Eversource Energy Management
Management criteria checks 2/4
Eversource Energy's CEO is Joe Nolan, appointed in May 2021, has a tenure of 2.92 years. total yearly compensation is $18.89M, comprised of 7% salary and 93% bonuses, including company stock and options. directly owns 0.018% of the company’s shares, worth $3.84M. The average tenure of the management team and the board of directors is 4.3 years and 6.1 years respectively.
Key information
Joe Nolan
Chief executive officer
US$18.9m
Total compensation
| CEO salary percentage | 7.0% |
| CEO tenure | 2.9yrs |
| CEO ownership | 0.02% |
| Management average tenure | 4.3yrs |
| Board average tenure | 6.1yrs |
Recent management updates
Recent updates
Eversource's Offshore Wind Lessons Have Created A Buying Opportunity
Apr 10Eversource Energy's (NYSE:ES) P/S Still Appears To Be Reasonable
Mar 23
Eversource Energy Reported A Surprise Loss, And Analysts Have Updated Their Forecasts
Feb 16Eversource Energy's (NYSE:ES) Intrinsic Value Is Potentially 57% Above Its Share Price
Feb 09Eversource Energy: Standing Its Ground In Turbulent Markets
Jan 15Eversource Energy (NYSE:ES) Has More To Do To Multiply In Value Going Forward
Dec 25Is There An Opportunity With Eversource Energy's (NYSE:ES) 25% Undervaluation?
Nov 09Eversource Energy: Undervalued Utility With A Generous Yield Is A Buy
Oct 26Return Trends At Eversource Energy (NYSE:ES) Aren't Appealing
Sep 25Eversource Energy: A Stable Utility To Buy On Dips
Sep 19Estimating The Intrinsic Value Of Eversource Energy (NYSE:ES)
Aug 03Eversource Energy: A Solid Utility Selling At An Attractive Valuation
Jul 12Return Trends At Eversource Energy (NYSE:ES) Aren't Appealing
Jun 10Eversource Energy (NYSE:ES) Seems To Be Using A Lot Of Debt
May 05Eversource Energy (NYSE:ES) Shares Could Be 27% Above Their Intrinsic Value Estimate
Apr 19Does Eversource Energy (NYSE:ES) Deserve A Spot On Your Watchlist?
Mar 21Eversource Energy (NYSE:ES) Hasn't Managed To Accelerate Its Returns
Mar 08Eversource Energy Q4 2022 Earnings Preview
Feb 12Eversource Energy (NYSE:ES) Is Paying Out A Larger Dividend Than Last Year
Feb 05Eversource Energy raises quarterly dividend by 5.9% to $0.675/share
Feb 01Is Eversource Energy (NYSE:ES) Trading At A 44% Discount?
Jan 16Eversource Energy: Strong Renewable Credentials Make For A Somewhat Pricey Stock
Jan 10Eversource Energy declares $0.6375 dividend
Dec 06Eversource Energy (NYSE:ES) Takes On Some Risk With Its Use Of Debt
Nov 19Eversource Energy (NYSE:ES) Is Reinvesting At Lower Rates Of Return
Oct 13Eversource Energy: Changing Business Model Brings Opportunities And Risks
Oct 11Eversource Energy declares $0.6375 dividend
Sep 16Do Eversource Energy's (NYSE:ES) Earnings Warrant Your Attention?
