Nextracker Management
Management criteria checks 0/4
Nextracker's CEO is Dan Shugar, appointed in Feb 2023, has a tenure of 1.83 years. total yearly compensation is $20.73M, comprised of 4.1% salary and 95.9% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth MX$106.30M. The average tenure of the management team and the board of directors is 1.8 years and 1.8 years respectively.
Key information
Dan Shugar
Chief executive officer
US$20.7m
Total compensation
| CEO salary percentage | 4.1% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.1% |
| Management average tenure | 1.8yrs |
| Board average tenure | 1.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 27 2024 | n/a | n/a | US$484m |
| Jun 28 2024 | n/a | n/a | US$408m |
| Mar 31 2024 | US$21m | US$850k | US$306m |
| Dec 31 2023 | n/a | n/a | US$102m |
| Sep 29 2023 | n/a | n/a | US$61m |
| Jun 30 2023 | n/a | n/a | US$22m |
| Mar 31 2023 | US$9m | US$461k | US$1m |
| Dec 31 2022 | n/a | n/a | US$6m |
| Sep 30 2022 | n/a | n/a | US$18m |
| Jul 01 2022 | n/a | n/a | US$34m |
| Mar 31 2022 | US$1m | US$415k | US$51m |
Compensation vs Market: Dan's total compensation ($USD20.73M) is above average for companies of similar size in the MX market ($USD2.35M).
Compensation vs Earnings: Dan's compensation has increased by more than 20% in the past year.
CEO
Dan Shugar (60 yo)
1.8yrs
Tenure
US$20,725,590
Compensation
Mr. Daniel S. Shugar, also known as Dan, has been the Chief Executive Officer and Director of Nextracker Inc. since February 8, 2023. He is the Co-Founder of legacy Nextracker Inc. and served as its Chief...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 1.8yrs | US$20.73m | 0.10% MX$ 106.3m | |
| Director & President | 1.8yrs | US$10.66m | 0.024% MX$ 24.5m | |
| Co-Founder & COO | 1.8yrs | US$5.59m | 0.011% MX$ 11.1m | |
| Chief Financial Officer | less than a year | US$186.72k | 0.0025% MX$ 2.6m | |
| Chief Accounting Officer | less than a year | US$9.02m | 0.016% MX$ 16.1m | |
| President of Strategy | 1.8yrs | US$7.55m | 0.015% MX$ 15.4m | |
| Co-Founder & Chief Commercial Officer | no data | no data | no data | |
| Co-Founder & CTO | no data | no data | no data | |
| Co-Founder & Chief Strategy Officer | no data | no data | no data | |
| Vice President of IR & Financial Communications | no data | no data | no data | |
| General Counsel | 1.8yrs | US$434.98k | 0.011% MX$ 11.3m | |
| Vice President of Global Marketing | no data | no data | no data |
1.8yrs
Average Tenure
56yo
Average Age
Experienced Management: NXT1 *'s management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 1.8yrs | US$20.73m | 0.10% MX$ 106.3m | |
| Director & President | less than a year | US$10.66m | 0.024% MX$ 24.5m | |
| Independent Director | 1.8yrs | US$256.25k | 0.030% MX$ 30.7m | |
| Chairman | 1.8yrs | US$330.00k | 0.019% MX$ 19.6m | |
| Independent Director | 1.8yrs | no data | no data | |
| Independent Director | less than a year | US$129.76k | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 1.8yrs | no data | no data | |
| Independent Director | 1.7yrs | no data | 0.0036% MX$ 3.7m |
1.8yrs
Average Tenure
60yo
Average Age
Experienced Board: NXT1 *'s board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 07:54 |
| End of Day Share Price | 2024/10/23 00:00 |
| Earnings | 2024/09/27 |
| Annual Earnings | 2024/03/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
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 .
Analyst Sources
Nextracker Inc. is covered by 39 analysts. 28 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 |
|---|---|
| Benjamin Kallo | Baird |
| Ishan Majumdar | Baptista Research |
| Christine Cho | Barclays |