Enphase Energy Management

Management criteria checks 3/4

Enphase Energy's CEO is Badri Kothandaraman, appointed in Sep 2017, has a tenure of 7.17 years. total yearly compensation is $19.53M, comprised of 2.3% salary and 97.7% bonuses, including company stock and options. directly owns 1.18% of the company’s shares, worth R$666.60M. The average tenure of the management team and the board of directors is 2.8 years and 7.5 years respectively.

Key information

Badri Kothandaraman

Chief executive officer

US$19.5m

Total compensation

CEO salary percentage	2.3%
CEO tenure	7.2yrs
CEO ownership	1.2%
Management average tenure	2.8yrs
Board average tenure	7.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Badri Kothandaraman's remuneration changed compared to Enphase Energy's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$61m
Jun 30 2024	n/a	n/a	US$130m
Mar 31 2024	n/a	n/a	US$276m
Dec 31 2023	US$20m	US$450k	US$439m
Sep 30 2023	n/a	n/a	US$572m
Jun 30 2023	n/a	n/a	US$573m
Mar 31 2023	n/a	n/a	US$492m
Dec 31 2022	US$17m	US$450k	US$397m
Sep 30 2022	n/a	n/a	US$296m
Jun 30 2022	n/a	n/a	US$203m
Mar 31 2022	n/a	n/a	US$166m
Dec 31 2021	US$19m	US$450k	US$145m
Sep 30 2021	n/a	n/a	US$166m
Jun 30 2021	n/a	n/a	US$183m
Mar 31 2021	n/a	n/a	US$97m
Dec 31 2020	US$5m	US$450k	US$134m
Sep 30 2020	n/a	n/a	US$178m
Jun 30 2020	n/a	n/a	US$169m
Mar 31 2020	n/a	n/a	US$227m
Dec 31 2019	US$4m	US$450k	US$161m
Sep 30 2019	n/a	n/a	US$45m
Jun 30 2019	n/a	n/a	US$11m
Mar 31 2019	n/a	n/a	-US$4m
Dec 31 2018	US$3m	US$450k	-US$12m
Sep 30 2018	n/a	n/a	-US$15m
Jun 30 2018	n/a	n/a	-US$19m
Mar 31 2018	n/a	n/a	-US$27m
Dec 31 2017	US$2m	US$288k	-US$45m

Compensation vs Market: Badri's total compensation ($USD19.53M) is above average for companies of similar size in the BR market ($USD5.75M).

Compensation vs Earnings: Badri's compensation has been consistent with company performance over the past year.

CEO

Badri Kothandaraman (51 yo)

7.2yrs

Tenure

US$19,527,534

Compensation

Mr. Badrinarayanan Kothandaraman, also known as Badri, is the President, Chief Executive Officer and Director of Enphase Energy, Inc. since September 3, 2017. Mr. Kothandaraman joined Enphase Energy, Inc....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Badrinarayanan Kothandaraman	President	7.2yrs	US$19.53m	1.18% R$ 666.6m
Mandy Yang	EVP & CFO	2.8yrs	US$6.66m	0.054% R$ 30.4m
Martin Fornage	Co-Founder	18.7yrs	US$1.05m	no data
Raghuveer Belur	SVP, Co-founder & Chief Products Officer	18.7yrs	US$758.90k	no data
Ron Swenson	Senior VP of Operations & VP of Supply Chain	2.8yrs	no data	no data
Mary Erginsoy	VP & Chief Accounting Officer	less than a year	no data	0.0072% R$ 4.0m
Hans Antwerpen	SVP & CTO	2.8yrs	no data	no data
Zachary Freedman	Head of Investor Relations	no data	no data	no data
Lisan Hung	Senior VP	no data	no data	no data
Sunil Thamaran	Senior VP & Chief People Officer	2.8yrs	no data	no data
Nitish Mathur	Senior Vice President of Customer Experience	less than a year	no data	no data
Sabbas Daniel	Senior VP of Quality & Sales	less than a year	no data	no data

