DTE Energy Management
Management criteria checks 4/4
DTE Energy's CEO is Jerry Norcia, appointed in Jul 2019, has a tenure of 5.42 years. total yearly compensation is $10.28M, comprised of 13% salary and 87% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth $38.57M. The average tenure of the management team and the board of directors is 6.2 years and 9.5 years respectively.
Key information
Jerry Norcia
Chief executive officer
US$10.3m
Total compensation
| CEO salary percentage | 13.0% |
| CEO tenure | 5.4yrs |
| CEO ownership | 0.2% |
| Management average tenure | 6.2yrs |
| Board average tenure | 9.5yrs |
Recent management updates
Recent updates
DTE Energy: Buy Now After The Recent Dividend Hike
Dec 14DTE Energy (NYSE:DTE) Will Pay A Larger Dividend Than Last Year At $1.09
Dec 07
Is DTE Energy (NYSE:DTE) A Risky Investment?
Nov 21Is Now The Time To Put DTE Energy (NYSE:DTE) On Your Watchlist?
Oct 07DTE Energy: This Great Utility Remains Buyable Now
Sep 26Estimating The Fair Value Of DTE Energy Company (NYSE:DTE)
Sep 23Risks To Shareholder Returns Are Elevated At These Prices For DTE Energy Company (NYSE:DTE)
Sep 09DTE Energy Company Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Jul 28DTE Energy: Buy This Dividend Grower On Sale Now
Jul 18DTE Energy Company's (NYSE:DTE) P/E Still Appears To Be Reasonable
Jun 07Estimating The Fair Value Of DTE Energy Company (NYSE:DTE)
May 24DTE Energy: Common Shares Are Overvalued, Consider The High-Yield Baby Bonds Instead
May 13Does DTE Energy (NYSE:DTE) Have A Healthy Balance Sheet?
May 11We think DTE Energy Company's (NYSE:DTE) CEO May Struggle To See Much Of A Pay Rise This Year
Apr 26DTE Energy: A Much-Improved Growth Story With A Better Valuation (Rating Upgrade)
Apr 16DTE Energy's (NYSE:DTE) Dividend Will Be $1.02
Mar 10DTE Energy (NYSE:DTE) Strong Profits May Be Masking Some Underlying Issues
Feb 15DTE Energy (NYSE:DTE) Has Announced A Dividend Of $1.02
Feb 05DTE Energy Company's (NYSE:DTE) Share Price Could Signal Some Risk
Jan 29Calculating The Fair Value Of DTE Energy Company (NYSE:DTE)
Jan 08DTE Energy: Delivering To Shareholders
Dec 22DTE Energy Company Should Keep Growing In 2024
Dec 14DTE Energy: Valuation Has Improved Compared To Peers, Presenting Opportunity
Oct 13DTE Energy: Adversely Impacted By Cooler Temperatures, But Remains Stable Overall
Aug 07DTE Energy Is Offering A Nearly 8-Year High Dividend Yield Of 3.6%
May 26DTE Energy Q4 2022 Earnings Preview
Feb 22DTE Energy declares $0.9525 dividend
Nov 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$2b |
| Jun 30 2024 | n/a | n/a | US$1b |
| Mar 31 2024 | n/a | n/a | US$1b |
| Dec 31 2023 | US$10m | US$1m | US$1b |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$1b |
| Mar 31 2023 | n/a | n/a | US$1b |
| Dec 31 2022 | US$10m | US$1m | US$1b |
| Sep 30 2022 | n/a | n/a | US$1b |
| Jun 30 2022 | n/a | n/a | US$788m |
| Mar 31 2022 | n/a | n/a | US$873m |
| Dec 31 2021 | US$11m | US$1m | US$794m |
| Sep 30 2021 | n/a | n/a | US$704m |
| Jun 30 2021 | n/a | n/a | US$1b |
| Mar 31 2021 | n/a | n/a | US$1b |
| Dec 31 2020 | US$11m | US$1m | US$1b |
| Sep 30 2020 | n/a | n/a | US$1b |
| Jun 30 2020 | n/a | n/a | US$1b |
| Mar 31 2020 | n/a | n/a | US$1b |
| Dec 31 2019 | US$8m | US$1m | US$953m |
| 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$1b |
| Dec 31 2018 | US$5m | US$827k | US$1b |
| Sep 30 2018 | n/a | n/a | US$1b |
| Jun 30 2018 | n/a | n/a | US$1b |
| Mar 31 2018 | n/a | n/a | US$1b |
| Dec 31 2017 | US$5m | US$730k | US$1b |
Compensation vs Market: Jerry's total compensation ($USD10.28M) is about average for companies of similar size in the US market ($USD12.63M).
Compensation vs Earnings: Jerry's compensation has been consistent with company performance over the past year.
CEO
Jerry Norcia (61 yo)
5.4yrs
Tenure
US$10,278,098
Compensation
Mr. Gerardo Norcia, also known as Jerry, serves as Chief Executive Officer of DTE Energy Company since July 01, 2019 and serves as its Director since 2019 and as its Chairman since May 05, 2022 and was its...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 5.4yrs | US$10.28m | 0.15% $ 38.6m | |
| Vice Chairman & Group President | no data | US$2.80m | 0.030% $ 7.6m | |
| Executive VP & CFO | 4.6yrs | US$3.59m | 0.032% $ 7.9m | |
| Senior VP & Chief Legal Officer | 5.2yrs | US$2.37m | 0.0069% $ 1.7m | |
| President of DTE Vantage & Energy Trading | 11yrs | US$2.70m | 0.024% $ 6.1m | |
| President & COO | 1.4yrs | no data | 0.011% $ 2.8m | |
| Chief Accounting Officer | no data | no data | 0.0021% $ 517.4k | |
| Vice President of Distribution Engineering & Technology | no data | no data | no data | |
| Chief Information Officer & VP | 13.5yrs | no data | no data | |
| Director - Investor Relations | no data | no data | no data | |
| Senior Vice President of Corporate Communications | 9.7yrs | no data | no data | |
| Senior VP of Human Resources and Chief Diversity | 6.9yrs | no data | no data |
6.2yrs
Average Tenure
60yo
Average Age
Experienced Management: DTE's management team is seasoned and experienced (6.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 5.9yrs | US$10.28m | 0.15% $ 38.6m | |
| Independent Director | 18.5yrs | US$285.49k | 0.00097% $ 242.5k | |
| Independent Director | 14.5yrs | US$290.49k | 0.0019% $ 484.9k | |
| Independent Director | 12.8yrs | US$288.83k | 0.00048% $ 120.0k | |
| Independent Director | 21.5yrs | US$290.49k | no data | |
| Independent Director | 7.4yrs | US$270.31k | 0.00051% $ 127.5k | |
| Independent Director | 5.5yrs | US$275.31k | 0.0020% $ 502.4k | |
| Lead Independent Director | 15.7yrs | US$297.97k | 0.00048% $ 120.0k | |
| Independent Director | 11.5yrs | US$285.31k | 0.0010% $ 250.0k | |
| Independent Director | less than a year | US$118.42k | 0.00051% $ 127.5k | |
| Independent Director | 6.6yrs | US$286.81k | 0.0019% $ 484.9k | |
| Independent Director | 1.5yrs | US$176.77k | 0.00048% $ 120.0k |
9.5yrs
Average Tenure
68yo
Average Age
Experienced Board: DTE's board of directors are considered experienced (9.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 23:07 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
DTE Energy Company is covered by 33 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 |
|---|---|
| Jacob Kilstein | Argus Research Company |
| Nicholas Campanella | Barclays |
| Daniel Ford | Barclays |