In 2025, Public Service Enterprise Group (PSEG) reported that its Executive Vice President and General Counsel, Tamara L. Linde, received total compensation of approximately $3.26 million. This figure includes a base salary of $709,000, stock awards valued at $1.5 million, non-equity incentive plan compensation of $618,200, and other compensation totaling $28,835. ([s24.q4cdn.com](https://s24.q4cdn.com/601515617/files/doc_events/2025/03/PSEG_Proxy2025.pdf?utm_source=openai))
Linde’s compensation reflects her extensive tenure and contributions to PSEG. She joined the company in 1990 and has served as General Counsel for over a decade. In September 2024, PSEG announced that Linde would retire effective March 14, 2025, as part of a planned succession process. Grace Park, who joined PSEG in 2017 and was promoted to Vice President, Deputy General Counsel, and Chief Litigation Counsel in 2020, was appointed as Executive Vice President and General Counsel, effective September 16, 2024. ([investor.pseg.com](https://investor.pseg.com/investor-news-and-events/financial-news/financial-news-details/2024/PSEG-Executive-Vice-President-and-General-Counsel-Tamara-L.-Linde-to-Retire-in-2025/default.aspx?utm_source=openai))
Park’s compensation package, effective from her appointment date, includes a base annual salary of $650,000 and a target incentive award of 75% of her base salary under the PSEG Management Incentive Compensation Plan. Additionally, she is required to own and retain company stock equivalent to four times her base salary by January 1, 2030. ([sec.gov](https://www.sec.gov/Archives/edgar/data/81033/000095017024120749/peg-ex10_2.htm?utm_source=openai))
These compensation figures align with industry standards for executive roles within the energy sector. For instance, PSEG’s 2025 Proxy Statement indicates that other top executives received similar compensation packages, reflecting the company’s commitment to competitive remuneration to attract and retain top talent. ([s24.q4cdn.com](https://s24.q4cdn.com/601515617/files/doc_events/2025/03/PSEG_Proxy2025.pdf?utm_source=openai))
PSEG, a Fortune 500 company, continues to emphasize leadership continuity and strategic succession planning to maintain its position in the energy industry.