NRG Energy Management
Management criteria checks 4/4
NRG Energy's CEO is Larry Coben, appointed in Nov 2023, has a tenure of 1.42 years. total yearly compensation is $5.46M, comprised of 11.5% salary and 88.5% bonuses, including company stock and options. directly owns 0.029% of the company’s shares, worth $6.35M. The average tenure of the management team and the board of directors is 3.1 years and 5.5 years respectively.
Key information
Larry Coben
Chief executive officer
US$5.5m
Total compensation
| CEO salary percentage | 11.5% |
| CEO tenure | 1.4yrs |
| CEO ownership | 0.03% |
| Management average tenure | 3.1yrs |
| Board average tenure | 5.5yrs |
Recent management updates
Recent updates
NRG Energy: Attractively Priced As Demand Ratchets Up
Mar 11We Like The Quality Of NRG Energy's (NYSE:NRG) Earnings
Mar 10
Is There Now An Opportunity In NRG Energy, Inc. (NYSE:NRG)?
Jan 14NRG Energy: Soaring Consumer Demand Sees Its Upside Potential
Jan 14NRG Energy, Inc. (NYSE:NRG) Doing What It Can To Lift Shares
Dec 24NRG Energy: Electrifying Growth, But Overvalued
Dec 18NRG Energy (NYSE:NRG) Has A Somewhat Strained Balance Sheet
Dec 03NRG Energy: I'm Buying The Growth In Texas And Beyond
Nov 09Is Now An Opportune Moment To Examine NRG Energy, Inc. (NYSE:NRG)?
Sep 09NRG Energy: Decent Valuation To Add This Strong Utility Player In Your Portfolio
Sep 04NRG: Darkhorse AI Energy Play
Aug 27
Texas Energy Ventures Face Market Fluctuations And Critical Risks
Aug 21 Pursuit of new projects and reliance on volatile power markets may increase NRG Energy's financial unpredictability, affecting cash flows and earnings stability.Is NRG Energy, Inc. (NYSE:NRG) Expensive For A Reason? A Look At Its Intrinsic Value
Aug 05It's A Story Of Risk Vs Reward With NRG Energy, Inc. (NYSE:NRG)
Jul 15Is It Too Late To Consider Buying NRG Energy, Inc. (NYSE:NRG)?
May 22NRG Energy: Fundamentals Remain Strong, Staying With The Buy Rating Despite Recent Rally
May 16NRG Energy, Inc. - Changes Within Has Been Quick And Impressive
Feb 14NRG Energy: Well-Positioned For Long-Term Growth
Feb 06Lights Still On At NRG Energy, Rated Hold As Earnings Overshadowed By Share Price
Nov 20NRG Energy: Vivint Now A Major Contributor, Eyeing Further Upsides From Here
Sep 11NRG: Go Back To The Basics To Deliver Returns
Jul 04NRG Energy's Analyst Day Underlines Its Commitment To Controversial 'All In' Retail Model
Jun 23NRG Energy - Seeking Identity
Jun 05CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | US$5m | US$630k | US$1b |
| Sep 30 2024 | n/a | n/a | US$897m |
| Jun 30 2024 | n/a | n/a | US$2b |
| Mar 31 2024 | n/a | n/a | US$2b |
| Dec 31 2023 | US$12m | US$10k | -US$256m |
| Sep 30 2023 | n/a | n/a | -US$2b |
| Jun 30 2023 | n/a | n/a | -US$2b |
| Mar 31 2023 | n/a | n/a | -US$2b |
| Dec 31 2022 | US$479k | n/a | US$1b |
| Sep 30 2022 | n/a | n/a | US$2b |
| Jun 30 2022 | n/a | n/a | US$3b |
| Mar 31 2022 | n/a | n/a | US$4b |
| Dec 31 2021 | US$467k | n/a | US$2b |
| Sep 30 2021 | n/a | n/a | US$2b |
| Jun 30 2021 | n/a | n/a | US$1b |
| Mar 31 2021 | n/a | n/a | US$307m |
| Dec 31 2020 | US$525k | n/a | US$510m |
| Sep 30 2020 | n/a | n/a | US$4b |
| Jun 30 2020 | n/a | n/a | US$4b |
| Mar 31 2020 | n/a | n/a | US$4b |
| Dec 31 2019 | US$473k | n/a | US$4b |
| Sep 30 2019 | n/a | n/a | US$564m |
| Jun 30 2019 | n/a | n/a | US$455m |
| Mar 31 2019 | n/a | n/a | US$270m |
| Dec 31 2018 | US$472k | n/a | US$460m |
Compensation vs Market: Larry's total compensation ($USD5.46M) is below average for companies of similar size in the US market ($USD14.44M).
