Ralph Izzo has been the CEO of Public Service Enterprise Group (PSEG) since April 2007. He started his journey in PSEG back in 1992 and has held many positions, including President and COO of PSEG and PSE&G. This means he...

Ralph Izzo has been the CEO of Public Service Enterprise Group (PSEG) since April 2007. He started his journey in PSEG back in 1992 and has held many positions, including President and COO of PSEG and PSE&G. This means he knows the company and the energy industry inside and out. Ralph's leadership has seen PSEG through many challenges, including a focus on operational excellence and strategic growth. He has a strong background in finance and operations, which helps him make informed decisions for the future of the company. In 2023, Ralph earned a compensation package of over $11.1 million, with a mix of salary, bonuses, and vested stock, showing shareholders he is in it for results, not just paychecks. He has always aligned his goals with the company’s performance, investing in different compensation plans that consider the success of PSEG. Also interesting is that he owns a significant amount of company stock, which shows he has a personal stake in its success. Outside of raw numbers, his lengthy experience in the energy sector gives him unique insights into management challenges and opportunities in a highly regulated industry.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Public Service Enterprise Group CEOs

P

Ralph Izzo

CEO of Public Service Enterprise Group

Sector of Economy

Utilities

Born

January 1, 1958 - 67 years ago

CEO of Public Service Enterprise Group for

18 years 6 months (Oct 2006 - Present)

Previous Experience

President and Chief Operating Officer of PSE&G since October 2003, held various senior executive positions at PSEG and its subsidiaries since 1992.

Rivals

Competitors/colleagues of Ralph Izzo

A

Warner L. Baxter

CEO of Ameren

2021 Compensation

Stock

$0.00

Salary

$1.30M

Bonus

$0.00

Other

$158.48K

Total Holdings

$23.31M

C

Patricia Kessler Poppe

CEO of CMS Energy

2023 Compensation

Stock

$0.00

Salary

$1.24M

Bonus

$1.95M

Other

$23.85K

Total Holdings

$26.21M

C

Timothy Cawley

CEO of Consolidated Edison

2023 Compensation

Stock

$11.43M

Salary

$1.35M

Bonus

$2.26M

Other

$79.60K

Total Holdings

$23.63M

E

David A. Campbell

CEO of Evergy

2023 Compensation

Stock

$940.54K

Salary

$1.06M

Bonus

$0.00

Other

$60.80K

Total Holdings

$26.23M

N

Lloyd Yates

CEO of NiSource

2023 Compensation

Stock

$0.00

Salary

$1.04M

Bonus

$2.50M

Other

$466.59K

Total Holdings

$10.10M

O

Sean Trauschke

CEO of OGE Energy

2023 Compensation

Stock

$0.00

Salary

$1.16M

Bonus

$1.49M

Other

$154.25K

Total Holdings

$24.83M

Holdings

See how much did Ralph Izzo make over time.

Ralph Izzo’s stock holdings have seen interesting shifts over the years. As of late, he has a substantial amount of skin in the game, owning millions in PSEG stock. His wealth peaked at several million from his equity partnerships, particularly...

Ralph Izzo’s stock holdings have seen interesting shifts over the years. As of late, he has a substantial amount of skin in the game, owning millions in PSEG stock. His wealth peaked at several million from his equity partnerships, particularly in the past few years, reflecting trust in his leadership. He has made strategic decisions to align his wealth more closely with company performance, ensuring he benefits from growth means investors do too. This strong link between his financial success and PSEG’s performance shows a commitment that goes beyond just running a utility company. Now, as we look back, it's clear he has built a career where his accomplishments in PSEG have translated directly into stock ownership. His strategy seems simple: when the company wins, so does he.

Mar 17, 2025

O

shares

OVV @ $41.09

P

shares

PEG @ $82.23

Total Stock Sold

$107.65M

PEG

$107.65M

2,269,100 PEG shares

What if they kept their stock?

If Ralph Izzo didn't sell their stock, today they would have:
Extra PEG2,269,100 shares worth $117.22M.
This is 8.89% and $9.57M more than what they got when they sold the stock.

Charitable Transactions

PEG

21,694 shares

PEG

Recent Charitable Transactions

PEG

6,562 shares

PEG

Feb 18, 2020

Charity

PEG

423 shares

PEG

Mar 1, 2019

Charity

PEG

100 shares

PEG

Jan 2, 2019

Charity

PEG

7,798 shares

PEG

Aug 1, 2018

Charity

PEG

385 shares

PEG

Dec 1, 2017

Charity

PEG

1,940 shares

PEG

Oct 2, 2017

Charity

Insider Trading

See recent insider trades of Ralph Izzo.

PEG

$638.02K

PEG at $64.52/share

Sep 1, 2022

Sale

PEG

$648.14K

PEG at $65.58/share

Aug 1, 2022

Sale

PEG

$633.96K

PEG at $64.15/share

Jul 1, 2022

Sale

PEG

$673.07K

PEG at $68.10/share

Jun 1, 2022

Sale

PEG

$681.48K

PEG at $68.95/share

May 2, 2022

Sale

PEG

$696.15K

PEG at $70.44/share

Apr 1, 2022

Sale

PEG

$4.78M

PEG at $64.71/share

Mar 1, 2022

Received

PEG

$637.07K

PEG at $64.46/share

Mar 1, 2022

Sale

PEG

$2.73M

PEG at $64.43/share

Feb 15, 2022

Received

PEG

$653.78K

PEG at $66.15/share

Feb 1, 2022

Sale

Compensation History

See how much did Ralph Izzo make over time.

In 2023, Ralph Izzo’s total compensation reached about $11.1 million, consisting of a base salary of $1.3 million, bonuses, and stock options. The $1.8 million bonus showcases a strong focus on performance metrics, which are essential in the utility sector. Ralph’s pay plan is designed to reward success, with substantial portions tied to how well PSEG does financially. This ties back to his proven track record in achieving operational goals and improving financial standings for the company. His financial strategy is transparent and reflects a deeper philosophy to align incentives between executives and shareholders, making it clear that performance drives earnings.

Year

2023

Total Compensation

$4.05M

Salary

$1.29M

Board Justification

The compensation philosophy is designed to attract, motivate, and retain exceptional talent while aligning executive compensation with company performance and market competitiveness.

Bonus

$1.83M

Board Justification

Annual cash incentive under the MICP based on performance metrics for 2023, paid in 2024.

Other

$40.67K

Board Justification

Includes perquisites and personal benefits such as automobile expenses, physical examinations, and charitable contributions.

Restricted Stock

$882.65K(14.24K PSUs)

Board Justification

Performance Share Units (PSUs) that vested based on the performance period ending December 31, 2023, with a payout of 50% of target.

Performance Metrics

Compensation is determined based on financial performance metrics including Non-GAAP Operating EPS and other strategic goals.

Other Public Service Enterprise Group CEOs

Here are other CEOs of Public Service Enterprise Group

Ralph A. LaRossa

CEO of Public Service Enterprise Group

January 2020 - Present