Energy Vault Holdings Management
Management criteria checks 2/4
Energy Vault Holdings' CEO is Rob Piconi, appointed in Feb 2022, has a tenure of 3.25 years. total yearly compensation is $7.04M, comprised of 11.1% salary and 88.9% bonuses, including company stock and options. directly owns 12.43% of the company’s shares, worth €16.67M. The average tenure of the management team and the board of directors is 2.2 years and 3.3 years respectively.
Key information
Rob Piconi
Chief executive officer
US$7.0m
Total compensation
| CEO salary percentage | 11.13% |
| CEO tenure | 3.3yrs |
| CEO ownership | 12.4% |
| Management average tenure | 2.2yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | -US$136m |
| Dec 31 2024 | US$7m | US$784k | -US$136m |
| Sep 30 2024 | n/a | n/a | -US$96m |
| Jun 30 2024 | n/a | n/a | -US$88m |
| Mar 31 2024 | n/a | n/a | -US$88m |
| Dec 31 2023 | US$4m | US$808k | -US$98m |
| Sep 30 2023 | n/a | n/a | -US$100m |
| Jun 30 2023 | n/a | n/a | -US$109m |
| Mar 31 2023 | n/a | n/a | -US$89m |
| Dec 31 2022 | US$22m | US$710k | -US$78m |
| Sep 30 2022 | n/a | n/a | -US$68m |
| Jun 30 2022 | n/a | n/a | -US$45m |
| Mar 31 2022 | n/a | n/a | -US$37m |
| Dec 31 2021 | US$5m | US$515k | -US$31m |
| Sep 30 2021 | n/a | n/a | -US$29m |
| Jun 30 2021 | n/a | n/a | -US$31m |
| Mar 31 2021 | n/a | n/a | -US$36m |
| Dec 31 2020 | US$384k | US$340k | -US$24m |
Compensation vs Market: Rob's total compensation ($USD7.04M) is above average for companies of similar size in the German market ($USD797.88K).
Compensation vs Earnings: Rob's compensation has increased whilst the company is unprofitable.
CEO
Rob Piconi (53 yo)
Mr. Robert Allen Piconi, also known as Rob, co-founded Energy Vault Holdings, Inc. and serves as Chairman, Chief Executive Officer since February 11, 2022. He also serves as Director of Energy Vault Holdin...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 3.3yrs | US$7.04m | 12.43% € 16.7m | |
| CFO & Head of Corporate Services | 1.1yrs | US$2.31m | no data | |
| Chief Development & Operations Officer | less than a year | US$1.65m | 0.49% € 658.2k | |
| Co-Founder & Chief Technology Officer | 8.3yrs | US$2.14m | 1.27% € 1.7m | |
| General Counsel & Chief Legal Officer | 1.3yrs | no data | no data | |
| Chief Marketing Officer & Chief of Staff | 3.3yrs | no data | 0.34% € 457.6k | |
| Senior Vice President of Corporate Development | 3.1yrs | no data | no data | |
| Head of Global Sales | less than a year | no data | no data | |
| Chief People Officer | 3.3yrs | no data | 0.55% € 744.4k | |
| Chief Commercial & Product Officer | 5.6yrs | US$8.38m | 0.44% € 585.1k | |
| President of EV Labs | less than a year | no data | 0.75% € 1.0m | |
| Chief Information Security Officer | less than a year | no data | no data |
Experienced Management: 8610's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 8.3yrs | US$7.04m | 12.43% € 16.7m | |
| Independent Director | 1.2yrs | US$236.43k | 0% € 0 | |
| Independent Director | 2.3yrs | US$228.95k | 0.018% € 24.4k | |
| Lead Independent Director | 4.3yrs | US$350.64k | 0.47% € 623.9k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 3.3yrs | US$249.71k | 0.0099% € 13.3k | |
| Independent Director | 3.3yrs | US$249.71k | 0.0099% € 13.3k | |
| Member of Strategic Advisory Board | 3.3yrs | no data | no data |
Experienced Board: 8610's board of directors are considered experienced (3.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/23 13:01 |
| End of Day Share Price | 2025/05/23 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| 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
Energy Vault Holdings, Inc. is covered by 5 analysts. 3 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 |
|---|---|
| Brian Lee | Goldman Sachs |
| Justin Clare | Roth Capital Partners |
| Stephen Gengaro | Stifel, Equities Research |