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The charts on this page feature a breakdown of the total annual pay for the top executives at AVANGRID INC as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. AVANGRID INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. AVANGRID INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Pedro Azagra Blázquez
Chief Executive Officer, Director
Total Cash $1,969,823 Equity $2,690,619 Other $189,544 Total Compensation $4,849,986
R. Scott Mahoney
Senior Vice President - General Counsel & Corporate Secretary
Total Cash $1,111,986 Equity $131,640 Other $14,664 Total Compensation $1,258,290
Douglas Stuver
Former Senior Vice President - Chief Financial Officer
Total Cash $92,308 Equity $0 Other $20,675 Total Compensation $112,983
Robert Kump
President & Deputy Chief Executive Officer
Total Cash $645,692 Equity $0 Other $998,312 Total Compensation $1,644,004
Catherine Stempien
President and Chief Executive Officer of Networks
Total Cash $1,513,082 Equity $0 Other $47,198 Total Compensation $1,560,280
Dennis Arriola
Former Chief Executive Officer
Total Cash $1,506,731 Equity $842,800 Other $650,101 Total Compensation $2,999,632
Jose Antonio Miranda Soto
President and Chief Executive Officer of Renewables
Total Cash $932,457 Equity $0 Other $110,748 Total Compensation $1,043,205
Patricia Cosgel
Senior Vice President - Chief Financial Officer
Total Cash $696,227 Equity $260,158 Other $30,750 Total Compensation $987,135
William White
Former Co-CEO and President - Offshore of Renewables
Total Cash $797,346 Equity $0 Other $797,175 Total Compensation $1,594,521
For its 2022 fiscal year, AVANGRID INC, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Pedro Azagra Blázquez CEO Pay $6,270,162 Median Employee Pay $101,304 CEO Pay Ratio 62:1
For its 2022 fiscal year, AVANGRID INC, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Alan Solomont Total Cash $200,000
Camille Joseph Varlack Total Cash $85,000
Daniel Alcain Lopéz Total Cash $140,000
Elizabeth Timm Total Cash $85,000
Ignacio S. Galán Total Cash $200,000
John Baldacci Total Cash $200,000
John Lahey Total Cash $200,000
José Angel Marra Rodríguez Total Cash $140,000
José Sáinz Armada Total Cash $170,000
María Fátima Báñez García Total Cash $70,000
Patricia Jacobs Total Cash $170,000
Pedro Azagra Blázquez Total Cash $70,000
Robert Duffy Total Cash $200,000
Santiago Martínez Garrido Total Cash $140,000
Teresa Herbert Total Cash $170,000

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.