Dominion Energy Management

Management criteria checks 4/4

Dominion Energy's CEO is Bob Blue, appointed in Oct 2020, has a tenure of 4.08 years. total yearly compensation is $6.28M, comprised of 19.5% salary and 80.5% bonuses, including company stock and options. directly owns 0.021% of the company’s shares, worth MX$211.83M. The average tenure of the management team and the board of directors is 4.1 years and 5.8 years respectively.

Key information

Bob Blue

Chief executive officer

US$6.3m

Total compensation

CEO salary percentage	19.5%
CEO tenure	4.1yrs
CEO ownership	0.02%
Management average tenure	4.1yrs
Board average tenure	5.8yrs

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
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$6m	US$1m	US$2b
Sep 30 2023	n/a	n/a	US$2b
Jun 30 2023	n/a	n/a	US$2b
Mar 31 2023	n/a	n/a	US$349m
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 ($USD6.28M) is about average for companies of similar size in the MX market ($USD5.71M).

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

CEO

Bob Blue (56 yo)

4.1yrs

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	4.1yrs	US$6.28m	0.021% MX$ 211.8m
Steven Ridge	Executive VP & CFO	2yrs	US$2.32m	0.0035% MX$ 34.7m
Diane Leopold	Executive VP & Chief Operating Officer	4.1yrs	US$4.33m	0.012% MX$ 115.1m
Carlos Brown	President of Dominion Energy Services	7.8yrs	US$1.89m	0.0045% MX$ 44.7m
Edward Baine	President of Dominion Energy Virginia	8.8yrs	US$1.91m	0.0048% MX$ 46.9m
Michele Cardiff	Senior VP	10.6yrs	no data	0.0034% MX$ 33.9m
David McFarland	Vice President of Investor Relations	no data	no data	no data
William Murray	Senior Vice President of Corporate Affairs & Communications	5.8yrs	no data	no data
Regina Elbert	Senior VP & Chief Human Resources Officer	2.6yrs	no data	no data
Daniel Weekley	President of Ohio Operations	1.8yrs	no data	no data
Corynne Arnett	Executive Vice President of Regulatory Affairs & Customer Experience	no data	no data	no data
Mark Mitchell	Senior Vice President of Project Construction	no data	no data	no data

4.1yrs

Average Tenure

56yo

Average Age

Experienced Management: D *'s management team is considered experienced (4.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Robert Blue	President	4yrs	US$6.28m	0.021% MX$ 211.8m
Mark Kington	Independent Director	19.6yrs	US$305.02k	0.011% MX$ 108.2m
Robert Spilman	Independent Director	14.9yrs	US$335.02k	0.0042% MX$ 41.4m
D. Hagood	Independent Director	5.8yrs	US$285.02k	0.00044% MX$ 4.3m
James Bennett	Independent Director	5.8yrs	US$285.02k	0.0011% MX$ 10.5m
Susan Story	Lead Independent Director	7.8yrs	US$305.02k	0.0031% MX$ 31.0m
Joseph Rigby	Independent Director	7.8yrs	US$312.02k	0.0010% MX$ 10.0m
Kristin Lovejoy	Independent Director	2.3yrs	US$285.02k	no data
Pamela Royal	Independent Director	11.7yrs	US$307.02k	0.0020% MX$ 20.1m
Paul Dabbar	Independent Director	less than a year	US$119.74k	0.00057% MX$ 5.6m
Vanessa L. Sutherland	Independent Director	less than a year	US$119.74k	no data

5.8yrs

Average Tenure

62yo

Average Age

Experienced Board: D *'s board of directors are considered experienced (5.8 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

Third quarter 2024 earnings released: EPS: US$1.14 (vs US$0.81 in 3Q 2023)

Dominion Energy, Inc. Narrows Earnings Guidance for the Full-Year 2024 and Reaffirms Earnings Guidance for the Year 2025

Enbridge Inc. (TSX:ENB) completed the acquisition of Public Service Company of North Carolina, Incorporated from Dominion Energy, Inc. (NYSE:D).

Dominion Energy, Inc. Reaffirms Earnings Guidance for the Full-Year 2024 and 2025

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

Enbridge Inc. (TSX:ENB) completed the acquisition of Fall West Holdco LLC from Dominion Energy, Inc. (NYSE:D).

First quarter dividend of US$0.67 announced

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

First quarter 2024 earnings released: EPS: US$0.67 (vs US$1.18 in 1Q 2023)

Dominion Energy, Inc. Affirms Earnings Guidance for the Full-Year 2024 and 2025

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

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age