NRG Energy Management

Management criteria checks 4/4

NRG Energy's CEO is Larry Coben, appointed in Nov 2023, has a tenure of 20.92 years. total yearly compensation is $12.50M, comprised of 0.08% salary and 99.9% bonuses, including company stock and options. directly owns 0.074% of the company’s shares, worth $14.25M. The average tenure of the management team and the board of directors is 2.8 years and 5.1 years respectively.

Key information

Larry Coben

Chief executive officer

US$12.5m

Total compensation

CEO salary percentage	0.08%
CEO tenure	less than a year
CEO ownership	0.07%
Management average tenure	2.8yrs
Board average tenure	5.1yrs

Recent management updates

Recent updates

NRG Energy: I'm Buying The Growth In Texas And Beyond

Nov 09

Is Now An Opportune Moment To Examine NRG Energy, Inc. (NYSE:NRG)?

Sep 09

NRG Energy: Decent Valuation To Add This Strong Utility Player In Your Portfolio

Sep 04

NRG: Darkhorse AI Energy Play

Aug 27

Is NRG Energy, Inc. (NYSE:NRG) Expensive For A Reason? A Look At Its Intrinsic Value

Aug 05

It's A Story Of Risk Vs Reward With NRG Energy, Inc. (NYSE:NRG)

Jul 15

Is It Too Late To Consider Buying NRG Energy, Inc. (NYSE:NRG)?

May 22

NRG Energy: Fundamentals Remain Strong, Staying With The Buy Rating Despite Recent Rally

May 16

A Piece Of The Puzzle Missing From NRG Energy, Inc.'s (NYSE:NRG) 28% Share Price Climb

Mar 20

Lights Still On At NRG Energy, Rated Hold As Earnings Overshadowed By Share Price

Nov 20

What Does NRG Energy, Inc.'s (NYSE:NRG) Share Price Indicate?

Oct 25

Calculating The Fair Value Of NRG Energy, Inc. (NYSE:NRG)

Sep 13

NRG Energy: Vivint Now A Major Contributor, Eyeing Further Upsides From Here

Sep 11

What Is NRG Energy, Inc.'s (NYSE:NRG) Share Price Doing?

Jul 14

NRG: Go Back To The Basics To Deliver Returns

Jul 04

NRG Energy's Analyst Day Underlines Its Commitment To Controversial 'All In' Retail Model

Jun 23

NRG Energy - Seeking Identity

Jun 05

NRG Energy (NYSE:NRG) Is Increasing Its Dividend To $0.3775

Apr 23

Industry Analysts Just Made A Stunning Upgrade To Their NRG Energy, Inc. (NYSE:NRG) Revenue Forecasts

Mar 22

NRG Energy GAAP EPS of $5.17, revenue of $31.54B, reaffirms FY Adjusted EBITDA guidance

Feb 16

Is It Too Late To Consider Buying NRG Energy, Inc. (NYSE:NRG)?

Jan 30

NRG Energy dividend declines by 7.3% to $0.35

Jan 20

CEO Compensation Analysis

How has Larry Coben's remuneration changed compared to NRG Energy's earnings?
Date	Total Compensation	Salary	Company Earnings
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
Sep 30 2018	n/a	n/a	-US$788m
Jun 30 2018	n/a	n/a	-US$860m
Mar 31 2018	n/a	n/a	-US$748m
Dec 31 2017	US$437k	n/a	-US$1b

Compensation vs Market: Larry's total compensation ($USD12.50M) is about average for companies of similar size in the US market ($USD12.66M).

Compensation vs Earnings: Larry's compensation has been consistent with company performance over the past year.

