Public Service Enterprise Group Management
Management criteria checks 3/4
Public Service Enterprise Group's CEO is Ralph LaRossa, appointed in Sep 2022, has a tenure of 2.5 years. total yearly compensation is $12.37M, comprised of 10.9% salary and 89.1% bonuses, including company stock and options. directly owns 0.045% of the company’s shares, worth €16.71M. The average tenure of the management team and the board of directors is 5.8 years and 5.1 years respectively.
Key information
Ralph LaRossa
Chief executive officer
US$12.4m
Total compensation
| CEO salary percentage | 10.9% |
| CEO tenure | 2.5yrs |
| CEO ownership | 0.04% |
| Management average tenure | 5.8yrs |
| Board average tenure | 5.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | US$12m | US$1m | US$2b |
| Sep 30 2024 | n/a | n/a | US$2b |
| Jun 30 2024 | n/a | n/a | US$2b |
| Mar 31 2024 | n/a | n/a | US$2b |
| Dec 31 2023 | US$12m | US$1m | US$3b |
| Sep 30 2023 | n/a | n/a | US$3b |
| Jun 30 2023 | n/a | n/a | US$3b |
| Mar 31 2023 | n/a | n/a | US$2b |
| Dec 31 2022 | US$10m | US$972k | US$1b |
| Sep 30 2022 | n/a | n/a | US$688m |
| Jun 30 2022 | n/a | n/a | -US$990m |
| Mar 31 2022 | n/a | n/a | -US$1b |
| Dec 31 2021 | US$5m | US$811k | -US$648m |
| Sep 30 2021 | n/a | n/a | -US$662m |
| Jun 30 2021 | n/a | n/a | US$1b |
| Mar 31 2021 | n/a | n/a | US$2b |
| Dec 31 2020 | US$5m | US$787k | US$2b |
| Sep 30 2020 | n/a | n/a | US$2b |
| Jun 30 2020 | n/a | n/a | US$2b |
| Mar 31 2020 | n/a | n/a | US$1b |
| Dec 31 2019 | US$4m | US$738k | US$2b |
| Sep 30 2019 | n/a | n/a | US$1b |
| Jun 30 2019 | n/a | n/a | US$1b |
| Mar 31 2019 | n/a | n/a | US$2b |
| Dec 31 2018 | US$8m | US$720k | US$1b |
Compensation vs Market: Ralph's total compensation ($USD12.37M) is above average for companies of similar size in the German market ($USD5.21M).
Compensation vs Earnings: Ralph's compensation has been consistent with company performance over the past year.
CEO
Ralph LaRossa (61 yo)
2.5yrs
Tenure
US$12,367,960
Compensation
Mr. Ralph A. LaRossa serves as Chief Executive Officer, President and Director of Public Service Enterprise Group Incorporated since September 01, 2022 and serves as its Chair of the Board since January 1,...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chair, President & CEO | 2.5yrs | US$12.37m | 0.045% € 16.7m | |
| Executive VP & CFO | 9.4yrs | US$4.28m | 0.040% € 15.1m | |
| President & COO of Public Service Electric & Gas | 3.8yrs | US$3.62m | 0.017% € 6.4m | |
| Senior VP and Chief Information & Digital Officer | 4.6yrs | no data | no data | |
| Vice President of Investor Relations | 6.8yrs | no data | no data | |
| Executive VP & General Counsel | less than a year | no data | 0.0016% € 582.7k | |
| Vice President of Corporate Communications | 7.6yrs | no data | no data | |
| Senior VP of Human Resources | 5.5yrs | no data | 0.0083% € 3.1m | |
| Senior Vice President of Corporate Citizenship | 6.7yrs | no data | 0.0061% € 2.3m | |
| Controller & VP | 6yrs | no data | 0.0084% € 3.1m | |
| Corporate Secretary & Managing Counsel Cyber | no data | no data | no data |
5.8yrs
Average Tenure
60yo
Average Age
Experienced Management: PSE's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chair, President & CEO | 2.5yrs | US$12.37m | 0.045% € 16.7m | |
| Independent Director | 5.1yrs | US$332.69k | 0.000040% € 14.9k | |
| Independent Lead Director | 12.9yrs | US$340.19k | 0% € 0 | |
| Independent Director | 5.3yrs | US$336.19k | 0.00035% € 130.7k | |
| Independent Director | 6.2yrs | US$325.19k | 0.000040% € 14.9k | |
| Independent Director | 9.1yrs | US$333.69k | 0.0011% € 425.8k | |
| Independent Director | 1.5yrs | US$308.69k | 0.000010% € 3.7k | |
| Independent Director | 1.2yrs | US$291.04k | 0% € 0 | |
| Independent Director | 7.1yrs | US$331.19k | 0% € 0 | |
| Independent Director | 2.9yrs | US$300.19k | 0% € 0 | |
| Independent Director | 2.9yrs | US$312.61k | 0% € 0 |
5.1yrs
Average Tenure
67yo
Average Age
Experienced Board: PSE's board of directors are considered experienced (5.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/17 21:15 |
| End of Day Share Price | 2025/03/14 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Github.
Analyst Sources
Public Service Enterprise Group Incorporated is covered by 40 analysts. 14 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 |
| Nathan Judge | Atlantic Equities LLP |
| Daniel Ford | Barclays |