Home ›
Organizations ›
CENTRAL VIRGINIA ELECTRIC COOPERATIVE
CENTRAL VIRGINIA ELECTRIC COOPERATIVE
VA · EIN 540164798
27
Executives Disclosed
$124.8M
Annual Revenue
$481.7M
Total Assets
2.7:1
Internal Pay Ratio
CENTRAL VIRGINIA ELECTRIC COOPERATIVE has 27 executives with disclosed compensation. The highest-paid executive, Gary E Wood (PRESIDENT &), received peak total compensation of $813,688.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Gary E Wood | PRESIDENT & | $814K | $786K | 2016–2024 | 10.8x |
| Charles Maurhoff | COO | $504K | $504K | 2016–2024 | 6.7x |
| Tina M Mallia | CFO | $474K | $474K | 2016–2024 | 6.3x |
| Melissa Gay | MEMBER SVCS | $334K | $334K | 2019–2024 | 4.5x |
| Lynne Beardsley | HR MANAGER | $308K | $308K | 2019–2024 | 4.1x |
| Matthew Wood | INFO TECH MG | $300K | $300K | 2016–2024 | 4x |
| Charles Ward | ENG SVCS MAN | $286K | $286K | 2020–2024 | 3.8x |
| Jason Palmer | OPERATIONS M | $283K | $283K | 2017–2024 | 3.8x |
| Robert Harris | ENGINEERING | $218K | $218K | 2016–2020 | 2.9x |
| Thomas B Sandridge | WORKING FORE | $185K | $185K | 2018–2018 | 2.5x |
| Joseph Key | Engineering Mgr | $179K | $179K | 2016–2017 | 2.4x |
| Thomas Gardner | FOREMAN | $171K | $171K | 2017–2018 | 2.3x |
| Eric Carter | Superintendent | $125K | $0 | 2016–2016 | 1.7x |
| Paul Moore | Engineer | $121K | $0 | 2016–2016 | 1.6x |
| George Goin | DIRECTOR | $35K | $0 | 2016–2024 | 0.5x |
| Brian Bates | SECRETARY | $33K | $0 | 2017–2024 | 0.4x |
| Ht Brown Jr | CHAIRMAN | $32K | $0 | 2016–2024 | 0.4x |
| Gloria W Vest | FORMER DIREC | $31K | $0 | 2016–2024 | 0.4x |
| Frank Baber Iii | VICE-CHAIRMA | $31K | $0 | 2016–2024 | 0.4x |
| Roberta Harlowe | DIRECTOR | $31K | $0 | 2016–2024 | 0.4x |
| Jace Goodling | TREASURER | $30K | $0 | 2016–2024 | 0.4x |
| R Kinckle Robinson | DIRECTOR | $30K | $0 | 2016–2024 | 0.4x |
| Henry Chiles | FORMER DIREC | $28K | $0 | 2016–2024 | 0.4x |
| Robert M Duncan | Director | $24K | $0 | 2016–2016 | 0.3x |
| Lisa S Jackson | DIRECTOR | $22K | $0 | 2024–2024 | 0.3x |
| Francis Caruccio | DIRECTOR | $21K | $0 | 2024–2024 | 0.3x |
| Robert Duncan | Retired | $15K | $0 | 2017–2017 | 0.2x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2016 | 17 | $210K | $359K | $842K |
| 2017 | 18 | $216K | $434K | $1.5M |
| 2018 | 17 | $235K | $481K | $1.9M |
| 2019 | 17 | $275K | $556K | $2.2M |
| 2020 | 17 | $305K | $627K | $2.4M |
| 2021 | 17 | $328K | $678K | $2.6M |
| 2022 | 17 | $346K | $730K | $2.8M |
| 2023 | 17 | $400K | $814K | $3.2M |
| 2024 | 19 | $409K | $786K | $3.3M |