CEO

Larry Coben (65 yo)

less than a year

Tenure

US$12,495,838

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 2024. He served as Interim Chie...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Lawrence Coben	President	less than a year	US$12.50m	0.074% $ 14.3m
Woo-Sung Chung	EVP & CFO	1.4yrs	US$5.05m	0.025% $ 4.8m
Elizabeth Killinger	Advisor	8.8yrs	US$3.91m	0.053% $ 10.2m
Robert Gaudette	Executive Vice President of NRG Business	10.9yrs	US$3.82m	0.052% $ 10.0m
Rasesh Patel	Executive VP of Smart Home & President of NRG Consumer and Vivint	1.7yrs	US$5.51m	0.081% $ 15.6m
Gerald Spencer	Senior VP & Chief Accounting Officer	less than a year	no data	no data
Dak Liyanearachchi	Senior Vice President of Data & Technology	2.8yrs	no data	no data
Kevin Cole	Senior Vice President of Investor Relations	8.8yrs	no data	no data
Brian Curci	Executive VP of Legal & General Counsel	6.7yrs	US$2.03m	0.047% $ 9.0m
Gin Kinney	Senior Vice President of Marketing	2.8yrs	no data	no data
Judith Lagano	Senior Vice President of Asset Management	9.3yrs	no data	no data
Christopher Moser	Executive VP and Head of Competitive Markets & Policy	2.6yrs	US$2.11m	0.083% $ 16.0m

2.8yrs

Average Tenure

51yo

Average Age

Experienced Management: NRG's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Lawrence Coben	President	20.9yrs	US$12.50m	0.074% $ 14.3m
Alexander Pourbaix	Independent Director	less than a year	US$234.33k	no data
Marwan Fawaz	Independent Director	less than a year	US$234.35k	no data
Marcie Zlotnik	Independent Director	less than a year	US$234.35k	no data
E. Abraham	Independent Director	11.9yrs	US$309.02k	0.0033% $ 638.3k
Alexandra D. Pruner	Independent Director	5.1yrs	US$309.02k	0.000040% $ 7.7k
Kevin Howell	Independent Director	less than a year	US$2.21m	0.049% $ 9.5m
Elisabeth Donohue	Independent Director	4.1yrs	US$309.06k	0.0010% $ 201.1k
Matthew Carter	Independent Director	6.7yrs	US$289.01k	no data
Antonio Carrillo	Independent Director	5.1yrs	US$289.01k	0.011% $ 2.2m
Heather M. Cox	Independent Director	6.7yrs	US$309.02k	0.0041% $ 785.2k

5.1yrs

Average Tenure

61yo

Average Age

Experienced Board: NRG's board of directors are considered experienced (5.1 years average tenure).

NRG Energy Management

Management criteria checks 4/4

Key information

Recent management updates

NRG Energy, Inc. Appoints Lawrence Coben as Chief Executive Officer

NRG Energy, Inc. Announces Leadership Changes

Executive Vice President of Smart Home recently sold US$3.1m worth of stock

Executive Vice President of NRG Home notifies of intention to sell stock

NRG Energy, Inc., Annual General Meeting, Apr 25, 2024

Executive VP of Legal & General Counsel exercised options to buy US$777k worth of stock.

Recent updates

Consensus EPS estimates increase by 14%, revenue downgraded

Consensus EPS estimates fall by 11%

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

NRG Energy: I'm Buying The Growth In Texas And Beyond

Price target increased by 9.1% to US$93.51

Consensus EPS estimates increase by 12%

Second quarter dividend of US$0.41 announced

NRG Energy, Inc. Declares Quarterly Dividend on the Common Stock, Payable on November 15, 2024

NRG Energy, Inc. to Report Q3, 2024 Results on Nov 08, 2024

Is Now An Opportune Moment To Examine NRG Energy, Inc. (NYSE:NRG)?

NRG Energy: Decent Valuation To Add This Strong Utility Player In Your Portfolio

NRG: Darkhorse AI Energy Play

New major risk - Financial position

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Gamut Capital Management, L.P. entered into a definitive agreement to acquire Airtron Heating & Air Conditioning, Inc. from NRG Energy, Inc. (NYSE:NRG) for $500 million.

