TXNM Energy Management
Management criteria checks 3/4
TXNM Energy's CEO is Pat Vincent-Collawn, appointed in Mar 2010, has a tenure of 14.42 years. total yearly compensation is $7.67M, comprised of 14% salary and 86% bonuses, including company stock and options. directly owns 0.78% of the company’s shares, worth €26.09M. The average tenure of the management team and the board of directors is 2.3 years and 8.8 years respectively.
Key information
Pat Vincent-Collawn
Chief executive officer
US$7.7m
Total compensation
| CEO salary percentage | 14.0% |
| CEO tenure | 14.4yrs |
| CEO ownership | 0.8% |
| Management average tenure | 2.3yrs |
| Board average tenure | 8.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$83m |
| Mar 31 2024 | n/a | n/a | US$80m |
| Dec 31 2023 | US$8m | US$1m | 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$80m |
Compensation vs Market: Pat's total compensation ($USD7.67M) is above average for companies of similar size in the German market ($USD2.18M).
Compensation vs Earnings: Pat's compensation has been consistent with company performance over the past year.
CEO
Pat Vincent-Collawn (65 yo)
14.4yrs
Tenure
US$7,670,833
Compensation
Ms. Patricia K. Vincent-Collawn, also known as Pat, has been the Chief Executive Officer of TXNM Energy, Inc. (formerly known as PNM Resources, Inc.) since March 1, 2010 and had been its President since Au...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 14.4yrs | US$7.67m | 0.78% $ 26.0m | |
| President & COO | 2.3yrs | US$2.33m | 0.035% $ 1.2m | |
| Senior VP & CFO | 2.3yrs | US$1.27m | 0.021% $ 713.9k | |
| Principal Accounting Officer | less than a year | no data | 0.00060% $ 19.9k | |
| VP & Chief Information Officer | less than a year | no data | no data | |
| Executive Director of Investor Relations | no data | no data | no data | |
| Vice President of Human Resources | 4.6yrs | no data | no data | |
| VP & Treasurer | less than a year | no data | no data |
2.3yrs
Average Tenure
55.5yo
Average Age
Experienced Management: 98P's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 14.4yrs | US$7.67m | 0.78% $ 26.0m | |
| Independent Director | 10.3yrs | US$245.00k | 0.017% $ 556.4k | |
| Independent Director | 9.3yrs | US$230.00k | 0.026% $ 852.4k | |
| Independent Director | 5.6yrs | US$230.00k | 0.012% $ 405.3k | |
| Independent Director | 12.4yrs | US$245.00k | 0.027% $ 884.6k | |
| Independent Director | 10.3yrs | US$245.00k | 0.025% $ 836.8k | |
| Independent Director | 5.6yrs | US$245.00k | 0.015% $ 487.0k | |
| Lead Independent Director | 8.3yrs | US$260.00k | 0.027% $ 887.9k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data |
8.8yrs
Average Tenure
65.5yo
Average Age
Experienced Board: 98P's board of directors are considered experienced (8.8 years average tenure).