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    Gerardo Norcia

    Chairman and CEO at DTE Energy Co
    Board
    Since 2019
    Age
    61 years
    Tenure
    Has served at DTE Energy for over two decades since 2002, holding leadership roles such as President and COO across various divisions, and ultimately becoming CEO in 2019 and Chairman in 2022.

    Also at DTE Energy Co

    DR
    David Ruud
    Executive Vice President and CFO
    DMA
    Diane M. Antishin
    SVP - Human Resources and Chief Diversity and Inclusion Officer
    JC
    JoAnn Chavez
    Senior Vice President and Chief Legal Officer

    About

    Gerardo Norcia, currently aged 61, brings over 30 years of experience in the energy industry to his role as CEO and Chairman of DTE Energy. His extensive career is highlighted by a series of senior leadership positions, which began in 2002 as President and COO of DTE Gas Storage and Pipelines, and progressed through roles in DTE Gas and DTE Electric.

    Throughout his tenure, he has been instrumental in shaping the strategic direction of the company, having steered various divisions through significant operational transformations. His journey at DTE Energy reflects a deep commitment to excellence in business development, engineering, and operational efficiency, qualities that have consistently driven the company's growth.

    In his current capacity, which started with his appointment as CEO in 2019 and further expanded when he assumed the Chairmanship in 2022, he continues to emphasize leadership in strategic planning, customer service, and organizational effectiveness. His record demonstrates a strong ability to integrate diverse roles and responsibilities, making him a central figure in advancing DTE Energy’s long-term vision and operational success.

    $DTE Performance Under Gerardo Norcia

    Past Roles

    OrganizationRoleDate Range
    DTE Electric President and COO 2013–2016
    DTE Gas President and COO 2007–2013
    DTE Gas Storage and Pipelines President and COO 2002–2007

    Fixed Compensation

    Data from  FY 2025
    Component NameAmountPayment ScheduleAdditional Details
    Base SalaryN/AAnnualUsed as the basis for calculating incentive awards (AIP and LTIP). Most recent year-end base salary is referenced but the exact dollar figure is not provided

    Performance Compensation

    Data from  FY 2025

    Annual Incentive Plan (AIP) for 2025

    Metric NameWeight (%)ThresholdTargetMaximumVesting ScheduleAdditional Details
    DTE Energy Operating Earnings Per Share 20%N/AN/AN/AN/ACalculated by multiplying the most recent year-end base salary by the target award percentage (75%-145%) and then applying a performance payout percentage (0%-200%) based on final results
    DTE Energy Cash From Operations 20%N/AN/AN/AN/A
    Customer Satisfaction Score 15%N/AN/AN/AN/A
    DTE Energy Employee Engagement-Gallup 5%N/AN/AN/AN/A
    DTE Energy Safety Performance 10%N/AN/AN/AN/A
    Utility Operating Excellence Index 30%N/AN/AN/AN/A

    Additional Details for the AIP:

    • Target Award Percentage: Ranges from 75% to 145% of base salary.
    • Performance Payout Percentage: Ranges from 0% to 200% based on performance relative to undefined threshold, target, and maximum goals.
    • Missing Information: Specific thresholds, targets, maximum goals, conditions, and vesting schedules are not provided.

    Long-Term Incentive Plan (LTIP) for 2025

    ComponentDetails
    PurposeRewards long-term growth and profitability with stock-based awards
    Target AwardExpressed as a percentage of base salary. For 2025 awards (payout in 2028), range is 190% to 625%
    Form of CompensationRestricted stock and performance shares

    Additional Details for the LTIP:

    • Missing Information: No details on performance metrics, thresholds, targets, vesting schedules, evaluation periods, grant dates, grant date fair value, or grant date stock price are provided.