In 2020, Isaac Angel earned $2.73M in total compensation at Ormat Technologies, including $635.51K salary, $900.00K bonus and $882.48K in stock. Most recently acquired 439 shares in Sep 2023. Currently holds stock worth $3.34M. Led Ormat Technologies as CEO for 5 years.
Compensation History
Annual executive compensation data for Isaac Angel, including salary, bonuses, and stock awards.
Year
2020
Total Compensation
$2.73M
Salary
$635.51K
Bonus
$900.00K
Other
$307.23K
Salary
$635.51KBoard Justification
The compensation philosophy is designed to attract, motivate, and retain talented executives, aligning their interests with those of stockholders through performance-based compensation.
Bonus
$900.00KBoard Justification
The annual bonus earned by Mr. Angel was $900,000, which includes $675,000 for the Financial Performance Bonus and $225,000 for the KPI Bonus based on the Company's achievements in social and environmental responsibility, merger and acquisition activities, and governance practices.
Other Compensation
$307.23KBoard Justification
Includes payments of accrued vacation days, car-related expenses, Israel National Insurance, U.S. Social Security, health insurance, convalescence pay, Education Fund contributions, and other perquisites.
Restricted Stock
Board Justification
11,092 shares of RSUs vested in 2020, valued at $882,480 based on the fair market value at the time of vesting.
Performance Metrics
The performance metrics for the annual bonus included the Company's consolidated net income exceeding $20 million, with specific metrics for financial performance and other qualitative goals.
Isaac Angel
Ex-CEO of Ormat Technologies
Education
Not specified
Field of Expertise
Business & Management
Sector of Economy
Utilities
Born
January 1, 1956 - 69 years ago
CEO of Ormat Technologies for
5 years 11 months (Jul 2014 - Jun 2020)
Previous Experience
President and CEO of Lipman Electronic Engineering Ltd.
Holdings
Track Isaac Angel's stock holdings and portfolio value over time.
Total Stock Sold
$33.71M
$33.71M
528,155 ORA shares
What if they kept their stock?
If Isaac Angel didn't sell their stock, today they would have:
Extra ORA528,155 shares worth $59.49M.
This is 76.46% and $25.78M more than what they got when they sold the stock.
Insider Trading
Isaac Angel's recent stock transactions, purchases, and sales filed with the SEC.
$32.96K
ORA at $75.08/share
Sep 7, 2023
Sale
$32.42K
ORA at $75.57/share
Sep 7, 2023
Sale
$2.08M
ORA at $74.91/share
Sep 5, 2023
Sale
$3.87M
ORA at $75.50/share
Sep 1, 2023
Sale
$1.46M
ORA at $82.36/share
Jun 3, 2022
Sale
$2.59M
ORA at $83.79/share
Jun 1, 2022
Sale
$14.25M
ORA at $57.00/share
Jul 31, 2017
Sale
$8.55M
ORA at $57.00/share
Jul 26, 2017
Sale
Rivals
Compare Isaac Angel with competitor CEOs and industry peers.