Sundar PichaiSundar Pichai earned $164M in 2023

John R. Moreira is the Executive Vice President and Chief Financial Officer of Eversource Energy, a major utility company that provides electricity, natural gas, and water. He stepped up to this role in May 2022, following a solid background in...

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John R. Moreira

CEO of Eversource Energy

Sector of Economy

Utilities

CEO of Eversource Energy for

1 year 4 months (Nov 2023 - Present)

Previous Experience

Senior Vice President-Finance and Regulatory and Treasurer of Eversource Energy

Holdings

See how much did John R. Moreira make over time.

John R. Moreira's insider trades in Eversource Energy show intriguing patterns. Starting in February 2023, he executed significant transactions, beginning with a $1.72 million trade. Through the months, he adjusted his positions, reaching a peak of $2.23 million in September...

Mar 18, 2025

Insider Trading

See recent insider trades of John R. Moreira.

ES

12,552 shares

ES

Jan 31, 2024

Received

ES

7,623 shares

ES

Feb 1, 2023

Received

Compensation History

See how much did John R. Moreira make over time.

In 2023, John R. Moreira's compensation from Eversource Energy totaled $564,000, primarily attributed to a performance bonus of $564,000 based on specific financial and operational goals. Notably, he did not receive a base salary, as the company emphasizes performance-driven pay. His vested stock also contributed significantly, valued at $265,035, which reflects the long-term incentive approach aimed at aligning his interests with the company's success. The performance metrics he was evaluated against included metrics like earnings per share and overall company achievements, which showcases a focus on driving the company forward. This type of compensation structure is designed to attract and retain leadership talent effectively while motivating them to meet ambitious company targets.

Year

2023

Total Compensation

$829.04K

Salary

$0.00

Board Justification

The compensation philosophy aims to align executive pay with performance and market practices, focusing on attracting and retaining top talent while motivating executives to achieve company goals.

Bonus

$564.00K

Board Justification

The bonus is based on performance metrics that include financial and operational goals, with a payout of 94% of target due to overall company performance in 2023.

Other

$0.00

Board Justification

No additional compensation was reported outside of salary, bonus, and stock awards.

Restricted Stock

$265.04K(3.32K RSU)

Board Justification

The stock that vested in 2023 includes performance shares and restricted stock units (RSUs) granted in previous years, reflecting the company's performance over the vesting period.

Performance Metrics

The performance metrics for 2023 included earnings per share, strategic initiatives, and operational performance goals, with a significant emphasis on achieving financial targets.

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