PNM Resources’ top five executives could earn $8.66 million in total combined compensation for 2016 if they meet all performance goals, following approval of new salaries, benefits and incentive pay at the company’s annual shareholders meeting Tuesday morning.
That’s down from about $10 million in total combined compensation approved for 2015, but up from $7.48 million in 2014.
PNMR Chairman, President and CEO Pat Vincent-Collawn could earn $4.118
million. That compares with $5.24 million last year and $3.35 million in 2014.