Dominion Energy Management

Management criteria checks 4/4

Dominion Energy's CEO is Bob Blue, appointed in Oct 2020, has a tenure of 3.5 years. total yearly compensation is $6.28M, comprised of 19.5% salary and 80.5% bonuses, including company stock and options. directly owns 0.022% of the company’s shares, worth MX$155.05M. The average tenure of the management team and the board of directors is 3.5 years and 7.3 years respectively.

Key information

Bob Blue

Chief executive officer

US$6.3m

Total compensation

CEO salary percentage	19.5%
CEO tenure	3.5yrs
CEO ownership	0.02%
Management average tenure	3.5yrs
Board average tenure	7.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bob Blue's remuneration changed compared to Dominion Energy's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$6m	US$1m	US$2b
Sep 30 2023	n/a	n/a	US$3b
Jun 30 2023	n/a	n/a	US$2b
Mar 31 2023	n/a	n/a	US$1b
Dec 31 2022	US$7m	US$1m	US$334m
Sep 30 2022	n/a	n/a	US$988m
Jun 30 2022	n/a	n/a	US$955m
Mar 31 2022	n/a	n/a	US$2b
Dec 31 2021	US$8m	US$1m	US$2b
Sep 30 2021	n/a	n/a	US$3b
Jun 30 2021	n/a	n/a	US$2b
Mar 31 2021	n/a	n/a	US$3b
Dec 31 2020	US$8m	US$891k	US$1b
Sep 30 2020	n/a	n/a	US$1b
Jun 30 2020	n/a	n/a	US$2b
Mar 31 2020	n/a	n/a	US$790m
Dec 31 2019	US$4m	US$738k	US$625m
Sep 30 2019	n/a	n/a	US$456m
Jun 30 2019	n/a	n/a	US$380m
Mar 31 2019	n/a	n/a	US$1b
Dec 31 2018	US$3m	US$614k	US$2b
Sep 30 2018	n/a	n/a	US$3b
Jun 30 2018	n/a	n/a	US$3b
Mar 31 2018	n/a	n/a	US$3b
Dec 31 2017	US$3m	US$564k	US$3b

Compensation vs Market: Bob's total compensation ($USD6.28M) is about average for companies of similar size in the MX market ($USD5.98M).

Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.

CEO

Bob Blue (55 yo)

3.5yrs

Tenure

US$6,278,835

Compensation

Mr. Robert M. Blue, also known as Bob, serves as Director at Associated Electric & Gas Insurance Services Limited since October 2021. He serves as President, Chief Executive Officer and Chairman at Dominio...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Robert Blue	President	3.5yrs	US$6.28m	0.022% $ 155.1m
Steven Ridge	Executive VP & CFO	1.4yrs	US$2.32m	0.0035% $ 25.4m
Diane Leopold	Executive VP & Chief Operating Officer	3.5yrs	US$4.33m	0.012% $ 84.3m
Carlos Brown	President of Dominion Energy Services	7.3yrs	US$1.89m	0.0045% $ 32.7m
Edward Baine	President of Dominion Energy Virginia	8.2yrs	US$1.91m	0.0048% $ 34.3m
Michele Cardiff	Senior VP	10yrs	no data	0.0034% $ 24.8m
David McFarland	Vice President of Investor Relations	no data	no data	no data
William Murray	Senior Vice President of Corporate Affairs & Communications	5.2yrs	no data	no data
Regina Elbert	Senior VP & Chief Human Resources Officer	2yrs	no data	no data
Daniel Weekley	President of Ohio Operations	1.3yrs	no data	no data
Phillip Blevins	President of Gas Distribution	2.3yrs	no data	0.0055% $ 39.4m
Corynne Arnett	Executive Vice President of Regulatory Affairs & Customer Experience	no data	no data	no data

3.5yrs

Average Tenure

55yo

Average Age

Experienced Management: D *'s management team is considered experienced (3.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Robert Blue	President	3.4yrs	US$6.28m	0.022% $ 155.1m
Mark Kington	Independent Director	19yrs	US$310.03k	0.011% $ 79.0m
Michael Szymanczyk	Independent Director	11.5yrs	US$310.02k	0.0090% $ 64.6m
Robert Spilman	Lead Independent Director	14.3yrs	US$335.02k	0.0038% $ 27.5m
D. Hagood	Independent Director	5.2yrs	US$285.02k	0.00044% $ 3.2m
James Bennett	Independent Director	5.2yrs	US$290.03k	0.0011% $ 7.7m
Susan Story	Independent Director	7.3yrs	US$285.03k	0.0027% $ 19.6m
Joseph Rigby	Independent Director	7.3yrs	US$312.02k	0.0010% $ 7.2m
Ronald Jibson	Independent Director	7.6yrs	US$285.02k	0.0030% $ 21.4m
Kristin Lovejoy	Independent Director	1.7yrs	US$285.02k	no data
Pamela Royal	Independent Director	11.1yrs	US$305.03k	0.0016% $ 11.8m
Paul Dabbar	Independent Director	less than a year	no data	0.00018% $ 1.3m

7.3yrs

Average Tenure

62.5yo

Average Age

Experienced Board: D *'s board of directors are considered experienced (7.3 years average tenure).

Dominion Energy Management

Management criteria checks 4/4

Key information

Recent management updates

Dominion Energy, Inc., Annual General Meeting, May 07, 2024

Dominion Energy, Inc. Announces Board Changes

Dominion Energy Promotes Steven Ridge to Chief Financial Officer

Dominion Energy, Inc. Announces Executive Changes, Effective January 1, 2024

Dominion Energy, Inc. Announces Executive Changes

Dominion Energy Announces the Promotion of Steven D. Ridge to Chief Financial Officer, Succeeding James R. Chapman

Recent updates

Dominion Energy Successfully Launches First Jones Act-Compliant Offshore Wind Turbine Installation Vessel

Dominion Energy, Inc., Annual General Meeting, May 07, 2024

Enbridge Inc. (TSX:ENB) completed the acquisition of Dominion Energy Questar Corporation from Dominion Energy, Inc. (NYSE:D).