Is NRG Energy, Inc. (NYSE:NRG) Expensive For A Reason? A Look At Its Intrinsic Value

NRG Energy, Inc. Appoints Lawrence Coben as Chief Executive Officer

First quarter dividend of US$0.41 announced

NRG Energy, Inc. Announces Quarterly Dividend, Payable on August 15, 2024

NRG Energy, Inc. to Report Q2, 2024 Results on Aug 08, 2024

It's A Story Of Risk Vs Reward With NRG Energy, Inc. (NYSE:NRG)

Price target increased by 7.2% to US$78.88

Is It Too Late To Consider Buying NRG Energy, Inc. (NYSE:NRG)?

NRG Energy: Fundamentals Remain Strong, Staying With The Buy Rating Despite Recent Rally

Price target increased by 8.6% to US$73.56

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of US$0.41 per share

Price target increased by 9.0% to US$67.70

Fourth quarter dividend of US$0.41 announced

NRG Energy, Inc. to Report Q1, 2024 Results on May 07, 2024

NRG Energy, Inc. Announces Quarterly Dividend on Common Stock, Payable on May 15, 2024

Price target increased by 10% to US$64.90

NRG Energy, Inc. Announces Leadership Changes

Executive Vice President of Smart Home recently sold US$3.1m worth of stock

A Piece Of The Puzzle Missing From NRG Energy, Inc.'s (NYSE:NRG) 28% Share Price Climb

Executive Vice President of NRG Home notifies of intention to sell stock

NRG Energy, Inc., Annual General Meeting, Apr 25, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

NRG Energy, Inc. - Changes Within Has Been Quick And Impressive

Health Check: How Prudently Does NRG Energy (NYSE:NRG) Use Debt?

NRG Energy: Well-Positioned For Long-Term Growth

Price target increased by 9.5% to US$53.64

NRG Energy, Inc. Announces Quarterly Dividend, Payable on February 15, 2024

NRG Energy, Inc. to Report Q4, 2023 Results on Feb 28, 2024

Executive VP of Legal & General Counsel exercised options to buy US$777k worth of stock.

Market Cool On NRG Energy, Inc.'s (NYSE:NRG) Revenues

NRG Energy, Inc. Appoints Gerald Alfred Spencer as Senior Vice President and Chief Accounting Officer of the Company Effective December 4, 2023

NRG Energy, Inc. Announces Management Changes

Lights Still On At NRG Energy, Rated Hold As Earnings Overshadowed By Share Price

Price target increased by 12% to US$46.44

NRG Energy, Inc. Revises Earnings Guidance for the Year 2023

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

NRG Energy, Inc. to Report Q3, 2023 Results on Nov 02, 2023

What Does NRG Energy, Inc.'s (NYSE:NRG) Share Price Indicate?

Upcoming dividend of US$0.38 per share at 3.7% yield

NRG Energy, Inc. Announces Quarterly Dividend, Payable on November 15, 2023

Calculating The Fair Value Of NRG Energy, Inc. (NYSE:NRG)

NRG Energy: Vivint Now A Major Contributor, Eyeing Further Upsides From Here

Second quarter 2023 earnings released: EPS: US$1.26 (vs US$2.17 in 2Q 2022)

NRG Energy, Inc. to Report Q2, 2023 Results on Aug 08, 2023

Upcoming dividend of US$0.38 per share at 4.0% yield

NRG Energy, Inc. Announces Quarterly Dividend Payable on August 15, 2023

What Is NRG Energy, Inc.'s (NYSE:NRG) Share Price Doing?

NRG: Go Back To The Basics To Deliver Returns

Elliott Investment Management Issues an Open Letter to NRG Energy

Elliott Investment Management Seeks to Oust NRG Energy's CEO

NRG Energy's Analyst Day Underlines Its Commitment To Controversial 'All In' Retail Model

NRG Energy - Seeking Identity

Constellation Energy Corporation (NasdaqGS:CEG) entered into a definitive agreement to acquire 44% stake in South Texas Project Electric Generating Station from NRG Energy, Inc. (NYSE:NRG) for approximately $1.8 billion.