Correlate Energy Management
Management criteria checks 3/4
Correlate Energy's CEO is Todd Michaels, appointed in Dec 2021, has a tenure of 2.42 years. total yearly compensation is $140.63K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.41% of the company’s shares, worth $704.83K. The average tenure of the management team and the board of directors is 2.4 years and 2.4 years respectively.
Key information
Todd Michaels
Chief executive officer
US$140.6k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 2.4yrs |
| CEO ownership | 1.4% |
| Management average tenure | 2.4yrs |
| Board average tenure | 2.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$141k | US$141k | -US$13m |
| Sep 30 2023 | n/a | n/a | -US$10m |
| Jun 30 2023 | n/a | n/a | -US$9m |
| Mar 31 2023 | n/a | n/a | -US$10m |
| Dec 31 2022 | US$400k | US$250k | -US$7m |
| Sep 30 2022 | n/a | n/a | -US$5m |
| Jun 30 2022 | n/a | n/a | -US$3m |
| Mar 31 2022 | n/a | n/a | -US$1m |
| Dec 31 2021 | US$469k | n/a | -US$90k |
Compensation vs Market: Todd's total compensation ($USD140.63K) is below average for companies of similar size in the US market ($USD661.60K).
Compensation vs Earnings: Todd's compensation has been consistent with company performance over the past year.
CEO
Todd Michaels (47 yo)
2.4yrs
Tenure
US$140,625
Compensation
Mr. Todd Michaels is President, CEO, & Director of Correlate Energy Corp. He was President, CEO, Interim CFO & Director of Correlate Energy Corp. from September 07, 2023 until January 04, 2024. He was Pres...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.4yrs | US$140.63k | 1.41% $ 704.8k | |
| Chief Financial Officer | less than a year | no data | 0% $ 0 | |
| Executive Vice President of Operations | less than a year | no data | no data | |
| Vice President of Corporate Communications | 3.6yrs | no data | no data | |
| Senior Vice President of Sales & Marketing | no data | no data | no data | |
| Vice President of Human Resources | no data | no data | no data | |
| Senior Vice President of Science | 3.6yrs | no data | no data | |
| Senior Vice President of Product | 3.6yrs | no data | no data | |
| Chief Development Officer | less than a year | no data | no data |
2.4yrs
Average Tenure
Experienced Management: CIPI's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.4yrs | US$140.63k | 1.41% $ 704.8k | |
| Independent Chairman of the Board | 3yrs | US$215.00k | 0.22% $ 112.1k | |
| Independent Director | 2.4yrs | US$215.00k | 0.11% $ 56.6k | |
| Member of Scientific Advisory Board | no data | no data | no data | |
| Member of Scientific Advisory Board | no data | no data | no data | |
| Member of Scientific Advisory Board | no data | no data | no data | |
| Member of Scientific Advisory Board | no data | no data | no data | |
| Member of Scientific Advisory Board | no data | no data | no data | |
| Member of Scientific Advisory Board | no data | no data | no data | |
| Member of Scientific Advisory Board | no data | no data | no data | |
| Member of Scientific Advisory Board | 3.6yrs | no data | no data | |
| Director | 2.4yrs | US$215.00k | 1.21% $ 603.3k |
2.4yrs
Average Tenure
50.5yo
Average Age
Experienced Board: CIPI's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.