Public Service Enterprise Group Incorporated (PEG)

67.23 +0.74 (+1.11%) At close: 04:00PM EDT

Public Service Enterprise Group Incorporated

80 Park Plaza
Newark, NJ 07102
United States
973 430 7000
https://investor.pseg.com/home/default.aspx

Sector(s): Utilities
Industry: Utilities - Regulated Electric
Full-time employees: 12,543

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Ralph A. LaRossa	Chair, President & CEO	3.17M	N/A	1963
Mr. Daniel J. Cregg	Executive VP & CFO	1.49M	N/A	1964
Ms. Tamara Louise Linde Esq.	Executive VP & General Counsel	1.36M	N/A	1965
Ms. Kim C. Hanemann	President & COO of Public Service Electric & Gas	1.32M	N/A	1964

Amounts are as of 31 December 2023, 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

Public Service Enterprise Group Incorporated, through its subsidiaries, operates in electric and gas utility business in the United States. It operates through PSE&G and PSEG Power segments. The PSE&G segment transmits electricity; distributes electricity and natural gas to residential, commercial, and industrial customers; and appliance services and repairs to customers through its service territory, as well as invests in solar generation projects, and energy efficiency and related programs. The PSEG Power segment engages in nuclear generation businesses; and supplies power and natural gas to nuclear power plants and gas storage facilities activities. As of December 31, 2023, it had electric transmission and distribution system of 25,000 circuit miles and 866,600 poles; 56 switching stations with an installed capacity of 39,953 megavolt-amperes (MVA), and 235 substations with an installed capacity of 10,382 MVA; 109 MVA aggregate installed capacity for substations; four electric distribution headquarters and five electric sub-headquarters; 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 56 natural gas metering and regulating stations; and 158 MegaWatts defined conditions of installed PV solar capacity. Public Service Enterprise Group Incorporated was founded in 1903 and is based in Newark, New Jersey.

Corporate governance

Public Service Enterprise Group Incorporated’s ISS governance QualityScore as of 1 April 2024 is 3. The pillar scores are Audit: 2; Board: 4; Shareholder rights: 5; 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.