Ormat Technologies Management
Management criteria checks 3/4
Ormat Technologies' CEO is Doron Blachar, appointed in Jul 2020, has a tenure of 4.42 years. total yearly compensation is $3.06M, comprised of 17.3% salary and 82.7% bonuses, including company stock and options. directly owns 0.039% of the company’s shares, worth $1.59M. The average tenure of the management team and the board of directors is 3.8 years and 4.5 years respectively.
Key information
Doron Blachar
Chief executive officer
US$3.1m
Total compensation
| CEO salary percentage | 17.3% |
| CEO tenure | 4.4yrs |
| CEO ownership | 0.04% |
| Management average tenure | 3.8yrs |
| Board average tenure | 4.5yrs |
Recent management updates
Recent updates
Ormat Technologies (NYSE:ORA) Might Be Having Difficulty Using Its Capital Effectively
Dec 05
Ormat Technologies: Growth Prospects Outpaced By Overvaluation
Nov 08Is Ormat Technologies, Inc. (NYSE:ORA) Trading At A 34% Discount?
Nov 08With EPS Growth And More, Ormat Technologies (NYSE:ORA) Makes An Interesting Case
Oct 18Ormat Technologies, Inc.'s (NYSE:ORA) Shareholders Might Be Looking For Exit
Sep 06Ormat Technologies (NYSE:ORA) Seems To Be Using A Lot Of Debt
Aug 03Ormat Technologies: Risk/Reward Skewed To The Downside On Starting Valuations
Aug 03Ormat Technologies (NYSE:ORA) Could Be Struggling To Allocate Capital
Jul 16If EPS Growth Is Important To You, Ormat Technologies (NYSE:ORA) Presents An Opportunity
Jun 28Earnings Not Telling The Story For Ormat Technologies, Inc. (NYSE:ORA)
May 22Shareholders May Find It Hard To Justify Increasing Ormat Technologies, Inc.'s (NYSE:ORA) CEO Compensation For Now
May 02These 4 Measures Indicate That Ormat Technologies (NYSE:ORA) Is Using Debt Extensively
Mar 22Ormat Technologies: An Expensive Vertically Integrated Gem
Mar 09The Price Is Right For Ormat Technologies, Inc. (NYSE:ORA)
Feb 06Here's What's Concerning About Ormat Technologies' (NYSE:ORA) Returns On Capital
Jan 08Ormat Technologies: EGS Could Provide Unexpected Upside
Oct 31Ormat Technologies: High Earnings Not As Attractive Compared To Capital Required To Grow
Oct 04Ormat Technologies (NYSE:ORA) Could Be Struggling To Allocate Capital
Sep 26These 4 Measures Indicate That Ormat Technologies (NYSE:ORA) Is Using Debt Extensively
Aug 31Ormat Technologies: Promising Future, But Valuation Is Worrying
Jun 09The Returns On Capital At Ormat Technologies (NYSE:ORA) Don't Inspire Confidence
May 13Ormat Technologies Q4 2022 Earnings Preview
Feb 21Massif Capital - Ormat Technologies: Keep An Eye Out For A Catalyst
Feb 01Ormat secures financing for Ijen geothermal power plant
Jan 12Ormat Technologies goes ex dividend tomorrow
Nov 14Returns On Capital Signal Tricky Times Ahead For Ormat Technologies (NYSE:ORA)
Nov 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$119m |
| Jun 30 2024 | n/a | n/a | US$132m |
| Mar 31 2024 | n/a | n/a | US$134m |
| Dec 31 2023 | US$3m | US$528k | US$124m |
| Sep 30 2023 | n/a | n/a | US$107m |
| Jun 30 2023 | n/a | n/a | US$89m |
| Mar 31 2023 | n/a | n/a | US$76m |
| Dec 31 2022 | US$2m | US$507k | US$66m |
| Sep 30 2022 | n/a | n/a | US$67m |
| Jun 30 2022 | n/a | n/a | US$63m |
