Harmonic Management
Management criteria checks 2/4
Harmonic's CEO is Nimrod Ben-Natan, appointed in Jun 2024, has a tenure of less than a year. total yearly compensation is $1.89M, comprised of 19.6% salary and 80.4% bonuses, including company stock and options. directly owns 0.29% of the company’s shares, worth $4.53M. The average tenure of the management team and the board of directors is 5.9 years and 0.5 years respectively.
Key information
Nimrod Ben-Natan
Chief executive officer
US$1.9m
Total compensation
| CEO salary percentage | 19.6% |
| CEO tenure | less than a year |
| CEO ownership | 0.3% |
| Management average tenure | 5.9yrs |
| Board average tenure | less than a year |
Recent management updates
Recent updates
Harmonic (NASDAQ:HLIT) Might Have The Makings Of A Multi-Bagger
Dec 13
Shareholders Should Be Pleased With Harmonic Inc.'s (NASDAQ:HLIT) Price
Nov 26Q3 Gains For Harmonic, But 2025 Growth Uncertain
Oct 29Is There Now An Opportunity In Harmonic Inc. (NASDAQ:HLIT)?
Oct 29Is Now The Time To Put Harmonic (NASDAQ:HLIT) On Your Watchlist?
Oct 14Harmonic Inc.'s (NASDAQ:HLIT) Share Price Could Signal Some Risk
Aug 18Harmonic Surges Briefly, But Pay More Attention To Rising Earnings
Aug 02Here's Why Harmonic (NASDAQ:HLIT) Has A Meaningful Debt Burden
Jul 31Is It Time To Consider Buying Harmonic Inc. (NASDAQ:HLIT)?
Jul 17Harmonic: Give It Some Time
Jul 05We Ran A Stock Scan For Earnings Growth And Harmonic (NASDAQ:HLIT) Passed With Ease
Jun 26Returns At Harmonic (NASDAQ:HLIT) Are On The Way Up
Jun 11Investors Don't See Light At End Of Harmonic Inc.'s (NASDAQ:HLIT) Tunnel And Push Stock Down 27%
Apr 20We Think Harmonic (NASDAQ:HLIT) Is Taking Some Risk With Its Debt
Apr 15What Does Harmonic Inc.'s (NASDAQ:HLIT) Share Price Indicate?
Apr 01Harmonic: Upcoming Report Worthwhile To Be Bullish On
Jan 29Harmonic Inc.'s (NASDAQ:HLIT) Earnings Haven't Escaped The Attention Of Investors
Jan 05We Like These Underlying Return On Capital Trends At Harmonic (NASDAQ:HLIT)
Dec 15Harmonic (NASDAQ:HLIT) Has A Pretty Healthy Balance Sheet
Nov 20Is Now The Time To Look At Buying Harmonic Inc. (NASDAQ:HLIT)?
Sep 14The Return Trends At Harmonic (NASDAQ:HLIT) Look Promising
Aug 26Things Look Grim For Harmonic Inc. (NASDAQ:HLIT) After Today's Downgrade
Aug 08We Ran A Stock Scan For Earnings Growth And Harmonic (NASDAQ:HLIT) Passed With Ease
Jul 27What Is Harmonic Inc.'s (NASDAQ:HLIT) Share Price Doing?
May 19Harmonic (NASDAQ:HLIT) Is Doing The Right Things To Multiply Its Share Price
May 06Should You Be Adding Harmonic (NASDAQ:HLIT) To Your Watchlist Today?
Apr 20Here's Why Harmonic (NASDAQ:HLIT) Can Manage Its Debt Responsibly
Mar 07At US$14.79, Is It Time To Put Harmonic Inc. (NASDAQ:HLIT) On Your Watch List?
