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Joseph Dominguez is the President and CEO of Constellation Energy, a major player in the clean energy sector, known for running the largest carbon-free energy operation in the U.S. Since taking charge in early 2022, he has been responsible for...

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Joseph Dominguez

CEO of Constellation Energy

Education

Bachelor's degree in electrical engineering from the University of Illinois

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Utilities

Born

January 1, 1963 - 62 years ago

CEO of Constellation Energy for

3 years 2 months (Jan 2022 - Present)

Previous Experience

Senior Vice President at Exelon Corporation

Holdings

See how much did Joseph Dominguez make over time.

As CEO of Constellation Energy, Joseph Dominguez holds a significant stake in the company's success, particularly through his stock holdings. His holdings have shown a remarkable upward trend, especially in 2023, where he recorded insider trades exceeding $4 million in...

Total Stock Sold

$621.92K

EXC

$621.92K

16,000 EXC shares

What if they kept their stock?

If Joseph Dominguez didn't sell their stock, today they would have:
Extra EXC16,000 shares worth $601.44K.
This is -3.29% and $20.48K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Joseph Dominguez.

EXC

$870.24K

EXC at $54.39/share

Nov 24, 2021

Sale

Compensation History

See how much did Joseph Dominguez make over time.

In 2023, Joseph Dominguez's total compensation reached approximately $15.2 million. His base salary was around $1.18 million. A significant portion of his earnings came from vested stock awards worth about $10 million, emphasizing alignment with the company's performance. Notably, he received no bonuses that year, as stated in proxies. This structure reflects a compensation philosophy focused on performance and shareholder value. Over the previous year, his total pay also saw a marked increase from about $10.4 million in 2022, showcasing the increasing responsibility and performance expectations inherent in his role. Dominguez's compensation aligns closely with the ambitious goals of Constellation Energy, which aims to lead in carbon-free power production and sustainability efforts.

Year

2023

Total Compensation

$11.40M

Salary

$1.18M

Board Justification

The compensation philosophy is to align executive pay with performance and shareholder interests, ensuring that a significant portion of compensation is at-risk and tied to the achievement of financial and strategic goals.

Bonus

$0.00

Board Justification

No bonus was awarded for 2023 as per the proxy statement.

Other

$222.94K

Board Justification

Other compensation includes perquisites, contributions to savings plans, and long-term disability premiums.

Restricted Stock

$10.00M(10M RSU)

Board Justification

The value of stock awards that vested in 2023, which includes restricted stock units and performance share units based on the probable outcome of target levels.

Performance Metrics

The performance metrics for the 2023 compensation included financial results, strategic initiatives, and operational performance.

Other Constellation Energy CEOs

Here are other CEOs of Constellation Energy