Eversource Energy ·ES

COO-centered operations beneath a long-tenured utility CEO

Energy · Fortune #353 · Hybrid structure · 11K employees · Springfield, Massachusetts

View as of:
5
CEO span
↓ tighter than peers (avg 10)
3
Avg span
moderate
3
Max depth
3 levels
5.6 yr
Avg tenure
stable vs FY2024
60%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$13.5B
Operating income
$3.0B
Net income
$-434700000
Total assets
$63.8B
Shares out
375M

Sourced from Eversource Energy DEF 14A · filed 2026-03-27 ↗ View on SEC

Interactive org chart

Eversource Energy organizational chart

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

Open editable chart

COO-centered operations beneath a long-tenured utility CEO define Eversource Energy’s leadership structure. This page maps the executive org chart, outlines operational control, reviews recent leadership changes, and compares Eversource’s centralized model with peer utilities.

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 Paul W. Chodak III joined as Executive Vice President and Chief Operating Officer

Appointed COO effective November 2023, consolidating electric, gas, and transmission operations.

Source · See change log

Scenario views in the chart

  • Add Chief AI Officer Create a Chief AI Officer role reporting to the CEO to oversee grid analytics, automation, and AI-driven operations.
  • Split Electric and Gas Operations Separate electric and gas operations into independent presidents to reduce COO span and create clearer P&L ownership.

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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

Joseph R. Nolan, Jr.

Chairman, President and Chief Executive Officer

Executive

8 yr

10 reports

Paul W. Chodak III

Executive Vice President and Chief Operating Officer

Operations

2 yr

3 reports

internal

John M. Moreira

Executive Vice President, Chief Financial Officer and Treasurer

Finance

6 yr

2 reports

internal

James W. Hunt, III

Executive Vice President, Corporate Relations and Sustainability

Corporate Affairs

5 yr

0 reports

Head of Human Resources and IT

Senior Vice President, Human Resources and Information Technology

HR & IT

1 yr

0 reports

internal

Gregory B. Butler

Executive Vice President and General Counsel

Legal

7 yr

0 reports

The businesses

How Eversource Energy divides the work

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

Electric Distribution

5K employees

Senior Vice President, Electric Operations

Operates and maintains electric distribution networks across Connecticut, Massachusetts, and New Hampshire.

$10.0B rev FY2025

Gas Distribution

3K employees

Senior Vice President, Gas Operations

Provides regulated natural gas distribution services across New England.

$2.6B rev FY2025

Electric Transmission

1K employees

Senior Vice President, Electric Transmission

Owns and operates high-voltage transmission infrastructure supporting regional reliability.

$2.3B rev FY2025

The thesis

Why this org is unusual

Eversource Energy’s most distinctive structural feature is the concentration of core utility operations under a powerful COO reporting to a long-tenured CEO.

Unlike peers that split electric, gas, and transmission into semi-autonomous business presidents, Eversource groups these functions under the COO, reinforcing enterprise-wide operating discipline.

The CEO maintains a moderate span of control, with six direct reports covering finance, operations, legal, corporate relations, sustainability, and human capital. This reflects a hybrid structure: regulated utility operations are centralized, while stakeholder-facing functions such as ESG and regulatory affairs are elevated to the C-suite.

The structure supports consistency across Eversource’s tri-state footprint, particularly important given heavy regulatory oversight and large-scale grid modernization programs. It also reflects continuity, with most senior leaders promoted internally and tenured through multiple regulatory cycles.

