Timothy Cawley is the President and CEO of Consolidated Edison, Inc., a major utility company known for its electricity and gas services. He took over these roles on January 1, 2021, after rising through the ranks at the company since...

Current Market Cap

$33.54B

Number of Employees

14.59K

Total Compensation

2021 - 2023

Trending up by 172.02% last year
Showing total compensation for the last 2021 - 2023

Stock

Up by 459.82% last year

Salary

Up by 3.86% last year

Bonus

Up by 5.82% last year

Other

Down by -3.64% last year

Year

2023

Total Compensation

$15.12M

Salary

$1.35M

Board Justification

The compensation program aims to attract and retain key executives, motivate them to create value for stockholders, and promote safe and efficient service.

Bonus

$2.26M

Board Justification

Annual cash incentive based on performance against financial and operational objectives for 2023.

Other

$79.60K

Board Justification

Includes personal use of company vehicle, financial planning, and matching contributions to retirement plans.

Restricted Stock

$11.43M(131.87K RSU)

Board Justification

Performance-based restricted stock units vested for the 2021-2023 performance period, valued at $86.67 per share at the time of vesting.

Performance Metrics

Performance metrics include adjusted net income, operating objectives, and other financial performance measures.

SEC Filing

From April 10, 2024