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 2.25 years. total yearly compensation is $11.78M, comprised of 11% salary and 89% bonuses, including company stock and options. directly owns 0.029% of the company’s shares, worth $12.38M. The average tenure of the management team and the board of directors is 5.8 years and 4.8 years respectively.
Key information
Ralph LaRossa
Chief executive officer
US$11.8m
Total compensation
| CEO salary percentage | 11.0% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.03% |
| Management average tenure | 5.8yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
Is Public Service Enterprise Group Incorporated (NYSE:PEG) Expensive For A Reason? A Look At Its Intrinsic Value
Dec 20
Here's Why Public Service Enterprise Group (NYSE:PEG) Is Weighed Down By Its Debt Load
Dec 07Public Service Enterprise Group (NYSE:PEG) Is Due To Pay A Dividend Of $0.60
Nov 22PEG: Positioned To Profit From AI And Nuclear Power
Nov 07Results: Public Service Enterprise Group Incorporated Exceeded Expectations And The Consensus Has Updated Its Estimates
Nov 07Here's What To Make Of Public Service Enterprise Group's (NYSE:PEG) Decelerating Rates Of Return
Oct 14Here's Why Public Service Enterprise Group (NYSE:PEG) Is Weighed Down By Its Debt Load
Aug 20Public Service Enterprise Group Incorporated (NYSE:PEG) Shares Could Be 41% Below Their Intrinsic Value Estimate
Aug 03Public Service Enterprise Group: Revisiting The Growth Thesis
Jul 21Public Service Enterprise Group (NYSE:PEG) Is Due To Pay A Dividend Of $0.60
Jul 19Public Service Enterprise Group Incorporated's (NYSE:PEG) Price Is Out Of Tune With Earnings
Jul 11Here's What To Make Of Public Service Enterprise Group's (NYSE:PEG) Decelerating Rates Of Return
Jun 05Public Service Enterprise Group Incorporated Just Missed Earnings - But Analysts Have Updated Their Models
May 03Public Service Enterprise Group (NYSE:PEG) Is Due To Pay A Dividend Of $0.60
Apr 25Little 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: 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 02Public Service Enterprise Group: Good Play For Uncertain Times, But Expensive
May 25Public Service beats Q4 top and bottom line estimates; narrows FY23 outlook
Feb 21Public Service raises dividend by 5.6% to $0.57/share
Feb 14Public Service Enterprise Group: Price Almost Warrants A Thesis Change (Rating Downgrade)
Dec 14Public Service declares $0.54 dividend
Nov 14Public Service Q3 2022 Earnings Preview
Oct 28Public Service Enterprise Group Is Still Worth A Look
Sep 29CEO 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$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 |
| 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 ($USD12.88M).
Compensation vs Earnings: Ralph's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Ralph LaRossa (61 yo)
2.3yrs
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 | 2.3yrs | US$11.78m | 0.029% $ 12.4m | |
| Executive VP & CFO | 9.2yrs | US$5.85m | 0.036% $ 15.2m | |
| Executive VP & Chief Legal Officer | 10.4yrs | US$3.26m | 0.0097% $ 4.1m | |
| President & COO of Public Service Electric & Gas | 3.5yrs | US$3.12m | 0.014% $ 6.0m | |
| Senior VP and Chief Information & Digital Officer | 4.3yrs | no data | no data | |
| Vice President of Investor Relations | 6.5yrs | no data | no data | |
| Senior Vice President of Audit | 3yrs | no data | no data | |
| Vice President of Corporate Communications | 7.3yrs | no data | no data | |
| Senior VP of Human Resources | 5.3yrs | no data | 0.0059% $ 2.5m | |
| Senior Vice President of Corporate Citizenship | 6.4yrs | no data | 0.0052% $ 2.2m | |
| Executive VP & General Counsel | 4.4yrs | no data | 0.0012% $ 508.5k | |
| President of Energy Resources & Trade - ER&T | 13.9yrs | no data | no data |
5.8yrs
Average Tenure
60yo
Average Age
Experienced Management: PEG's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chair, President & CEO | 2.3yrs | US$11.78m | 0.029% $ 12.4m | |
| Independent Director | 4.8yrs | US$330.16k | no data | |
| Independent Lead Director | 12.7yrs | US$340.16k | no data | |
| Independent Director | 5.1yrs | US$337.66k | 0.00035% $ 148.3k | |
| Independent Director | 5.9yrs | US$325.16k | 0.000040% $ 17.0k | |
| Independent Director | 8.8yrs | US$332.66k | 0.0011% $ 483.1k | |
| Independent Director | 1.3yrs | US$135.01k | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 6.8yrs | US$337.66k | no data | |
| Independent Director | 2.7yrs | US$300.16k | no data | |
| Independent Director | 2.7yrs | US$311.13k | no data |
4.8yrs
Average Tenure
67yo
Average Age
Experienced Board: PEG's board of directors are considered experienced (4.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:45 |
| End of Day Share Price | 2024/12/20 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 |
| |
| Management | 10 years |
| |
| 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
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 |
| Nicholas Campanella | Barclays |