Avista Management
Management criteria checks 4/4
Avista's CEO is Dennis Vermillion, appointed in Oct 2019, has a tenure of 5.17 years. total yearly compensation is $5.23M, comprised of 16.8% salary and 83.2% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth $4.53M. The average tenure of the management team and the board of directors is 2.3 years and 8.3 years respectively.
Key information
Dennis Vermillion
Chief executive officer
US$5.2m
Total compensation
| CEO salary percentage | 16.8% |
| CEO tenure | 5.2yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.3yrs |
| Board average tenure | 8.3yrs |
Recent management updates
Recent updates
Here's Why Avista (NYSE:AVA) Has A Meaningful Debt Burden
Dec 05
Is Now The Time To Put Avista (NYSE:AVA) On Your Watchlist?
Nov 21A Look At The Fair Value Of Avista Corporation (NYSE:AVA)
Nov 02Avista: Slightly Undervalued, Significant Leverage And Better Protection With This Strategy
Oct 20Insufficient Growth At Avista Corporation (NYSE:AVA) Hampers Share Price
Oct 18Analysts Are Betting On Avista Corporation (NYSE:AVA) With A Big Upgrade This Week
Aug 20Avista: Population And Electric Consumption Growth Driving The Story
Aug 16A Look At The Intrinsic Value Of Avista Corporation (NYSE:AVA)
Jul 29Is Avista (NYSE:AVA) A Risky Investment?
Jul 15Slowing Rates Of Return At Avista (NYSE:AVA) Leave Little Room For Excitement
Jun 29Avista: Growth And Income In The Renewable Energy Space
Jun 01Avista's (NYSE:AVA) Earnings Are Weaker Than They Seem
May 08Avista Corporation Just Missed Earnings - But Analysts Have Updated Their Models
May 05These 4 Measures Indicate That Avista (NYSE:AVA) Is Using Debt Extensively
Mar 28Avista (NYSE:AVA) May Have Issues Allocating Its Capital
Mar 08A Look At The Fair Value Of Avista Corporation (NYSE:AVA)
Feb 21What Avista Corporation's (NYSE:AVA) P/E Is Not Telling You
Feb 06Avista: Ahead In The Renewables Transition, With Undervalued Shares And Generous Yield
Jan 09Avista Is A Solid Long-Term Buy
Dec 11Be Wary Of Avista (NYSE:AVA) And Its Returns On Capital
Dec 05Avista (NYSE:AVA) Has No Shortage Of Debt
Nov 08Avista: Holding Up Pretty Well, But Still Has Attractive Valuation Vs. Peers
Oct 27An Intrinsic Calculation For Avista Corporation (NYSE:AVA) Suggests It's 20% Undervalued
Oct 25Avista (NYSE:AVA) May Have Issues Allocating Its Capital
Aug 29Avista: Good Utility And Attractive Total Return Potential
Aug 22Avista (NYSE:AVA) Use Of Debt Could Be Considered Risky
Jul 28Calculating The Fair Value Of Avista Corporation (NYSE:AVA)
Jul 08Avista Corporation: Renewable Energy Transformation Expanding Cash Flow Capabilities
Jun 09A Look At The Intrinsic Value Of Avista Corporation (NYSE:AVA)
Mar 31Here's Why Avista (NYSE:AVA) Is Weighed Down By Its Debt Load
Mar 18Avista Q4 2022 Earnings Preview
Feb 21Avista's (NYSE:AVA) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 06Avista raises dividend by 4.5% to $0.46/share
Feb 03Avista (NYSE:AVA) Could Be Struggling To Allocate Capital
Jan 19Avista: Buy This High-Yielding Utility On Dips
Dec 28Calculating The Intrinsic Value Of Avista Corporation (NYSE:AVA)
Dec 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$197m |
| Jun 30 2024 | n/a | n/a | US$193m |
| Mar 31 2024 | n/a | n/a | US$188m |
| Dec 31 2023 | US$5m | US$879k | US$171m |
| Sep 30 2023 | n/a | n/a | US$165m |
| Jun 30 2023 | n/a | n/a | US$144m |
| Mar 31 2023 | n/a | n/a | US$138m |
| Dec 31 2022 | US$5m | US$838k | US$155m |
| Sep 30 2022 | n/a | n/a | US$128m |
| Jun 30 2022 | n/a | n/a | US$148m |
| Mar 31 2022 | n/a | n/a | US$151m |
| Dec 31 2021 | US$5m | US$769k | US$147m |
| Sep 30 2021 | n/a | n/a | US$155m |
| Jun 30 2021 | n/a | n/a | US$146m |
| Mar 31 2021 | n/a | n/a | US$149m |
| Dec 31 2020 | US$5m | US$738k | US$129m |
| Sep 30 2020 | n/a | n/a | US$122m |
| Jun 30 2020 | n/a | n/a | US$122m |
| Mar 31 2020 | n/a | n/a | US$130m |
| Dec 31 2019 | US$2m | US$526k | US$197m |
| Sep 30 2019 | n/a | n/a | US$192m |
| Jun 30 2019 | n/a | n/a | US$197m |
| Mar 31 2019 | n/a | n/a | US$197m |
| Dec 31 2018 | US$1m | US$431k | US$136m |
| Sep 30 2018 | n/a | n/a | US$118m |
| Jun 30 2018 | n/a | n/a | US$112m |
| Mar 31 2018 | n/a | n/a | US$109m |
| Dec 31 2017 | US$2m | US$407k | US$116m |
Compensation vs Market: Dennis's total compensation ($USD5.23M) is about average for companies of similar size in the US market ($USD6.60M).
