CHARLOTTE, N.C. — Lynn Good was the highest-paid utility CEO in the United States last year, with her $21.5 million total compensation beating her nearest rival by almost $3 million.
And according to a new analysis by S&P Global Market Intelligence, the 175-1 disparity between her 2017 compensation and the median employee compensation at Duke Energy Corp. is the largest among utility companies.
To find the highest-paid CEO, the Charlotte Business Journal looked at the total pay package for the top executives at the nation’s 20 largest investor-owned utilities, ranked by market capitalization.
Duke is now the nation’s second-largest utility on that scale. The CEO of the largest, James Robo of Florida-based Next Era Energy, racked up $18.8 million in total compensation. Debra Reed, CEO of San Diego-based gas utility Sempra Energy, reached $18 million in total compensation.
Read more here.
Read more top trending stories on wsoctv.com:
- Woman claims sea lice at North Carolina beach caused family distress
- More than a dozen report sickness linked to east Charlotte birthday party
- Search suspended for missing men after boat capsizes on Lake Norman
- WATCH: Jaclyn Shearer's Monday forecast outlook
- Car break-in leads to police chase, crash in north Charlotte
Cox Media Group
