How Haller was paid
$10M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|
| Karen S. HallerPresident and Chief Executive Officer | $1,090,685 | $5,776,085 | $1,861,200 | $1,102,265 | $199,174 | $10,029,409 |
| Robert J. StefaniFormer Senior Vice President/Chief Financial Officer | $617,529 | $1,238,395 | $613,914 | $6,562 | $1,723,162 | $4,199,562 |
| Justin S. ForsbergSenior Vice President/Chief Financial Officer and Treasurer | $359,723 | $183,111 | $493,500 | $3,227 | $47,133 | $1,086,694 |
| Justin L. BrownPresident, Southwest Gas Corporation | $607,411 | $1,207,332 | $648,248 | $553,640 | $23,273 | $3,039,904 |
| Randall P. GabeSenior Vice President/Chief Administrative Officer, Southwest Gas Corporation | $433,833 | $411,999 | $369,702 | $452,887 | $18,554 | $1,686,975 |
| Catherine M. MazzeoSenior Vice President/Chief Legal, Safety & Compliance Officer and Corporate Secretary | $439,915 | $550,902 | $407,109 | $395,300 | $16,720 | $1,809,946 |
What changed and why
- $10MCEO total compensation increased to $10,029,409 in fiscal 2025 from $8,153,592 in fiscal 2024.
- The Company completed the separation of Centuri Holdings, Inc. during 2025.
- 89%Stockholder support for the say-on-pay vote reached 89% at the prior annual meeting.
- The ratio of annual total compensation for the CEO to the median employee pay was 68 to 1.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.