Advanced Energy Industries Management
Management criteria checks 3/4
Advanced Energy Industries' CEO is Steve Kelley, appointed in Mar 2021, has a tenure of 3.75 years. total yearly compensation is $8.30M, comprised of 11.4% salary and 88.6% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth €5.56M. The average tenure of the management team and the board of directors is 3.8 years and 5.4 years respectively.
Key information
Steve Kelley
Chief executive officer
US$8.3m
Total compensation
| CEO salary percentage | 11.4% |
| CEO tenure | 3.8yrs |
| CEO ownership | 0.1% |
| Management average tenure | 3.8yrs |
| Board average tenure | 5.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$45m |
| Jun 30 2024 | n/a | n/a | US$93m |
| Mar 31 2024 | n/a | n/a | US$105m |
| Dec 31 2023 | US$8m | US$948k | US$131m |
| Sep 30 2023 | n/a | n/a | US$138m |
| Jun 30 2023 | n/a | n/a | US$179m |
| Mar 31 2023 | n/a | n/a | US$197m |
| Dec 31 2022 | US$7m | US$898k | US$202m |
| Sep 30 2022 | n/a | n/a | US$196m |
| Jun 30 2022 | n/a | n/a | US$142m |
| Mar 31 2022 | n/a | n/a | US$133m |
| Dec 31 2021 | US$7m | US$657k | US$135m |
Compensation vs Market: Steve's total compensation ($USD8.30M) is above average for companies of similar size in the German market ($USD1.93M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
CEO
Steve Kelley (62 yo)
3.8yrs
Tenure
US$8,296,122
Compensation
Mr. Stephen D. Kelley, also known as Steve, serves as Chief Executive Officer, President and Director of Advanced Energy Industries, Inc., since March 1, 2021. He joined the Advanced Energy Industries, Inc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.8yrs | US$8.30m | 0.14% € 5.6m | |
| Executive VP & CFO | 6.6yrs | US$2.81m | 0.057% € 2.3m | |
| Executive VP & COO | 3.3yrs | US$2.59m | 0.024% € 960.8k | |
| Executive VP | 2.7yrs | US$1.72m | 0.0071% € 289.3k | |
| Executive VP & Global Head of Sales | 3.4yrs | US$1.88m | 0.017% € 675.6k | |
| Senior VP & Chief Accounting Officer | 1.1yrs | no data | 0.0025% € 100.4k | |
| Senior VP & CTO | 3.9yrs | no data | no data | |
| Senior Vice President of Corporate Development | less than a year | no data | no data | |
| Senior VP & Chief People Officer | 3.9yrs | no data | no data | |
| Vice President | 10.8yrs | US$550.56k | no data | |
| Senior Vice President of Strategic & Corporate Marketing | 3.9yrs | no data | no data | |
| Senior Vice President of Plasma Power Products | 3.9yrs | no data | no data |
3.8yrs
Average Tenure
57yo
Average Age
Experienced Management: AVX's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.8yrs | US$8.30m | 0.14% € 5.6m | |
| Independent Director | 16.2yrs | US$281.18k | 0.099% € 4.0m | |
| Independent Chairman of the Board | 10.6yrs | US$370.20k | 0.17% € 6.8m | |
| Independent Director | 10.1yrs | US$286.18k | 0.10% € 4.2m | |
| Independent Director | 8.6yrs | US$271.18k | 0.095% € 3.9m | |
| Independent Director | 2.5yrs | US$269.18k | 0.013% € 511.6k | |
| Independent Director | 6.6yrs | US$284.18k | 0.022% € 911.1k | |
| Independent Director | 2.8yrs | US$266.18k | 0.015% € 594.5k | |
| Independent Director | 4.2yrs | US$274.18k | 0.014% € 551.6k | |
| Independent Director | 4.2yrs | US$271.18k | 0.018% € 727.9k |
5.4yrs
Average Tenure
62yo
Average Age
Experienced Board: AVX's board of directors are considered experienced (5.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:28 |
| 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 |
|
* 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
Advanced Energy Industries, Inc. is covered by 25 analysts. 11 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 |
|---|---|
| Marc Bachman | Auriga USA LLC |
| Robert Mason | Baird |
| Christopher Muse | Barclays |