Portland General Electric Management

Management criteria checks 3/4

Portland General Electric's CEO is Maria Pope, appointed in Oct 2017, has a tenure of 6.58 years. total yearly compensation is $6.97M, comprised of 16.4% salary and 83.6% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth €6.36M. The average tenure of the management team and the board of directors is 2.8 years and 3.3 years respectively.

Key information

Maria Pope

Chief executive officer

US$7.0m

Total compensation

CEO salary percentage	16.4%
CEO tenure	6.6yrs
CEO ownership	0.2%
Management average tenure	2.8yrs
Board average tenure	3.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Maria Pope's remuneration changed compared to Portland General Electric's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$263m
Dec 31 2023	US$7m	US$1m	US$228m
Sep 30 2023	n/a	n/a	US$211m
Jun 30 2023	n/a	n/a	US$222m
Mar 31 2023	n/a	n/a	US$247m
Dec 31 2022	US$6m	US$1m	US$233m
Sep 30 2022	n/a	n/a	US$248m
Jun 30 2022	n/a	n/a	US$240m
Mar 31 2022	n/a	n/a	US$208m
Dec 31 2021	US$5m	US$1m	US$244m
Sep 30 2021	n/a	n/a	US$230m
Jun 30 2021	n/a	n/a	US$163m
Mar 31 2021	n/a	n/a	US$170m
Dec 31 2020	US$4m	US$972k	US$155m
Sep 30 2020	n/a	n/a	US$164m
Jun 30 2020	n/a	n/a	US$236m
Mar 31 2020	n/a	n/a	US$222m
Dec 31 2019	US$4m	US$876k	US$214m
Sep 30 2019	n/a	n/a	US$202m
Jun 30 2019	n/a	n/a	US$200m
Mar 31 2019	n/a	n/a	US$221m
Dec 31 2018	US$3m	US$789k	US$212m
Sep 30 2018	n/a	n/a	US$205m
Jun 30 2018	n/a	n/a	US$192m
Mar 31 2018	n/a	n/a	US$178m
Dec 31 2017	US$2m	US$540k	US$187m

Compensation vs Market: Maria's total compensation ($USD6.97M) is above average for companies of similar size in the German market ($USD2.15M).

Compensation vs Earnings: Maria's compensation has been consistent with company performance over the past year.

CEO

Maria Pope (58 yo)

6.6yrs

Tenure

US$6,965,757

Compensation

Ms. Maria MacGregor Pope was Director at Crown Castle Inc. from September 01, 2023 until December 2023. She has been the President at Portland General Electric Company since October 1, 2017 and its Chief E...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Maria Pope	President	6.6yrs	US$6.97m	0.15% $ 6.4m
Joseph Trpik	Senior VP of Finance & CFO	less than a year	US$3.19m	0.029% $ 1.2m
Benjamin Felton	Executive VP & COO	1.1yrs	US$3.13m	0.031% $ 1.3m
John Kochavatr	VP of Customer & Digital Solutions and Chief Information Officer	6.3yrs	US$1.41m	0.023% $ 955.3k
Maria Espinosa	Senior VP and Chief Legal & Compliance Officer	2.2yrs	US$1.46m	0.016% $ 675.5k
Nick White	Investor Relations Executive	no data	no data	no data
Anne Mersereau	Vice President of Human Resources	8.3yrs	no data	0.010% $ 425.1k
Larry Bekkedahl	Senior Vice President of Strategy & Advanced Energy Delivery	2.8yrs	US$1.34m	0.027% $ 1.1m
Sujata Pagedar	Company Secretary & Assistant General Counsel	no data	no data	no data

2.8yrs

Average Tenure

53yo

Average Age

Experienced Management: 49P's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Maria Pope	President	6.3yrs	US$6.97m	0.15% $ 6.4m
Patricia Pineda	Independent Director	1.6yrs	US$266.22k	0.0050% $ 209.3k
Kathryn Jackson	Independent Director	10.1yrs	US$274.97k	0.018% $ 738.6k
Dawn Farrell	Independent Director	2.3yrs	US$254.97k	0.014% $ 595.0k
Michael Lewis	Independent Director	3.3yrs	US$269.97k	0.0082% $ 340.4k
James Torgerson	Independent Chairman	3.3yrs	US$352.47k	0.013% $ 541.8k
Marie Huber	Independent Director	5yrs	US$254.97k	0.012% $ 492.0k
John O'Leary	Independent Director	less than a year	no data	0.0018% $ 72.7k
Michael Millegan	Independent Director	5.3yrs	US$254.97k	0.012% $ 516.9k

3.3yrs

Average Tenure

63yo

Average Age

Experienced Board: 49P's board of directors are considered experienced (3.3 years average tenure).