2.8yrs

Average Tenure

55yo

Average Age

Experienced Management: E2NP34's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Badrinarayanan Kothandaraman	President	7.2yrs	US$19.53m	1.18% R$ 666.6m
Mary Erginsoy	VP & Chief Accounting Officer	less than a year	no data	0.0072% R$ 4.0m
Thurman Rodgers	Independent Director	7.8yrs	US$334.85k	1.53% R$ 866.7m
Steven Gomo	Chairman & Lead Independent Director	13.7yrs	US$374.99k	0.069% R$ 39.2m
Richard Mora	Independent Director	10.8yrs	US$334.85k	0.0023% R$ 1.3m
Jamie Rosand Haenggi	Independent Director	4.3yrs	US$314.85k	0.0056% R$ 3.2m
Benjamin Kortlang	Independent Director	14.5yrs	US$334.85k	0.15% R$ 86.5m
Joseph Malchow	Director	4.8yrs	US$309.85k	0.042% R$ 23.7m

7.5yrs

Average Tenure

52.5yo

Average Age

Experienced Board: E2NP34's board of directors are considered experienced (7.5 years average tenure).

Enphase Energy Management

Management criteria checks 3/4

Key information

Recent management updates

David Ranhoff to Step Down as Executive Vice President and Chief Commercial Officer of Enphase Energy, Inc., Effective as of June 30, 2024

Enphase Energy, Inc. Announces Executive Changes

Enphase Energy, Inc., Annual General Meeting, May 18, 2022

Enphase Energy, Inc. Announces Retirement of Eric Branderiz as Chief Financial Officer, Effective February 14, 2022

Recent updates

Enphase Energy, Inc. Unveils AI-Powered DIY Permitting Feature for Solargraf, Slashing Solar Permit Plan Creation Times by Up to 95%

Enphase Energy, Inc. Launches New Home Energy Systems in Romania with IQ Battery 5P and IQ8 Microinverters

Enphase Energy, Inc. Provides Earnings Guidance for the Fourth Quarter of 2024

Enphase Energy, Inc. Launches IQ8X Microinverters in the Netherlands and Austria, and IQ8 Series in Malta and New Caledonia

Enphase Energy Launches IQ8X Microinverters and Extends Warranty on Iq8 Series Microinverters to 25 Years in Australia

Enphase Energy Launches IQ Battery 5P and IQ Energy Management Software in Belgium

Enphase Energy, Inc. Announces Solution for Expanding Legacy NEM Solar Energy Systems in California

Enphase Energy, Inc. Begins Pre-Orders for IQ Battery 5Ps Produced in the United States

Enphase Energy Launches IQ Battery 5P and IQ Energy Management Software in the Netherlands

Enphase Energy, Inc. Introduces NACS Connectors for IQ EV Chargers in the United States and Canada

Enphase Energy, Inc. Launches IQ8 Microinverters for High-Powered Solar Panels in the Caribbean

Enphase Energy, Inc. Expands Deployments of IQ8 Microinverters in Europe

Levi & Korsinsky, LLP Announces Class Action Securities Lawsuit Against Enphase Energy, Inc

Enphase Energy, Inc. Provides Earnings Guidance for the Third Quarter of 2024

Enphase Energy, Inc. Announces Residential and Commercial Products to Help Qualify for Domestic Content Bonus Tax Credit

Enphase Energy Begins Iq8 Commercial Microinverter Shipments from Texas

Enphase Energy, Inc. Launches IQ Battery 5P in France

Enphase Energy Releases Its Solargraf Software Platform in the Netherlands

Enphase Energy, Inc. to Showcase New Product Innovations at Intersolar Europe

Enphase Energy Launches IQ Battery 5P in Canada

Bernstein Liebhard LLP Announces Securities Class Action Lawsuit Filed Against Enphase Energy, Inc

