Public Service Enterprise Group Incorporated (PEG) NYSE

Currency In USD

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Public Service Enterprise Group Incorporated

Address

80 Park Plaza

Newark, NJ 07102

United States of America (the)

Phone

973 430 7000

Sector

Utilities

Industry

Regulated Electric

Employees

13189

First IPO Date

January 02, 1980

Key Executives

NameTitlePayYear Born
Ralph A. LaRossaChair, President & Chief Executive Officer4.13M1963
Grace H. ParkExecutive Vice President & General Counsel1.5M1976
Kim C. HanemannPresident & Chief Operating Officer of Public Service Electric & Gas1.88M1964
Daniel J. CreggExecutive Vice President & Chief Financial Officer1.94M1964
Michael K. HyunSenior VP and Chief Commercial Officer of Strategic Partnerships0N/A
Richard T. ThigpenSenior Vice President of Corporate Citizenship01961
Zeeshan SheikhSenior Vice President and Chief Information & Digital Officer0N/A
Carlotta N. ChanVice President of Investor Relations0N/A
Karen CleeveVice President of Corporate Communications0N/A
Sheila J. RostiacSenior VP, Chief Administrative Officer and CHRO01971
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Description

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.

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