DTE Electric President Trevor Lauer received $637,000 in incentive compensation last year, about $90,000 of which was tied to achieving the coal metric. Executive Board Chairman. Jeffrey W. Martin Alan L. Boeckmann Andrés Conesa Maria Contreras-Sweet We invite you to attend the annual meeting of DTE Energy Company. In his current role, he oversees finance and. The DTE Energy Board of Directors Code of Business Conduct and Ethics, the Officer Code of Business Conduct and Ethics and the DTE Energy Way are the standards of behavior for Company directors, officers and employees. She currently serves as Director, Michigan Programs, for the W.K. The Public Policy and Responsibility Committee (PPRC) of the DTE Energy Board of Directors is responsible for reviewing and advising the Board on emerging social, economic, political, reputational and environmental issues that could significantly affect the Company's business and performance in relation to the . This issue was submitted by DTE Energy in January 2020. . It is likely that certain items that impact the company's 2021 reported results will be excluded from operating results. . For the 2017 to 2019 performance period, Exelon executives also achieved the net income target of $1.7 billion (actual $1.9 billion), and the FFO/debt ratio target range of 18% to 22% (actual 19.6%). 75% of employees would recommend working at DTE Energy to a friend and 75% have a positive outlook for the business. Governance Committee will periodically review directors' fees and other compensation and recommend . . . In this role, […] DTE ENERGY 2020 PROXY STATEMENT 1 • We have a Lead Independent Director, elected by the independent members of the Board. Mr. Hockema served as Chief Executive Officer from October 2001 and as Chairman of the Board of Directors from July 2006 until he was named Executive Chairman in July 2020. The new annualized dividend per share is $4.34, up from $4.05. Box 26532 Richmond, Virginia, 23261 Bethany J. Mayer has been a director since June 2019, previously serving on Sempra's Board of Directors from February 2017 through November 2018. Executed NiSource's separation of Columbia Pipeline Group, Inc. and Columbia Pipeline Partners. David J. Lesar has been a director since May 2020 and President and Chief Executive Officer of CenterPoint Energy since July 2020. Mr. Earley joined DTE Energy in 1994 as President and Chief Operating Officer. At DTE Energy, we are committed to operating in an ethical, legal, environmentally sensitive and socially responsible manner, while creating long-term value for our shareholders. Our Board of Directors (the "Board") evaluates our Company's and executives' performance based upon goals that align with this system of priorities, and we will refer to this system of priorities as we discuss DTE Energy's performance and our compensation programs throughout this proxy statement. Several of the subcommittee members who developed DTE's package are former utility industry executives, according to the Energy and Policy Institute . . DTE Energy has an overall rating of 4.0 out of 5, based on over 874 reviews left anonymously by employees. DTE Energy director since 2017; Team, Inc. director; past chairman of the American Gas . He also served as Chairman of the Board, President and Chief Executive Officer since September 12, 2011 and before that . (formerly IR089) Phase. Gerard M. Anderson. The DT Midstream Board will consist of seven directors, including five independent directors: Robert Skaggs, Jr., executive . DTE ENERGY CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. . Our Chairman and Chief Executive Officer's ("CEO") total compensation shows strong pay-for-performance alignment with growth in long-term shareholder value creation. DTE Energy expects that the spin-off will be completed in July 2021. Robert Skaggs, Jr. 35+ years of experience in natural gas industry, including leading companies in the midstream, pipeline and regulated utility sectors. Meg Ann Divitto Director Robert M. Hanser Director Joseph M. Holsten Chair Emeritus Blythe J. McGarvie Director John William Mendel Director Jody Greenstone Miller Director Guhan Subramanian Chairman of the Board Xavier Urbain Director Jake Welch Director Dominick Zarcone Mr. Earley joined DTE Energy in 1994 as President and Chief Operating Officer. DTY. giovanna masterchef 2017 where are they now cockalier puppies for sale in virginia jeunesse lawsuit 2020 0 Comments . DTE ELECTRIC CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Skaggs also currently serves as an independent director on the board of DTE Energy, where he has been a director since 2017, and is a member of its nuclear oversight, organization and compensation . Exelon Corporation. Several of the subcommittee members who developed DTE's package are former utility industry executives, according to the Energy and Policy Institute. DETROIT, May 07, 2021 (GLOBE NEWSWIRE) -- DTE Energy (NYSE: DTE) today announced the composition of the Board of Directors for DT Midstream, the new independent, publicly traded company that is. This continues DTE Energy's consistent dividend history, having issued a cash dividend for more than 100 years. On October 27, 2020, DTE Energy announced that its Board of Directors had authorized management to pursue a plan to spin-off the DTE Midstream business, reflecting a shift in strategy to a predominantly pure-play utility. Our Board of Directors helps to hold us accountable to our shareholders by overseeing our business and strategy and helping ensure we maintain a high standard of integrity and ethics. On January 27, 2021, the Organization and Compensation Committee (the O&C Committee) of the Board of Directors of DTE