Avangrid CEO Dennis Arriola's 2021 pay jumps 681% to $14M
Avangrid reports 2021 executive compensation
By ExecPay News
Published: June 2, 2022
Avangrid reported fiscal year 2021 executive compensation information on June 2, 2022.
In 2021, five Avangrid executives received on average a compensation package of $5.5M, a 178% increase compared to previous year.
Average pay of disclosed executives at Avangrid
Dennis V. Arriola, Chief Executive Officer, received $14M in total, which increased by 681% compared to 2020. 72% of Arriola's compensation, or $10M, was in stock awards. Arriola also received $1M in bonus, $1.4M in non-equity incentive plan, $1.1M in salary, as well as $370K in other compensation.
For fiscal year 2021, the median employee pay was $134,891 at Avangrid. Therefore, the ratio of Dennis V. Arriola's pay to the median employee pay was 103 to one.
Robert D Kump, Chief Executive Officer, received a compensation package of $4.4M, which increased by 208% compared to previous year. 68% of the compensation package, or $3M, was in stock awards.
Catherine Stempien, Chief Executive Officer, earned $4.1M in 2021.
R. Scott Mahoney, General Counsel, received $2.8M in 2021, which increases by 7% compared to 2020.
Douglas Stuver, Chief Financial Officer, earned $2.2M in 2021, a 77% increase compared to previous year.
Related executives
You may also like
Source: SEC filing on June 2, 2022.