One of America’s leading Black executives in the energy industry, Carlos Brown, the senior vice president, chief legal officer, and general counsel of Dominion Energy, received a total compensation package of $1.37 million from the U.S. energy company in 2022.
Brown — who joined Dominion Energy in 2007 — received a base salary of $0.59 million and non-equity incentive plan compensation of $0.42 million, reflecting his pivotal role in leading the energy giant toward impressive financial milestones in 2022.
The leading Black executive also received a long-term incentive award of $0.3 million, indicating his expertise as a seasoned executive. His leadership has not only played a key role in the group’s financial performance but has also redefined the narrative of innovation in the global energy industry.
Black excellence in action: Carlos Brown’s meteoric rise at Dominion Energy
Brown’s impressive career at Dominion Energy has seen him take charge at various levels, culminating in his appointment as vice president and general counsel in 2017 and senior vice president, general counsel, and chief compliance officer in 2019.
His consistent success paved the way for his further career growth, with Brown recently appointed president of Dominion Energy Services and executive vice president, chief legal officer, and corporate secretary, effective Jan. 1, 2024.
Brown is a true leader in the energy industry, and his contributions to Dominion Energy have been instrumental in the company’s success. His commitment to innovation, dedication to his team, and unwavering belief in the company’s potential make him an asset and a role model for aspiring Black executives in the industry.
Investing in success: Brown’s stake and Dominion Energy’s triumph
Under Brown’s leadership, Dominion Energy has achieved significant growth. Revenue increased by 22.99 percent from $13.96 billion in 2021 to $17.174 billion in 2022, and assets rose from $99.59 billion to $104.24 billion. This impressive performance is a testament to Brown’s vision and commitment to excellence.
Beyond his executive roles, Brown demonstrates his dedication to Dominion Energy through his investment. He owns a 0.0038-percent stake in the company, equivalent to 31,572 ordinary shares, with a current value of $1.5 million — this underscores his belief in the company’s future and his commitment to its long-term success.