CenterPoint Energy Management
Management criteria checks 1/4
CenterPoint Energy's CEO is Jason Wells, appointed in Jan 2023, has a tenure of 1.92 years. total yearly compensation is $7.08M, comprised of 13.7% salary and 86.3% bonuses, including company stock and options. directly owns 0.035% of the company’s shares, worth €7.00M. The average tenure of the management team and the board of directors is 1.9 years and 3.3 years respectively.
Key information
Jason Wells
Chief executive officer
US$7.1m
Total compensation
| CEO salary percentage | 13.7% |
| CEO tenure | 1.9yrs |
| CEO ownership | 0.04% |
| Management average tenure | 1.9yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$963m |
| Jun 30 2024 | n/a | n/a | US$1b |
| Mar 31 2024 | n/a | n/a | US$904m |
| 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 above average for companies of similar size in the German market ($USD4.82M).
Compensation vs Earnings: Jason's compensation has increased by more than 20% in the past year.
CEO
Jason Wells (46 yo)
1.9yrs
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 | 1.9yrs | US$7.08m | 0.035% € 7.0m | |
| Executive VP & CFO | 1.6yrs | US$7.82m | 0.0067% € 1.3m | |
| Executive VP & General Counsel | 4.4yrs | US$3.65m | 0.014% € 2.8m | |
| Executive VP & Chief Human Resources Officer | 4.4yrs | US$2.11m | 0.012% € 2.4m | |
| Executive Vice President of Regulatory Services & Government Affairs | 4.4yrs | US$3.06m | 0.016% € 3.2m | |
| Vice President | 1.3yrs | no data | 0% € 0 | |
| Senior VP & Chief Information Officer | 4.1yrs | 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 VP & Chief Communications Officer | less than a year | no data | no data | |
| Senior Vice President of Natural Gas Business | 1.9yrs | no data | 0.0021% € 414.8k | |
| Senior VP & Chief Customer Officer | 1.9yrs | no data | no data |
1.9yrs
Average Tenure
45.5yo
Average Age
Experienced Management: HOU's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$7.08m | 0.035% € 7.0m | |
| Independent Director | 1.3yrs | US$144.65k | 0.0015% € 293.1k | |
| Independent Director | less than a year | no data | 0.00089% € 177.5k | |
| Independent Director | 9.7yrs | US$311.95k | 0.0080% € 1.6m | |
| Independent Chair of the Board | 10.8yrs | US$311.95k | 0.010% € 2.1m | |
| Independent Director | 1.3yrs | US$133.05k | 0.0015% € 293.1k | |
| Independent Director | 2.7yrs | US$341.95k | 0.0025% € 504.5k | |
| Independent Director | 4.6yrs | US$303.58k | 0.0032% € 648.1k | |
| Independent Director | 4.4yrs | US$391.83k | 0.0047% € 943.2k | |
| Independent Director | 3.8yrs | US$324.52k | 0.0035% € 697.9k | |
| Independent Director | 3.3yrs | US$308.91k | 0.0031% € 614.2k |
3.3yrs
Average Tenure
59yo
Average Age
Experienced Board: HOU's board of directors are considered experienced (3.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 00:50 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
CenterPoint Energy, Inc. is covered by 35 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gary Hovis | Argus Research Company |
| Nicholas Campanella | Barclays |
| Daniel Ford | Barclays |