Harmonic Inc.

DB:HMC Stock Report

Market Cap: €1.5b

Harmonic Management

Management criteria checks 2/4

Harmonic's CEO is Nimrod Ben-Natan, appointed in Jun 2024, has a tenure of less than a year. total yearly compensation is $1.89M, comprised of 19.6% salary and 80.4% bonuses, including company stock and options. directly owns 0.29% of the company’s shares, worth €4.39M. The average tenure of the management team and the board of directors is 5.9 years and 0.5 years respectively.

Key information

Nimrod Ben-Natan

Chief executive officer

US$1.9m

Total compensation

CEO salary percentage19.6%
CEO tenureless than a year
CEO ownership0.3%
Management average tenure5.9yrs
Board average tenureless than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nimrod Ben-Natan's remuneration changed compared to Harmonic's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 27 2024n/an/a

US$85m

Jun 28 2024n/an/a

US$57m

Mar 29 2024n/an/a

US$71m

Dec 31 2023US$2mUS$371k

US$84m

Sep 29 2023n/an/a

US$6m

Jun 30 2023n/an/a

US$22m

Mar 31 2023n/an/a

US$35m

Dec 31 2022US$2mUS$352k

US$28m

Sep 30 2022n/an/a

US$42m

Jul 01 2022n/an/a

US$35m

Apr 01 2022n/an/a

US$18m

Dec 31 2021US$2mUS$390k

US$13m

Oct 01 2021n/an/a

US$7m

Jul 02 2021n/an/a

-US$49k

Apr 02 2021n/an/a

-US$13m

Dec 31 2020US$1mUS$377k

-US$29m

Sep 25 2020n/an/a

-US$37m

Jun 26 2020n/an/a

-US$20m

Mar 27 2020n/an/a

-US$17m

Dec 31 2019US$1mUS$347k

-US$6m

Sep 27 2019n/an/a

-US$8m

Jun 28 2019n/an/a

-US$28m

Mar 29 2019n/an/a

-US$19m

Dec 31 2018US$1mUS$324k

-US$21m

Sep 28 2018n/an/a

-US$36m

Jun 29 2018n/an/a

-US$44m

Mar 30 2018n/an/a

-US$73m

Dec 31 2017US$1mUS$334k

-US$83m

Compensation vs Market: Nimrod's total compensation ($USD1.89M) is about average for companies of similar size in the German market ($USD1.52M).

Compensation vs Earnings: Nimrod's compensation has increased by more than 20% in the past year.

CEO

Nimrod Ben-Natan (56 yo)

less than a year

Tenure

US$1,889,569

Compensation

Mr. Nimrod Ben-Natan is President, CEO & Director of Harmonic Inc. from June 11, 2024. Mr. Ben-Natan had been Senior Vice President at Harmonic Inc. since June 2012 until June 11, 2024 and served as its Ge...

Leadership Team

NamePositionTenureCompensationOwnership
Nimrod Ben-Natan
Presidentless than a yearUS$1.89m0.29%
€ 4.4m
Walter Jankovic
Chief Financial Officer1.6yrsUS$3.40m0.029%
€ 440.3k
Neven Haltmayer
Senior VP & Interim GM of Video Business13.8yrsUS$1.38m0.11%
€ 1.7m
Jeremy Rosenberg
Senior Vice President of Business Development7.9yrsUS$913.29k0.13%
€ 2.0m
Jean-Marc Guiot
Senior Vice President of Operations & IT5.9yrsno datano data
David Hanover
Investor Relation Officerno datano datano data
Timothy Chu
General Counsel11.2yrsno data0.064%
€ 962.5k
Tim Warren
Senior VP of Innovation & Chief Cybersecurity Officerno dataUS$904.51kno data
Gil Rudge
Senior Vice President of Video Products2.9yrsno datano data

5.9yrs

Average Tenure

55.5yo

Average Age

Experienced Management: HMC's management team is seasoned and experienced (5.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Nimrod Ben-Natan
Presidentless than a yearUS$1.89m0.29%
€ 4.4m
David Krall
Independent Director6.8yrsUS$205.75k0.13%
€ 2.0m
Patrick Gallagher
Independent Chairman of the Board17.2yrsUS$255.75k0.24%
€ 3.6m
Stephanie Copeland
Independent Directorless than a yearno datano data
Indraneel Dev
Directorless than a yearno datano data
Daniel Whalen
Directorless than a yearUS$171.25k0.021%
€ 316.3k
Mitzi Reaugh
Independent Director12.4yrsUS$211.25k0.24%
€ 3.6m
Dana Filip-Crandall
Independent Directorless than a yearno datano data
Deborah Clifford
Independent Director6.2yrsUS$216.75k0.092%
€ 1.4m

0.5yrs

Average Tenure

56yo

Average Age

Experienced Board: HMC's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 06:48
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/27
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

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Analyst Sources

Harmonic Inc. is covered by 24 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Blair KingAvondale Partners
Amir RozwadowskiBarclays
Timothy LongBarclays