PNM Resources Management

Management criteria checks 4/4

PNM Resources' CEO is Pat Vincent-Collawn, appointed in Mar 2010, has a tenure of 14.08 years. total yearly compensation is $6.60M, comprised of 15.2% salary and 84.8% bonuses, including company stock and options. directly owns 0.78% of the company’s shares, worth $25.89M. The average tenure of the management team and the board of directors is 3.3 years and 9.9 years respectively.

Key information

Pat Vincent-Collawn

Chief executive officer

US$6.6m

Total compensation

CEO salary percentage15.2%
CEO tenure14.1yrs
CEO ownership0.8%
Management average tenure3.3yrs
Board average tenure9.9yrs

Recent management updates

Recent updates

PNM Resources (NYSE:PNM) Has Announced A Dividend Of $0.3875

Apr 19
PNM Resources (NYSE:PNM) Has Announced A Dividend Of $0.3875

PNM Resources: Medium Term Growth Potential But Less Financial Flexibility

Apr 07

PNM Resources (NYSE:PNM) Is Due To Pay A Dividend Of $0.3875

Apr 03
PNM Resources (NYSE:PNM) Is Due To Pay A Dividend Of $0.3875

PNM Resources: No Merger, No Thank You

Jan 12

PNM Resources (NYSE:PNM) Will Pay A Larger Dividend Than Last Year At $0.3875

Jan 02
PNM Resources (NYSE:PNM) Will Pay A Larger Dividend Than Last Year At $0.3875

PNM Resources (NYSE:PNM) Will Pay A Larger Dividend Than Last Year At $0.3875

Dec 12
PNM Resources (NYSE:PNM) Will Pay A Larger Dividend Than Last Year At $0.3875

Is PNM Resources (NYSE:PNM) Using Too Much Debt?

Dec 07
Is PNM Resources (NYSE:PNM) Using Too Much Debt?

Returns On Capital At PNM Resources (NYSE:PNM) Have Stalled

Oct 27
Returns On Capital At PNM Resources (NYSE:PNM) Have Stalled

PNM Resources: Exciting Initiatives Is Boosting The Bottom Line

Sep 30

PNM Resources: Debate Hinges On Merger, Economic Value Absent Either Way

Sep 23

Calculating The Fair Value Of PNM Resources, Inc. (NYSE:PNM)

Sep 18
Calculating The Fair Value Of PNM Resources, Inc. (NYSE:PNM)

PNM Resources (NYSE:PNM) Has A Somewhat Strained Balance Sheet

Aug 23
PNM Resources (NYSE:PNM) Has A Somewhat Strained Balance Sheet

PNM Resources: High Valuation, Uncertain Backup Plan

Jun 14

PNM Resources (NYSE:PNM) Ticks All The Boxes When It Comes To Earnings Growth

May 20
PNM Resources (NYSE:PNM) Ticks All The Boxes When It Comes To Earnings Growth

Here's What To Make Of PNM Resources' (NYSE:PNM) Decelerating Rates Of Return

May 01
Here's What To Make Of PNM Resources' (NYSE:PNM) Decelerating Rates Of Return

PNM Resources' (NYSE:PNM) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 05
PNM Resources' (NYSE:PNM) Shareholders Will Receive A Bigger Dividend Than Last Year

PNM Resources beats FY top and bottom line estimates; narrows FY23 outlook

Feb 24

PNM Resources cut to Neutral at Mizuho on likelihood of Avangrid deal close

Jan 09

PNM Resources' (NYSE:PNM) Upcoming Dividend Will Be Larger Than Last Year's

Jan 02
PNM Resources' (NYSE:PNM) Upcoming Dividend Will Be Larger Than Last Year's

PNM Resources reports Q3 earnings beat; raises FY22 and reaffirms FY23 guidance

Nov 04

PNM Resources declares $0.3475 dividend

Sep 16

PNM Resources Non-GAAP EPS of $0.57 beats by $0.04, revenue of $499.73M beats by $54.37M, affirms FY earning guidance

Aug 04

PNM Resources: Avangrid Merger Is Likely To Close

Jul 04

PNM Resources: Renewables Path Uncertain But Don't Bet On Merger

Feb 08

Avangrid-PNM merger deal wins OK from Nuclear Regulatory Commission

May 26

PNM Resources reports Q1 results

Apr 30

Does PNM Resources (NYSE:PNM) Have A Healthy Balance Sheet?