Compensation vs Earnings: Dennis's compensation has been consistent with company performance over the past year.
CEO
Dennis Vermillion (62 yo)
5.2yrs
Tenure
US$5,229,962
Compensation
Mr. Dennis P. Vermillion has been the President and Director of Avista Corporation since January 1, 2018 and also served as its Chief Executive Officer since October 1, 2019 until October 1, 2023. He joine...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 5.2yrs | US$5.23m | 0.16% $ 4.5m | |
| President & COO | 2.3yrs | US$1.33m | 0.029% $ 823.3k | |
| CFO, Treasurer & Senior VP of Regulatory Affairs | 1.6yrs | US$1.24m | 0.031% $ 860.0k | |
| VP, Chief Information Officer & Chief Security Officer | 1.5yrs | US$908.98k | 0.0031% $ 87.9k | |
| VP, Controller & Principal Accounting Officer | 9.2yrs | no data | 0.034% $ 950.7k | |
| Senior VP | 4.9yrs | no data | 0.018% $ 511.3k | |
| Senior VP of Safety & Chief People Officer | 4.9yrs | no data | 0.017% $ 467.2k | |
| VP and Chief Counsel for Regulatory & Government Affairs | 20.8yrs | US$519.93k | 0.0069% $ 192.9k | |
| VP of Community Affairs & Chief Customer Officer | 1.9yrs | no data | 0.015% $ 421.2k | |
| Vice President of Energy Delivery | 2.3yrs | no data | 0.0080% $ 224.9k | |
| Vice President of Energy Resources | 2.3yrs | no data | 0.012% $ 331.3k | |
| President & CEO of Alaska Electric Power and Light Co. | 1.9yrs | no data | no data |
2.3yrs
Average Tenure
52yo
Average Age
Experienced Management: AVA's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6.9yrs | US$5.23m | 0.16% $ 4.5m | |
| Independent Director | 18.6yrs | US$221.67k | 0.031% $ 865.9k | |
| Non Executive Chairman | 17.8yrs | US$321.67k | 0.15% $ 4.3m | |
| Independent Vice Chairman of the Board | 13.3yrs | US$261.67k | 0.037% $ 1.0m | |
| Independent Director | 14.6yrs | US$236.67k | 0.029% $ 817.9k | |
| Independent Director | 10.3yrs | US$236.67k | 0.029% $ 826.9k | |
| Independent Director | 5.1yrs | US$221.67k | 0.018% $ 499.0k | |
| Independent Director | 8.3yrs | US$237.50k | 0.034% $ 940.6k | |
| Independent Director | 3.6yrs | US$231.67k | 0.015% $ 409.7k | |
| Independent Director | 1.6yrs | US$148.33k | 0.011% $ 319.5k | |
| Independent Director | 3.1yrs | US$221.67k | 0.013% $ 352.7k |
8.3yrs
Average Tenure
59yo
Average Age
Experienced Board: AVA's board of directors are considered experienced (8.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 22:44 |
| End of Day Share Price | 2024/12/19 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 |
| |
| 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
Avista Corporation is covered by 14 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 |
|---|---|
| Michael Worms | BMO Capital Markets U.S. (Historical) |
| Julien Dumoulin-Smith | BofA Global Research |
| Ross Allen Fowler | BofA Global Research |