EDP Management

Management criteria checks 4/4

EDP's CEO is Miguel de Andrade, appointed in Jul 2020, has a tenure of 12.42 years. total yearly compensation is €2.10M, comprised of 46.2% salary and 53.8% bonuses, including company stock and options. directly owns 0.006% of the company’s shares, worth MX$17.84M. The average tenure of the management team and the board of directors is 4 years and 6.3 years respectively.

Key information

Miguel de Andrade

Chief executive officer

€2.1m

Total compensation

CEO salary percentage46.2%
CEO tenure4yrs
CEO ownership0.006%
Management average tenure4yrs
Board average tenure6.3yrs

Recent management updates

No updates

Recent updates

CEO Compensation Analysis

How has Miguel de Andrade's remuneration changed compared to EDP's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

€1b

Dec 31 2023€2m€970k

€952m

Sep 30 2023n/an/a

€1b

Jun 30 2023n/an/a

€809m

Mar 31 2023n/an/a

€1b

Dec 31 2022€2m€942k

€679m

Sep 30 2022n/an/a

€664m

Jun 30 2022n/an/a

€620m

Mar 31 2022n/an/a

€401m

Dec 31 2021€2m€950k

€657m

Sep 30 2021n/an/a

€889m

Jun 30 2021n/an/a

€829m

Mar 31 2021n/an/a

€834m

Dec 31 2020€2m€660k

€801m

Sep 30 2020n/an/a

€474m

Jun 30 2020n/an/a

€421m

Mar 31 2020n/an/a

€557m

Dec 31 2019€1m€660k

€512m

Sep 30 2019n/an/a

€682m

Jun 30 2019n/an/a

€544m

Mar 31 2019n/an/a

€454m

Dec 31 2018€1m€702k

€519m

Sep 30 2018n/an/a

€264m

Jun 30 2018n/an/a

€1b

Mar 31 2018n/an/a

€1b

Dec 31 2017€1m€570k

€1b

Compensation vs Market: Miguel's total compensation ($USD2.25M) is below average for companies of similar size in the MX market ($USD5.95M).

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


CEO

Miguel de Andrade (48 yo)

4yrs

Tenure

€2,100,224

Compensation

Mr. Miguel Stilwell de Andrade serves as President of the Board at EDP Energias do Brasil S.A. He is Vice Chairman of the Board at EDP Renováveis, S.A. since April 12, 2021 and serves as its Executive Vice...


Leadership Team

NamePositionTenureCompensationOwnership
Miguel de Andrade
Chairman of the Executive Board of Directors & CEO4yrs€2.10m0.0063%
MX$ 17.8m
Rui Manuel Rodrigues Teixeira
CFO & Member of the Executive Board of Directors3.5yrs€1.34m0.0011%
MX$ 3.1m
Pedro Vasconcelos
Member of Executive Boardno data€621.39kno data
Jose Miguel Viana
Head of Investor Relations & Sustainabilityno datano datano data
Ana Rita Pontífice De Almeida Côrte-Real
Company Secretary6.3yrsno datano data
Paula Cristina Guerra
Treasurerno datano datano data

4.0yrs

Average Tenure

51yo

Average Age

Experienced Management: EDP N's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Miguel de Andrade
Chairman of the Executive Board of Directors & CEO12.4yrs€2.10m0.0063%
MX$ 17.8m
Rui Manuel Rodrigues Teixeira
CFO & Member of the Executive Board of Directors9.3yrs€1.34m0.0011%
MX$ 3.1m
Joao Ramalho de Carvalho Talone
Independent Chairman of General & Supervisory Board3.3yrs€515.00kno data
Miguel Nuno Simões Ferreira Setas
Member of the Executive Board of Directors9.3yrs€1.56m0.00019%
MX$ 542.2k
Vera de Morais Pinto Carneiro
Member of Executive Board of Directors6.3yrs€1.53m0.00048%
MX$ 1.4m
João Carlos Carvalho Neves
Independent Member of General & Supervisory Board9.3yrs€143.00k0.00038%
MX$ 1.1m
José Manuel Care Viegas
President of Environment & Sustainability Board6.3yrsno datano data
Joana Balsemão
Member of Environment & Sustainability Board6.3yrsno datano data
Joaquim Martins
Member of Environment & Sustainability Board6.3yrsno datano data
Pedro Manuel Sousa Oliveira
Member of Environment & Sustainability Board6.3yrsno datano data
Ana Paula de Pina Marques
Member of the Executive Board of Directors3.5yrs€1.01mno data
Miguel Espregueira Mendes Leite
Member of General & Supervisory Board3.3yrs€95.00kno data

6.3yrs

Average Tenure

54yo

Average Age

Experienced Board: EDP N's board of directors are considered experienced (6.3 years average tenure).