Ameresco Management

Management criteria checks 4/4

Ameresco's CEO is George Sakellaris, appointed in Apr 2000, has a tenure of 24.42 years. total yearly compensation is $1.97M, comprised of 76.1% salary and 23.9% bonuses, including company stock and options. directly owns 38.41% of the company’s shares, worth $776.97M. The average tenure of the management team and the board of directors is 5.8 years and 11.5 years respectively.

Key information

George Sakellaris

Chief executive officer

US$2.0m

Total compensation

CEO salary percentage	76.1%
CEO tenure	24.4yrs
CEO ownership	38.4%
Management average tenure	5.8yrs
Board average tenure	11.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has George Sakellaris's remuneration changed compared to Ameresco's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	US$57m
Mar 31 2024	n/a	n/a	US$58m
Dec 31 2023	US$2m	US$2m	US$62m
Sep 30 2023	n/a	n/a	US$47m
Jun 30 2023	n/a	n/a	US$53m
Mar 31 2023	n/a	n/a	US$79m
Dec 31 2022	US$6m	US$1m	US$95m
Sep 30 2022	n/a	n/a	US$105m
Jun 30 2022	n/a	n/a	US$95m
Mar 31 2022	n/a	n/a	US$77m
Dec 31 2021	US$7m	US$1m	US$70m
Sep 30 2021	n/a	n/a	US$66m
Jun 30 2021	n/a	n/a	US$68m
Mar 31 2021	n/a	n/a	US$59m
Dec 31 2020	US$1m	US$950k	US$54m
Sep 30 2020	n/a	n/a	US$53m
Jun 30 2020	n/a	n/a	US$42m
Mar 31 2020	n/a	n/a	US$46m
Dec 31 2019	US$4m	US$800k	US$44m
Sep 30 2019	n/a	n/a	US$34m
Jun 30 2019	n/a	n/a	US$36m
Mar 31 2019	n/a	n/a	US$35m
Dec 31 2018	US$1m	US$733k	US$38m
Sep 30 2018	n/a	n/a	US$50m
Jun 30 2018	n/a	n/a	US$48m
Mar 31 2018	n/a	n/a	US$45m
Dec 31 2017	US$950k	US$665k	US$37m

Compensation vs Market: George's total compensation ($USD1.97M) is about average for companies of similar size in the UK market ($USD2.24M).

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

CEO

George Sakellaris (77 yo)

24.4yrs

Tenure

US$1,970,680

Compensation

Mr. George P. Sakellaris, P.E., founded Ameresco, Inc. in April 2000 and also has been its Chairman, Chief Executive Officer and President since 2000. Mr. Sakellaris had a vision of creating an energy comp...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
George Sakellaris	Founder	24.4yrs	US$1.97m	38.41% $ 777.0m
Michael Bakas	Executive Vice President	no data	US$510.06k	0.021% $ 422.1k
Nicole Bulgarino	Executive VP and GM of Federal & Utility Solutions	no data	US$510.69k	0.061% $ 1.2m
Mark Chiplock	Senior VP & Chief Accounting Officer	5.9yrs	US$735.98k	0.0010% $ 20.4k
David Corrsin	Executive VP	24.7yrs	US$452.51k	0.0011% $ 22.3k
Leila Dillon	Senior Vice President of Corporate Marketing & Communications	5.7yrs	no data	no data
Lenka Patten	Senior VP & Chief Human Resources Officer	1.8yrs	no data	no data
Louis Maltezos	Executive Vice President of West Region & Canada Operations	15.4yrs	US$413.78k	0.058% $ 1.2m
Jonathan Mancini	Senior Vice President of Solar Project Development of Eastern Region	4.3yrs	no data	no data
Timothy Farkas	Director of Finance	no data	no data	no data
Peter Christakis	Executive VP & GM of East Region	1.3yrs	no data	0.022% $ 446.2k
Robert McCullough	President of Ameresco Canada	no data	no data	no data

5.8yrs

Average Tenure

55yo

Average Age

Experienced Management: 0A70's management team is seasoned and experienced (5.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
George Sakellaris	Founder	24.7yrs	US$1.97m	38.41% $ 777.0m
David Corrsin	Executive VP	24.7yrs	US$452.51k	0.0011% $ 22.3k
Joseph Sutton	Independent Lead Director	22.7yrs	US$271.16k	0.048% $ 973.7k
Nickolas Stavropoulos	Independent Director	5.4yrs	US$242.16k	0.018% $ 356.0k
Charles Patton	Independent Director	1.4yrs	US$232.28k	0.0067% $ 135.1k
Jennifer Miller	Independent Director	9.7yrs	US$246.29k	0.033% $ 664.9k
Francis Wisneski	Independent Director	13.3yrs	US$251.16k	0.027% $ 549.6k
Claire Hughes Johnson	Independent Director	3.7yrs	US$235.91k	0.010% $ 201.7k

11.5yrs

Average Tenure

67yo

Average Age

Experienced Board: 0A70's board of directors are seasoned and experienced ( 11.5 years average tenure).

