AGR - Avangrid, Inc.

NYSE - NYSE Delayed Price. Currency in USD

Avangrid, Inc.

180 Marsh Hill Road
Orange, CT 06477
United States
207-629-1200
http://www.avangrid.com

SectorUtilities
IndustryUtilities—Regulated Electric
Full Time Employees6,500

Key Executives

NameTitlePayExercisedYear Born
Mr. James P. TorgersonCEO & Director2.63MN/A1952
Mr. Robert Daniel KumpDeputy CEO & Pres2.11MN/A1961
Mr. Douglas K. StuverSr. VP & CFO863.97kN/A1964
Mr. Peter T. ChurchSr. VP of HR & Corp. Admin.128.81kN/A1973
Mr. R. Scott MahoneySr. VP, Gen. Counsel & Sec.887.51kN/A1966
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Avangrid, Inc. operates as an energy services holding company in the United States. It operates through two segments, Networks and Renewables. The company engages in the generation, transmission, and distribution of electricity, as well as distribution, transportation, and sale of natural gas. It also develops, constructs, and operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power. The company delivers natural gas and electricity to residential, commercial, and institutional customers through its regulated utilities in New York, Maine, Connecticut, and Massachusetts; and sells its output to investor-owned utilities, public utilities, and other credit-worthy entities. In addition, it generates and provides power and other services to federal and state agencies, as well as institutional retail and joint action agencies; and delivers thermal output to wholesale customers in the Western United States. As of February 26, 2019, Avangrid, Inc. owned 8 electric and natural gas utilities, serving 3.2 million customers in New York and New England, as well as owned and operated 7.2 gigawatts of electricity capacity, primarily through wind power in 22 states. The company was founded in 1852 and is headquartered in Orange, Connecticut. Avangrid, Inc. is a subsidiary of Iberdrola, S.A.

Corporate Governance

Avangrid, Inc.’s ISS Governance QualityScore as of October 4, 2019 is 6. The pillar scores are Audit: 5; Board: 10; Shareholder Rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.