Avangrid Management

Management criteria checks 3/4

Avangrid's CEO is Pedro Azagra Blazquez, appointed in May 2022, has a tenure of 1.92 years. total yearly compensation is $4.92M, comprised of 13% salary and 87% bonuses, including company stock and options. directly owns 0.008% of the company’s shares, worth $1.10M. The average tenure of the management team and the board of directors is 2 years and 6.6 years respectively.

Key information

Pedro Azagra Blazquez

Chief executive officer

US$4.9m

Total compensation

CEO salary percentage	13.0%
CEO tenure	1.9yrs
CEO ownership	0.008%
Management average tenure	2yrs
Board average tenure	6.6yrs

Recent management updates

Recent updates

Avangrid Non-GAAP EPS of $0.29 misses by $0.11, revenue of $2.16B beats by $350M

Feb 21

Avangrid (NYSE:AGR) Has Announced A Dividend Of $0.44

Feb 20

Is Avangrid (NYSE:AGR) Using Too Much Debt?

Dec 20

Avangrid: Risks Outweigh The Reward

Oct 06

Are Avangrid, Inc. (NYSE:AGR) Investors Paying Above The Intrinsic Value?

Sep 05

With EPS Growth And More, Avangrid (NYSE:AGR) Makes An Interesting Case

Aug 15

Avangrid Non-GAAP EPS of $0.46 beats by $0.13, revenue of $1.79B beats by $180M

Jul 26

Avangrid (NYSE:AGR) Will Pay A Dividend Of $0.44

Jul 25

Avangrid declares $0.44 dividend

Jul 20

These 4 Measures Indicate That Avangrid (NYSE:AGR) Is Using Debt Extensively

Jun 21

Avangrid's (NYSE:AGR) Dividend Will Be US$0.44

May 31

Avangrid: Sustained Investment Looks Like It Will Bear Fruit

May 24

Avangrid (NYSE:AGR) Has Announced A Dividend Of US$0.44

May 12

Are Avangrid, Inc. (NYSE:AGR) Investors Paying Above The Intrinsic Value?

Apr 13

Avangrid (NYSE:AGR) Has A Somewhat Strained Balance Sheet

Mar 23

CEO Compensation Analysis

How has Pedro Azagra Blazquez's remuneration changed compared to Avangrid's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	US$786m
Sep 30 2023	n/a	n/a	US$536m
Jun 30 2023	n/a	n/a	US$582m
Mar 31 2023	n/a	n/a	US$681m
Dec 31 2022	US$5m	US$641k	US$881m
Sep 30 2022	n/a	n/a	US$898m
Jun 30 2022	n/a	n/a	US$904m
Mar 31 2022	n/a	n/a	US$818m
Dec 31 2021	US$140k	n/a	US$707m
Sep 30 2021	n/a	n/a	US$709m
Jun 30 2021	n/a	n/a	US$685m
Mar 31 2021	n/a	n/a	US$675m
Dec 31 2020	US$140k	n/a	US$581m
Sep 30 2020	n/a	n/a	US$605m
Jun 30 2020	n/a	n/a	US$668m
Mar 31 2020	n/a	n/a	US$690m
Dec 31 2019	US$70k	n/a	US$667m
Sep 30 2019	n/a	n/a	US$596m
Jun 30 2019	n/a	n/a	US$571m
Mar 31 2019	n/a	n/a	US$568m
Dec 31 2018	US$140k	n/a	US$587m

Compensation vs Market: Pedro Azagra's total compensation ($USD4.92M) is below average for companies of similar size in the US market ($USD13.37M).

