Iowa Officer Long Term Incentive Compensation Plan for Southern California Edison Co.

State:
Multi-State
Control #:
US-CC-18-266C
Format:
Word; 
Rich Text
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Description

18-266C 18-266C . . . Officer Long Term Incentive Compensation Plan under which compensation committee can grant (i) stock appreciation equivalents (hypothetical stock "units" which are granted to participant and upon which value of any incentive award is calculated), (ii) dividend equivalents (which represent value of dividends per share paid by corporation, calculated upon stock or stock units held by participant and which, if objectives set by committee are met, are paid to participant), (iii) Non-qualified Stock Options, (iv) incentive stock options, (v) restricted stock, (vi) stock appreciation rights, and (vii) performance awards
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  • Preview Officer Long Term Incentive Compensation Plan for Southern California Edison Co.
  • Preview Officer Long Term Incentive Compensation Plan for Southern California Edison Co.
  • Preview Officer Long Term Incentive Compensation Plan for Southern California Edison Co.
  • Preview Officer Long Term Incentive Compensation Plan for Southern California Edison Co.
  • Preview Officer Long Term Incentive Compensation Plan for Southern California Edison Co.
  • Preview Officer Long Term Incentive Compensation Plan for Southern California Edison Co.
  • Preview Officer Long Term Incentive Compensation Plan for Southern California Edison Co.
  • Preview Officer Long Term Incentive Compensation Plan for Southern California Edison Co.
  • Preview Officer Long Term Incentive Compensation Plan for Southern California Edison Co.
  • Preview Officer Long Term Incentive Compensation Plan for Southern California Edison Co.
  • Preview Officer Long Term Incentive Compensation Plan for Southern California Edison Co.

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FAQ

Long-term incentives are usually provided to induce an executive to achieve results over a period of longer than one year. Often, they are paid in stock. Sometimes executives receive a balance of short- and long-term variable compensation.

Leadership Team Pedro PizarroPresidentUS$12.19mMaria RigattiExecutive VP & CFOUS$3.45mAdam UmanoffExecutive VP & General CounselUS$2.86mCaroline ChoiSenior Vice President of Corporate AffairsUS$1.63mSteven PowellPresident & CEO of SCEUS$2.80m7 more rows

The U.S. utility Southern California Edison generated some 17.2 billion U.S. dollars in operating revenue in fiscal year 2022, up from some 14.9 billion U.S. dollars the year prior. This was also the largest revenue recorded for the California-based public utility within the indicated period.

As EIX President and CEO at EDISON INTERNATIONAL, Pedro J. Pizarro made $12,122,305 in total compensation. Of this total $1,365,385 was received as a salary, $1,960,470 was received as a bonus, $2,192,006 was received in stock options, $6,576,144 was awarded as stock and $28,300 came from other types of compensation.

Leadership Team Pedro PizarroPresidentUS$12.19mMaria RigattiExecutive VP & CFOUS$3.45mAdam UmanoffExecutive VP & General CounselUS$2.86mCaroline ChoiSenior Vice President of Corporate AffairsUS$1.63mSteven PowellPresident & CEO of SCEUS$2.80m7 more rows

How much does a Vice President make at Southern California Edison in the United States? The estimated average pay for Vice President at this company in the United States is $136,420 per year, which is 8% below the national average.

Incentive compensation is a form of variable compensation in which a salesperson's (or other employee's) earnings are directly tied to the amount of product they sell, the success of their team, or the organization's success.

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Iowa Officer Long Term Incentive Compensation Plan for Southern California Edison Co.