Dominion Energy, Inc. Declares Quarterly Dividend, Payable on March 20, 2024

Dominion Energy, Inc. Announces Board Changes

Dominion Energy, Inc. Declares Quarterly Dividend, Payable on December 20, 2023

Dominion Energy Promotes Steven Ridge to Chief Financial Officer

Dominion Energy, Inc. Announces Executive Changes, Effective January 1, 2024

Enbridge Inc. (TSX:ENB) entered into an agreement to acquire membership interests in Fall West Holdco LLC from Dominion Energy, Inc. (NYSE:D) for $4.3 billion.

Enbridge Inc. (TSX:ENB) entered into an agreement to acquire Dominion Energy Questar Corporation from Dominion Energy, Inc. (NYSE:D) for $4.3 billion.

BHE GT&S, LLC completed the acquisition of 50% stake in Cove Point LNG, LP from Dominion Energy, Inc. (NYSE:D).

Dominion Energy, Inc. Provides Earnings Guidance for the Third Quarter of 2023

Dominion Energy Declares Quarterly Dividend, Payable on September 20, 2023

BHE GT&S, LLC executed an agreement to acquire a 50% stake in Cove Point LNG, LP from Dominion Energy, Inc. (NYSE:D) for $3.5 billion.

BHE GT&S, LLC executed an agreement to acquire a 50% stake in Cove Point LNG, LP from Dominion Energy, Inc. (NYSE:D) for $3.5 billion.

Dominion Energy Declares Quarterly Dividend, Payable on June 20, 2023

Dominion Energy, Inc. Provides Earnings Guidance for the Second Quarter of 2023

Full year 2022 earnings released: EPS: US$1.19 (vs US$3.19 in FY 2021)

Dominion Energy Declares Quarterly Dividend Payable on March 20, 2023

Now 40% undervalued after recent price drop

Dominion Energy, Inc. Announces Executive Changes

Upcoming dividend of US$0.67 per share

Dominion Reportedly Mulls Sale of Stake in Cove Point LNG Plant

Third quarter 2022 earnings released: EPS: US$0.91 (vs US$0.71 in 3Q 2021)

Dominion Energy Announces the Promotion of Steven D. Ridge to Chief Financial Officer, Succeeding James R. Chapman

Dominion Energy, Inc. Declares Quarterly Dividend, Payable on December 20, 2022

Dominion Energy Virginia, Office of Attorney General, Walmart, Sierra Club and Appalachian Voices File Settlement Agreement for Coastal Virginia Offshore Wind

Hearthstone Utilities Inc. completed the acquisition of Hope Gas, Inc. from Dominion Energy, Inc. (NYSE:D).

Hearthstone Utilities Inc. completed the acquisition of Hope Gas, Inc. from Dominion Energy, Inc. (NYSE:D).

Upcoming dividend of US$0.67 per share

Dominion Energy Provides Earnings Guidance for the Third Quarter and Affirms Full Year of 2022

Second quarter 2022 earnings released: US$0.58 loss per share (vs US$0.30 profit in 2Q 2021)

Dominion Energy Receives Approval from Virginia State Corporation Commission for Coastal Virginia Offshore Wind Project

Dominion Energy Declares Quarterly Dividend for Common Stock, Payable on September 20, 2022

Dominion Energy, Inc. Elects Kristin G. Lovejoy to Serve as a Director, Effective Aug. 1, 2022

Insufficient new directors

Dominion Energy, Inc. Secures Pivotal BVLOS Waiver for Power Facility Inspections Using Skydio X2

Insufficient new directors

Dominion Energy, Inc. Declares Quarterly Dividend, Payable on June 20, 2022

Dominion Energy, Inc. Provides Earnings Guidance for the Second Quarter of 2022 and Affirms Earnings Guidance for the Full Year of 2022

Insufficient new directors

Insufficient new directors

Insufficient new directors

Dominion Energy, Inc., Annual General Meeting, May 11, 2022

President recently bought Mex$5.1m worth of stock

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Hearthstone Utilities Inc. entered into an agreement to acquire Hope Gas, Inc. from Dominion Energy, Inc. for $690 million.

Dominion Energy, Inc. Declares Quarterly Dividend, Payable on March 20, 2022

Independent Director recently bought Mex$2.4m worth of stock

President recently bought Mex$5.1m worth of stock

Third quarter 2021 earnings released: EPS US$0.71 (vs US$0.39 in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.30 (vs US$0.97 in 2Q 2020)

Dominion Energy, Inc. Provides Earnings Guidance for the Third Quarter and Full Year 2021

Dominion Energy, Inc. Declares Quarterly Dividend, Payable on June 20, 2021

First quarter 2021 earnings released: EPS US$1.20 (vs US$0.61 loss in 1Q 2020)

Dominion Energy, Inc. Provides Earnings Guidance for the Second Quarter and Full Year 2021

President recently bought Mex$21m worth of stock

Southern Company Joins Five Other Energy Companies in Announcing Plans to Ensure Electric Vehicle Drivers Have Access to Seamless Network of Charging Stations Connecting Major Highway Systems Across Significant Regions of the Country

Dominion Energy, Inc., Annual General Meeting, May 05, 2021

Revenue misses expectations

Full year 2020 earnings released: EPS US$1.70 (vs US$1.66 in FY 2019)

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members