Compensation vs Earnings: Pedro Azagra's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Pedro Azagra Blazquez (55 yo)

1.9yrs

Tenure

US$4,919,986

Compensation

Mr. Pedro Azagra Blazquez served as Director of Corporate Development of Iberdrola, S. A. since 2008 until June 1, 2022. He served as the Chief Development Officer of Iberdrola from 2008 to May 2022. He se...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Pedro Azagra Blazquez	CEO & Director	1.9yrs	US$4.92m	0.0079% $ 1.1m
R. Mahoney	Senior VP	8.3yrs	US$1.26m	0.0015% $ 214.5k
Catherine Stempien	President & CEO of Avangrid Networks	3.1yrs	US$1.56m	0.0062% $ 870.4k
Jose Miranda Soto	President & CEO of Avangrid Renewables	no data	US$1.04m	0.0018% $ 246.7k
Justin Lagasse	CFO, Senior VP & Controller	less than a year	no data	0.00050% $ 70.1k
Charlotte Ancel	Vice President of Investor Relations	no data	no data	no data
German Avecilla	VP & Chief Compliance Officer	less than a year	no data	no data
Kimberly Harriman	Senior Vice President of State Government Affairs & Corporate Communications	1.8yrs	no data	no data
Ignacio Estella	Senior Vice President of Corporate Development	8.3yrs	no data	no data
Kyra Patterson	VP & Chief Human Resources Officer	2.2yrs	no data	no data
Nacho Arronte	VP & Chief Risk Officer	2.2yrs	no data	no data
Alfredo Canto	Senior VP & Chief of Staff	less than a year	no data	no data

2.0yrs

Average Tenure

53yo

Average Age

Experienced Management: AGR's management team is considered experienced (2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Pedro Azagra Blazquez	CEO & Director	4.3yrs	US$4.92m	0.0079% $ 1.1m
David Flanagan	Executive Chairman of CMP	4.2yrs	no data	no data
Teresa Ellen Herbert	Independent Director	4.8yrs	US$170.00k	0.00026% $ 36.4k
John Lahey	Independent Non-Executive Director	8.3yrs	US$200.00k	0.0057% $ 799.0k
Alan Solomont	Independent Non-Executive Director	10.3yrs	US$200.00k	0.0027% $ 384.1k
Jose Sanchez Galan	Non-Executive & Non-Independent Chairman of the Board	10.3yrs	US$200.00k	0.028% $ 3.9m
Jose Armada	Director	10.3yrs	US$170.00k	no data
Santiago Martinez Garrido	Director	9.2yrs	US$140.00k	no data
Daniel Lopez	Director	4.1yrs	US$140.00k	0.00069% $ 96.7k
John Baldacci	Vice Chairman of the Board	10.3yrs	US$200.00k	0.000090% $ 12.6k
Robert Duffy	Independent Director	4.8yrs	US$200.00k	no data
Maria Banez Garcia	Independent Director	1.8yrs	US$70.00k	no data

6.6yrs

Average Tenure

65.5yo

Average Age

Experienced Board: AGR's board of directors are considered experienced (6.6 years average tenure).

Avangrid Management

Management criteria checks 3/4

Key information

Recent management updates

Avangrid, Inc. Announces Promotion of Justin Lagasse to the Position of Chief Financial Officer

Avangrid Announces Executive Changes

Avangrid, Inc. Announces Resignation of Patricia Cosgel as Senior Vice President, Effective on November 24, 2023

Avangrid, Inc. Appoints Justin Lagasse as Senior Vice President and Controller

Avangrid, Inc. Announces Executive Changes

Avangrid, Inc. Announces Executive Changes

Recent updates

Avangrid, Inc. to Report Q1, 2024 Results on Apr 23, 2024

Avangrid (NYSE:AGR) Has Affirmed Its Dividend Of $0.44

Fourth quarter dividend of US$0.44 announced

Avangrid, Inc. Declares Quarterly Dividend, Payable July 1, 2024

Does Avangrid (NYSE:AGR) Have A Healthy Balance Sheet?

