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

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. PNM RESOURCES INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. PNM RESOURCES 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
Charles N. Eldred
EVP, Corp Dev & Finance
Total Cash $537,953 Equity $702,646 Other $2,008,691 Total Compensation $3,249,290
Patricia K. Collawn
Chair and CEO
Total Cash $2,502,987 Equity $2,460,988 Other $1,632,600 Total Compensation $6,596,575
Patrick V. Apodaca
SVP, General Counsel and Secretary
Total Cash $666,721 Equity $286,165 Other $113,630 Total Compensation $1,066,516
Ronald N. Darnell
SVP, Public Policy
Total Cash $544,076 Equity $234,486 Other $123,481 Total Compensation $902,043
Joseph D. Tarry
President and COO
Total Cash $919,730 Equity $517,195 Other $149,674 Total Compensation $1,586,599
Elisabeth A. Eden
SVP, CFO and Treasurer
Total Cash $614,966 Equity $201,430 Other $118,524 Total Compensation $934,920
For its 2022 fiscal year, PNM RESOURCES 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
Patricia K. Collawn CEO Pay $6,596,575 Median Employee Pay $142,121 CEO Pay Ratio 46:1
For its 2022 fiscal year, PNM RESOURCES INC, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
A. J. Fohrer Total Cash $235,000
D. K. Schwanz Total Cash $220,000
E. R. Conley Total Cash $235,000
J. A. Hughes Total Cash $220,000
M. T. Mullarkey Total Cash $232,500
N. P. Becker Total Cash $250,000
S. M. Gutierrez Total Cash $220,000
V. A. Bailey Total Cash $232,500

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.