Compensation vs Earnings: Larry's compensation has been consistent with company performance over the past year.
CEO
Larry Coben (65 yo)
1.4yrs
Tenure
US$5,463,154
Compensation
Dr. Lawrence Stephen Coben, also known as Larry, Ph. D. is Chairman at NRG Energy, Inc. since November 17, 2023 and is its President and Chief Executive Officer since August 01, 2024. He served as Interim...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.4yrs | US$5.46m | 0.029% $ 6.4m | |
| EVP & CFO | 1.8yrs | US$4.62m | 0.021% $ 4.5m | |
| Executive VP of Legal & General Counsel | 7.1yrs | US$3.59m | 0.047% $ 10.3m | |
| Executive VP | 11.3yrs | US$4.16m | 0.020% $ 4.2m | |
| Executive VP of Smart Home & President of NRG Consumer and Vivint | 2.1yrs | US$6.31m | 0.085% $ 18.5m | |
| Senior VP & Chief Accounting Officer | 1.3yrs | no data | 0.00078% $ 169.2k | |
| Senior Vice President of Corporate Finance | 9.3yrs | no data | no data | |
| Executive VP & CTO | 3.3yrs | no data | 0.021% $ 4.6m | |
| Executive VP & Chief Administrative Officer | less than a year | no data | 0.033% $ 7.3m | |
| Senior Vice President of Asset Management | 9.8yrs | no data | no data | |
| Executive VP and Head of Competitive Markets & Policy | 3yrs | US$2.11m | 0.085% $ 18.3m | |
| Senior Vice President of Program Office | 3.3yrs | no data | no data |
3.1yrs
Average Tenure
50.5yo
Average Age
Experienced Management: NRG's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 21.3yrs | US$5.46m | 0.029% $ 6.4m | |
| Independent Director | 1.4yrs | US$299.01k | no data | |
| Independent Director | 1.4yrs | US$299.01k | 0.0030% $ 644.3k | |
| Independent Director | 1.4yrs | US$299.01k | no data | |
| Independent Director | 12.3yrs | US$319.05k | 0.0034% $ 731.1k | |
| Independent Director | 5.5yrs | US$332.87k | 0.000040% $ 8.7k | |
| Independent Director | 1.3yrs | US$299.01k | 0.050% $ 11.0m | |
| Independent Director | 4.5yrs | US$317.41k | 0.0019% $ 405.7k | |
| Independent Director | 7.1yrs | US$299.01k | no data | |
| Lead Independent Director | 5.5yrs | US$340.32k | 0.011% $ 2.5m | |
| Independent Director | 7.1yrs | US$319.05k | 0.0083% $ 1.8m |
5.5yrs
Average Tenure
61yo
Average Age
Experienced Board: NRG's board of directors are considered experienced (5.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/30 18:02 |
| End of Day Share Price | 2025/04/30 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
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| 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.
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 Github.
Analyst Sources
NRG Energy, Inc. is covered by 25 analysts. 7 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 |
|---|---|
| Daniel Ford | Barclays |
| James Thalacker | BMO Capital Markets Equity Research |
| Julien Dumoulin-Smith | BofA Global Research |