Energy Company (DTE Energy or the Company) approved 2021 performance measures, weightings and metrics under the Company's Annual Incentive Plan (AIP). DTE board members are also handsomely compensated. DTE ENERGY CO Proxy Statement (definitive) (DEF 14A) . DTE is one of the nation's largest diversified energy companies. This is a 7% increase from the previous quarterly dividend of $1.0125 per share. this aspiration. The Company's Board of Directors (the "Board") is authorized to amend the Plan. Your understanding of our executive compensation program is important to us. In addition to the four nominees who are incumbent directors — John E. Lobbia, Eugene A. Miller, Charles W. Pryor, Jr. and Ruth G. Shaw — the Board has nominated Gerard M. Anderson, the Company's President and Chief Operating Officer, to stand for election as a director for a term expiring in 2012. The Public Policy and Responsibility Committee (PPRC) of the DTE Energy Board of Directors is responsible for reviewing and advising the Board on emerging social, economic, political, reputational and environmental issues that could significantly affect the Company's business and performance in relation to the . (2)Shares of phantom stock are acquired as follows: (a) by non-employee directors (i) as compensation under the DTE Energy . Kellogg Foundation, an international $7.5 billion endowed private foundation. As a member of Board of Directors at DTE ENERGY CO , James H. Vandenberghe made $271,994 in total compensation. We found that CEO compensation at these 19 companies totaled over $764 million between 2017 and 2019, with the highest-paid CEO in the group, Southern Company's Thomas A. Fanning, receiving nearly $28 million in 2019. View detailed DTE description & address. Chicago, IL 60603. Shareholders can communicate with the Chairman of the Corporate Governance Committee or with the independent directors as a group by writing to them c/o: Gayle Littleton, Executive Vice President, General Counsel. Beaumont Health's Board of Directors has appointed two new members to help guide and lead the organization: Faye Nelson and Linda Little, RN. The foundation of our governance practices begins at the top, with the DTE Energy Board of Directors Mission and Guidelines ("Governance Guidelines"). In response to ongoing public health concerns related to the COVID-19 pandemic, and to protect the health and safety of shareholders and other meeting participants, our 2022 annual meeting will be . As a result, Crane received $11 million under the total long-term incentive plan in performance shares and restricted stock units. Mr. Berard holds a PhD in economics from the University of Grenoble. THE BOARD OF DIRECTORS RECOMMENDS A VOTE "FOR" THE PROPOSAL TO RATIFY THE APPOINTMENT OF THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM. 04/21/2022. Bottom left to right: Chris Crane, Exelon; Pedro Pizarro, Edison International ). Several of the subcommittee members who developed DTE's package are former utility industry executives, according to the Energy and Policy Institute. [Continue Reading] Farmington Hills, MI - The Amerisure Companies announce the election of David E. Meador to the board of directors of Amerisure Mutual Holdings, Inc. and the Amerisure Companies effective January 1, 2017. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Board of Directors and Leadership . (2)Shares of phantom stock are acquired as follows: (a) by non-employee directors (i) as compensation under the DTE Energy . DTE Energy (NYSE: DTE) today (May 7) announced the composition of the Board of Directors for DT Midstream, the new independent, publicly traded company that is expected to be formed through the planned spin-off of DTE Energy's non-utility natural gas pipeline, storage and gathering business. The DTE Energy Board of Directors declared a $0.885 per share dividend on its common stock payable Oct. 15, 2022 to shareholders of record at the close of business Sept. 19, 2022. DETROIT, May 07, 2021 (GLOBE NEWSWIRE) -- DTE Energy (NYSE: DTE) today announced the composition of the Board of Directors for DT Midstream, the new independent, publicly traded company that is expected to be formed through the planned spin-off of DTE Energy's non-utility natural gas pipeline, storage and gathering business. Recent Business Experience: Mr. Earley has been Chairman and Chief Executive Officer of DTE Energy since 1998. Incentive packages are generally developed once every several years by consulting groups that work with an executive compensation subcommittee from a utility's board of directors. Several of the subcommittee members who developed DTE's package are former utility industry executives, according to the Energy and Policy Institute. Receives compensation tied to . Mr. Earley is a director of the Nuclear Energy . Our Board of Directors (the "Board") evaluates our Company's and executives' performance based upon goals that align to our priorities for each of our stakeholders, and we will refer to these stakeholders as we discuss DTE's performance and our compensation programs throughout this proxy statement. Ms. Abernathy served as Executive Vice President, External Affairs for Frontier Communications Inc . DTE Energy headquarters in Detroit, Michigan. Policy and Responsibility Committee (PPRC) of the DTE Energy Board of Directors is responsible for reviewing and advising the Board on emerging social, economic, political, reputational and environmental issues that could significantly affect the Company's business and performance in relation to the community, shareholders, customers and employees. Norcia's compensation is expected to see a large increase in 2020, as it reflects a full year in the CEO position.