47/100BPublic Service Enterprise Group company profile
- CEO
- Ralph A. LaRossa
- Employees
- 13,189
- Headquarters
- 80 Park Plaza, Newark, NJ 07102, US
- Sector
- Utilities
- Industry
- Regulated Electric
- IPO date
- 2 Jan 1980
- Stock exchange
- NYSE
- ISIN
- US7445731067
Website:investor.pseg.com
About the company
Public Service Enterprise Group Incorporated (PSEG) is an energy provider primarily operating through its subsidiaries in the Northeastern and Mid-Atlantic United States. The company's business activities are structured into two primary segments: PSE&G and PSEG Power. The PSE&G division is responsible for transmitting electricity and distributing both electricity and natural gas to residential, commercial, and industrial customers. This segment also commits resources to solar power generation projects and various energy efficiency initiatives, as well as offering appliance service and repair. By December 31, 2021, its substantial infrastructure included 25,000 circuit miles of electric transmission and distribution systems, supported by 862,000 utility poles. It also featured 56 switching stations with a total capacity of 39,353 megavolt-amperes (MVA) and 235 substations with a combined capacity of 9,285 MVA. The electric network was further managed by four main and five sub-electric distribution headquarters. On the gas side, PSE&G maintained 18,000 miles of gas mains, twelve primary and two secondary gas distribution headquarters, a single meter shop, and 58 natural gas metering and regulating stations. Public Service Enterprise Group Incorporated was established in 1985 and is headquartered in Newark, New Jersey.
Employees
Public Service Enterprise Group had about 13,189 employees at the end of fiscal year 2025 (31 December 2025), by its annual report. That is 1.1% more than a year before.
Employees at each fiscal year end, as the company reports them in its annual report (10-K); revenue and net income per employee are the fiscal year's over that count.
Who owns Public Service Enterprise Group
Institutions such as funds, banks and insurers held 78.0% of Public Service Enterprise Group's shares on 30 June 2026, 1,334 of them reporting holdings to the SEC; the rest is held by individual investors and other shareholders.
Shares free to trade
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
How Public Service Enterprise Group pays its executives
The chief executive was paid 13.87M USD for fiscal 2025, 65% of it in shares and options.
| Name and position | Salary | Stock awards | Cash incentive | Other pay | Total pay |
|---|---|---|---|---|---|
| Ralph A. LaRossa Chair of the Board, President & CEO | 1.39M USD | 9.00M USD | 2.56M USD | 917.18K USD | 13.87M USD |
| Daniel J. Cregg EVP & CFO | 854.00K USD | 2.50M USD | 1.05M USD | 412.00K USD | 4.82M USD |
| Kim C. Hanemann President & COO (PSE&G) | 802.10K USD | 2.00M USD | 1.04M USD | 512.19K USD | 4.35M USD |
| Grace H. Park EVP & General Counsel | 700.00K USD | 1.40M USD | 767.20K USD | 101.80K USD | 2.97M USD |
| Charles V. McFeaters President & Chief Nuclear Officer | 700.00K USD | 1.30M USD | 724.50K USD | 125.30K USD | 2.85M USD |
FY2025 · From the company's proxy statements to the SEC: what each named executive was paid for the fiscal year, shares and options at their value when granted. The latest filing
Common questions about Public Service Enterprise Group
Source: Financial Modeling Prep