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 1.58 years. total yearly compensation is $11.78M, comprised of 11% salary and 89% bonuses, including company stock and options. directly owns 0.031% of the company’s shares, worth $10.33M. The average tenure of the management team and the board of directors is 5.2 years and 4.2 years respectively.
Key information
Ralph LaRossa
Chief executive officer
US$11.8m
Total compensation
| CEO salary percentage | 11.0% |
| CEO tenure | 1.6yrs |
| CEO ownership | 0.03% |
| Management average tenure | 5.2yrs |
| Board average tenure | 4.2yrs |
Recent management updates
Recent updates
Public Service Enterprise Group (NYSE:PEG) Is Due To Pay A Dividend Of $0.60
Apr 25
Little Excitement Around Public Service Enterprise Group Incorporated's (NYSE:PEG) Earnings
Apr 12A Look At The Intrinsic Value Of Public Service Enterprise Group Incorporated (NYSE:PEG)
Mar 15Public Service Enterprise Group's (NYSE:PEG) Upcoming Dividend Will Be Larger Than Last Year's
Feb 28Public Service Enterprise Group (NYSE:PEG) Shareholders Will Want The ROCE Trajectory To Continue
Feb 20Is Public Service Enterprise Group (NYSE:PEG) Using Too Much Debt?
Feb 05Public Service Enterprise Group Incorporated's (NYSE:PEG) Share Price Is Matching Sentiment Around Its Earnings
Jan 03Public Service Enterprise Group: A Deserved Valuation Premium, But Shares Near Fair Value
Nov 28Public Service Enterprise Group (NYSE:PEG) Has Announced A Dividend Of $0.57
Nov 24With EPS Growth And More, Public Service Enterprise Group (NYSE:PEG) Makes An Interesting Case
Nov 14Does Public Service Enterprise Group (NYSE:PEG) Have A Healthy Balance Sheet?
Nov 01Public Service Enterprise Group (NYSE:PEG) Shareholders Will Want The ROCE Trajectory To Continue
Oct 17Estimating The Fair Value Of Public Service Enterprise Group Incorporated (NYSE:PEG)
Sep 14Public Service Enterprise: Pension Expense Out Of The Way, 2 More Uncertainties To Clear
Sep 11Public Service Enterprise: Slow And Steady Revenue Growth, But A High Valuation
Aug 02These 4 Measures Indicate That Public Service Enterprise Group (NYSE:PEG) Is Using Debt Extensively
Jul 27We Like These Underlying Return On Capital Trends At Public Service Enterprise Group (NYSE:PEG)
Jul 12Does This Valuation Of Public Service Enterprise Group Incorporated (NYSE:PEG) Imply Investors Are Overpaying?
Jun 08Public Service Enterprise Group: Good Play For Uncertain Times, But Expensive
May 25Is Public Service Enterprise Group (NYSE:PEG) A Risky Investment?
Apr 17Public Service Enterprise Group (NYSE:PEG) Has Some Difficulty Using Its Capital Effectively
Mar 31Public Service beats Q4 top and bottom line estimates; narrows FY23 outlook
Feb 21Is Public Service Enterprise Group Incorporated (NYSE:PEG) Worth US$62.2 Based On Its Intrinsic Value?
Feb 21Public Service raises dividend by 5.6% to $0.57/share
Feb 14Does Public Service Enterprise Group (NYSE:PEG) Have A Healthy Balance Sheet?
Dec 26Public Service Enterprise Group: Price Almost Warrants A Thesis Change (Rating Downgrade)
Dec 14Investors Could Be Concerned With Public Service Enterprise Group's (NYSE:PEG) Returns On Capital
Dec 08Public Service declares $0.54 dividend
Nov 14Public Service Q3 2022 Earnings Preview
Oct 28Public Service Enterprise Group Incorporated's (NYSE:PEG) Intrinsic Value Is Potentially 36% Above Its Share Price
Oct 04Public Service Enterprise Group Is Still Worth A Look
Sep 29Does Public Service Enterprise Group (NYSE:PEG) Have A Healthy Balance Sheet?
