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CenterPoint CEO Made More Than $37 Million In 2021

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Most of the compensation was in stock, while energy bills soared

The CEO of CenterPoint Energy saw a big jump in his compensation while Evansville area customers saw big jumps in their natural gas bills. WNIN’s John Gibson reports:

According to the company’s proxy statement filed with the Securities and Exchange Commission, Chief Executive Officer David Lesar received $37.8 million last year.

That’s compared to $11.9 million in 2020, when Lesar took over as CEO of the Texas-based company.

More than $33 million of his compensation in 2021 came from stock.

The Houston Chronicle and a watchdog group, the Energy and Policy Institute, published Lesar’s compensation this week.

The disclosure comes as Evansville area customers deal with CenterPoint bills that have doubled – or more.

Local groups – including Congregations Acting for Justice and Empowerment – have decried the high energy bills.

CAJE will raise the issue during its Nehemiah Action event on May 9th at Old National Events Plaza.