People: Northeast Utilities (NU)
25.04USD
9 Feb 2010
$0.26 (+1.05%)
$25.04
--
$25.24
$24.86
926,254
1,428,587
$26.62
$19.01
Shivery, Charles
Brief Biography
Mr. Charles W. Shivery is Chairman of the Board, President and Chief Executive Officer of Northeast Utilities System., since March 29, 2004 and Chairman and a Director of The Connecticut Light and Power Company, Public Service Company of New Hampshire, Western Massachusetts Electric Company and Yankee Gas Services Company since January 19, 2007. Mr. Shivery assumed his current position at Northeast Utilities after serving as interim President beginning in January 2004. From June 2002 until December 2003, Mr. Shivery served as President-Competitive Group of Northeast Utilities, as President and Chief Executive Officer and a Director of NU Enterprises, Inc., and as Chairman and a Director of most of Northeast Utilities’ competitive subsidiaries. In 2002, Mr. Shivery retired from Constellation Energy Group, Inc. (Constellation), parent company of Baltimore Gas and Electric Company (BG&E) and other energy-related businesses, having held numerous senior management positions at Constellation. Mr. Shivery is a Director of Energy Insurance Mutual, the Connecticut Business & Industry Association, Association of Edison Illuminating Companies, Connecticut Science Center, Connecticut Children’s Medical Center, Edison Electric Institute, and the Electric Power Research Institute. He is the Chairman of the MetroHartford Alliance, Inc. Mr. Shivery received B.A. and B.S. degrees from The Johns Hopkins University and an M.B.A. from the University of Baltimore.
Basic Compensation
| Total Annual Compensation, USD | Long-Term Incentive Plans, USD | All Other, USD | Fiscal Year Total, USD |
|---|---|---|---|
| 1,067,400 | -- | 4,920,820 | 8,094,290 |
Options Compensation
| Quantity | Market Value | |
|---|---|---|
| Excercisable | 29,024 | 22,929.00 |
| Unexercisable | 9,675 | -- |
| Excercised | -- | -- |
| Name | Fiscal Year Total |
|---|---|
| Shivery, Charles | 8,094,290 |
| McHale, David | 2,190,200 |
| Clarke, Peter | -- |
| Olivier, Leon | 2,133,510 |
| Butler, Gregory | 1,711,670 |
| Payne, Shirley | -- |





