Array Technologies Management
Management criteria checks 2/4
Array Technologies' CEO is Kevin Hostetler, appointed in Apr 2022, has a tenure of 2.67 years. total yearly compensation is $5.72M, comprised of 14.9% salary and 85.1% bonuses, including company stock and options. directly owns 0.073% of the company’s shares, worth $623.27K. The average tenure of the management team and the board of directors is 1.9 years and 3.3 years respectively.
Key information
Kevin Hostetler
Chief executive officer
US$5.7m
Total compensation
| CEO salary percentage | 14.9% |
| CEO tenure | 2.7yrs |
| CEO ownership | 0.07% |
| Management average tenure | 1.9yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
Array Technologies, Inc.'s (NASDAQ:ARRY) Shares Lagging The Industry But So Is The Business
Dec 10
Is Now An Opportune Moment To Examine Array Technologies, Inc. (NASDAQ:ARRY)?
Nov 05The Bottom Fishing Club - Array Technologies: Solar Industry Turnaround Possible After Election
Oct 25Array: Not Yet In Fashion, But 3 Reasons To Consider A Nibble Now (Rating Upgrade)
Oct 09Array Technologies (NASDAQ:ARRY) Might Have The Makings Of A Multi-Bagger
Sep 18The Market Doesn't Like What It Sees From Array Technologies, Inc.'s (NASDAQ:ARRY) Revenues Yet As Shares Tumble 41%
Aug 28Analysts Just Shaved Their Array Technologies, Inc. (NASDAQ:ARRY) Forecasts Dramatically
Aug 21Results: Array Technologies, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Aug 11Array Technologies: Mid-Term Headwinds, But Compelling Future
Jul 29Array Technologies, Inc.'s (NASDAQ:ARRY) Intrinsic Value Is Potentially 73% Above Its Share Price
Jul 29Investors Still Waiting For A Pull Back In Array Technologies, Inc. (NASDAQ:ARRY)
Jul 14Is It Time To Consider Buying Array Technologies, Inc. (NASDAQ:ARRY)?
Jun 28Returns At Array Technologies (NASDAQ:ARRY) Are On The Way Up
Jun 12Array Technologies: Intrigued But Not Yet Convinced
May 13We Think Array Technologies (NASDAQ:ARRY) Can Stay On Top Of Its Debt
May 01Is There An Opportunity With Array Technologies, Inc.'s (NASDAQ:ARRY) 49% Undervaluation?
Mar 25Array Technologies: Short-Term Downside, But High Long-Term Growth
Mar 07Need To Know: Analysts Just Made A Substantial Cut To Their Array Technologies, Inc. (NASDAQ:ARRY) Estimates
Feb 29Is It Too Late To Consider Buying Array Technologies, Inc. (NASDAQ:ARRY)?
Feb 21We Think Array Technologies (NASDAQ:ARRY) Can Stay On Top Of Its Debt
Jan 30Array Technologies, Inc.'s (NASDAQ:ARRY) Shares Climb 25% But Its Business Is Yet to Catch Up
Dec 19Here's What To Make Of Array Technologies' (NASDAQ:ARRY) Decelerating Rates Of Return
Nov 29Is It Time To Consider Buying Array Technologies, Inc. (NASDAQ:ARRY)?
Nov 08Array Technologies (NASDAQ:ARRY) Is Experiencing Growth In Returns On Capital
Aug 28What Does Array Technologies, Inc.'s (NASDAQ:ARRY) Share Price Indicate?
Aug 10Is There An Opportunity With Array Technologies, Inc.'s (NASDAQ:ARRY) 31% Undervaluation?
Jul 22The Return Trends At Array Technologies (NASDAQ:ARRY) Look Promising
May 11What Array Technologies, Inc.'s (NASDAQ:ARRY) 25% Share Price Gain Is Not Telling You
Apr 17Estimating The Fair Value Of Array Technologies, Inc. (NASDAQ:ARRY)
Jan 23Is Now An Opportune Moment To Examine Array Technologies, Inc. (NASDAQ:ARRY)?
Nov 09Calculating The Intrinsic Value Of Array Technologies, Inc. (NASDAQ:ARRY)
Oct 19Array Technologies Could Be The Next Big Infrastructure Play
Oct 12Array Technologies: Tracking The Sun To A Triumphant Recovery
Sep 10CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$149m |
| Jun 30 2024 | n/a | n/a | US$17m |
| Mar 31 2024 | n/a | n/a | US$57m |
| Dec 31 2023 | US$6m | US$850k | US$86m |
| Sep 30 2023 | n/a | n/a | US$62m |
| Jun 30 2023 | n/a | n/a | US$81m |
| Mar 31 2023 | n/a | n/a | US$11m |
| Dec 31 2022 | US$6m | US$600k | -US$44m |
Compensation vs Market: Kevin's total compensation ($USD5.72M) is above average for companies of similar size in the US market ($USD3.30M).
Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.
CEO
Kevin Hostetler (56 yo)
2.7yrs
Tenure
US$5,716,945
Compensation
Mr. Kevin G. Hostetler has been Chief Executive Officer at Array Technologies, Inc. since April 2022 and serves as its Director since 2022. He served as Chief Executive Officer and Director at Rotork plc s...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.7yrs | US$5.72m | 0.073% $ 623.3k | |
| COO & President | 1.9yrs | US$1.58m | 0.0080% $ 68.2k | |
| Chief Human Resources Officer | 2.3yrs | US$1.34m | 0.024% $ 208.0k | |
| Chief Accounting Officer | less than a year | no data | no data | |
| Chief Strategy & Technology Officer | no data | no data | no data | |
| Chief Commercial Officer | less than a year | no data | no data |
1.9yrs
Average Tenure
57.5yo
Average Age
Experienced Management: ARRY's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.7yrs | US$5.72m | 0.073% $ 623.3k | |
| Independent Chairman | 8.4yrs | US$355.00k | 0.070% $ 599.6k | |
| Independent Director | 3.3yrs | US$245.00k | 0.027% $ 232.3k | |
| Independent Director | 4.9yrs | US$270.00k | 0.020% $ 167.8k | |
| Independent Director | 3.3yrs | US$460.09k | no data | |
| Independent Director | 2.1yrs | US$245.00k | 0% $ 0 | |
| Independent Director | 4.9yrs | US$262.50k | 0.020% $ 167.8k | |
| Independent Director | 3.3yrs | US$245.00k | 0.011% $ 91.6k | |
| Independent Director | 3.6yrs | US$245.00k | 0.019% $ 164.9k |
3.3yrs
Average Tenure
57.5yo
Average Age
Experienced Board: ARRY's board of directors are considered experienced (3.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:16 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Array Technologies, Inc. is covered by 36 analysts. 23 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 |
|---|---|
| Christine Cho | Barclays |
| Ameet Thakkar | BMO Capital Markets Equity Research |
| Moses Sutton | BNP Paribas Exane |