Ameresco Management

Management criteria checks 3/4

Ameresco's CEO is George Sakellaris, appointed in Apr 2000, has a tenure of 23.17 years. total yearly compensation is $6.50M, comprised of 21.7% salary and 78.3% bonuses, including company stock and options. directly owns 38.46% of the company’s shares, worth MX$16.60B. The average tenure of the management team and the board of directors is 4.4 years and 10.3 years respectively.

Key information

George Sakellaris

Chief executive officer

US$6.5m

Total compensation

CEO salary percentage	21.7%
CEO tenure	23.2yrs
CEO ownership	38.5%
Management average tenure	4.4yrs
Board average tenure	10.3yrs

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
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
Sep 30 2017	n/a	n/a	US$17m
Jun 30 2017	n/a	n/a	US$14m
Mar 31 2017	n/a	n/a	US$10m
Dec 31 2016	US$873k	US$587k	US$12m

Compensation vs Market: George's total compensation ($USD6.50M) is above average for companies of similar size in the MX market ($USD1.61M).

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

CEO

George Sakellaris (76 yo)

23.2yrs

Tenure

US$6,499,486

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	23.2yrs	US$6.50m	38.46% $ 16.6b
Spencer Hole	Executive VP & CFO	3.9yrs	US$943.74k	0% $ 0
Michael Bakas	Executive Vice President of Energy Assets	no data	US$1.51m	0.00025% $ 107.9k
Nicole Bulgarino	Executive VP & GM of Federal Solutions	no data	US$1.41m	0.00091% $ 392.8k
Britta MacIntosh	Executive VP & GM of West Region and Europe	2.7yrs	US$1.47m	0.063% $ 27.3m
Mark Chiplock	Senior VP of Finance & Chief Accounting Officer	4.7yrs	US$735.98k	no data
David Corrsin	Executive VP	23.4yrs	US$452.51k	0.000080% $ 34.5k
Leila Dillon	Senior Vice President of Corporate Marketing & Communications	4.4yrs	no data	no data
Lenka Patten	Senior VP & Chief Human Resources Officer	less than a year	no data	no data
Louis Maltezos	Executive Vice President of Central Region & Canada Operations	14.2yrs	US$413.78k	0.058% $ 24.8m
Jonathan Mancini	Senior Vice President of Solar Project Development of Eastern Region	3yrs	no data	no data
Timothy Farkas	Director of Finance	no data	no data	no data

4.4yrs

Average Tenure

54.5yo

Average Age

Experienced Management: AMRC *'s management team is considered experienced (4.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
George Sakellaris	Founder	23.4yrs	US$6.50m	38.46% $ 16.6b
David Corrsin	Executive VP	23.4yrs	US$452.51k	0.000080% $ 34.5k
Joseph Sutton	Independent Lead Director	21.4yrs	US$174.01k	0.023% $ 10.1m
Nickolas Stavropoulos	Independent Director	4.2yrs	US$167.01k	0.012% $ 5.1m
Charles Patton	Independent Director	less than a year	no data	no data
Jennifer Miller	Independent Director	8.4yrs	US$170.01k	0.027% $ 11.7m
Francis Wisneski	Independent Director	12.1yrs	US$179.51k	0.026% $ 11.0m
Claire Hughes Johnson	Independent Director	2.4yrs	US$161.51k	0.0042% $ 1.8m

10.3yrs

Average Tenure

66yo

Average Age

Experienced Board: AMRC *'s board of directors are seasoned and experienced ( 10.3 years average tenure).

Ameresco Management

Management criteria checks 3/4

Key information

Recent management updates

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

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

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

Insufficient new directors

Recent updates

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

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

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

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

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

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

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

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

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

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

Investor sentiment deteriorates as stock falls 16%

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

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)

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

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

Investor sentiment improved over the past week

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

Insufficient new directors

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

Ameresco, Inc. Reaffirms Revenue Guidance for the Year 2022

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

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

Ameresco, Inc. Provides Revenue Guidance for the Fiscal Year 2022

Investor sentiment improved over the past week

Ameresco, Inc. to Report Q4, 2021 Results on Feb 28, 2022

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age