CenterPoint Energy Management
Management criteria checks 2/4
CenterPoint Energy's CEO is Jason Wells, appointed in Jan 2023, has a tenure of 1.25 years. total yearly compensation is $7.08M, comprised of 13.7% salary and 86.3% bonuses, including company stock and options. directly owns 0.036% of the company’s shares, worth €6.17M. The average tenure of the management team and the board of directors is 1.3 years and 3.2 years respectively.
Key information
Jason Wells
Chief executive officer
US$7.1m
Total compensation
CEO salary percentage | 13.7% |
CEO tenure | 1.3yrs |
CEO ownership | 0.04% |
Management average tenure | 1.3yrs |
Board average tenure | 3.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | US$7m | US$969k | US$867m |
Sep 30 2023 | n/a | n/a | US$797m |
Jun 30 2023 | n/a | n/a | US$730m |
Mar 31 2023 | n/a | n/a | US$803m |
Dec 31 2022 | US$3m | US$667k | US$1b |
Sep 30 2022 | n/a | n/a | US$911m |
Jun 30 2022 | n/a | n/a | US$849m |
Mar 31 2022 | n/a | n/a | US$840m |
Dec 31 2021 | US$3m | US$665k | US$573m |
Sep 30 2021 | n/a | n/a | US$635m |
Jun 30 2021 | n/a | n/a | US$2b |
Mar 31 2021 | n/a | n/a | US$2b |
Dec 31 2020 | US$4m | US$170k | US$307m |
Compensation vs Market: Jason's total compensation ($USD7.08M) is about average for companies of similar size in the German market ($USD5.66M).
Compensation vs Earnings: Jason's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Jason Wells (45 yo)
1.3yrs
Tenure
US$7,081,465
Compensation
Mr. Jason P. Wells serves as the President, CEO & Director of CenterPoint Energy Resources. Mr. Jason serves as the Chief Executive Officer at CenterPoint Energy Houston Electric, LLC. He serves as Executi...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 1.3yrs | US$7.08m | 0.036% $ 6.2m | |
Executive VP & CFO | less than a year | US$7.82m | 0.00079% $ 134.9k | |
Executive VP & General Counsel | 3.8yrs | US$3.65m | 0.015% $ 2.5m | |
Executive VP & Chief Human Resources Officer | 3.8yrs | US$2.11m | 0.012% $ 2.1m | |
Executive Vice President of Regulatory Services & Government Affairs | 3.8yrs | US$3.06m | 0.016% $ 2.8m | |
Vice President | less than a year | no data | 0% $ 0 | |
Senior VP & Chief Information Officer | 3.4yrs | no data | no data | |
Vice President of Investor Relations & Treasurer | no data | no data | no data | |
Chief Ethics & Compliance Officer | no data | no data | no data | |
Senior Vice President of Natural Gas Business | 1.3yrs | no data | 0.0021% $ 365.4k | |
Senior VP & Chief Customer Officer | 1.3yrs | no data | no data | |
Senior Vice President of Utility Operations Support | 1.3yrs | no data | no data |
1.3yrs
Average Tenure
44.5yo
Average Age
Experienced Management: HOU's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | less than a year | US$7.08m | 0.036% $ 6.2m | |
Independent Director | less than a year | US$144.65k | 0.00060% $ 102.4k | |
Independent Director | 9yrs | US$290.00k | 0.0073% $ 1.3m | |
Independent Chair of the Board | 10.1yrs | US$311.95k | 0.0097% $ 1.7m | |
Independent Director | less than a year | US$133.05k | 0.00060% $ 102.4k | |
Independent Director | 2yrs | US$341.95k | 0.0017% $ 288.6k | |
Independent Director | 6yrs | US$457.07k | 0.0057% $ 973.2k | |
Independent Director | 3.9yrs | US$303.58k | 0.0033% $ 568.6k | |
Independent Director | 3.8yrs | US$285.00k | 0.0040% $ 674.4k | |
Independent Director | 3.2yrs | US$298.50k | 0.0027% $ 459.3k | |
Independent Director | 2.6yrs | US$271.90k | 0.0023% $ 385.9k |
3.2yrs
Average Tenure
58yo
Average Age
Experienced Board: HOU's board of directors are considered experienced (3.2 years average tenure).