HA Sustainable Infrastructure Capital Management

Management criteria checks 2/4

HA Sustainable Infrastructure Capital's CEO is Jeff Lipson, appointed in Mar 2023, has a tenure of 1.67 years. total yearly compensation is $8.25M, comprised of 9.2% salary and 90.8% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth $7.78M. The average tenure of the management team and the board of directors is 2.8 years and 6.1 years respectively.

Key information

Jeff Lipson

Chief executive officer

US$8.2m

Total compensation

CEO salary percentage	9.2%
CEO tenure	1.7yrs
CEO ownership	0.2%
Management average tenure	2.8yrs
Board average tenure	6.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jeff Lipson's remuneration changed compared to HA Sustainable Infrastructure Capital's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$218m
Jun 30 2024	n/a	n/a	US$259m
Mar 31 2024	n/a	n/a	US$246m
Dec 31 2023	US$8m	US$762k	US$148m
Sep 30 2023	n/a	n/a	US$38m
Jun 30 2023	n/a	n/a	US$51m
Mar 31 2023	n/a	n/a	US$20m
Dec 31 2022	US$3m	US$525k	US$41m
Sep 30 2022	n/a	n/a	US$123m
Jun 30 2022	n/a	n/a	US$86m
Mar 31 2022	n/a	n/a	US$120m
Dec 31 2021	US$4m	US$483k	US$126m
Sep 30 2021	n/a	n/a	US$88m
Jun 30 2021	n/a	n/a	US$112m
Mar 31 2021	n/a	n/a	US$108m
Dec 31 2020	US$2m	US$383k	US$82m
Sep 30 2020	n/a	n/a	US$102m
Jun 30 2020	n/a	n/a	US$90m
Mar 31 2020	n/a	n/a	US$91m
Dec 31 2019	US$1m	US$302k	US$80m

Compensation vs Market: Jeff's total compensation ($USD8.25M) is above average for companies of similar size in the UK market ($USD2.81M).

Compensation vs Earnings: Jeff's compensation has increased by more than 20% in the past year.

CEO

Jeff Lipson (56 yo)

1.7yrs

Tenure

US$8,249,497

Compensation

Mr. Jeffrey A. Lipson, also known as Jeff, serves as Chief Executive Officer and President of HA Sustainable Infrastructure Capital, Inc. (formerly known as Hannon Armstrong Sustainable Infrastructure Capi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jeffrey Eckel	Executive Chairman	11.8yrs	US$6.13m	0.54% $ 18.3m
Jeffrey Lipson	President	1.7yrs	US$8.25m	0.23% $ 7.8m
Marc Pangburn	Executive VP & CFO	1.7yrs	US$2.85m	0.048% $ 1.6m
Nathaniel Rose	Executive VP & Chief Investment Officer	1.7yrs	US$3.12m	0.13% $ 4.3m
Susan Nickey	Executive VP & Chief Client Officer	10.8yrs	US$2.66m	0.082% $ 2.7m
Charles Melko	Senior VP	7.7yrs	no data	0.019% $ 640.0k
Neha Gaddam	Senior Director of Investor Relations & Capital Markets	no data	no data	no data
Steven Chuslo	Executive VP	11.8yrs	US$2.74m	0.20% $ 6.6m
Katherine McGregor-Dent	Senior VP & Chief Human Resources Officer	4.6yrs	no data	no data
Daniel McMahon	Executive VP & Head of Syndications	17.8yrs	US$2.85m	0.10% $ 3.4m
Amanuel Haile-Mariam	Senior Managing Director	2.8yrs	no data	no data
Annmarie Reynolds	Senior Managing Director	2.8yrs	no data	no data

2.8yrs

Average Tenure

52yo

Average Age

Experienced Management: 0J2Z's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jeffrey Eckel	Executive Chairman	11.8yrs	US$6.13m	0.54% $ 18.3m
Jeffrey Lipson	President	1.7yrs	US$8.25m	0.23% $ 7.8m
Nancy Floyd	Independent Director	3.7yrs	US$208.60k	0.0073% $ 247.1k
Richard Osborne	Independent Director	11.8yrs	US$233.60k	0.031% $ 1.0m
Lizabeth Ardisana	Independent Director	2.1yrs	US$208.60k	0.00070% $ 23.5k
Steven Osgood	Independent Director	9.8yrs	US$190.40k	0.025% $ 830.6k
Teresa Brenner	Lead Independent Director	8.6yrs	US$253.60k	0.010% $ 350.6k
Charles O'Neil	Independent Director	11.6yrs	US$223.60k	0.019% $ 650.1k
Clarence Armbrister	Independent Director	3.7yrs	US$208.60k	0.00035% $ 11.8k
Kimberly A. Reed	Independent Director	1.7yrs	US$173.84k	0.0029% $ 97.5k

6.1yrs

Average Tenure

66.5yo

Average Age

Experienced Board: 0J2Z's board of directors are considered experienced (6.1 years average tenure).