  • COO oversees all core utility operations
  • Long-tenured CEO with internal succession pipeline
  • ESG and sustainability elevated to EVP level

The comparison

How Eversource Energy stacks up

Compared with other large regulated utilities, Eversource’s structure is more centralized operationally. Peers such as Duke Energy and Exelon often separate electric and gas businesses into distinct presidents with P&L ownership, increasing CEO span but decentralizing accountability. Eversource’s COO-centric model …

C-suite size

Reporting depth

Eversource Energy
3 levels
5 levels
5 levels

Avg C-suite tenure

Eversource Energy
6 yr
5 yr

Has COO / Has CAIO

Eversource Energy ✓ COO — no CAIO
Duke Energy ✓ COO — no CAIO
Exelon — no COO — no CAIO
NextEra Energy ✓ COO — no CAIO
Dominion Energy ✓ COO — no CAIO

Current signals

What changed recently

The most consequential change was the consolidation of all utility operations under COO Paul Chodak.

  • Date not confirmed new
    Paul W. Chodak III Executive Vice President and Chief Operating Officer

    Appointed COO effective November 2023, consolidating electric, gas, and transmission operations.

    Source
  • Date not confirmed reorg
    Corporate Operations Operations Structure

    Operational leadership centralized under the COO during 2024–2025 to support grid modernization.

    Source

Leadership Timeline

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

FY2025
DEF 14A filed 2026-03-27
CEO
Joseph R. Nolan, Jr.
CEO span
5
C-suite
5
Avg tenure
5.6 yr

Operations fully consolidated under a COO.

Named executive officers (5)
  • Joseph R. Nolan, Jr. - CEO since 2017
  • John M. Moreira - CFO since 2019
  • Paul W. Chodak III - COO since 2023
  • Gregory B. Butler - General Counsel since 2018
  • James W. Hunt, III - Corporate Relations and Sustainability since 2021
FY2024
DEF 14A filed 2025-03-21
CEO
Joseph R. Nolan, Jr.
CEO span
6
C-suite
6
Avg tenure
5.2 yr

HR and IT represented at EVP level.

Named executive officers (5)
  • Joseph R. Nolan, Jr. - CEO since 2017
  • John M. Moreira - CFO since 2019
  • Paul W. Chodak III - COO since 2023
  • Susan Sgroi - HR and IT since 2024
  • Gregory B. Butler - General Counsel since 2018
FY2023
DEF 14A filed 2024-03-22
CEO
Joseph R. Nolan, Jr.
CEO span
5
C-suite
5
Avg tenure
4.8 yr

Pre-COO consolidation phase.

Named executive officers (1)
  • Joseph R. Nolan, Jr. - CEO since 2017

Year-over-year changes

FY2024 → FY2025

Operations were consolidated under the COO, slightly reducing CEO span and C-suite size.

  • CEO span: 6 → 5
  • C-suite size: 6 → 5
  • Avg tenure: 5.2 → 5.6 yr
  • reorg Operations - COO-led consolidation (DEF 14A 2026-03-27)

Frequently Asked Questions

Who is the CEO of Eversource Energy?

Joseph R. Nolan, Jr. has served as Chairman, President and CEO since 2017.

What type of organizational structure does Eversource Energy use?

Eversource uses a hybrid structure with centralized operations under a COO and enterprise functional leadership.

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

The CEO has five direct reports, including the CFO, COO, General Counsel, and EVPs.

How has Eversource Energy's leadership changed recently?

The company centralized utility operations under a COO during 2024–2025 to support large-scale grid investments.

Does Eversource Energy have a COO?

Yes. Paul W. Chodak III serves as Executive Vice President and Chief Operating Officer.

Sources

  • Company disclosures; DEF 14A filings
  • Company disclosures; 10-K 2025
  • SEC EDGAR: Eversource Energy DEF 14A Proxy Statement
  • SEC EDGAR: Eversource Energy 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). Eversource Energy organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/eversource-energy/
MLA 9th
"Eversource Energy Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/eversource-energy/. Accessed .
Chicago 17
Creately. "Eversource Energy Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/eversource-energy/.
Original SEC source View on SEC ↗
Eversource Energy. DEF 14A. Filed 2026-03-27. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/72741/000110465926036077/tm261423-1_def14a.htm

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

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