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.
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.
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Palle Jensen
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