Enphase Energy, Inc. Provides Earning Guidance for the Second Quarter of 2024

Enphase Energy, Inc. Launches Power Control Software for its Home Solar and Battery Systems

David Ranhoff to Step Down as Executive Vice President and Chief Commercial Officer of Enphase Energy, Inc., Effective as of June 30, 2024

Enphase Energy Launches IQ8P Microinverters for High-Powered Solar Modules in France and Spain

Enphase Energy, Inc. Launches IQ8P Microinverters for High-Powered Solar Modules in Thailand and the Philippines

Enphase Energy, Inc. Announces Key Improvements and New Features for Solargraf, Its Cloud-Based Design, Proposal, and Permitting Software Platform

Enphase Energy, Inc. Provides Earning Guidance for the First Quarter of 2024

Enphase Energy, Inc. Starts Shipping IQ8 Microinverters in Belgium

Enphase Energy, Inc Launches New Home Energy Systems in Italy with IQ Battery 5P and IQ8 Microinverters

Enphase Energy, Inc. Launches New Iq8p Microinverters for High-Powered Solar Modules in Mexico

Enphase Energy, Inc. Launches New IQ8 Commercial Microinverters in North America

Enphase Energy Launches New IQ8 Microinverters for High-Powered Solar Modules in Austria

Enphase Energy, Inc. Announces Launch of IQ8 Microinverters and IQ Energy Router Family of Devices in Switzerland

Enphase Energy, Inc. Expands into South Africa with IQ8 Microinverters for High-Powered Solar Modules

Enphase Energy, Inc. Releases Its Solargraf Design and Proposal Software Platform in Germany and Austria

Enphase Energy, Inc. Announces Comprehensive Solution for California NEM 3.0

Enphase Energy, Inc. Provides Earnings Guidance for Third Quarter of 2023

Enphase Energy, Inc. Launches New IQ8 Microinverters for High-Powered Solar Modules in Germany

Enphase Energy, Inc. Launches New Home Energy Management Solution in Germany and Austria

Enphase Energy, Inc. Launches Most Powerful Home Battery in the United States and Puerto Rico with IQ Battery 5P

Enphase Energy, Inc Expands IQ Microinverter Deployments in the United Kingdom

Enphase Energy, Inc. Provides Guidance for the First Quarter of 2023

Enphase Energy, Inc. Demonstrates Bidirectional Electric Vehicle Charger Technology

Enphase Energy, Inc. Expands Solar Deployments in Brazil

Enphase Energy, Inc. Expands IQ8 Microinverter Deployments in the Netherlands

Enphase Energy, Inc. Provides Earnings Guidance for the Fourth Quarter of 2022

Enphase Energy, Inc. (NasdaqGM:ENPH) completed the acquisition of GreenCom Networks AG.

Enphase Energy, Inc. (NasdaqGM:ENPH) completed the acquisition of GreenCom Networks AG.

Enphase Energy, Inc. (NasdaqGM:ENPH) agreed to acquire GreenCom Networks AG.

Enphase Energy, Inc. Expands Clippercreek Product Deployments in the United States

Enphase Energy, Inc. Provides Financial Guidance for the Third Quarter of 2022

Enphase Energy, Inc. Announces Executive Changes

Enphase Energy, Inc. Installers in Australia Expand Adoption of IQ Microinverters Due to Their Safe AC Architecture

Enphase Energy, Inc. Announces IQ Battery Compatibility with Third-Party Inverters in Europe

Enphase Energy Provides Earnings Guidance for the Second Quarter 2022

Enphase Energy, Inc., Annual General Meeting, May 18, 2022

Enphase Energy, Inc. Announces Retirement of Eric Branderiz as Chief Financial Officer, Effective February 14, 2022

Enphase Energy, Inc. Provides Earnings Guidance for the First Quarter of 2022

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age