Edward H. Baine title change to President – Utility Operations and Dominion Energy Virginia effective Jan 1, 2025; base salary $643,537, AIP target 80%, LTI $1.25M.
CTD Committee approved cash and restricted stock awards for Baine: $150K cash + $150K stock; Brown and Ridge each: $150K cash + $350K stock.
Awards under 2024 Incentive Compensation Plan, three-year cliff vesting, clawback provisions including voluntary resignation within one year.
2025 Annual Incentive Plan approved; officers eligible for performance-based cash awards, funding 0%-200% of target based on performance goals.
In November 2024, the Company announced the title change of Edward H. Baine to President – Utility Operations and Dominion Energy Virginia, effective as of January 1, 2025.
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Edward H. Baine changed role as President – Utility Operations and Dominion Energy Virginia at DOMINION ENERGY, INC.
Action
title change
Role
President – Utility Operations and Dominion Energy Virginia
Exact text from the filing
In November 2024, the Company announced the title change of Edward H. Baine to President – Utility Operations and Dominion Energy Virginia, effective as of January 1, 2025.
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