Dominion Energy, Inc. ·D

Utility presidents hold P&L under a non-COO CEO

Energy · Fortune #264 · Hybrid structure · 15K employees · Richmond, Virginia

View as of:
6
CEO span
↓ tighter than peers (avg 9)
1
Avg span
tight
2
Max depth
2 levels
4.5 yr
Avg tenure
stable vs FY2024
67%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$16.5B
Operating income
$4.4B
Net income
$3.0B
Total assets
$115.9B
Shares out
879M

Sourced from Dominion Energy, Inc. DEF 14A · filed 2026-03-19 ↗ View on SEC

Interactive org chart

Dominion Energy, Inc. organizational chart

Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.

Open editable chart

Dominion Energy operates a hybrid enterprise structure in which utility and nuclear presidents report directly to the CEO, with no COO layer. This page details the current executive team, reporting lines, recent leadership changes, historical snapshots, and peer comparisons.

What to model

Use the chart to test org decisions, not just view reporting lines

Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.

Latest signal Diane Leopold departed as Chief Operating Officer

Retired effective June 1, 2025.

Source · See change log

Scenario views in the chart

  • Add Chief Operating Officer Introduce a COO to consolidate utility and nuclear operations under a single executive.
  • Separate Nuclear from Contracted Energy Refocus the Chief Nuclear Officer role solely on nuclear generation assets.

Atlas work this supports

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The people

Who's running this

6 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.

internal

Robert M. Blue

Chair, President and Chief Executive Officer

Executive

5 yr

5 reports

Steven D. Ridge

Executive Vice President and Chief Financial Officer

Finance

4 yr

0 reports

internal

Carlos M. Brown

Executive Vice President, Chief Administrative and Projects Officer and Corporate Secretary

Administration

6 yr

0 reports

internal

Edward H. Baine

Executive Vice President, Utility Operations and President, Dominion Energy Virginia

Utility Operations

7 yr

0 reports

Eric S. Carr

Chief Nuclear Officer and President, Nuclear Operations and Contracted Energy

Nuclear Operations

3 yr

0 reports

internal

Regina J. Elbert

Senior Vice President and Chief Legal and Human Resources Officer

Legal & HR

2 yr

0 reports

The pay

Executive compensation

From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.

Robert M. Blue $16.0M
Base salary
$1.29M
Stock awards
$9.31M
Non-equity incentive
$4.42M
Pension change
$819K
Other
$200K
Fiscal year
FY2025

The skin in the game

Beneficial ownership

Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.

Stock ownership requirements
Director cash retainer

Non-employee directors must hold shares equal to five times annual retainers.

The businesses

How Dominion Energy, Inc. divides the work

3 divisions report into the group CEO. Tile size scales with estimated headcount.

Finance

800 employees

Executive Vice President & CFO (Steven D. Ridge)

Oversees capital structure, financial reporting, investor relations and risk management.

Utility Operations

9K employees

EVP Utility Operations & President DEV (Edward H. Baine)

Runs regulated electric and gas utility operations in Virginia and the Carolinas.

Nuclear Operations

3K employees

Chief Nuclear Officer (Eric S. Carr)

Manages nuclear generation assets and contracted energy operations.

The thesis

Why this org is unusual

Dominion Energy’s most distinctive structural feature is that major regulated utility presidents report directly to the CEO without an intervening COO layer.

This places operating accountability for Virginia utilities and nuclear operations squarely at the top of the organization.

The structure reflects a hybrid enterprise model combining functional executives (CFO, Chief Administrative and Projects Officer, Chief Legal & HR Officer) with business presidents who hold operational authority. The absence of a COO following Diane Leopold’s 2025 retirement increased CEO span and centralized coordination at the CEO level.

This design aligns with Dominion’s strategy as a largely regulated utility, where operational reliability, regulatory execution and capital discipline are overseen directly by the CEO and board, rather than delegated through a multi-layered operating hierarchy.

