EDP Renováveis Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Miguel de Andrade

Chief executive officer

€1.0m

Total compensation

CEO salary percentage	54.7%
CEO tenure	3.8yrs
CEO ownership	n/a
Management average tenure	3yrs
Board average tenure	no data

Recent management updates

Recent updates

CEO Compensation Analysis

How has Miguel de Andrade's remuneration changed compared to EDP Renováveis's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	€74m
Jun 30 2024	n/a	n/a	€439m
Mar 31 2024	n/a	n/a	€312m
Dec 31 2023	€1m	€550k	€309m
Sep 30 2023	n/a	n/a	€645m
Jun 30 2023	n/a	n/a	€431m
Mar 31 2023	n/a	n/a	€615m
Dec 31 2022	€558k	€384k	€616m
Sep 30 2022	n/a	n/a	€923m
Jun 30 2022	n/a	n/a	€779m
Mar 31 2022	n/a	n/a	€683m
Dec 31 2021	€384k	n/a	€655m

Compensation vs Market: Miguel's total compensation ($USD1.05M) is below average for companies of similar size in the German market ($USD4.81M).

Compensation vs Earnings: Miguel's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Miguel de Andrade (48 yo)

3.8yrs

Tenure

€1,005,835

Compensation

Mr. Miguel Stilwell de Andrade serves as President of the Board at EDP Energias do Brasil S.A. He is Vice Chairman of the Board at EDP Renováveis, S.A. since April 12, 2021 and serves as its Executive Vice...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Miguel de Andrade	Chief Executive Officer	3.8yrs	€1.01m	no data
Rui Manuel Rodrigues Teixeira	Chief Financial Officer	3.8yrs	€704.25k	no data
Bautista Rodriguez	CTO & Business Offshore	3yrs	no data	no data
Maria Rodriguez	Secretary & Executive Director of Legal Department	3yrs	no data	no data
Duarte de Castro Bello	Chief Operating Officer of Europe & Latin America	7.2yrs	€5.15k	no data
Sandhya Ganapathy	Chief Operating Officer of North America	2.9yrs	no data	no data
Pedro Vasconcelos	Chief Operating Officer of APAC	3yrs	no data	no data

3.0yrs

Average Tenure

46.5yo

Average Age

Experienced Management: EDW0's management team is considered experienced (3 years average tenure).

EDP Renováveis Management

Management criteria checks 2/4

Key information

Recent management updates

EDP Renováveis, S.A. Appoints Laurie Fitch as Non-Executive Director and Member

EDP Renováveis, S.A., Annual General Meeting, Apr 04, 2024

Recent updates

EDP Renováveis, S.A. (ENXTLS:EDPR) completed the acquisition of 49% stake in 970-MW portfolio of wind farms in Portugal, Poland and Italy from ACE Investment Fund II LP and ACE Investment Fund I LP for €580 million.

EDP Renováveis, S.A. Appoints Laurie Fitch as Non-Executive Director and Member

Connor, Clark & Lunn Infrastructure Ltd. completed the acquisition of an 80% stake in 297 megawatt (MW) wind farm in Alberta, Canada from EDP Renováveis, S.A. (ENXTLS:EDPR) for enterprise value of approximately CAD 700 million.

EDP Renováveis, S.A., Annual General Meeting, Apr 04, 2024

EDP Renováveis, S.A. to Report Q1, 2024 Results on May 08, 2024

Eni New Energy US Inc. entered into an agreement to acquire 80% equity stake in Three Photovoltaic Plants in US. from EDP Renováveis, S.A. (ENXTLS:EDPR).

ORLEN Wind 3 Sp. z o.o. completed the acquisition of 300 MW RENEWABLES PORTFOLIO from EDP Renováveis, S.A. (ENXTLS:EDPR) for enterprise value of PLN 2.2 billion.

Statkraft AS signed an agreement to acquire a portfolio of 260 MW wind farms in Brazil from EDP Renováveis, S.A. (ENXTLS:EDPR) for NOK 3.5 billion.

Statkraft Energias Renováveis S.A. signed an agreement to acquire Two operational wind farms in Jerusalém and Boqueirão from EDP Renováveis, S.A. (ENXTLS:EDPR).

ORLEN WIND 3 acquired 300 MW RENEWABLES PORTFOLIO from EDP Renováveis, S.A. (ENXTLS:EDPR) for PLN 2.2 billion.