Portland General Electric Management

Management criteria checks 3/4

Key information

Recent management updates

President recently sold €1.9m worth of stock

Portland General Electric Company, Annual General Meeting, Apr 19, 2024

Portland General Electric Appoints John O'Leary to the Board of Directors, Effective January 1, 2024

Vice President of Human Resources recently sold €446k worth of stock

Portland General Electric Company Announces Executive Changes

Portland General Electric Company Appoints Joseph (Joe) Trpik as Senior Vice President, Effective June 30, 2023

Recent updates

President recently sold €1.9m worth of stock

First quarter 2024 earnings released: EPS: US$1.08 (vs US$0.81 in 1Q 2023)

Fourth quarter dividend of US$0.50 announced

Portland General Electric Company Declares Quarterly Dividend, Payable on or Before July 15, 2024

Portland General Electric Company to Report Q1, 2024 Results on Apr 26, 2024

Upcoming dividend of US$0.47 per share

Portland General Electric Company, Annual General Meeting, Apr 19, 2024

Fourth quarter dividend of US$0.47 announced

Full year 2023 earnings released: EPS: US$2.33 (vs US$2.61 in FY 2022)

Portland General Electric Company Declares Quarterly Dividend, Payable on or Before April 15, 2024

Portland General Electric Company to Report Q4, 2023 Results on Feb 16, 2024

Upcoming dividend of US$0.47 per share at 4.3% yield

Third quarter 2023 earnings released: EPS: US$0.47 (vs US$0.65 in 3Q 2022)

Portland General Electric Appoints John O'Leary to the Board of Directors, Effective January 1, 2024

Portland General Electric Company to Report Q3, 2023 Results on Oct 27, 2023

Upcoming dividend of US$0.47 per share at 4.3% yield

Vice President of Human Resources recently sold €446k worth of stock

Second quarter 2023 earnings released: EPS: US$0.40 (vs US$0.72 in 2Q 2022)

Portland General Electric Company Declares Quarterly Common Stock Dividend, Payable on or Before October 16, 2023

Portland General Electric Company to Report Q2, 2023 Results on Jul 28, 2023

Portland General Electric Company Announces Executive Changes

Upcoming dividend of US$0.47 per share at 3.9% yield

Portland General Electric Company Appoints Joseph (Joe) Trpik as Senior Vice President, Effective June 30, 2023

Insider recently sold €139k worth of stock

First quarter 2023 earnings released: EPS: US$0.81 (vs US$0.67 in 1Q 2022)

Now 23% undervalued after recent price drop

Insider recently sold €91k worth of stock

Upcoming dividend of US$0.45 per share at 3.7% yield

Portland General Electric Provides Earnings Guidance for the Full Year 2023

Portland General Electric Provides Earnings Guidance for the Full Year 2023

Full year 2022 earnings released: EPS: US$2.61 (vs US$2.73 in FY 2021)

Portland General Electric Company Declares Quarterly Dividend, Payable on or Before April 17, 2023

Portland General Electric Company to Report Q4, 2022 Results on Feb 16, 2023

Upcoming dividend of US$0.45 per share

Portland General Electric Company has completed a Follow-on Equity Offering in the amount of $434.3 million.

Third quarter 2022 earnings released: EPS: US$0.65 (vs US$0.56 in 3Q 2021)

Portland General Electric Company Reaffirms Earnings Guidance for Full Year 2022

Portland General Electric Company Declares Quarterly Common Stock Dividend, Payable on or Before January 17, 2023

Portland General Electric Company to Report Q3, 2022 Results on Oct 25, 2022

Portland General Electric Company, Annual General Meeting, Apr 21, 2023

Upcoming dividend of US$0.45 per share

Second quarter 2022 earnings released: EPS: US$0.72 (vs US$0.36 in 2Q 2021)

Portland General Electric Company Revises Earnings Guidance for 2022

Portland General Electric Company Declares Dividend, Payable on or Before October 17, 2022

Portland General Electric Company to Report Q2, 2022 Results on Jul 28, 2022

Now 21% undervalued after recent price drop

Upcoming dividend of US$0.45 per share

Independent Director recently bought €181k worth of stock

First quarter 2022 earnings released: EPS: US$0.67 (vs US$1.07 in 1Q 2021)

Portland General Electric Company Declares a Quarterly Common Stock Dividend, Payable on or Before July 15, 2022

Portland General Electric Company to Report Q1, 2022 Results on Apr 28, 2022

Upcoming dividend of US$0.43 per share

Independent Director recently sold €219k worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Portland General Electric Company Provides Earnings Guidance for the Full Year 2022

Portland General Electric Company Declares Quarterly Common Stock Dividend, Payable on or Before March 25, 2022

PGE Enters into Memorandum of Understanding to Settle the Derivative Actions Subject to Court Approval

Upcoming dividend of US$0.43 per share

Upcoming dividend of US$0.43 per share

Insider recently sold €223k worth of stock

Independent Director recently bought €210k worth of stock

Second quarter 2021 earnings released: EPS US$0.36 (vs US$0.44 in 2Q 2020)

Upcoming dividend of US$0.43 per share

Vice President of Public Affairs recently sold €166k worth of stock

Independent Director recently sold €1.0m worth of stock

Independent Director has left the company

Independent Director has left the company

First quarter 2021 earnings released: EPS US$1.07 (vs US$0.91 in 1Q 2020)

Portland General Electric Company Provides Earnings Guidance for the Full Year 2021