  • No COO role after 2025 retirement
  • Utility presidents report directly to CEO

The comparison

How Dominion Energy, Inc. stacks up

Compared with other large U.S. regulated utilities, Dominion Energy operates with a leaner executive layer and a wider CEO span. Peers such as Duke Energy and Southern Company typically retain a COO or group executive overseeing utility operations. Dominion’s model emphasizes direct CEO oversight of utility and nuclear …

C-suite size

Reporting depth

Dominion Energy, Inc.
2 levels
4 levels
4 levels

Avg C-suite tenure

Dominion Energy, Inc.
5 yr
5 yr

Has COO / Has CAIO

Dominion Energy, Inc. — no COO — no CAIO
Duke Energy ✓ COO — no CAIO
Southern Company ✓ COO — no CAIO
Exelon — no COO — no CAIO
NextEra Energy ✓ COO — no CAIO

Current signals

What changed recently

The most significant recent change was the 2025 retirement of COO Diane Leopold, leaving Dominion Energy without a COO.

  • departed
    Diane Leopold Chief Operating Officer

    Retired effective June 1, 2025.

    Source
  • promoted
    Edward H. Baine President Utility Operations and Dominion Energy Virginia

    Assumed expanded utility operations role effective January 1, 2025.

    Source

Leadership Timeline

Year-over-year executive structure based on SEC proxy and annual filings.

FY2025
DEF 14A filed 2026-03-19
CEO
Robert M. Blue
CEO span
6
C-suite
5
Avg tenure
4.5 yr

First full year operating without a COO.

Named executive officers (5)
  • Robert M. Blue - CEO since 2020
  • Steven D. Ridge - CFO since 2022
  • Carlos M. Brown - Chief Administrative & Projects Officer since 2019
  • Edward H. Baine - EVP Utility Operations since 2018
  • Eric S. Carr - Chief Nuclear Officer since 2023
FY2024
DEF 14A filed 2025-03-28
CEO
Robert M. Blue
CEO span
7
C-suite
6
Avg tenure
5.2 yr

COO role still in place ahead of announced retirement.

Named executive officers (5)
  • Robert M. Blue - CEO since 2020
  • Steven D. Ridge - CFO since 2022
  • Diane Leopold - COO since 2020
  • Carlos M. Brown - Chief Legal Officer since 2019
  • Edward H. Baine - President DEV since 2018

Year-over-year changes

FY2024 → FY2025

The COO retirement reduced the C-suite size and increased direct operational accountability to the CEO.

  • CEO span: 7 → 6
  • C-suite size: 6 → 5
  • Avg tenure: 5.2 → 4.5 yr
  • departed Diane Leopold - Chief Operating Officer (was COO) (DEF 14A, Mar 2025)

The board

Board of directors

2 directors. 1 of 2 independent (50%). Source: most recent DEF 14A.

Robert M. Blue

Chair Inside

Chair, President and CEO, Dominion Energy

Director since 2020 · Age 58

Susan N. Story

Lead Indep. Independent

Retired CEO, American Water Works

Director since 2017 · Age 66

The board, organized

Board committees

1 standing committees. Audit and Compensation must be 100% independent under SEC rules; the rest vary.

Audit Committee

100% independent 7 mtgs/yr
  • rigby_dir Chair
  • lovejoy_dir
  • royal_dir
  • sutherland_dir

Frequently Asked Questions

Who is the CEO of Dominion Energy?

Robert M. Blue has served as Chair, President and CEO since 2020.

What type of organizational structure does Dominion Energy use?

Dominion Energy uses a hybrid structure combining functional executives with utility business presidents.

How many direct reports does Dominion Energy's CEO have?

The CEO currently has six direct executive reports.

How has Dominion Energy's leadership changed recently?

The company’s COO retired in mid-2025, and utility operations were consolidated under direct CEO oversight.

Does Dominion Energy have a COO?

No, Dominion Energy has not filled the COO role following Diane Leopold’s retirement in 2025.

Sources

  • Company Proxy Statement, Mar 2025
  • SEC EDGAR: Dominion Energy, Inc. DEF 14A Proxy Statement
  • SEC EDGAR: Dominion Energy, Inc. 10-K Annual Report

Reference

Cite this page

If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.

APA 7th
Creately. (2026). Dominion Energy, Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/dominion-energy/
MLA 9th
"Dominion Energy, Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/dominion-energy/. Accessed .
Chicago 17
Creately. "Dominion Energy, Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/dominion-energy/.
Original SEC source View on SEC ↗
Dominion Energy, Inc.. DEF 14A. Filed 2026-03-19. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/715957/000119312526115180/d-20260319.htm

Permanent URL: https://creately.com/org-chart/fortune-500/dominion-energy/ · last updated 2026-04-01

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