Array Technologies Management
Management criteria checks 2/4
Array Technologies' CEO is Kevin Hostetler, appointed in Apr 2022, has a tenure of 2.67 years. total yearly compensation is $5.72M, comprised of 14.9% salary and 85.1% bonuses, including company stock and options. directly owns 0.073% of the company’s shares, worth €566.58K. The average tenure of the management team and the board of directors is 1.9 years and 3.3 years respectively.
Key information
Kevin Hostetler
Chief executive officer
US$5.7m
Total compensation
| CEO salary percentage | 14.9% |
| CEO tenure | 2.7yrs |
| CEO ownership | 0.07% |
| Management average tenure | 1.9yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$149m |
| Jun 30 2024 | n/a | n/a | US$17m |
| Mar 31 2024 | n/a | n/a | US$57m |
| Dec 31 2023 | US$6m | US$850k | US$86m |
| Sep 30 2023 | n/a | n/a | US$62m |
| Jun 30 2023 | n/a | n/a | US$81m |
| Mar 31 2023 | n/a | n/a | US$11m |
| Dec 31 2022 | US$6m | US$600k | -US$44m |
Compensation vs Market: Kevin's total compensation ($USD5.72M) is above average for companies of similar size in the German market ($USD1.45M).
Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.
CEO
Kevin Hostetler (56 yo)
2.7yrs
Tenure
US$5,716,945
Compensation
Mr. Kevin G. Hostetler has been Chief Executive Officer at Array Technologies, Inc. since April 2022 and serves as its Director since 2022. He served as Chief Executive Officer and Director at Rotork plc s...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.7yrs | US$5.72m | 0.073% € 566.6k | |
| COO & President | 1.9yrs | US$1.58m | 0.0042% € 32.7k | |
| Chief Human Resources Officer | 2.3yrs | US$1.34m | 0.024% € 189.1k | |
| Chief Accounting Officer | less than a year | no data | no data | |
| Chief Strategy & Technology Officer | no data | no data | no data | |
| Chief Commercial Officer | less than a year | no data | no data |
1.9yrs
Average Tenure
57.5yo
Average Age
Experienced Management: 9AY's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.7yrs | US$5.72m | 0.073% € 566.6k | |
| Independent Chairman | 8.4yrs | US$355.00k | 0.070% € 545.0k | |
| Independent Director | 3.3yrs | US$245.00k | 0.027% € 211.2k | |
| Independent Director | 4.9yrs | US$270.00k | 0.020% € 152.6k | |
| Independent Director | 3.3yrs | US$460.09k | no data | |
| Independent Director | 2.1yrs | US$245.00k | 0% € 0 | |
| Independent Director | 4.9yrs | US$262.50k | 0.020% € 152.6k | |
| Independent Director | 3.3yrs | US$245.00k | 0.011% € 83.3k | |
| Independent Director | 3.6yrs | US$245.00k | 0.019% € 149.9k |
3.3yrs
Average Tenure
57.5yo
Average Age
Experienced Board: 9AY'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 | 2024/12/20 12:35 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Management | 10 years |
| |
| 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 here.
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 .
Analyst Sources
Array Technologies, Inc. is covered by 36 analysts. 23 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 |
|---|---|
| Christine Cho | Barclays |
| Ameet Thakkar | BMO Capital Markets Equity Research |
| Moses Sutton | BNP Paribas Exane |