Dominion CEO loses out on big cash haul Utility missed targets on profit and shareholder return Demand for Dominion electricity looks robust on data center growth March 28 (Reuters) – Dominion Energy CEO Robert Blue missed out on taking home more than $4 million in cash after the utility’s shareholder return and operating profit during 2022-2024 failed to meet performance targets. Blue received $438,240, just 9% of the potential target payout of nearly $5 million, the company disclosed on Friday in a U.S. Securities and Exchange Commission filing. The company did not respond to a message seeking comment. Dominion’s total shareholder return ranked second lowest among peers over the 3-year period, leading to no payout on that goal, which accounted for 50% of Blue’s performance-based target compensation. The company’s total return was minus 21% during that period. Dominion’s stock suffered during the performance period as investors lost confidence in the utility’s management team, according to analysts. But Dominion made several moves to lessen its debt burden, such as selling its stake in the Cove Point liquefied natural gas plant to Berkshire Hathaway for about $3.3 billion in after-tax proceeds. Dominion’s electricity sales are expected to surge over the next decade as more energy-hungry data centers are built in the company’s key Virginia territory. Still, Blue received no long-term performance pay related to Dominion’s cumulative operating profit target for 2022-2024. With a performance weighting of 40%, operating profit per share was $8.87, well below the minimum threshold target of $11.70 per share, Dominion said. Meanwhile, Dominion’s renewable energy generating capacity exceeded a minimum target despite fewer solar projects moving forward during the performance period than anticipated. With a 10% weighting, that metric allowed Blue to receive 9% of the total target cash payout across the three goals. (Reporting By Tim McLaughlin Editing by Bill Berkrot) in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. You must only respond with the modified content. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. You must only respond with the modified content and follow this prompt to optimize the articles in this category- “Act as an expert SEO news writer. Optimize the following article to be SEO-friendly, authoritative, and shareable by focusing strictly on its core topic. Follow these steps: 1. Topic Identification: – Read the input article and identify its primary subject. – Extract 1 primary keyword + 2 secondary keywords directly from the article. 2. Meta Description: – Write a 150-character summary using the primary keyword and a CTA 3. Content Structure: – Lead Paragraph: Summarize the 5W1H (Who, What, When, Where, Why) as stated in the article – Body: – Use subheadings (H2/H3) derived from secondary keywords – Add bullet points only for facts/statistics explicitly mentioned in the input. – Include quotes or data from the article (do not invent new stats). – Conclusion: End with a question/CTA tied to the article’s topic. 4. – Add 1 FAQ based on the article’s key point. 5. Viral Readability: – Use news article sentences structure. Avoid off-topic emotional triggers. 6. Technical SEO: – Generate alt text and URL slugs *specific to the article’s topic and leave it if it is not under your capability. Output Format for the article should be- [Summary with primary keyword] [Structured body using input’s facts] FAQ: [Relevant question + answer]