Enagás Management

Management criteria checks 3/4

Enagás' CEO is Arturo Aizpiri, appointed in Feb 2022, has a tenure of 2.17 years. total yearly compensation is €969.00K, comprised of 83% salary and 17% bonuses, including company stock and options. directly owns 0.03% of the company’s shares, worth $1.16M. The average tenure of the management team and the board of directors is 2.2 years and 3.8 years respectively.

Key information

Arturo Aizpiri

Chief executive officer

€969.0k

Total compensation

CEO salary percentage	83.0%
CEO tenure	2.2yrs
CEO ownership	0.03%
Management average tenure	2.2yrs
Board average tenure	3.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Arturo Aizpiri's remuneration changed compared to Enagás's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	€353m
Dec 31 2023	n/a	n/a	€343m
Sep 30 2023	n/a	n/a	€281m
Jun 30 2023	n/a	n/a	€522m
Mar 31 2023	n/a	n/a	€361m
Dec 31 2022	€969k	€804k	€376m

Compensation vs Market: Arturo's total compensation ($USD1.04M) is below average for companies of similar size in the US market ($USD6.59M).

Compensation vs Earnings: Insufficient data to compare Arturo's compensation with company performance.

CEO

Arturo Aizpiri

2.2yrs

Tenure

€969,000

Compensation

Mr. Arturo Gonzalo Aizpiri is CEO & Executive Director of Enagás, S.A. from February 21, 2022.

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Antonio Carratala	Executive Chairman	18yrs	€730.00k	0.030% € 1.2m
Arturo Aizpiri	CEO & Executive Director	2.2yrs	€969.00k	0.030% € 1.2m
Luis Urrestarazu	Chief Financial Officer	1.8yrs	no data	no data
Felisa Villan	Public Affairs & Investor Relations General Manager	6.5yrs	no data	no data
José Castro del Real	Director of Compliance	no data	no data	no data
Javier De Gregorio	General Manager of People & Transformation	6.5yrs	no data	no data
Diego Ruiz	Board & General Secretary	1.3yrs	no data	no data

2.2yrs

Average Tenure

Experienced Management: ENGG.F's management team is considered experienced (2.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Antonio Carratala	Executive Chairman	18yrs	€730.00k	0.030% € 1.2m
Arturo Aizpiri	CEO & Executive Director	2.2yrs	€969.00k	0.030% € 1.2m
Bartolome Toro	Proprietary Director	16yrs	€160.00k	no data
Ana del Valle de Lersundi	Lead Independent Director	10.1yrs	€190.00k	no data
David Sandalow	Independent Director	2.1yrs	€160.00k	no data
Santiago Costa	Proprietary Director	5.5yrs	€160.00k	no data
Eva Patricia Sanz	Independent Director	5.1yrs	€160.00k	no data
Jose Lopez	Independent Director	3.8yrs	€160.00k	no data
Jose Aguilera	Independent Director	3.8yrs	€175.00k	no data
Cristobal Jose Castillo	Independent Director	3.8yrs	€160.00k	no data
Manuel Gonzalez Ramos	Independent Director	2.1yrs	€160.00k	no data
Maria Teresa Arcos Sanchez	Independent Director	2.9yrs	€175.00k	no data

3.8yrs

Average Tenure

Experienced Board: ENGG.F's board of directors are considered experienced (3.8 years average tenure).

Enagás Management

Management criteria checks 3/4

Key information

Recent management updates

Enagás, S.A., Annual General Meeting, Mar 20, 2024

Enagás, S.A., Annual General Meeting, Mar 30, 2022

Recent updates

Enagás, S.A. to Report Q1, 2024 Results on Apr 23, 2024

Enagás, S.A., Annual General Meeting, Mar 20, 2024

Enagás, S.A. to Report Fiscal Year 2023 Results on Feb 20, 2024

Enagás, S.A. to Report Q2, 2023 Results on Jul 26, 2023

Enagás, S.A. (BME:ENG) agreed to acquire 10% stake in Hanseatic Energy Hub GmbH from Fluxys Belgium SA (ENXTBR:FLUX).

Enagás, S.A. (BME:ENG) and Fluxys Belgium SA (ENXTBR:FLUX) agreed to acquire 5% stake in Trans Adriatic Pipeline AG from Axpo Solutions AG in a deal valued at €210 million.

Enagás, S.A. (BME:ENG) reached an agreement to acquire 20% stake in BBL Company V.O.F. from Uniper Ruhrgas BBL B.V. for €75 million.

Navantia S.A. acquired a 5% stake in Enagás Renovable, S.L.U. from Enagás, S.A. (BME:ENG).

Navantia S.A. acquired a 5% stake in Enagás Renovable, S.L.U. from Enagás, S.A. (BME:ENG).

Enagás, S.A. to Report Q3, 2022 Results on Oct 25, 2022

Enagás, S.A. (BME:ENG) signed a strategic cooperation agreement to acquire Albgaz.

Amancio Ortega acquired 5% stake in Enagás Renovable, S.L.U. from Enagás, S.A. (BME:ENG).

Hy24 acquired 30% stake in Enagás Renovable, S.L.U. from Enagás, S.A. (BME:ENG).

Enagás, S.A. (BME:ENG) announces an Equity Buyback for 465,000 shares, for €10.7 million.

Enagás, S.A. to Report Q1, 2022 Results on Apr 26, 2022

Enagás, S.A., Annual General Meeting, Mar 30, 2022

Enagás, S.A. to Report Fiscal Year 2021 Results on Feb 22, 2022

Enagás, S.A. to Report Q3, 2020 Results on Oct 20, 2020

Blackstone Infrastructure Partners, L.P., a fund managed by The Blackstone Group Inc. (NYSE:BX), National Pension Service, GIC Special Investments Pte. Ltd. and Enagás, S.A. (BME:ENG) completed the acquisition of additional 55.3% stake in Tallgrass Energy, LP (NYSE:TGE).

Enagás, S.A. to Report Q2, 2020 Results on Jul 28, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure