Eversource Energy Management

Management criteria checks 2/4

Eversource Energy's CEO is Joe Nolan, appointed in May 2021, has a tenure of 3.58 years. total yearly compensation is $18.89M, comprised of 7% salary and 93% bonuses, including company stock and options. directly owns 0.034% of the company’s shares, worth $7.18M. The average tenure of the management team and the board of directors is 4.9 years and 5.6 years respectively.

Key information

Joe Nolan

Chief executive officer

US$18.9m

Total compensation

CEO salary percentage7.0%
CEO tenure3.6yrs
CEO ownership0.03%
Management average tenure4.9yrs
Board average tenure5.6yrs

Recent management updates

We Think Shareholders May Want To Consider A Review Of Eversource Energy's (NYSE:ES) CEO Compensation Package

Apr 26
We Think Shareholders May Want To Consider A Review Of Eversource Energy's (NYSE:ES) CEO Compensation Package

Recent updates

Eversource Energy: An Undervalued Solid Power Utility Stock

Dec 09

Eversource Energy's (NYSE:ES) Shares Not Telling The Full Story

Nov 27
Eversource Energy's (NYSE:ES) Shares Not Telling The Full Story

Eversource Energy: Time To Buy This Quality Dividend Grower Now

Oct 25

A Look At The Intrinsic Value Of Eversource Energy (NYSE:ES)

Oct 22
A Look At The Intrinsic Value Of Eversource Energy (NYSE:ES)

Return Trends At Eversource Energy (NYSE:ES) Aren't Appealing

Oct 01
Return Trends At Eversource Energy (NYSE:ES) Aren't Appealing

Eversource Energy's Grid Modernization Ambitions Position It For Growth

Sep 28

Not Many Are Piling Into Eversource Energy (NYSE:ES) Just Yet

Aug 18
Not Many Are Piling Into Eversource Energy (NYSE:ES) Just Yet

Here's Why Eversource Energy (NYSE:ES) Is Weighed Down By Its Debt Load

Jul 27
Here's Why Eversource Energy (NYSE:ES) Is Weighed Down By Its Debt Load

Eversource Energy: Ready To Catch The Wind, Literally

Jul 07

An Intrinsic Calculation For Eversource Energy (NYSE:ES) Suggests It's 33% Undervalued

Jun 26
An Intrinsic Calculation For Eversource Energy (NYSE:ES) Suggests It's 33% Undervalued

Return Trends At Eversource Energy (NYSE:ES) Aren't Appealing

May 11
Return Trends At Eversource Energy (NYSE:ES) Aren't Appealing

We Think Shareholders May Want To Consider A Review Of Eversource Energy's (NYSE:ES) CEO Compensation Package

Apr 26
We Think Shareholders May Want To Consider A Review Of Eversource Energy's (NYSE:ES) CEO Compensation Package

Eversource's Offshore Wind Lessons Have Created A Buying Opportunity

Apr 10

Eversource Energy's (NYSE:ES) P/S Still Appears To Be Reasonable

Mar 23
Eversource Energy's (NYSE:ES) P/S Still Appears To Be Reasonable

Eversource Energy Reported A Surprise Loss, And Analysts Have Updated Their Forecasts

Feb 16
Eversource Energy Reported A Surprise Loss, And Analysts Have Updated Their Forecasts

Eversource Energy's (NYSE:ES) Intrinsic Value Is Potentially 57% Above Its Share Price

Feb 09
Eversource Energy's (NYSE:ES) Intrinsic Value Is Potentially 57% Above Its Share Price

Eversource Energy: Standing Its Ground In Turbulent Markets

Jan 15

Eversource Energy (NYSE:ES) Has More To Do To Multiply In Value Going Forward

Dec 25
Eversource Energy (NYSE:ES) Has More To Do To Multiply In Value Going Forward

Eversource Energy: Undervalued Utility With A Generous Yield Is A Buy

Oct 26

Eversource Energy: A Stable Utility To Buy On Dips

Sep 19

Eversource Energy: A Solid Utility Selling At An Attractive Valuation

Jul 12

Eversource Energy Q4 2022 Earnings Preview

Feb 12

Eversource Energy raises quarterly dividend by 5.9% to $0.675/share

Feb 01

Eversource Energy: Strong Renewable Credentials Make For A Somewhat Pricey Stock

Jan 10

Eversource Energy declares $0.6375 dividend

Dec 06

Eversource Energy: Changing Business Model Brings Opportunities And Risks

Oct 11

Eversource Energy declares $0.6375 dividend

Sep 16

Eversource Energy: Expensive Valuation With A History Of Earnings Misses

Jul 26

Eversource Energy: Solid Results Show Growth, Positioned For Reasonable Return

May 10

CEO Compensation Analysis

How has Joe Nolan's remuneration changed compared to Eversource Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$549m

