John P. Hester is the former Chief Executive Officer of Southwest Gas Holdings, Inc. He has a solid educational background with a Bachelor’s degree in Business Administration and over 35 years of experience in the utility industry. Hester began his...

Number of Employees

2.37K

Year

2023

Total Compensation

$2.11M

Salary

$874.80K

Board Justification

The compensation program is designed to attract, retain, and motivate high-performing leaders, aligning executive compensation with company performance and stockholder returns.

Bonus

$500.00K

Board Justification

Special cash bonus earned for fiscal year 2022, paid in the first quarter of 2023 to recognize effective leadership during a year of unprecedented change.

Other

$30.16K

Board Justification

Includes employer contributions to retirement plans and other benefits.

Restricted Stock

$708.71K(11.07K Common Stock)

Board Justification

Shares of Common Stock issued in the first quarter of 2023 under time-lapse RSUs and Performance Share Units that vested in 2023.

Performance Metrics

Utility adjusted net income and free cash flow are key performance metrics determining the annual incentive compensation.

SEC Filing

From March 18, 2024

John P. Hester

CEO of Southwest Gas Holdings

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Education

Bachelor's degree in Business Administration

Field of Expertise

Business & Management

Born

January 1, 1955 - 70 years ago

Is Founder?

No

Current Tenure

9 years 10 months (Mar 2015 - Present)

Previous Experience

25 years with Southwest Gas Corporation, including various executive roles.