In 2023, Doron Blachar earned $1.26M in total compensation at Ormat Technologies, including $528.30K salary and $594.00K bonus. Most recently sold 11,315 shares in Sep 2023. Currently holds stock worth $6.63M. 5+ years at the helm of Ormat Technologies.
Compensation History
Annual executive compensation data for Doron Blachar, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.26M
Salary
$528.30K
Bonus
$594.00K
Other
$136.28K
Salary
$528.30KBoard Justification
The compensation philosophy is designed to attract, motivate, and retain talented executives while aligning their interests with those of stockholders through performance-based incentives.
Bonus
$594.00KBoard Justification
Annual cash bonus based on performance metrics including revenue and adjusted EBITDA, with no bonus paid unless net income is positive.
Other Compensation
$136.28KBoard Justification
Includes severance and pension contributions as required by Israeli law, car-related expenses, and other perquisites.
Restricted Stock
Board Justification
No stock grants vested in 2023, only stock grants that are already vested are included in this report.
Performance Metrics
Performance metrics included revenue and adjusted EBITDA targets, with a focus on achieving positive net income.
Doron Blachar
CEO of Ormat Technologies
Education
B.A. in Accounting and Economics, M.B.A. from Tel Aviv University
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Utilities
Born
January 1, 1975 - 50 years ago
CEO of Ormat Technologies for
5 years 5 months (Jul 2020 - Present)
Previous Experience
CFO of Ormat Technologies, Inc. since 2013.
Other Ormat Technologies CEOs
Holdings
Track Doron Blachar's stock holdings and portfolio value over time.
Total Stock Sold
$9.13M
$9.13M
164,607 ORA shares
What if they kept their stock?
If Doron Blachar didn't sell their stock, today they would have:
Extra ORA164,607 shares worth $18.54M.
This is 103.07% and $9.41M more than what they got when they sold the stock.
Insider Trading
Doron Blachar's recent stock transactions, purchases, and sales filed with the SEC.
$854.51K
ORA at $75.52/share
Sep 1, 2023
Sale
$1.74M
ORA at $83.79/share
Jun 1, 2022
Sale
$3.56M
ORA at $57.00/share
Jul 26, 2017
Sale
$147.59K
ORA at $40.85/share
Apr 12, 2016
Sale
$531.19K
ORA at $40.37/share
Apr 11, 2016
Sale
$423.93K
ORA at $40.61/share
Apr 8, 2016
Sale
$734.85K
ORA at $40.33/share
Apr 7, 2016
Sale
$997.50K
ORA at $40.60/share
Apr 6, 2016
Sale
Rivals
Compare Doron Blachar with competitor CEOs and industry peers.