You can now read 10 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe


NStar chief complies with Coakley’s request for pay details

Thomas J. May, in a letter to state Attorney General Martha Coakley, disclosed Wednesday that he earned nearly $3.8 million in his last three months as chief executive of NStar, before the Boston utility merged with Northeast Utilities last year and May assumed leadership of the combined company.

Those earnings, combined with the $4.2 million May earned at Northeast Utilities after the April 2012 merger, would bring May’s compensation last year to about $8 million — more than $1 million less than he earned in 2011 running the smaller NStar. Northeast Utilities had earlier refused to disclose May’s NStar earnings because the utility no longer exists as a separate public company and the Securities and Exchange Commission does not require such reporting.

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week