Feb 03Market Participants Recognise Harmonic Inc.'s (NASDAQ:HLIT) Earnings
Jan 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 27 2024 | n/a | n/a | US$85m |
| Jun 28 2024 | n/a | n/a | US$57m |
| Mar 29 2024 | n/a | n/a | US$71m |
| Dec 31 2023 | US$2m | US$371k | US$84m |
| Sep 29 2023 | n/a | n/a | US$6m |
| Jun 30 2023 | n/a | n/a | US$22m |
| Mar 31 2023 | n/a | n/a | US$35m |
| Dec 31 2022 | US$2m | US$352k | US$28m |
| Sep 30 2022 | n/a | n/a | US$42m |
| Jul 01 2022 | n/a | n/a | US$35m |
| Apr 01 2022 | n/a | n/a | US$18m |
| Dec 31 2021 | US$2m | US$390k | US$13m |
| Oct 01 2021 | n/a | n/a | US$7m |
| Jul 02 2021 | n/a | n/a | -US$49k |
| Apr 02 2021 | n/a | n/a | -US$13m |
| Dec 31 2020 | US$1m | US$377k | -US$29m |
| Sep 25 2020 | n/a | n/a | -US$37m |
| Jun 26 2020 | n/a | n/a | -US$20m |
| Mar 27 2020 | n/a | n/a | -US$17m |
| Dec 31 2019 | US$1m | US$347k | -US$6m |
| Sep 27 2019 | n/a | n/a | -US$8m |
| Jun 28 2019 | n/a | n/a | -US$28m |
| Mar 29 2019 | n/a | n/a | -US$19m |
| Dec 31 2018 | US$1m | US$324k | -US$21m |
| Sep 28 2018 | n/a | n/a | -US$36m |
| Jun 29 2018 | n/a | n/a | -US$44m |
| Mar 30 2018 | n/a | n/a | -US$73m |
| Dec 31 2017 | US$1m | US$334k | -US$83m |
Compensation vs Market: Nimrod's total compensation ($USD1.89M) is below average for companies of similar size in the US market ($USD5.54M).
Compensation vs Earnings: Nimrod's compensation has increased by more than 20% in the past year.
CEO
Nimrod Ben-Natan (56 yo)
less than a year
Tenure
US$1,889,569
Compensation
Mr. Nimrod Ben-Natan is President, CEO & Director of Harmonic Inc. from June 11, 2024. Mr. Ben-Natan had been Senior Vice President at Harmonic Inc. since June 2012 until June 11, 2024 and served as its Ge...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$1.89m | 0.29% $ 4.5m | |
| Chief Financial Officer | 1.6yrs | US$3.40m | 0.029% $ 454.6k | |
| Senior VP & Interim GM of Video Business | 13.8yrs | US$1.38m | 0.11% $ 1.8m | |
| Senior Vice President of Business Development | 7.9yrs | US$913.29k | 0.13% $ 2.0m | |
| Senior Vice President of Operations & IT | 5.9yrs | no data | no data | |
| Investor Relation Officer | no data | no data | no data | |
| General Counsel | 11.2yrs | no data | 0.064% $ 993.8k | |
| Senior VP of Innovation & Chief Cybersecurity Officer | no data | US$904.51k | no data | |
| Senior Vice President of Video Products | 2.9yrs | no data | no data |
5.9yrs
Average Tenure
55.5yo
Average Age
Experienced Management: HLIT's management team is seasoned and experienced (5.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$1.89m | 0.29% $ 4.5m | |
| Independent Director | 6.8yrs | US$205.75k | 0.13% $ 2.0m | |
| Independent Chairman of the Board | 17.2yrs | US$255.75k | 0.24% $ 3.7m | |
| Independent Director | less than a year | no data | no data | |
| Director | less than a year | no data | no data | |
| Director | less than a year | US$171.25k | 0.021% $ 326.6k | |
| Independent Director | 12.4yrs | US$211.25k | 0.24% $ 3.7m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 6.2yrs | US$216.75k | 0.092% $ 1.4m |
0.5yrs
Average Tenure
56yo
Average Age
Experienced Board: HLIT's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 14:42 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/27 |
| 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 |
|
|
| 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
Harmonic Inc. is covered by 24 analysts. 4 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 |
|---|---|
| Blair King | Avondale Partners |
| Amir Rozwadowski | Barclays |
| Timothy Long | Barclays |