Nextracker Management
Management criteria checks 2/4
Nextracker's CEO is Dan Shugar, appointed in Feb 2023, has a tenure of 2.5 years. total yearly compensation is $20.10M, comprised of 4.3% salary and 95.7% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth $18.70M. The average tenure of the management team and the board of directors is 2.5 years and 2.3 years respectively.
Key information
Dan Shugar
Chief executive officer
US$20.1m
Total compensation
| CEO salary percentage | 4.29% |
| CEO tenure | 2.5yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.5yrs |
| Board average tenure | 2.3yrs |
Recent management updates
Recent updates
Nextracker Inc. (NASDAQ:NXT) Shares Could Be 27% Below Their Intrinsic Value Estimate
Aug 07
Nextracker's Moat Widens With AI, Robotics, And Automation
Jul 30Nextracker (NASDAQ:NXT) Is Reinvesting At Lower Rates Of Return
Jul 03Nextracker's (NASDAQ:NXT) Performance Is Even Better Than Its Earnings Suggest
May 29Nextracker: An Opportunity That Shines In The Sun
Apr 18Nextracker: Backlog Growth Creates Future Visibility
Mar 27Is Nextracker Inc. (NASDAQ:NXT) Trading At A 41% Discount?
Mar 24Nextracker Looks Like A Buy -- But Maybe Not An Easy Buy
Mar 13These 4 Measures Indicate That Nextracker (NASDAQ:NXT) Is Using Debt Safely
Feb 26Nextracker: Everything Is Set To Improve Results
Jan 28Why The 37% Return On Capital At Nextracker (NASDAQ:NXT) Should Have Your Attention
Jan 27Nextracker Inc: Well Positioned To Capitalize On Growing Solar Energy Demand
Jan 18Does Nextracker (NASDAQ:NXT) Have A Healthy Balance Sheet?
Nov 26Nextracker: Tracking Well On Quality Metrics
Nov 11Returns on Capital Paint A Bright Future For Nextracker (NASDAQ:NXT)
Oct 28Nextracker: Market Leadership And Growth Prospects Make It A Buy
Oct 24Here's Why We Think Nextracker (NASDAQ:NXT) Might Deserve Your Attention Today
Oct 06Getting In Cheap On Nextracker Inc. (NASDAQ:NXT) Is Unlikely
Sep 17
Solar Innovations And Decisive Acquisitions Fuel Robust Growth And Market Expansion
Expansion into international markets and strategic acquisitions like Ojjo and Solar Pile International signal robust demand and potential for increased market share.Nextracker: Tracking, Not Buying
Aug 27Nextracker: Competitive Pressures Should Compress Margins Over Time
Jun 18Nextracker: Rising Star In The Solar Industry
May 16Nextracker: Multiple Drivers To Aim For A Prosperous Future
Apr 11Nextracker: Q3 Earnings, The 'Skeletal System' For Solar Power
Feb 03Nextracker Inc.: Riding The Solar Power Tide While Growing Profitably
Jan 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 27 2025 | n/a | n/a | US$545m |
| Mar 31 2025 | US$20m | US$863k | US$509m |
| Dec 31 2024 | n/a | n/a | US$558m |
| Sep 27 2024 | n/a | n/a | US$484m |
| Jun 28 2024 | n/a | n/a | US$408m |
| Mar 31 2024 | US$21m | US$850k | US$306m |
| Dec 31 2023 | n/a | n/a | US$102m |
| Sep 29 2023 | n/a | n/a | US$61m |
| Jun 30 2023 | n/a | n/a | US$22m |
| Mar 31 2023 | US$9m | US$461k | US$1m |
| Dec 31 2022 | n/a | n/a | US$6m |
| Sep 30 2022 | n/a | n/a | US$18m |
| Jul 01 2022 | n/a | n/a | US$34m |
| Mar 31 2022 | US$1m | US$415k | US$51m |
Compensation vs Market: Dan's total compensation ($USD20.10M) is above average for companies of similar size in the US market ($USD8.83M).
Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.
CEO
Dan Shugar (61 yo)
Mr. Daniel S. Shugar, also known as Dan, has been the Chief Executive Officer and Director of Nextracker Inc. since February 8, 2023. He is the Co-Founder of legacy Nextracker Inc. and served as its Chief...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 2.5yrs | US$20.10m | 0.23% $ 18.7m | |
| Director & President | 2.5yrs | US$10.77m | 0.088% $ 7.0m | |
| Co-Founder & COO | 2.5yrs | US$6.26m | 0.11% $ 9.1m | |
| Chief Financial Officer | 1.3yrs | US$18.74m | 0.022% $ 1.8m | |
| Chief Accounting Officer | 1.3yrs | US$2.84m | 0.043% $ 3.4m | |
| Chief Legal & Compliance Officer and Secretary | less than a year | US$6.94m | 0.0068% $ 538.1k | |
| Co-Founder & Chief Commercial Officer | no data | no data | no data | |
| Co-Founder & CTO | no data | no data | no data | |
| Co-Founder & Chief Strategy Officer | no data | no data | no data | |
| Vice President of IR & Financial Communications | no data | no data | no data | |
| Vice President of Global Marketing | no data | no data | no data | |
| Chief Human Resources Manager | 2.8yrs | no data | no data |
Experienced Management: NXT's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 2.5yrs | US$20.10m | 0.23% $ 18.7m | |
| Director & President | 1.6yrs | US$10.77m | 0.088% $ 7.0m | |
| Independent Director | 2.5yrs | US$252.50k | 0.029% $ 2.3m | |
| Independent Chairman | 2.5yrs | US$330.00k | 0.012% $ 923.4k | |
| Independent Director | 2.5yrs | no data | no data | |
| Independent Director | 1.6yrs | US$240.00k | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 1.2yrs | US$232.43k | no data | |
| Independent Director | 2.5yrs | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 2.3yrs | US$252.50k | 0.0035% $ 278.6k |
Experienced Board: NXT's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/08/12 21:49 |
| End of Day Share Price | 2025/08/12 00:00 |
| Earnings | 2025/06/27 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Nextracker Inc. is covered by 37 analysts. 24 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Benjamin Kallo | Baird |
| Ishan Majumdar | Baptista Research |
| Christine Cho | Barclays |