Eversource Energy Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Joe Nolan

Chief executive officer

US$18.9m

Total compensation

CEO salary percentage	7.0%
CEO tenure	3yrs
CEO ownership	0.02%
Management average tenure	4.3yrs
Board average tenure	6.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Joe Nolan's remuneration changed compared to Eversource Energy's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-US$412m
Dec 31 2023	US$19m	US$1m	-US$442m
Sep 30 2023	n/a	n/a	US$1b
Jun 30 2023	n/a	n/a	US$1b
Mar 31 2023	n/a	n/a	US$1b
Dec 31 2022	US$13m	US$1m	US$1b
Sep 30 2022	n/a	n/a	US$1b
Jun 30 2022	n/a	n/a	US$1b
Mar 31 2022	n/a	n/a	US$1b
Dec 31 2021	US$6m	US$1m	US$1b
Sep 30 2021	n/a	n/a	US$1b
Jun 30 2021	n/a	n/a	US$1b
Mar 31 2021	n/a	n/a	US$1b
Dec 31 2020	US$5m	US$631k	US$1b
Sep 30 2020	n/a	n/a	US$1b
Jun 30 2020	n/a	n/a	US$1b
Mar 31 2020	n/a	n/a	US$935m
Dec 31 2019	US$6m	US$590k	US$909m
Sep 30 2019	n/a	n/a	US$890m
Jun 30 2019	n/a	n/a	US$861m
Mar 31 2019	n/a	n/a	US$1b
Dec 31 2018	US$3m	US$562k	US$1b

Compensation vs Market: Joe's total compensation ($USD18.89M) is above average for companies of similar size in the German market ($USD5.55M).

Compensation vs Earnings: Joe's compensation has increased whilst the company is unprofitable.

CEO

Joe Nolan (59 yo)

3yrs

Tenure

US$18,885,577

Compensation

Mr. Joseph R. Nolan, Jr. also known as Joe, is Chairman of NSTAR Gas Company. Mr. Nolan serves as an Independent Director at Needham Bank sine 2023. He serves as an Independent Director Nb Bancorp, Inc. He...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Joseph Nolan	President	3yrs	US$18.89m	0.018% $ 3.7m
John Moreira	Executive VP. CFO & Treasurer	5.7yrs	US$4.21m	0.0052% $ 1.0m
Gregory Butler	Executive VP & General Counsel	23yrs	US$2.60m	0.020% $ 4.1m
Christine Carmody	Senior Strategic Advisor	less than a year	US$3.20m	0.012% $ 2.5m
James Hunt	Executive VP of Corporate Relations & Sustainability and Secretary	3yrs	US$2.06m	0.0043% $ 874.4k
Paul Chodak	Executive VP & COO	less than a year	no data	no data
Jay Buth	VP, Controller & Chief Accounting Officer	14.9yrs	no data	0.0064% $ 1.3m
Jeffrey Kotkin	Vice President of Investor Relations	22.9yrs	no data	no data
Duncan MacKay	Chief Compliance Officer & Deputy General Counsel	no data	no data	no data
Susan Sgroi	Executive VP of Human Resources & Information Technology	less than a year	no data	no data
Penelope McLean-Conner	Executive Vice President of Customer Experience & Energy Strategy	11.2yrs	no data	0.0039% $ 779.5k
James Muntz	President of Transmission	no data	US$2.22m	no data

4.3yrs

Average Tenure

59yo

Average Age

Experienced Management: NWJ's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Joseph Nolan	President	3yrs	US$18.89m	0.018% $ 3.7m
Daniel Nova	Independent Trustee	less than a year	US$167.57k	no data
Cotton Cleveland	Independent Trustee	32.3yrs	US$297.44k	0.0014% $ 274.6k
William Van Faasen	Independent Lead Trustee	12.1yrs	US$337.69k	0% $ 0
John Kim	Independent Trustee	6.3yrs	US$296.44k	0.0043% $ 864.3k
David Long	Independent Trustee	5yrs	US$282.69k	0% $ 0
Francis Doyle	Independent Trustee	12.1yrs	US$307.69k	0.0022% $ 440.2k
Loretta Keane	Independent Trustee	1.3yrs	no data	0% $ 0
Kenneth Leibler	Independent Trustee	17.5yrs	US$282.44k	0.0065% $ 1.3m
Gregory Jones	Independent Trustee	4yrs	US$282.44k	0% $ 0
Frederica Williams	Independent Trustee	12.1yrs	US$282.44k	0% $ 0
Linda Forry	Independent Trustee	6yrs	US$282.69k	0.0030% $ 603.8k

6.2yrs

Average Tenure

64.5yo

Average Age

Experienced Board: NWJ's board of directors are considered experienced (6.2 years average tenure).