HA Sustainable Infrastructure Capital Management

Management criteria checks 2/4

Key information

Recent management updates

Executive VP & Chief Investment Officer recently sold US$335k worth of stock

Hannon Armstrong Sustainable Infrastructure Capital, Inc., Annual General Meeting, Jun 06, 2024

High number of new directors

President recently bought US$73k worth of stock

Hannon Armstrong Sustainable Infrastructure Capital, Inc. Announces Chief Financial Officer Changes

Chairman recently bought US$293k worth of stock

Recent updates

Third quarter dividend of US$0.41 announced

Third quarter 2024 earnings released: US$0.17 loss per share (vs US$0.20 profit in 3Q 2023)

HA Sustainable Infrastructure Capital, Inc. Approves A Quarterly Cash Dividend, Payable on January 10, 2025

HA Sustainable Infrastructure Capital, Inc. to Report Q3, 2024 Results on Nov 07, 2024

Upcoming dividend of US$0.41 per share

Executive VP & Chief Investment Officer recently sold US$335k worth of stock

Second quarter dividend of US$0.41 announced

Now 21% undervalued

Second quarter 2024 earnings released: EPS: US$0.23 (vs US$0.14 in 2Q 2023)

HA Sustainable Infrastructure Capital, Inc. Approves Quarterly Cash Dividend on Common Stock, Payable on October 18, 2024

HA Sustainable Infrastructure Capital, Inc. to Report Q2, 2024 Results on Aug 01, 2024

Investor sentiment improves as stock rises 21%

First quarter dividend of US$0.41 announced

First quarter 2024 earnings released: EPS: US$1.09 (vs US$0.26 in 1Q 2023)

Hannon Armstrong Sustainable Infrastructure Capital, Inc. Approves Quarterly Dividend, Payable on July 12, 2024

Hannon Armstrong Sustainable Infrastructure Capital, Inc. to Report Q1, 2024 Results on May 07, 2024

Hannon Armstrong Sustainable Infrastructure Capital, Inc., Annual General Meeting, Jun 06, 2024

Upcoming dividend of US$0.41 per share

Fourth quarter dividend of US$0.41 announced

Full year 2023 earnings released: EPS: US$1.46 (vs US$0.47 in FY 2022)

Hannon Armstrong Sustainable Infrastructure Capital, Inc. Declares A Quarterly Cash Dividend, Payable on April 19, 2024

Hannon Armstrong Sustainable Infrastructure Capital, Inc. to Report Second Half, 2023 Results on Feb 15, 2024

Upcoming dividend of US$0.40 per share at 5.6% yield

Investor sentiment improves as stock rises 21%

Now 26% undervalued after recent price drop

Hannon Armstrong Sustainable Infrastructure Capital, Inc. Provides Annual Dividend Guidance

Third quarter 2023 earnings released: EPS: US$0.20 (vs US$0.39 in 3Q 2022)

New major risk - Share price stability

Hannon Armstrong Sustainable Infrastructure Capital, Inc. Provides Earnings Guidance for the Year 2024

Investor sentiment improves as stock rises 30%

Investor sentiment improves as stock rises 15%

Hannon Armstrong Sustainable Infrastructure Capital, Inc. to Report Q3, 2023 Results on Nov 02, 2023

Investor sentiment deteriorates as stock falls 17%

Upcoming dividend of US$0.40 per share at 6.7% yield

Now 20% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 17%

Now 20% undervalued after recent price drop

Hannon Armstrong Sustainable Infrastructure Capital, Inc. Affirms Earnings Guidance from 2021 to 2024

Second quarter 2023 earnings released: EPS: US$0.14 (vs US$0.21 loss in 2Q 2022)

Hannon Armstrong Sustainable Infrastructure Capital, Inc. to Report Q2, 2023 Results on Aug 03, 2023

Upcoming dividend of US$0.40 per share at 6.7% yield

Hannon Armstrong Sustainable Infrastructure Capital, Inc.(NYSE:HASI) dropped from Russell 2000 Value-Defensive Index

Hannon Armstrong Sustainable Infrastructure Capital, Inc. has completed a Follow-on Equity Offering in the amount of $300.000017 million.

Hannon Armstrong Sustainable Infrastructure Capital, Inc. Approves a Quarterly Cash Dividend, Payable on July 12, 2023

First quarter 2023 earnings released: EPS: US$0.27 (vs US$0.53 in 1Q 2022)

High number of new directors

Upcoming dividend of US$0.40 per share at 6.2% yield

President recently bought US$73k worth of stock

Investor sentiment deteriorates as stock falls 19%

Hannon Armstrong Sustainable Infrastructure Capital, Inc. Reaffirms Earnings Guidance for the Through 2024

Full year 2022 earnings released: EPS: US$0.47 (vs US$1.57 in FY 2021)

Hannon Armstrong Sustainable Infrastructure Capital, Inc. Announces Chief Financial Officer Changes

Investor sentiment improves as stock rises 21%

Hannon Armstrong Sustainable Infrastructure Capital, Inc. to Report Q4, 2022 Results on Feb 16, 2023

Investor sentiment improved over the past week

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) acquired 49% stake in 1.3 GW Renewables Portfolio from The AES Corporation (NYSE:AES).

Upcoming dividend of US$0.38 per share

Chairman recently bought US$293k worth of stock

Insider recently bought US$289k worth of stock

Third quarter 2022 earnings released: EPS: US$0.39 (vs US$0.038 loss in 3Q 2021)

Hannon Armstrong Sustainable Infrastructure Capital, Inc. Declares Quarterly Cash Dividend, Payable on January 6, 2023

Investor sentiment improved over the past week

Hannon Armstrong Sustainable Infrastructure Capital, Inc. to Report Q3, 2022 Results on Nov 03, 2022

Hannon Armstrong Sustainable Infrastructure Capital, Inc. Appoints Lizabeth Ardisana to Board of Directors

Investor sentiment deteriorated over the past week

Hannon Armstrong Sustainable Infrastructure Capital, Inc.(NYSE:HASI) dropped from Ardour Solar Energy Index

Upcoming dividend of US$0.38 per share

Investor sentiment deteriorated over the past week

Insider recently bought US$100k worth of stock