SJW Former President of CTWS David Benoit receives $7.7M in 2019

SJW reports 2019 executive compensation

By ExecPay News

Published: March 9, 2021

SJW reported fiscal year 2019 executive compensation information on March 9, 2021.
In 2019, seven SJW executives received on average a compensation package of $2.8M, a 114% increase compared to previous year.
Average pay of disclosed executives at SJW
David C. Benoit, Former President of CTWS, received $7.7M in total.
For fiscal year 2019, the median employee pay was $82,050 at SJW. Therefore, the ratio of David C. Benoit's pay to the median employee pay was 94 to one.
Andrew R. Gere, Chief Operating Officer, received a compensation package of $2.6M, which increased by 100% compared to previous year. 63% of the compensation package, or $1.7M, was of change in pension value and nonqualified deferred compensation earnings.
Eric W. Thornburg, Chief Executive Officer, earned $2.6M in 2019, a 7% decrease compared to previous year.
Maureen P. Westbrook, President of CTWS, received $2.1M in 2019.
Palle L. Jensen, Executive Vice President of San Jose Water Company, earned $1.9M in 2019, a 146% increase compared to previous year.
Suzy Papazian, General Counsel, received $1.7M in 2019, which increases by 95% compared to 2018.
James P. Lynch, Chief Financial Officer, earned $1.2M in 2019, a 37% increase compared to previous year.

Related executives

Suzy Papazian

SJW

General Counsel

Eric Thornburg

SJW

Chief Executive Officer

David Benoit

SJW

Former President of CTWS

Andrew Gere

SJW

Chief Operating Officer

Palle Jensen

SJW

Executive Vice President of San Jose Water Company

James Lynch

SJW

Chief Accounting Officer

Maureen Westbrook

SJW

President of Connecticut Water Service, Inc

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Source: SEC filing on March 9, 2021.