Eversource Energy Management

Management criteria checks 2/4

Key information

Recent management updates

Eversource Energy, Annual General Meeting, May 01, 2024

Eversource Energy Announces Executive Changes, Effective on January 8, 2024

Eversource Energy Appoints Paul Chodak as Executive Vice President and Chief Operating Officer, Effective November 13, 2023

Independent Trustee recently sold €143k worth of stock

Eversource Energy Announces Board Changes, Effective January 1, 2023

Eversource Energy Announces Board Changes

Recent updates

First quarter 2024 earnings released: EPS: US$1.49 (vs US$1.41 in 1Q 2023)

Eversource Energy, Annual General Meeting, May 01, 2024

Upcoming dividend of US$0.71 per share

Full year 2023 earnings released: US$1.27 loss per share (vs US$4.05 profit in FY 2022)

Third quarter dividend of US$0.71 announced

Eversource Energy Declares a Quarterly Dividend, Payable on March 29, 2024

Now 24% undervalued after recent price drop

Eversource Energy in Talks to Sell Stakes in Wind Projects

Now 20% undervalued after recent price drop

Eversource Energy Announces Executive Changes, Effective on January 8, 2024

Eversource Energy Approves Quarterly Dividend, Payable on December 29, 2023

Now 21% undervalued after recent price drop

Third quarter 2023 earnings released: EPS: US$0.97 (vs US$1.01 in 3Q 2022)

Now 21% undervalued after recent price drop

Eversource Energy Appoints Paul Chodak as Executive Vice President and Chief Operating Officer, Effective November 13, 2023

Eversource Energy Approves Quarterly Dividend, Payable on September 29, 2023

Eversource Energy Begins Drilling on First-in-the-Nation Geothermal Project

New minor risk - Earnings quality

Second quarter 2023 earnings released: EPS: US$0.044 (vs US$0.84 in 2Q 2022)

Upcoming dividend of US$0.68 per share at 3.5% yield

Eversource Energy Approves a Common Dividend, Payable on June 30, 2023

First quarter 2023 earnings released: EPS: US$1.41 (vs US$1.29 in 1Q 2022)

Upcoming dividend of US$0.68 per share at 3.4% yield

Independent Trustee recently sold €143k worth of stock

Full year 2022 earnings released: EPS: US$4.05 (vs US$3.55 in FY 2021)

Eversource Energy Declares Dividend, Payable on March 31, 2023

Eversource Energy Announces Board Changes, Effective January 1, 2023

Eversource Energy Declares Common Quarterly Dividend, Payable on December 30, 2022

Third quarter 2022 earnings released: EPS: US$1.01 (vs US$0.82 in 3Q 2021)

Eversource Energy Announces Board Changes

Executive VP & General Counsel recently sold €457k worth of stock

Second quarter 2022 earnings released: EPS: US$0.84 (vs US$0.77 in 2Q 2021)

Insider recently sold €342k worth of stock

Independent Trustee recently sold €160k worth of stock

First quarter 2022 earnings released: EPS: US$1.29 (vs US$1.07 in 1Q 2021)

Eversource Energy Approves Common Dividend, Payable on June 30, 2022

Independent Trustee recently sold €143k worth of stock

Insider recently sold €53k worth of stock

Upcoming dividend of US$0.64 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Eversource Energy Provides Earnings Guidance for the Year 2022

Eversource Energy Approves Quarterly Dividend, Payable on March 31, 2022

Third quarter 2021 earnings released: EPS US$0.82 (vs US$1.01 in 3Q 2020)

Upcoming dividend of US$0.60 per share

Second quarter 2021 earnings released: EPS US$0.77 (vs US$0.75 in 2Q 2020)

Eversource Energy(NYSE:ES) dropped from Russell 1000 Dynamic Index

Executive VP & General Counsel recently sold €810k worth of stock

Independent Lead Trustee recently sold €128k worth of stock

Upcoming dividend of US$0.60 per share

First quarter 2021 earnings released: EPS US$1.07 (vs US$1.01 in 1Q 2020)

New 90-day low: €68.00

Full year 2020 earnings released: EPS US$3.56 (vs US$2.83 in FY 2019)

Revenue beats expectations

New 90-day high: €82.00

Revenue beats expectations

Third quarter 2020 earnings released: EPS US$1.01

New 90-day high: €78.50

New 90-day low - €69.50

Insider recently sold €218.1k worth of stock

New 90-day low - €71.50

First half earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members