Mar 12
Does PNM Resources (NYSE:PNM) Have A Healthy Balance Sheet?

Does PNM Resources' (NYSE:PNM) Statutory Profit Adequately Reflect Its Underlying Profit?

Feb 03
Does PNM Resources' (NYSE:PNM) Statutory Profit Adequately Reflect Its Underlying Profit?

CEO Compensation Analysis

How has Pat Vincent-Collawn's remuneration changed compared to PNM Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

US$88m

Sep 30 2023n/an/a

US$154m

Jun 30 2023n/an/a

US$238m

Mar 31 2023n/an/a

US$209m

Dec 31 2022US$7mUS$1m

US$170m

Sep 30 2022n/an/a

US$165m

Jun 30 2022n/an/a

US$156m

Mar 31 2022n/an/a

US$194m

Dec 31 2021US$6mUS$958k

US$196m

Sep 30 2021n/an/a

US$193m

Jun 30 2021n/an/a

US$202m

Mar 31 2021n/an/a

US$206m

Dec 31 2020US$8mUS$952k

US$173m

Sep 30 2020n/an/a

US$196m

Jun 30 2020n/an/a

US$177m

Mar 31 2020n/an/a

US$43m

Dec 31 2019US$5mUS$891k

US$77m

Sep 30 2019n/an/a

-US$10m

Jun 30 2019n/an/a

-US$25m

Mar 31 2019n/an/a

US$89m

Dec 31 2018US$5mUS$854k

US$86m

Sep 30 2018n/an/a

US$86m

Jun 30 2018n/an/a

US$73m

Mar 31 2018n/an/a

US$72m

Dec 31 2017US$4mUS$818k

US$80m

Compensation vs Market: Pat's total compensation ($USD6.60M) is about average for companies of similar size in the US market ($USD6.66M).

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


CEO

Pat Vincent-Collawn (64 yo)

14.1yrs

Tenure

US$6,596,575

Compensation

Ms. Patricia K. Vincent-Collawn, also known as Pat, has been the Chief Executive Officer of PNM Resources, Inc. since March 1, 2010 and had been its President since August 11, 2008 until May 2022. Ms. Vinc...


Leadership Team

NamePositionTenureCompensationOwnership
Patricia Vincent-Collawn
Chairman & CEO14.1yrsUS$6.60m0.78%
$ 25.9m
Joseph Tarry
President & COO1.9yrsUS$1.59m0.035%
$ 1.2m
Elisabeth Eden
Senior VP3.2yrsUS$934.92k0.021%
$ 709.7k
Patrick Apodaca
Senior VP14.3yrsUS$1.07m0.10%
$ 3.3m
Gerald Bischoff
Principal Accounting Officerless than a yearno data0.00060%
$ 19.8k
Michael Mertz
VP & Chief Information Officer3.3yrsno datano data
Lisa Goodman
Director of Investor Relationsno datano datano data
Rebecca Teague
Vice President of Human Resources4.3yrsno datano data

3.3yrs

Average Tenure

60yo

Average Age

Experienced Management: PNM's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Patricia Vincent-Collawn
Chairman & CEO14.1yrsUS$6.60m0.78%
$ 25.9m
Maureen Mullarkey
Independent Director9.9yrsUS$232.50k0.017%
$ 553.1k
Donald Schwanz
Independent Director15.8yrsUS$220.00k0.052%
$ 1.7m
Sidney Gutierrez
Independent Director8.9yrsUS$220.00k0.023%
$ 748.3k
James Hughes
Independent Director5.3yrsUS$220.00k0.0092%
$ 304.1k
Alan Fohrer
Independent Director12.1yrsUS$235.00k0.027%
$ 879.4k
E. Conley
Independent Director9.9yrsUS$235.00k0.025%
$ 831.8k
Vicky Bailey
Independent Director5.3yrsUS$232.50k0.012%
$ 385.4k
Norman Becker
Lead Independent Director7.9yrsUS$250.00k0.024%
$ 784.0k

9.9yrs

Average Tenure

67yo

Average Age

Experienced Board: PNM's board of directors are considered experienced (9.9 years average tenure).


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.