Avangrid Launches New Educational Tool to Simplify Billing for Utility Customers

Investor sentiment improves as stock rises 16%

Avangrid, Inc. Announces Promotion of Justin Lagasse to the Position of Chief Financial Officer

Upcoming dividend of US$0.44 per share

Avangrid (NYSE:AGR) Has Announced A Dividend Of $0.44

Third quarter dividend of US$0.44 announced

The Price Is Right For Avangrid, Inc. (NYSE:AGR)

Avangrid, Inc. Declares Quarterly Dividend, Payable on April 1, 2024

Avangrid, Inc. Pilots Mobile Robot Dog to Advance Substation Inspections with Artificial Intelligence

Avangrid, Inc. to Report Q4, 2023 Results on Feb 21, 2024

Avangrid, Inc. Reaffirms Earnings Guidance for the Year 2023

Avangrid: There Are Better Utilities To Buy

A Look At The Fair Value Of Avangrid, Inc. (NYSE:AGR)

Price target decreased by 7.3% to US$35.22

These 4 Measures Indicate That Avangrid (NYSE:AGR) Is Using Debt In A Risky Way

Upcoming dividend of US$0.44 per share at 5.6% yield

Avangrid, Inc. Reaffirms Earnings Guidance for the Full Year 2023

Price target decreased by 9.2% to US$35.88

Third quarter 2023 earnings: EPS misses analyst expectations

Avangrid Announces Executive Changes

Avangrid (NYSE:AGR) Is Paying Out A Dividend Of $0.44

Avangrid, Inc. Announces Resignation of Patricia Cosgel as Senior Vice President, Effective on November 24, 2023

Avangrid, Inc. Declares Quarterly Dividend, Payable on January 2, 2024

Avangrid: Dividend Should Be Suspended To Protect Cash

Avangrid, Inc. to Report Q3, 2023 Results on Oct 25, 2023

Avangrid, Inc. Expanded Supplier Diversity Program Opens Doors to Innovation

Avangrid (NYSE:AGR) Has Announced A Dividend Of $0.44

Upcoming dividend of US$0.44 per share at 5.1% yield

Avangrid (NYSE:AGR) Use Of Debt Could Be Considered Risky

Avangrid, Inc. Unveils Vineyard Wind 1 Offshore Wind Substation

Avangrid, Inc. Reaffirms Earnings Guidance for the Full Year 2023

New minor risk - Profit margin trend

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Avangrid Inc.: Expanding Wind Farms In Hopes Of Reaching Growth Targets

Avangrid, Inc. Appoints Justin Lagasse as Senior Vice President and Controller

Avangrid (NYSE:AGR) Has Announced A Dividend Of $0.44

Avangrid, Inc. Declares Quarterly Dividend, Payable on October 2, 2023

Avangrid, Inc. Announces Executive Changes

Avangrid, Inc. Announces Executive Changes

Avangrid, Inc. to Report Q2, 2023 Results on Jul 26, 2023

Are Avangrid, Inc. (NYSE:AGR) Investors Paying Above The Intrinsic Value?

Maine Public Utilities Commission Approves Central Maine Power Multi-Year Rate Plan

Upcoming dividend of US$0.44 per share at 4.6% yield

Avangrid (NYSE:AGR) Has Affirmed Its Dividend Of $0.44

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Avangrid's (NYSE:AGR) Dividend Will Be $0.44

Here's Why We Think Avangrid (NYSE:AGR) Is Well Worth Watching

President & CEO of Avangrid Networks exercised options and sold US$66k worth of stock

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Avangrid Non-GAAP EPS of $0.29 misses by $0.11, revenue of $2.16B beats by $350M

Upcoming dividend of US$0.44 per share at 4.3% yield

Avangrid (NYSE:AGR) Has Announced A Dividend Of $0.44

Avangrid, Inc., Annual General Meeting, Jun 13, 2023

Avangrid, Inc. to Report Q4, 2022 Results on Feb 21, 2023

Is Avangrid (NYSE:AGR) Using Too Much Debt?

Avangrid, Inc. Announces Board Changes

Avangrid, Inc. Declares Quarterly Dividend, Payable on January 3, 2023

Avangrid: Risks Outweigh The Reward

Avangrid, Inc. to Report Q3, 2022 Results on Oct 25, 2022

Are Avangrid, Inc. (NYSE:AGR) Investors Paying Above The Intrinsic Value?

Upcoming dividend of US$0.44 per share

With EPS Growth And More, Avangrid (NYSE:AGR) Makes An Interesting Case

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Avangrid Non-GAAP EPS of $0.46 beats by $0.13, revenue of $1.79B beats by $180M