Utilities
DTE Energy Executive Compensation (FY25)
DTE · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (8-K): May 12, 2026
284 figures on this page: 275 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
Joi Harris, President and Chief Executive Officer, received $6,732,386 in total compensation for fiscal 2025, and compared with the $3,474,783 reported for fiscal 2024, Harris' total was 93.7% higher. The company reported a chief executive pay ratio of 53:1 for fiscal 2025, against median employee compensation of $158,285. The say-on-pay proposal drew 96.7% of votes cast for or against in favor at the meeting held May 7, 2026 for fiscal 2025. The disclosed peer group names Alliant Energy Company, Ameren Corporation, American Electric Power Company, Inc., CenterPoint Energy and CMS Energy Corporation, among others.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Joi Harris: $3,474,783 → $6,732,386 (93.7% higher)
Say-on-pay support: 97.1% → 96.7% (0.4 points lower)
CEO pay ratio: 87:1 → 53:1 (39.1% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is DTE Energy's chief executive and what were they paid?
Joi Harris, President and Chief Executive Officer, received $6,732,386 in total compensation for fiscal 2025. Compared with the $3,474,783 reported for fiscal 2024, Harris' total was 93.7% higher.
What was DTE Energy's say-on-pay result?
The say-on-pay proposal drew 96.7% of votes cast for or against in favor at the meeting held May 7, 2026 for fiscal 2025.
Which companies are in DTE Energy's peer group?
The disclosed peer group names Alliant Energy Company, Ameren Corporation, American Electric Power Company, Inc., CenterPoint Energy and CMS Energy Corporation, among others. The Long-Term Incentive Plan Performance Peer Group includes IDACorp Inc., OGE Energy Corporation, Portland General Electric Company and TXNM Resources.
What is DTE Energy's chief executive pay ratio?
The company reported a chief executive pay ratio of 53:1 for fiscal 2025, against median employee compensation of $158,285.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Gerardo Norcia Executive Chairman | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
David Ruud Vice Chairman and Chief Financial Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Trevor Lauer Vice Chairman and Group President - DTE | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Mark Stiers President and Chief Operating Officer - DTE Vantage and Energy Trading (retired effective January 2026) | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
JoAnn Chavez Special Advisor to CEO and General Counsel (retired effective December 2025) | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Gerardo Norcia Chairman and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
David Ruud Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Trevor Lauer Vice Chairman and Group President - DTE | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Joi Harris President and Chief Operating Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Mark Stiers President and Chief Operating Officer - DTE Vantage and Energy Trading | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Gerardo Norcia Executive Chairman | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Joi Harris President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
David Ruud Vice Chairman and Chief Financial Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Trevor Lauer Vice Chairman and Group President - DTE | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
JoAnn Chavez Special Advisor to CEO and General Counsel | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Mark Stiers President and Chief Operating Officer - DTE Vantage and Energy Trading | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Matthew Paul President and Chief Operating Officer - DTE Electric | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| David Ruud | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| David Ruud | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| David Ruud | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Gerardo Norcia | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Gerardo Norcia | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| JoAnn Chavez | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| JoAnn Chavez | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Joi Harris | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Joi Harris | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Joi Harris | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Mark W. Stiers | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Mark W. Stiers | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Matthew Paul | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Matthew Paul | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Trevor F. Lauer | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Trevor F. Lauer | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| David Ruud | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Gerardo Norcia | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| JoAnn Chavez | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Matthew Paul | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Trevor Lauer | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| Joi Harris | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Mark Stiers | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Cassandra Santos | ◇ | ◇ | — | — | — | ◇ | ◇ |
Gail J. McGovern | ◇ | ◇ | — | — | — | ◇ | ◇ |
Mark A. Murray Lead independent director | ◇ | ◇ | — | — | — | ◇ | ◇ |
Charles G. McClure, Jr | ◇ | ◇ | — | — | — | ◇ | ◇ |
Valerie M. Williams | ◇ | ◇ | — | — | — | ◇ | ◇ |
David A. Brandon | ◇ | ◇ | — | — | — | ◇ | ◇ |
Gary Torgow | ◇ | ◇ | — | — | — | ◇ | ◇ |
Robert C. Skaggs, Jr | ◇ | ◇ | — | — | — | ◇ | ◇ |
David A. Thomas | ◇ | ◇ | — | — | — | ◇ | ◇ |
Nicholas K. Akins | ◇ | ◇ | — | — | — | ◇ | ◇ |
Deborah L. Byers | ◇ | ◇ | — | — | — | ◇ | ◇ |
James H. Vandenberghe, Gerardo Norcia and Joi M. Harris served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Compensation committee chair | ◇ |
| Nominating and governance chair | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Alliant Energy Company LNT
- Ameren Corporation AEE
- American Electric Power Company, Inc. AEP
- CenterPoint Energy CNP
- CMS Energy Corporation CMS
- Dominion Energy D
- Duke Energy Corporation DUK
- Edison International EIX
- Entergy Corporation ETR
- Evergy, Inc. EVRG
- Eversource Energy ES
- Exelon Corporation EXC
- FirstEnergy Corporation FE
- NiSource, Inc. NI
- PG&E Corporation PCG
- Pinnacle West Capital Corporation PNW
- PPL Corporation PPL
- Public Service Enterprise Group PEG
- Sempra Energy SRE
- Southern Company SO
- WEC Energy Group, Inc. WEC
- Xcel Energy, Inc. XEL
Long-Term Incentive Plan Performance Peer Group
- IDACorp Inc. IDA
- OGE Energy Corporation OGE
- Portland General Electric Company POR
- TXNM Resources TXNM
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 7, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 8, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 2, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 4, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 5, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 20, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | May 7, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | May 9, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | May 3, 2018 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
What this page does not include
Everything above is a fact DTE Energy disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where DTE Energy sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Enquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
284 figures on this page: 275 cited to the filing that reported them, 9 calculated from figures it prints.
275 cited to the filing
9 calculated from the filing
Documents cited
- 0000936340-26-000115Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000936340-26-0000622025 Director Compensation Table · 2025 Pay Ratio · DIRECTOR COMPENSATION TABLE · Grants of Plan-Based Awards · and 2 more sections
- 0000936340-25-000137Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000936340-25-000081Summary Compensation Table
- 0000936340-24-000149Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000936340-24-000100Summary Compensation Table
- 0000936340-23-000128Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000936340-22-000150Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000936340-21-000170Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000936340-20-000189Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000936340-19-000156Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000936340-18-000136Item 5.07 Submission of Matters to a Vote of Security Holders
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Velarion, “DTE Energy executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/DTE (accessed 2026).
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Utilities rankings
Peers DTE Energy discloses
The companies named in DTE's own disclosed peer group.
Alliant Energy CompanyAmeren CorporationAmerican Electric Power Company, Inc.CenterPoint EnergyCMS Energy CorporationDominion EnergyDuke Energy CorporationEdison InternationalEntergy CorporationEvergy, Inc.Eversource EnergyExelon CorporationFirstEnergy CorporationNiSource, Inc.PG&E CorporationPinnacle West Capital CorporationPPL CorporationPublic Service Enterprise GroupSempra EnergySouthern CompanyWEC Energy Group, Inc.Xcel Energy, Inc.IDACorp Inc.OGE Energy Corporation
Terms on this page
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}