Eversource Energy

BOVESPA:E1SE34 Stock Report

Market Cap: R$135.9b

Eversource Energy Management

Management criteria checks 2/4

Eversource Energy's CEO is Joe Nolan, appointed in May 2021, has a tenure of 3.5 years. total yearly compensation is $18.89M, comprised of 7% salary and 93% bonuses, including company stock and options. directly owns 0.034% of the company’s shares, worth R$46.53M. The average tenure of the management team and the board of directors is 4.8 years and 5.5 years respectively.

Key information

Joe Nolan

Chief executive officer

US$18.9m

Total compensation

CEO salary percentage7.0%
CEO tenure3.5yrs
CEO ownership0.03%
Management average tenure4.8yrs
Board average tenure5.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Joe Nolan's remuneration changed compared to Eversource Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$549m

Jun 30 2024n/an/a

-US$92m

Mar 31 2024n/an/a

-US$412m

Dec 31 2023US$19mUS$1m

-US$442m

Sep 30 2023n/an/a

US$1b

Jun 30 2023n/an/a

US$1b

Mar 31 2023n/an/a

US$1b

Dec 31 2022US$13mUS$1m

US$1b

Sep 30 2022n/an/a

US$1b

Jun 30 2022n/an/a

US$1b

Mar 31 2022n/an/a

US$1b

Dec 31 2021US$6mUS$1m

US$1b

Sep 30 2021n/an/a

US$1b

Jun 30 2021n/an/a

US$1b

Mar 31 2021n/an/a

US$1b

Dec 31 2020US$5mUS$631k

US$1b

Sep 30 2020n/an/a

US$1b

Jun 30 2020n/an/a

US$1b

Mar 31 2020n/an/a

US$935m

Dec 31 2019US$6mUS$590k

US$909m

Sep 30 2019n/an/a

US$890m

Jun 30 2019n/an/a

US$861m

Mar 31 2019n/an/a

US$1b

Dec 31 2018US$3mUS$562k

US$1b

Compensation vs Market: Joe's total compensation ($USD18.89M) is above average for companies of similar size in the BR market ($USD5.73M).

Compensation vs Earnings: Joe's compensation has increased whilst the company is unprofitable.

CEO

Joe Nolan (60 yo)

3.5yrs

Tenure

US$18,885,577

Compensation

Mr. Joseph R. Nolan, Jr. also known as Joe, is Chairman of NSTAR Gas Company. Mr. Nolan serves as an Independent Director at Needham Bank sine 2023. He serves as an Independent Director Nb Bancorp, Inc. He...

Leadership Team

NamePositionTenureCompensationOwnership
Joseph Nolan
President3.5yrsUS$18.89m0.034%
R$ 46.5m
John Moreira
Executive VP. CFO & Treasurer6.2yrsUS$4.21m0.0050%
R$ 6.7m
Gregory Butler
Executive VP & General Counsel23.5yrsUS$2.60m0.020%
R$ 26.6m
James Hunt
Executive VP of Corporate Relations & Sustainability and Secretary3.5yrsUS$2.06m0.0041%
R$ 5.6m
Paul Chodak
Executive VP & COOless than a yearno data0.0012%
R$ 1.6m
Jay Buth
VP, Controller & Chief Accounting Officer15.4yrsno data0.0061%
R$ 8.3m
Jeffrey Kotkin
Vice President of Investor Relations23.4yrsno datano data
Duncan MacKay
Chief Compliance Officer & Deputy General Counselno datano datano data
Susan Sgroi
Executive VP of Human Resources & Information Technologyless than a yearno datano data
Penelope McLean-Conner
Executive Vice President of Customer Experience & Energy Strategy11.7yrsno data0.0025%
R$ 3.4m
Rima Hyder
Vice President of Investor Relationsless than a yearno datano data
James Muntz
President of Transmissionno dataUS$2.22mno data

4.8yrs

Average Tenure

60yo

Average Age

Experienced Management: E1SE34's management team is considered experienced (4.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Joseph Nolan
President3.5yrsUS$18.89m0.034%
R$ 46.5m
Daniel Nova
Lead Independent Trustee1.4yrsUS$167.57k0.000060%
R$ 81.6k
Cotton Cleveland
Independent Trustee32.8yrsUS$297.69k0.0013%
R$ 1.8m
John Kim
Independent Trustee6.8yrsUS$296.44k0.0041%
R$ 5.6m
David Long
Independent Trustee5.5yrsUS$282.69kno data
Loretta Keane
Independent Trustee1.8yrsUS$290.19kno data
Gregory Jones
Independent Trustee4.5yrsUS$282.69kno data
Frederica Williams
Independent Trustee12.6yrsUS$282.69kno data
Linda Forry
Independent Trustee6.5yrsUS$282.69k0.0029%
R$ 3.9m

5.5yrs

Average Tenure

64yo

Average Age

Experienced Board: E1SE34's board of directors are considered experienced (5.5 years average tenure).