Aug 25Eversource Energy: Expensive Valuation With A History Of Earnings Misses
Jul 26Eversource Energy (NYSE:ES) Is Reinvesting At Lower Rates Of Return
Jul 09A Look At The Intrinsic Value Of Eversource Energy (NYSE:ES)
May 24Eversource Energy: Solid Results Show Growth, Positioned For Reasonable Return
May 10Here's Why I Think Eversource Energy (NYSE:ES) Might Deserve Your Attention Today
May 09Eversource Energy: Q4 2021 Results Show Stability And Growth Potential
Feb 24Eversource Energy (NYSE:ES) Is Increasing Its Dividend To US$0.64
Feb 08Capital Allocation Trends At Eversource Energy (NYSE:ES) Aren't Ideal
Jan 05Eversource Energy: Strong Growth And Reasonable Valuation
Dec 12Eversource Energy (NYSE:ES) Has More To Do To Multiply In Value Going Forward
Oct 04Calculating The Fair Value Of Eversource Energy (NYSE:ES)
Sep 21Eversource Energy: A Progressive Utility With Growing Earnings
Sep 07Eversource Energy's (NYSE:ES) Returns Have Hit A Wall
Jul 06A Look At The Fair Value Of Eversource Energy (NYSE:ES)
Jun 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$19m | US$1m | -US$442m |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$1b |
| Mar 31 2023 | n/a | n/a | US$1b |
| Dec 31 2022 | US$13m | US$1m | US$1b |
| Sep 30 2022 | n/a | n/a | US$1b |
| Jun 30 2022 | n/a | n/a | US$1b |
| Mar 31 2022 | n/a | n/a | US$1b |
| Dec 31 2021 | US$6m | US$1m | US$1b |
| Sep 30 2021 | n/a | n/a | US$1b |
| Jun 30 2021 | n/a | n/a | US$1b |
| Mar 31 2021 | n/a | n/a | US$1b |
| Dec 31 2020 | US$5m | US$631k | US$1b |
| Sep 30 2020 | n/a | n/a | US$1b |
| Jun 30 2020 | n/a | n/a | US$1b |
| Mar 31 2020 | n/a | n/a | US$935m |
| Dec 31 2019 | US$6m | US$590k | US$909m |
| Sep 30 2019 | n/a | n/a | US$890m |
| Jun 30 2019 | n/a | n/a | US$861m |
| Mar 31 2019 | n/a | n/a | US$1b |
| Dec 31 2018 | US$3m | US$562k | US$1b |
Compensation vs Market: Joe's total compensation ($USD18.89M) is above average for companies of similar size in the US market ($USD13.52M).
Compensation vs Earnings: Joe's compensation has increased whilst the company is unprofitable.
CEO
Joe Nolan (59 yo)
2.9yrs
Tenure
US$18,885,577
Compensation
Mr. Joseph R. Nolan Jr. also known as Joe, serves as an Independent Director at Needham Bank sine 2023. He serves as an Independent Director Nb Bancorp, Inc. He was Chairman of The Connecticut Light and Po...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.9yrs | US$18.89m | 0.018% $ 3.8m | |
| Executive VP. CFO & Treasurer | 5.6yrs | US$4.21m | 0.0052% $ 1.1m | |
| Executive VP & General Counsel | 22.9yrs | US$2.60m | 0.020% $ 4.3m | |
| Senior Strategic Advisor | less than a year | US$3.20m | 0.012% $ 2.6m | |
| Executive VP of Corporate Relations & Sustainability and Secretary | 2.9yrs | US$2.06m | 0.0043% $ 916.5k | |
| Executive VP & COO | less than a year | no data | no data | |
| VP, Controller & Chief Accounting Officer | 14.8yrs | no data | 0.0064% $ 1.4m | |
| Vice President of Investor Relations | 22.8yrs | no data | no data | |
| Chief Compliance Officer & Deputy General Counsel | no data | no data | no data | |
| Executive VP of Human Resources & Information Technology | less than a year | no data | no data | |
| Executive Vice President of Customer Experience & Energy Strategy | 11.1yrs | no data | 0.0039% $ 817.0k | |
| President of Transmission | no data | US$2.22m | no data |
4.3yrs
Average Tenure
59yo
Average Age
Experienced Management: ES's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.9yrs | US$18.89m | 0.018% $ 3.8m | |
| Independent Trustee | less than a year | US$167.57k | no data | |
| Independent Trustee | 32.3yrs | US$297.44k | 0.0014% $ 287.9k | |
| Independent Lead Trustee | 12yrs | US$337.69k | 0% $ 0 | |
| Independent Trustee | 6.3yrs | US$296.44k | 0.0043% $ 905.9k | |
| Independent Trustee | 4.9yrs | US$282.69k | 0% $ 0 | |
| Independent Trustee | 12yrs | US$307.69k | 0.0022% $ 461.4k | |
| Independent Trustee | 1.3yrs | no data | 0% $ 0 | |
| Independent Trustee | 17.4yrs | US$282.44k | 0.0065% $ 1.4m | |
| Independent Trustee | 3.9yrs | US$282.44k | 0% $ 0 | |
| Independent Trustee | 12yrs | US$282.44k | 0% $ 0 | |
| Independent Trustee | 5.9yrs | US$282.69k | 0.0030% $ 632.9k |
6.1yrs
Average Tenure
64yo
Average Age
Experienced Board: ES's board of directors are considered experienced (6.1 years average tenure).