Redeia Corporación Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Management Score 3/4

Compensation vs Market
Compensation vs Earnings
Experienced Management
Experienced Board

Key information

Roberto García Merino

Chief executive officer

€890.0k

Total compensation

CEO salary percentage	54.0%
CEO tenure	5.8yrs
CEO ownership	n/a
Management average tenure	1.2yrs
Board average tenure	4.7yrs

Recent management updates

No updates

Recent updates

No updates

CEO Compensation Analysis

Dec 31 2024
Total Compensation	€890.000k
Salary	€481.000k
Company Earnings	€506.600m

Compensation vs Market: Roberto's total compensation ($USD962.89K) is below average for companies of similar size in the Italian market ($USD3.05M).

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

CEO

Roberto García Merino

5.8yrs

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
Roberto García Merino	CEO & Executive Director	5.8yrs	€890.00k	no data
Irene Gómez Barrio	Head of Investor Relations	no data	no data	no data
Carlos Garcia	General Counsel & Non-Director Secretary of the Board	no data	no data	no data
Tomas Dominguez Autran	Head of System Operation	1.2yrs	no data	no data
Luis Bodega	Head of Facilities’ Development & Support	1.2yrs	no data	no data
Maria Soneira	Head of Transmission’s Technology	1.2yrs	no data	no data
Ramon Goenechea	Head of Facilities’ Planning & Development	1.2yrs	no data	no data
Ricardo y del Pozo	Head of Power Measurement & Settlements	1.2yrs	no data	no data
Eduardo García	Head of System Operation Services	1.2yrs	no data	no data
Juan Merino	Head of System Operation in Non-peninsular Territories	1.2yrs	no data	no data
Manuel Cormenzana	Head of Maintenance & Construction’s Facilities	1.2yrs	no data	no data
Miguel de la Torre Rodríguez	Head of System Development	1.2yrs	no data	no data

1.2yrs

Average Tenure

Experienced Management: 1REE's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Roberto García Merino	CEO & Executive Director	5.8yrs	€890.00k	no data
Esther Maria Martinez	Proprietary Director	2.8yrs	€175.00k	no data
Antonio Gomez Ciria	External Independent Director	10.8yrs	€190.00k	no data
Mercedes Real Rodrigalvarez	Proprietary Director	7.4yrs	€175.00k	no data
Socorro Fernández Larrea	External Independent Director	10.8yrs	€190.00k	no data
José Ruiz Gómez	External Independent Director	6yrs	€175.00k	no data
Beatriz Sierra	Independent Non-Executive Chairwoman	5.1yrs	€546.00k	no data
Ricardo Herrera	Proprietary Director	4.3yrs	€175.00k	no data
Marcos Vaquer Caballeria	External Independent Director	3.8yrs	€191.00k	no data
Elisenda Malaret Garcia	External Independent Director	3.8yrs	€175.00k	no data
Jose Abad Hernandez	External Independent Director	3.8yrs	€175.00k	no data
Guadalupe de la Munoz	External Independent Director	less than a year	€100.00k	no data

4.7yrs

Average Tenure

66yo

Average Age

Experienced Board: 1REE's board of directors are considered experienced (4.7 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/03/24 22:04
End of Day Share Price	2025/03/21 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Redeia Corporación, S.A. is covered by 46 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Flora Mericia Trindade	Banco BPI, S.A.
Alejandro Miranda Fournier	Banco de Madrid S.A.U.
null null	Banco de Sabadell. S.A.