Redeia Corporación Management
Management criteria checks 3/4
Redeia Corporación's CEO is Roberto García Merino, appointed in May 2019, has a tenure of 5.33 years. total yearly compensation is €890.00K, comprised of 54% salary and 46% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth €285.89K. The average tenure of the management team and the board of directors is 0.7 years and 4.2 years respectively.
Key information
Roberto García Merino
Chief executive officer
€890.0k
Total compensation
| CEO salary percentage | 54.0% |
| CEO tenure | 5.3yrs |
| CEO ownership | 0.003% |
| Management average tenure | less than a year |
| Board average tenure | 4.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | €605m |
| Mar 31 2024 | n/a | n/a | €642m |
| Dec 31 2023 | €890k | €481k | €690m |
| Sep 30 2023 | n/a | n/a | €649m |
| Jun 30 2023 | n/a | n/a | €656m |
| Mar 31 2023 | n/a | n/a | €663m |
| Dec 31 2022 | €890k | €481k | €665m |
| Sep 30 2022 | n/a | n/a | €681m |
| Jun 30 2022 | n/a | n/a | €685m |
| Mar 31 2022 | n/a | n/a | €682m |
| Dec 31 2021 | €890k | €481k | €681m |
| Sep 30 2021 | n/a | n/a | €665m |
| Jun 30 2021 | n/a | n/a | €648m |
| Mar 31 2021 | n/a | n/a | €630m |
| Dec 31 2020 | €890k | €481k | €621m |
| Sep 30 2020 | n/a | n/a | €693m |
| Jun 30 2020 | n/a | n/a | €684m |
| Mar 31 2020 | n/a | n/a | €700m |
| Dec 31 2019 | €951k | €287k | €715m |
Compensation vs Market: Roberto's total compensation ($USD993.75K) is below average for companies of similar size in the German market ($USD5.36M).
Compensation vs Earnings: Roberto's compensation has been consistent with company performance over the past year.
CEO
Roberto García Merino
5.3yrs
Tenure
€890,000
Compensation
Mr. Roberto García Merino serves as Chief Executive Officer and Executive Director of Red Eléctrica Corporación, S.A. since May 27, 2019. Mr. Merino served as Executive Director of Telecommunications and I...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 5.3yrs | €890.00k | 0.0030% € 285.9k | |
| Head of Investor Relations | no data | no data | no data | |
| Director of Legal Services | less than a year | no data | no data | |
| Head of System Operation | less than a year | no data | no data | |
| Head of Facilities’ Development & Support | less than a year | no data | no data | |
| Head of Transmission’s Technology | less than a year | no data | no data | |
| Head of Facilities’ Planning & Development | less than a year | no data | no data | |
| Head of Power Measurement & Settlements | less than a year | no data | no data | |
| Head of System Operation Services | less than a year | no data | no data | |
| Head of System Operation in Non-peninsular Territories | less than a year | no data | no data | |
| Head of Maintenance & Construction’s Facilities | less than a year | no data | no data | |
| Head of System Development | less than a year | no data | no data |
0.7yrs
Average Tenure
Experienced Management: RE21's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 5.3yrs | €890.00k | 0.0030% € 285.9k | |
| Proprietary Director | 2.3yrs | €175.00k | 0.0040% € 380.9k | |
| External Independent Director | 10.3yrs | €190.00k | no data | |
| Proprietary Director | 6.9yrs | €175.00k | no data | |
| External Independent Director | 10.3yrs | €190.00k | no data | |
| External Independent Director | 5.5yrs | €175.00k | no data | |
| Independent Non-Executive Chairwoman | 4.6yrs | €546.00k | no data | |
| Proprietary Director | 3.8yrs | €175.00k | no data | |
| External Independent Director | 3.3yrs | €175.00k | no data | |
| External Independent Director | 3.3yrs | €175.00k | no data | |
| External Independent Director | 3.3yrs | €175.00k | no data | |
| External Independent Director | less than a year | no data | no data |
4.2yrs
Average Tenure
66yo
Average Age
Experienced Board: RE21's board of directors are considered experienced (4.2 years average tenure).