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.