Ameresco Management

Management criteria checks 4/4

Key information

Recent management updates

Ameresco, Inc., Annual General Meeting, Jun 04, 2024

Insufficient new directors

Founder recently bought US$903k worth of stock

Ameresco, Inc. Announces Resignation of Britta Macintosh as Executive Vice President, West Region and European Operations, Effective December 31, 2023

Ameresco, Inc. Announces Board Changes

Insufficient new directors

Recent updates

Investor sentiment improves as stock rises 17%

Second quarter 2024 earnings released: EPS: US$0.096 (vs US$0.12 in 2Q 2023)

Ameresco, Inc. Provides Earnings Guidance for the Fiscal Year 2024

Investor sentiment improves as stock rises 21%

Ameresco, Inc. to Report Q2, 2024 Results on Aug 05, 2024

Investor sentiment deteriorates as stock falls 16%

Ameresco, Inc. and U.S. Army Unveil Advanced Renewable Energy System At Fort Detrick

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 29%

Ameresco, Inc. Reaffirms Financial Guidance for the Full Year Ending December 31, 2024

First quarter 2024 earnings released: US$0.056 loss per share (vs US$0.021 profit in 1Q 2023)

Ameresco, Inc., Annual General Meeting, Jun 04, 2024

Investor sentiment deteriorates as stock falls 17%

Ameresco, Inc. to Report Q1, 2024 Results on May 07, 2024

Investor sentiment improves as stock rises 16%

Full year 2023 earnings released: EPS: US$1.20 (vs US$1.83 in FY 2022)

Investor sentiment deteriorates as stock falls 16%

Investor sentiment improves as stock rises 15%

Ameresco, Inc. to Report Q4, 2023 Results on Feb 28, 2024

Insufficient new directors

Investor sentiment deteriorates as stock falls 15%

Investor sentiment improves as stock rises 18%

Investor sentiment improves as stock rises 24%

Founder recently bought US$903k worth of stock

New major risk - Share price stability

New minor risk - Profit margin trend

Third quarter 2023 earnings released: EPS: US$407 (vs US$0.53 in 3Q 2022)

Ameresco, Inc. Revises Earnings Guidance for the Full Year of 2023

Ameresco, Inc. Announces Resignation of Britta Macintosh as Executive Vice President, West Region and European Operations, Effective December 31, 2023

Investor sentiment deteriorates as stock falls 16%

Ameresco, Inc. to Report Q3, 2023 Results on Nov 06, 2023

Investor sentiment deteriorates as stock falls 19%

Ameresco, Inc. (NYSE:AMRC) acquired Clean Energy Asset from Bright Canyon Energy.

Second quarter 2023 earnings released: EPS: US$0.12 (vs US$0.62 in 2Q 2022)

Ameresco, Inc. Reaffirms Revenue Guidance for the Fiscal Year 2023

Ameresco, Inc. to Report Q2, 2023 Results on Jul 31, 2023

Investor sentiment improves as stock rises 15%

First quarter 2023 earnings released: EPS: US$0.021 (vs US$0.34 in 1Q 2022)

Full year 2022 earnings released: EPS: US$1.83 (vs US$1.38 in FY 2021)

Investor sentiment deteriorates as stock falls 15%

Investor sentiment deteriorates as stock falls 15%

Ameresco, Inc. Announces Board Changes

Ameresco, Inc. to Report Q4, 2022 Results on Feb 27, 2023

Ameresco, Inc. (NYSE:AMRC) acquired Wind Farm In West County Cork, Ireland.

Insufficient new directors

Ameresco, Inc. Appoints Lenka Patten as Senior Vice President and Chief Human Resources Officer

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: US$0.53 (vs US$0.34 in 3Q 2021)

Ameresco, Inc. Provides Revenue Guidance for the Full Year of 2022

Investor sentiment deteriorated over the past week

Ameresco, Inc. to Report Q3, 2022 Results on Nov 01, 2022

Second quarter 2022 earnings released: EPS: US$622 (vs US$0.27 in 2Q 2021)

Ameresco, Inc. Provides Earnings Guidance for the Third Quarter and Full Year 2022

Investor sentiment improved over the past week

Now 25% undervalued after recent price drop

Ameresco, Inc. to Report Q2, 2022 Results on Aug 01, 2022

Ameresco, Inc.(NYSE:AMRC) dropped from Russell 2000 Growth-Defensive Index

Investor sentiment deteriorated over the past week

Ameresco Announces Resignation of Thomas Murley from Its Board of Directors, Effective June 30, 2022

Insufficient new directors

Investor sentiment improved over the past week

Ameresco, Inc. Reaffirms Revenue Guidance for the Year 2022

First quarter 2022 earnings released: EPS: US$0.34 (vs US$0.23 in 1Q 2021)

Insufficient new directors

Ameresco, Inc. to Report Q1, 2022 Results on May 02, 2022

Investor sentiment deteriorated over the past week

Ameresco, Inc., Annual General Meeting, May 19, 2022

Investor sentiment improved over the past week

Full year 2021 earnings: Revenues and EPS in line with analyst expectations