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DTE Energy Company (DTE)

NYSE - Nasdaq Real-time price. Currency in USD
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106.09-0.59 (-0.55%)
At close: 04:01PM EDT
106.09 0.00 (0.00%)
After hours: 04:27PM EDT

DTE Energy Company

One Energy Plaza
Detroit, MI 48226-1279
United States
313 235 4000
https://www.dteenergy.com

Sector(s)Utilities
IndustryUtilities—Regulated Electric
Full-time employees10,102

Key executives

NameTitlePayExercisedYear born
Mr. Gerardo NorciaCEO & Chairman3.41MN/A1963
Mr. Trevor F. LauerVice Chairman & Group Pres1.23MN/A1964
Mr. David S. RuudExec. VP & CFO1.28MN/A1966
Ms. JoAnn ChavezSr. VP & Chief Legal Officer1.13MN/A1964
Mr. Mark W. StiersPres of DTE Vantage & Energy Trading1.26MN/A1962
Ms. Joi M. HarrisPres & COON/AN/A1970
Mr. Mark C. RollingVP of Fin., Controller & Chief Accounting OfficerN/AN/A1968
Mr. Steven B. AmbroseChief Information Officer and VPN/AN/AN/A
Ms. Barbara TuckfieldDirector - Investor RelationsN/AN/AN/A
Ms. Paula SilverSr. VP of Corp. Communications & Public AffairsN/AN/AN/A
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets. This segment owns and operates approximately 697 distribution substations and approximately 451,900 line transformers. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.3 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. This segment has approximately 21,000 miles of distribution mains; 1,352,000 service pipelines; and 1,316,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. Its DTE Vantage segment offers metallurgical and petroleum coke to steel and other industries; and power, steam and chilled water production, and wastewater treatment services, as well as supplies compressed air to industrial customers. Its Energy Trading segment engages in power, natural gas, and environmental marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The company was founded in 1903 and is based in Detroit, Michigan.

Corporate governance

DTE Energy Company’s ISS governance QualityScore as of 1 September 2023 is 6. The pillar scores are Audit: 8; Board: 8; Shareholder rights: 3; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.