| Mar 31 2022 | n/a | n/a | US$65m |
| Dec 31 2021 | US$1m | US$507k | US$62m |
| Sep 30 2021 | n/a | n/a | US$64m |
| Jun 30 2021 | n/a | n/a | US$65m |
| Mar 31 2021 | n/a | n/a | US$75m |
| Dec 31 2020 | US$2m | US$437k | US$85m |
| Sep 30 2020 | n/a | n/a | US$77m |
| Jun 30 2020 | n/a | n/a | US$77m |
| Mar 31 2020 | n/a | n/a | US$88m |
| Dec 31 2019 | US$747k | US$388k | US$88m |
| Sep 30 2019 | n/a | n/a | US$94m |
| Jun 30 2019 | n/a | n/a | US$89m |
| Mar 31 2019 | n/a | n/a | US$54m |
| Dec 31 2018 | US$574k | US$373k | US$98m |
| Sep 30 2018 | n/a | n/a | US$144m |
| Jun 30 2018 | n/a | n/a | US$158m |
| Mar 31 2018 | n/a | n/a | US$167m |
| Dec 31 2017 | US$2m | US$362k | US$132m |
Compensation vs Market: Doron's total compensation ($USD3.06M) is below average for companies of similar size in the US market ($USD6.67M).
Compensation vs Earnings: Doron's compensation has increased by more than 20% in the past year.
CEO
Doron Blachar (56 yo)
4.4yrs
Tenure
US$3,058,576
Compensation
Mr. Doron Blachar has been Chief Executive Officer of Ormat Technologies, Inc. since July 1, 2020 and served its President since November 6, 2019 until January 01, 2021. Mr. Blachar serves as the Chief Fin...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 4.4yrs | US$3.06m | 0.039% $ 1.6m | |
| Chief Financial Officer | 4.6yrs | US$1.60m | 0.045% $ 1.8m | |
| General Counsel | 3.8yrs | US$1.02m | 0.0052% $ 211.1k | |
| Executive Vice President of Electricity Segment | 3.7yrs | US$1.37m | 0.0052% $ 214.0k | |
| Executive Vice President of Energy Storage & Business Development | 3.9yrs | US$1.06m | 0.010% $ 424.3k | |
| Vice President | no data | no data | no data | |
| Executive Vice President of Human Resources | 3.9yrs | no data | no data | |
| Senior Vice President of Engineering | 1.6yrs | no data | no data | |
| Senior Vice President of Projects | 1.9yrs | no data | no data |
3.8yrs
Average Tenure
56yo
Average Age
Experienced Management: ORA's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Lead Independent Director | 9.1yrs | US$225.00k | 0.0081% $ 332.8k | |
| Chairman of Ormat Industries | no data | no data | no data | |
| Chairman | 4.5yrs | US$315.00k | 0.074% $ 3.0m | |
| Independent Director | less than a year | US$38.77k | no data | |
| Independent Director | 6.6yrs | US$225.00k | 0.0059% $ 240.5k | |
| Independent Director | 12.6yrs | US$225.00k | 0.0059% $ 241.3k | |
| Independent Director | 3.6yrs | no data | no data | |
| Independent Director | 2.5yrs | US$225.00k | 0.0048% $ 196.4k | |
| Independent Director | 7.4yrs | US$215.00k | 0.011% $ 466.3k | |
| Independent Director | 2.5yrs | US$235.00k | no data |
4.5yrs
Average Tenure
62.5yo
Average Age
Experienced Board: ORA's board of directors are considered experienced (4.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:04 |
| End of Day Share Price | 2024/12/20 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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
Ormat Technologies, Inc. is covered by 31 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 |
|---|---|
| Jinming Liu | Ardour Capital Investments, LLC |
| Daniel Mannes | Avondale Partners |
| J. Horwitz | Baird |