Jun 30 2024n/an/a

-US$92m

Mar 31 2024n/an/a

-US$412m

Dec 31 2023US$19mUS$1m

-US$442m

Sep 30 2023n/an/a

US$1b

Jun 30 2023n/an/a

US$1b

Mar 31 2023n/an/a

US$1b

Dec 31 2022US$13mUS$1m

US$1b

Sep 30 2022n/an/a

US$1b

Jun 30 2022n/an/a

US$1b

Mar 31 2022n/an/a

US$1b

Dec 31 2021US$6mUS$1m

US$1b

Sep 30 2021n/an/a

US$1b

Jun 30 2021n/an/a

US$1b

Mar 31 2021n/an/a

US$1b

Dec 31 2020US$5mUS$631k

US$1b

Sep 30 2020n/an/a

US$1b

Jun 30 2020n/an/a

US$1b

Mar 31 2020n/an/a

US$935m

Dec 31 2019US$6mUS$590k

US$909m

Sep 30 2019n/an/a

US$890m

Jun 30 2019n/an/a

US$861m

Mar 31 2019n/an/a

US$1b

Dec 31 2018US$3mUS$562k

US$1b

Compensation vs Market: Joe's total compensation ($USD18.89M) is above average for companies of similar size in the US market ($USD12.86M).

Compensation vs Earnings: Joe's compensation has increased whilst the company is unprofitable.


CEO

Joe Nolan (60 yo)

3.6yrs

Tenure

US$18,885,577

Compensation

Mr. Joseph R. Nolan, Jr. also known as Joe, is Chairman of NSTAR Gas Company. Mr. Nolan serves as an Independent Director at Needham Bank sine 2023. He serves as an Independent Director Nb Bancorp, Inc. He...


Leadership Team

NamePositionTenureCompensationOwnership
Joseph Nolan
President3.6yrsUS$18.89m0.034%
$ 7.2m
John Moreira
Executive VP. CFO & Treasurer6.3yrsUS$4.21m0.0050%
$ 1.0m
Gregory Butler
Executive VP & General Counsel23.6yrsUS$2.60m0.020%
$ 4.1m
James Hunt
Executive VP of Corporate Relations & Sustainability and Secretary3.6yrsUS$2.06m0.0041%
$ 868.9k
Paul Chodak
Executive VP & COO1.1yrsno data0.0012%
$ 249.8k
Jay Buth
VP, Controller & Chief Accounting Officer15.5yrsno data0.0061%
$ 1.3m
Jeffrey Kotkin
Vice President of Investor Relations23.5yrsno datano data
Duncan MacKay
Chief Compliance Officer & Deputy General Counselno datano datano data
Susan Sgroi
Executive VP of Human Resources & Information Technologyless than a yearno datano data
Penelope McLean-Conner
Executive Vice President of Customer Experience & Energy Strategy11.8yrsno data0.0025%
$ 526.8k
Rima Hyder
Vice President of Investor Relationsless than a yearno datano data
James Muntz
President of Transmissionno dataUS$2.22mno data

4.9yrs

Average Tenure

60yo

Average Age

Experienced Management: ES's management team is considered experienced (4.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Joseph Nolan
President3.6yrsUS$18.89m0.034%
$ 7.2m
Daniel Nova
Lead Independent Trustee1.5yrsUS$167.57k0.000060%
$ 12.6k
Cotton Cleveland
Independent Trustee32.9yrsUS$297.69k0.0013%
$ 272.8k
John Kim
Independent Trustee6.9yrsUS$296.44k0.0041%
$ 858.4k
David Long
Independent Trustee5.6yrsUS$282.69kno data
Loretta Keane
Independent Trustee1.9yrsUS$290.19kno data
Gregory Jones
Independent Trustee4.6yrsUS$282.69kno data
Frederica Williams
Independent Trustee12.7yrsUS$282.69kno data
Linda Forry
Independent Trustee6.6yrsUS$282.69k0.0029%
$ 600.2k

5.6yrs

Average Tenure

64yo

Average Age

Experienced Board: ES's board of directors are considered experienced (5.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 23:49
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Eversource Energy is covered by 40 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gary HovisArgus Research Company
Daniel FordBarclays
Nicholas CampanellaBarclays