DTE Energy Company (DTE)

125.55 +0.93 (+0.75%) At close: 04:00PM EDT

DTE Energy Company

One Energy Plaza
Detroit, MI 48226-1279
United States
313 235 4000
https://www.dteenergy.com

Sector(s): Utilities
Industry: Utilities - Regulated Electric
Full Time Employees: 9,510

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Gerardo Norcia	CEO & Chairman	2.37M	N/A	1963
Mr. Trevor F. Lauer	Vice Chairman & Group President	949.3k	N/A	1964
Mr. David S. Ruud	Executive VP & CFO	979.55k	N/A	1966
Ms. JoAnn Chavez	Senior VP & Chief Legal Officer	906.22k	N/A	1964
Mr. Mark W. Stiers	President of DTE Vantage & Energy Trading	1.34M	N/A	1962
Ms. Joi M. Harris	President & COO	N/A	N/A	1970
Ms. Tracy J. Myrick	Chief Accounting Officer	N/A	N/A	1977
Mr. Bill Chiu	Vice President of Distribution Engineering & Technology	N/A	N/A	N/A
Mr. Steven B. Ambrose	Chief Information Officer & VP	N/A	N/A	N/A
Ms. Barbara Tuckfield	Director - Investor Relations	N/A	N/A	N/A

Amounts are as of December 31, 2023 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

DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to various residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through coal-fired plants, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets. This segment owns and operates distribution substations and line transformers. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to various residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. Its DTE Vantage segment offers metallurgical and petroleum coke to steel and other industries; and power generation, steam production, chilled water production, and wastewater treatment services, as well as air supplies compressed air to industrial customers. Its Energy Trading segment engages in power, natural gas, and environmental marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The company was founded in 1849 and is based in Detroit, Michigan.

Corporate Governance

DTE Energy Company’s ISS Governance QualityScore as of September 1, 2024 is 6. The pillar scores are Audit: 9; Board: 8; Shareholder Rights: 3; Compensation: 3.

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.