai earned $164M in 2023
V

James A. Burke

CEO of Vistra

Education

Bachelor's degree in Business Administration from Texas A&M University

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1972 - 53 years ago

Economy Sector

Utilities

Current Tenure

2 years 7 months (Aug 2022 - Present)

Previous Experience

President and Chief Financial Officer of Vistra Corp., Executive Vice President and Chief Operating Officer of Vistra Corp.

James A. Burke is the CEO of Vistra Corp., having transitioned into his role in August 2022 after serving as the President and Chief Financial Officer. He holds a bachelor's degree in Business Administration from Texas A&M University and has...

Year

2023

Total Compensation

$4.47M

Salary

$1.28M

Board Justification

Vistra's compensation philosophy emphasizes pay-for-performance, aligning executive compensation with company performance and stockholder interests, while ensuring competitiveness within the industry.

Bonus

$3.16M

Board Justification

The bonus is based on the Executive Annual Incentive Plan (EAIP) for 2023, which is determined by achieving specific financial and operational performance targets set by the Social Responsibility & Compensation Committee.

Other

$32.69K

Board Justification

Other compensation includes matching contributions to the Thrift Plan, financial planning services, and executive physicals.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2023 as the performance stock units (PSUs) granted in 2023 will vest in the future based on performance metrics over a three-year period.

Performance Metrics

Performance metrics for 2023 included Adjusted EBITDA, Adjusted Free Cash Flow before Growth, and operational performance indices.