Avista Management

Management criteria checks 3/4

Avista's CEO is Dennis Vermillion, appointed in Oct 2019, has a tenure of 5.17 years. total yearly compensation is $5.23M, comprised of 16.8% salary and 83.2% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth €4.43M. The average tenure of the management team and the board of directors is 2.3 years and 8.3 years respectively.

Key information

Dennis Vermillion

Chief executive officer

US$5.2m

Total compensation

CEO salary percentage16.8%
CEO tenure5.2yrs
CEO ownership0.2%
Management average tenure2.3yrs
Board average tenure8.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dennis Vermillion's remuneration changed compared to Avista's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$197m

Jun 30 2024n/an/a

US$193m

Mar 31 2024n/an/a

US$188m

Dec 31 2023US$5mUS$879k

US$171m

Sep 30 2023n/an/a

US$165m

Jun 30 2023n/an/a

US$144m

Mar 31 2023n/an/a

US$138m

Dec 31 2022US$5mUS$838k

US$155m

Sep 30 2022n/an/a

US$128m

Jun 30 2022n/an/a

US$148m

Mar 31 2022n/an/a

US$151m

Dec 31 2021US$5mUS$769k

US$147m

Sep 30 2021n/an/a

US$155m

Jun 30 2021n/an/a

US$146m

Mar 31 2021n/an/a

US$149m

Dec 31 2020US$5mUS$738k

US$129m

Sep 30 2020n/an/a

US$122m

Jun 30 2020n/an/a

US$122m

Mar 31 2020n/an/a

US$130m

Dec 31 2019US$2mUS$526k

US$197m

Sep 30 2019n/an/a

US$192m

Jun 30 2019n/an/a

US$197m

Mar 31 2019n/an/a

US$197m

Dec 31 2018US$1mUS$431k

US$136m

Sep 30 2018n/an/a

US$118m

Jun 30 2018n/an/a

US$112m

Mar 31 2018n/an/a

US$109m

Dec 31 2017US$2mUS$407k

US$116m

Compensation vs Market: Dennis's total compensation ($USD5.23M) is above average for companies of similar size in the German market ($USD1.93M).

Compensation vs Earnings: Dennis's compensation has been consistent with company performance over the past year.


CEO

Dennis Vermillion (62 yo)

5.2yrs

Tenure

US$5,229,962

Compensation

Mr. Dennis P. Vermillion has been the President and Director of Avista Corporation since January 1, 2018 and also served as its Chief Executive Officer since October 1, 2019 until October 1, 2023. He joine...


Leadership Team

NamePositionTenureCompensationOwnership
Dennis Vermillion
CEO & Director5.2yrsUS$5.23m0.16%
€ 4.4m
Heather Rosentrater
President & COO2.3yrsUS$1.33m0.029%
€ 805.2k
Kevin Christie
CFO, Treasurer & Senior VP of Regulatory Affairs1.6yrsUS$1.24m0.031%
€ 841.2k
Wayne Manuel
VP, Chief Information Officer & Chief Security Officer1.5yrsUS$908.98k0.0031%
€ 86.0k
Ryan Krasselt
VP, Controller & Principal Accounting Officer9.2yrsno data0.034%
€ 929.9k
Gregory Hesler
Senior VP4.9yrsno data0.018%
€ 500.1k
Bryan Cox
Senior VP of Safety & Chief People Officer4.9yrsno data0.017%
€ 457.0k
David Meyer
VP and Chief Counsel for Regulatory & Government Affairs20.8yrsUS$519.93k0.0069%
€ 188.7k
Latisha Hill
VP of Community Affairs & Chief Customer Officer1.9yrsno data0.015%
€ 412.0k
Joshua Diluciano
Vice President of Energy Delivery2.3yrsno data0.0080%
€ 220.0k
Scott Kinney
Vice President of Energy Resources2.3yrsno data0.012%
€ 324.1k
Alec J. Mesdag
President & CEO of Alaska Electric Power and Light Co.1.9yrsno datano data

2.3yrs

Average Tenure

52yo

Average Age

Experienced Management: AV6's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Dennis Vermillion
CEO & Director6.9yrsUS$5.23m0.16%
€ 4.4m
Heidi Stanley
Independent Director18.6yrsUS$221.67k0.031%
€ 847.0k
Scott Morris
Non Executive Chairman17.8yrsUS$321.67k0.15%
€ 4.2m
Donald Burke
Independent Vice Chairman of the Board13.3yrsUS$261.67k0.037%
€ 1.0m
Rebecca Klein
Independent Director14.6yrsUS$236.67k0.029%
€ 800.0k
Janet Widmann
Independent Director10.3yrsUS$236.67k0.029%
€ 808.8k
Jeffry Philipps
Independent Director5.1yrsUS$221.67k0.018%
€ 488.0k
Scott Maw
Independent Director8.3yrsUS$237.50k0.034%
€ 920.0k
Sena Kwawu
Independent Director3.6yrsUS$231.67k0.015%
€ 400.7k
Kevin Jacobsen
Independent Director1.6yrsUS$148.33k0.011%
€ 312.5k
Julie Bentz
Independent Director3.1yrsUS$221.67k0.013%
€ 344.9k

8.3yrs

Average Tenure

59yo

Average Age

Experienced Board: AV6's board of directors are considered experienced (8.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 17:07
End of Day Share Price 2024/10/04 00:00
Earnings2024/09/30
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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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

Avista Corporation is covered by 14 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
Michael WormsBMO Capital Markets U.S. (Historical)
Julien Dumoulin-SmithBofA Global Research
Ross Allen FowlerBofA Global Research