Data Year:

For its 2024 fiscal year, ORMAT TECHNOLOGIES, INC., listed the following executives on its annual proxy statement to the SEC

Equity
Cash Compensation
Other
Fiscal Year Ended in 2024
Name And Title Total Compensation Pay Rank By Title In Energy & Utilities industry
Shimon Hatzir
Executive Vice President, Electricity Segment
Total Compensation $1,543,956 View details Pay Rank By Title In Energy & Utilities industry #137 View more
Doron Blachar
Chief Executive Officer
Total Compensation $3,820,182 View details Pay Rank By Title In Energy & Utilities industry #189 View more
Assaf Ginzburg
Chief Financial Officer
Total Compensation $1,790,508 View details Pay Rank By Title In Energy & Utilities industry #167 View more
Ofer Ben Yosef
Executive Vice President, Energy Storage and Business Development
Total Compensation $1,264,684 View details Pay Rank By Title In Energy & Utilities industry #145 View more
Jessica Woelfel
General Counsel, Chief Compliance Officer, and Corporate Secretary
Total Compensation $1,160,415 View details Pay Rank By Title In Energy & Utilities industry #71 View more

The charts on this page feature a breakdown of the total annual pay for the top executives at ORMAT TECHNOLOGIES, INC. as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. ORMAT TECHNOLOGIES, INC. income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. ORMAT TECHNOLOGIES, INC. annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Shimon Hatzir
Executive Vice President, Electricity Segment
Total Cash $611,083 Equity $750,000 Other $182,873 $1,543,956
Doron Blachar
Chief Executive Officer
Total Cash $1,150,688 Equity $2,500,000 Other $169,494 $3,820,182
Assaf Ginzburg
Chief Financial Officer
Total Cash $749,723 Equity $950,000 Other $90,785 $1,790,508
Ofer Ben Yosef
Executive Vice President, Energy Storage and Business Development
Total Cash $584,272 Equity $600,000 Other $80,412 $1,264,684
Jessica Woelfel
General Counsel, Chief Compliance Officer, and Corporate Secretary
Total Cash $620,165 Equity $525,000 Other $15,250 $1,160,415
For its 2024 fiscal year, ORMAT TECHNOLOGIES, INC., listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Doron Blachar CEO Pay $3,820,182 Median Employee Pay $110,239 CEO Pay Ratio 35:1
For its 2024 fiscal year, ORMAT TECHNOLOGIES, INC., listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Byron G. Wong Total Cash $215,000
Dafna Sharir Total Cash $225,000
David Granot Total Cash $225,000
Isaac Angel Total Cash $315,000
Karin Corfee Total Cash $225,000
Michal Marom Total Cash $235,000
Ravit Barniv Total Cash $191,250
Stanley B. Stern Total Cash $225,000
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This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

Use of Data / Disclaimer

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

What is a proxy statement?

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.