Sep 13PSEG names new CEO
Sep 01Here's What's Concerning About Public Service Enterprise Group's (NYSE:PEG) Returns On Capital
Aug 23Public Service Non-GAAP EPS of $0.64 in-line, revenue of $2.08B beats by $300M, re-affirms FY earning guidance
Aug 02Public Service declares $0.54 dividend
Jul 19Public Service Enterprise Group: Good Renewable Opportunities But Pricey
Jul 11Estimating The Intrinsic Value Of Public Service Enterprise Group Incorporated (NYSE:PEG)
Jun 21Is Public Service Enterprise Group (NYSE:PEG) A Risky Investment?
May 26Investors Could Be Concerned With Public Service Enterprise Group's (NYSE:PEG) Returns On Capital
May 04I Want Public Service Enterprise - Just Not At This Price
Apr 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 |
| Sep 30 2018 | n/a | n/a | US$2b |
| Jun 30 2018 | n/a | n/a | US$2b |
| Mar 31 2018 | n/a | n/a | US$2b |
| Dec 31 2017 | US$3m | US$705k | US$2b |
Compensation vs Market: Ralph's total compensation ($USD11.78M) is about average for companies of similar size in the US market ($USD13.53M).
Compensation vs Earnings: Ralph's compensation has increased by more than 20% in the past year.
CEO
Ralph LaRossa (60 yo)
1.6yrs
Tenure
US$11,778,863
Compensation
Mr. Ralph A. LaRossa serves as Chief Executive Officer and President of Public Service Enterprise Group Incorporated since September 01, 2022 and serves as Chair of the Board since January 1, 2023 and serv...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chair, President & CEO | 1.6yrs | US$11.78m | 0.031% $ 10.3m | |
| Executive VP & CFO | 8.5yrs | US$5.85m | 0.036% $ 12.1m | |
| Executive VP & General Counsel | 9.8yrs | US$3.26m | 0.017% $ 5.8m | |
| President & COO of Public Service Electric & Gas | 2.8yrs | US$3.12m | 0.014% $ 4.8m | |
| Senior VP and Chief Information & Digital Officer | 3.7yrs | no data | no data | |
| Vice President of Investor Relations | 5.8yrs | no data | no data | |
| Senior Vice President of Audit | 2.3yrs | no data | no data | |
| Vice President of Corporate Communications | 6.7yrs | no data | no data | |
| Senior VP of Human Resources | 4.6yrs | no data | 0.0059% $ 2.0m | |
| Senior Vice President of Corporate Citizenship | 5.8yrs | no data | 0.0062% $ 2.1m | |
| VP, Deputy General Counsel & Chief Litigation Counsel | 3.8yrs | no data | no data | |
| President of Energy Resources & Trade - ER&T | 13.3yrs | no data | no data |
5.2yrs
Average Tenure
59yo
Average Age
Experienced Management: PEG's management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chair, President & CEO | 1.6yrs | US$11.78m | 0.031% $ 10.3m | |
| Independent Director | 4.2yrs | US$330.16k | 0% $ 0 | |
| Independent Lead Director | 12yrs | US$340.16k | 0% $ 0 | |
| Independent Director | 4.4yrs | US$337.66k | 0.00035% $ 118.3k | |
| Independent Director | 5.3yrs | US$325.16k | 0.000040% $ 13.5k | |
| Independent Director | 8.2yrs | US$332.66k | 0.00054% $ 182.6k | |
| Independent Director | less than a year | US$135.01k | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 6.2yrs | US$337.66k | 0% $ 0 | |
| Independent Director | 2yrs | US$300.16k | 0% $ 0 | |
| Independent Director | 2yrs | US$311.13k | 0% $ 0 |
4.2yrs
Average Tenure
66yo
Average Age
Experienced Board: PEG's board of directors are considered experienced (4.2 years average tenure).