NRG Energy Management
Management criteria checks 3/4
NRG Energy's CEO is Larry Coben, appointed in Nov 2023, has a tenure of less than a year. total yearly compensation is $12.50M, comprised of 0.08% salary and 99.9% bonuses, including company stock and options. directly owns 0.008% of the company’s shares, worth MX$23.76M. The average tenure of the management team and the board of directors is 2.4 years and 5.4 years respectively.
Key information
Larry Coben
Chief executive officer
US$12.5m
Total compensation
| CEO salary percentage | 0.08% |
| CEO tenure | less than a year |
| CEO ownership | 0.008% |
| Management average tenure | 2.4yrs |
| Board average tenure | 5.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$2b |
| Dec 31 2023 | US$12m | US$10k | -US$256m |
| Sep 30 2023 | n/a | n/a | -US$2b |
| Jun 30 2023 | n/a | n/a | -US$2b |
| Mar 31 2023 | n/a | n/a | -US$2b |
| Dec 31 2022 | US$479k | n/a | US$1b |
| Sep 30 2022 | n/a | n/a | US$2b |
| Jun 30 2022 | n/a | n/a | US$3b |
| Mar 31 2022 | n/a | n/a | US$4b |
| Dec 31 2021 | US$467k | n/a | US$2b |
| Sep 30 2021 | n/a | n/a | US$2b |
| Jun 30 2021 | n/a | n/a | US$1b |
| Mar 31 2021 | n/a | n/a | US$307m |
| Dec 31 2020 | US$525k | n/a | US$510m |
| Sep 30 2020 | n/a | n/a | US$4b |
| Jun 30 2020 | n/a | n/a | US$4b |
| Mar 31 2020 | n/a | n/a | US$4b |
| Dec 31 2019 | US$473k | n/a | US$4b |
| Sep 30 2019 | n/a | n/a | US$564m |
| Jun 30 2019 | n/a | n/a | US$455m |
| Mar 31 2019 | n/a | n/a | US$270m |
| Dec 31 2018 | US$472k | n/a | US$460m |
| Sep 30 2018 | n/a | n/a | -US$788m |
| Jun 30 2018 | n/a | n/a | -US$860m |
| Mar 31 2018 | n/a | n/a | -US$748m |
| Dec 31 2017 | US$437k | n/a | -US$1b |
Compensation vs Market: Larry's total compensation ($USD12.50M) is above average for companies of similar size in the MX market ($USD6.01M).
Compensation vs Earnings: Larry's compensation has been consistent with company performance over the past year.
CEO
Larry Coben (64 yo)
less than a year
Tenure
US$12,495,838
Compensation
Dr. Lawrence Stephen Coben, also known as Larry, Ph. D. is Interim President and Chief Executive Officer at NRG Energy, Inc. since November 17, 2023. He served as the Chairman and Chief Executive Officer a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim President | less than a year | US$12.50m | 0.0083% $ 23.8m | |
| EVP & CFO | less than a year | US$5.05m | 0.017% $ 48.2m | |
| Advisor | 8.3yrs | US$3.91m | 0.051% $ 146.4m | |
| Executive Vice President of NRG Business | 10.4yrs | US$3.82m | 0.048% $ 137.6m | |
| Executive VP of Smart Home & President of NRG Consumer and Vivint | 1.2yrs | US$5.51m | 0.053% $ 152.2m | |
| Senior VP & Chief Accounting Officer | less than a year | no data | no data | |
| Senior Vice President of Data & Technology | 2.3yrs | no data | no data | |
| Senior VP of Administration & Chief Compliance Officer | 2.4yrs | no data | no data | |
| Senior Vice President of Investor Relations | 8.3yrs | no data | no data | |
| Executive VP of Legal & General Counsel | 6.2yrs | US$2.03m | 0.043% $ 123.8m | |
| Senior Vice President of Marketing | 2.3yrs | no data | no data | |
| Senior Vice President of Asset Management | 8.8yrs | no data | no data |
2.4yrs
Average Tenure
50yo
Average Age
Experienced Management: NRG *'s management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim President | 20.4yrs | US$12.50m | 0.0083% $ 23.8m | |
| Independent Director | 18.2yrs | US$289.01k | 0.045% $ 129.6m | |
| Independent Director | less than a year | US$234.33k | 0.0020% $ 5.6m | |
| Independent Director | less than a year | US$234.35k | 0.0018% $ 5.0m | |
| Independent Director | 11.4yrs | US$309.02k | 0.0032% $ 9.1m | |
| Independent Director | 4.6yrs | US$309.02k | 0.000040% $ 113.9k | |
| Lead Independent Director | 19.1yrs | US$369.03k | 0.00061% $ 1.7m | |
| Independent Director | less than a year | US$2.21m | 0.048% $ 136.6m | |
| Independent Director | 3.6yrs | US$309.06k | 0.0023% $ 6.6m | |
| Independent Director | 6.2yrs | US$289.01k | no data | |
| Independent Director | 4.6yrs | US$289.01k | 0.011% $ 31.1m | |
| Independent Director | 6.2yrs | US$309.02k | 0.0039% $ 11.2m |
5.4yrs
Average Tenure
61.5yo
Average Age
Experienced Board: NRG *'s board of directors are considered experienced (5.4 years average tenure).