Avangrid CEO James Torgerson's 2019 pay falls 60% to $2.3M
Avangrid reports 2019 executive compensation
By ExecPay News
Published: April 28, 2020
Avangrid reported fiscal year 2019 executive compensation information on April 28, 2020.
In 2019, six Avangrid executives received on average a compensation package of $1.5M, a 38% decrease compared to previous year.
Average pay of disclosed executives at Avangrid
James P Torgerson, Chief Executive Officer, received $2.3M in total, which decreased by 60% compared to 2018. 53% of Torgerson's compensation, or $1.2M, was in salary. Torgerson also received $862K in non-equity incentive plan and $201K in other compensation.
Anthony Marone III, Chief Executive Officer, received a compensation package of $1.9M. 63% of the compensation package, or $1.2M, was of change in pension value and nonqualified deferred compensation earnings.
Robert D Kump, Chief Executive Officer, earned $1.6M in 2019, a 24% decrease compared to previous year.
R. Scott Mahoney, General Counsel, received $1.5M in 2019, which increases by 34% compared to 2018.
Laura Beane, Chief Executive Officer, earned $1M in 2019.
Douglas Stuver, Chief Financial Officer, received $702K in 2019, which increases by 4% compared to 2018.
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Source: SEC filing on April 28, 2020.