PNM Resources Management
Management criteria checks 3/4
PNM Resources' CEO is Pat Vincent-Collawn, appointed in Mar 2010, has a tenure of 14.08 years. total yearly compensation is $6.60M, comprised of 15.2% salary and 84.8% bonuses, including company stock and options. directly owns 0.78% of the company’s shares, worth €24.14M. The average tenure of the management team and the board of directors is 3.3 years and 9.9 years respectively.
Key information
Pat Vincent-Collawn
Chief executive officer
US$6.6m
Total compensation
| CEO salary percentage | 15.2% |
| CEO tenure | 14.1yrs |
| CEO ownership | 0.8% |
| Management average tenure | 3.3yrs |
| Board average tenure | 9.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | US$88m |
| Sep 30 2023 | n/a | n/a | US$154m |
| Jun 30 2023 | n/a | n/a | US$238m |
| Mar 31 2023 | n/a | n/a | US$209m |
| Dec 31 2022 | US$7m | US$1m | US$170m |
| Sep 30 2022 | n/a | n/a | US$165m |
| Jun 30 2022 | n/a | n/a | US$156m |
| Mar 31 2022 | n/a | n/a | US$194m |
| Dec 31 2021 | US$6m | US$958k | US$196m |
| Sep 30 2021 | n/a | n/a | US$193m |
| Jun 30 2021 | n/a | n/a | US$202m |
| Mar 31 2021 | n/a | n/a | US$206m |
| Dec 31 2020 | US$8m | US$952k | US$173m |
| Sep 30 2020 | n/a | n/a | US$196m |
| Jun 30 2020 | n/a | n/a | US$177m |
| Mar 31 2020 | n/a | n/a | US$43m |
| Dec 31 2019 | US$5m | US$891k | US$77m |
| Sep 30 2019 | n/a | n/a | -US$10m |
| Jun 30 2019 | n/a | n/a | -US$25m |
| Mar 31 2019 | n/a | n/a | US$89m |
| Dec 31 2018 | US$5m | US$854k | US$86m |
| Sep 30 2018 | n/a | n/a | US$86m |
| Jun 30 2018 | n/a | n/a | US$73m |
| Mar 31 2018 | n/a | n/a | US$72m |
| Dec 31 2017 | US$4m | US$818k | US$80m |
Compensation vs Market: Pat's total compensation ($USD6.60M) is above average for companies of similar size in the German market ($USD2.47M).
Compensation vs Earnings: Pat's compensation has been consistent with company performance over the past year.
CEO
Pat Vincent-Collawn (64 yo)
14.1yrs
Tenure
US$6,596,575
Compensation
Ms. Patricia K. Vincent-Collawn, also known as Pat, has been the Chief Executive Officer of PNM Resources, Inc. since March 1, 2010 and had been its President since August 11, 2008 until May 2022. Ms. Vinc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 14.1yrs | US$6.60m | 0.78% $ 24.1m | |
| President & COO | 1.9yrs | US$1.59m | 0.035% $ 1.1m | |
| Senior VP | 3.2yrs | US$934.92k | 0.021% $ 661.9k | |
| Senior VP | 14.3yrs | US$1.07m | 0.10% $ 3.1m | |
| Principal Accounting Officer | less than a year | no data | 0.00060% $ 18.5k | |
| VP & Chief Information Officer | 3.3yrs | no data | no data | |
| Executive Director of Investor Relations | no data | no data | no data | |
| Vice President of Human Resources | 4.3yrs | no data | no data |
3.3yrs
Average Tenure
60yo
Average Age
Experienced Management: 98P's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 14.1yrs | US$6.60m | 0.78% $ 24.1m | |
| Independent Director | 9.9yrs | US$232.50k | 0.017% $ 515.9k | |
| Independent Director | 15.8yrs | US$220.00k | 0.052% $ 1.6m | |
| Independent Director | 8.9yrs | US$220.00k | 0.023% $ 697.9k | |
| Independent Director | 5.3yrs | US$220.00k | 0.0092% $ 283.7k | |
| Independent Director | 12.1yrs | US$235.00k | 0.027% $ 820.2k | |
| Independent Director | 9.9yrs | US$235.00k | 0.025% $ 775.9k | |
| Independent Director | 5.3yrs | US$232.50k | 0.012% $ 359.4k | |
| Lead Independent Director | 7.9yrs | US$250.00k | 0.024% $ 731.2k |
9.9yrs
Average Tenure
67yo
Average Age
Experienced Board: 98P's board of directors are considered experienced (9.9 years average tenure).