ORA

Ormat Technologies, Inc.

$104.84 -4.86 (-4.43%) At close · Jul 16

Market Cap

$6.43B

61,451,752

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Doron Blachar	CEO	$641,062	—	$2,000,000	—	$816,000	$160,943	$3,618,005
Assaf Ginzburg	CFO	$468,889	—	$1,000,000	—	$413,000	$100,893	$1,982,782
Ofer Ben Yosef	Executive Vice President, Energy Storage and Business Development	$379,526	—	$600,000	—	$302,000	$90,926	$1,390,452
Jessica Woelfel	—	$382,462	—	$593,867	—	$303,000	$15,250	$1,294,579
Aron Willis	Executive Vice President,	$221,539	—	$450,000	—	$136,000	$6,577	$814,116

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Doron Blachar	CEO	$542,688	—	$2,500,000	—	$608,000	$169,494	$3,820,182
Assaf Ginzburg	CFO	$407,723	—	$950,000	—	$342,000	$90,785	$1,790,508
Shimon Hatzir	General Manager, Energy Storage and Solutions Segment^^(On April 1, 2021, Mr. Hatzir will be the Company’s Executive Vice President—Electricity Segment)	$358,083	—	$750,000	—	$253,000	$182,873	$1,543,956
Ofer Ben Yosef	Executive Vice President, Energy Storage and Business Development	$332,272	—	$600,000	—	$252,000	$80,412	$1,254,684
Jessica Woelfel	General Counsel	$360,165	—	$525,000	—	$260,000	$15,250	$1,160,415
General Counsel	Chief Compliance Officer and Corporate Secretary	$360,165	—	$525,000	—	$260,000	$15,250	$1,160,415

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Doron Blachar	CEO	$528,300	—	$1,800,000	—	$594,000	$136,276	$3,058,576
Assaf Ginzburg	CFO	$393,940	—	$850,000	—	$274,000	$85,499	$1,603,439
Shimon Hatzir	General Manager, Energy Storage and Solutions Segment^^(On April 1, 2021, Mr. Hatzir will be the Company’s Executive Vice President—Electricity Segment)	$353,458	—	$700,000	—	$223,000	$93,195	$1,369,653
Ofer Ben Yosef	Executive Vice President, Energy Storage and Business Development	$318,111	—	$500,000	—	$165,000	$77,260	$1,060,371
Jessica Woelfel	General Counsel	$333,231	—	$450,000	—	$220,000	$14,954	$1,018,185
General Counsel	Chief Compliance Officer and Corporate Secretary	$333,231	—	$450,000	—	$220,000	$14,954	$1,018,185

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Doron Blachar	CEO	$506,910	—	$675,000	$225,000	$510,000	$140,249	$2,057,159
Assaf Ginzburg	CFO	$375,748	—	$445,000	$125,000	$249,600	$87,441	$1,282,789
Shimon Hatzir	General Manager, Energy Storage and Solutions Segment^^(On April 1, 2021, Mr. Hatzir will be the Company’s Executive Vice President—Electricity Segment)	$364,965	—	$400,000	$100,000	$211,100	$98,431	$1,174,496
Shlomi Argas	President and Head of Operations and Products	$352,621	$18,500	$300,000	$100,000	$181,500	$101,479	$1,054,100
Ofer Ben Yosef	Executive Vice President, Energy Storage and Business Development	$328,466	—	$300,000	$100,000	$211,000	$83,049	$1,022,515

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Doron Blachar	CEO	$506,886	$70,000	—	—	$365,000	$132,801	$1,074,687
Assaf Ginzburg	CFO	$355,759	$29,000	—	—	$145,000	$88,659	$618,418
Shimon Hatzir	General Manager, Energy Storage and Solutions Segment^^(On April 1, 2021, Mr. Hatzir will be the Company’s Executive Vice President—Electricity Segment)	$324,392	—	—	—	$126,000	$113,357	$563,749
Shlomi Argas	President and Head of Operations and Products	$323,015	—	—	—	$120,000	$94,705	$537,720
Ofer Ben Yosef	Executive Vice President, Energy Storage and Business Development	$318,079	$11,000	—	—	$119,000	$85,161	$533,240

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Doron Blachar	CEO	$437,474	—	$750,000	$750,000	$355,000	$113,289	$2,405,763
Isaac Angel	CEO	$635,507	—	—	—	$900,000	$307,234	$1,842,741
Assaf Ginzburg	CFO	$223,979	$35,000	$450,000	$450,000	$141,000	$45,214	$1,345,193
Shlomi Argas	President and Head of Operations and Products	$301,583	$13,000	$375,000	$375,000	$123,000	$104,821	$1,292,404
Hezi Kattan	General Counsel	$276,739	$12,000	$375,000	$375,000	$138,000	$76,848	$1,253,587

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Isaac Angel	CEO	$611,067	—	—	—	$900,000	$149,620	$1,660,687
Doron Blachar	CEO	$388,280	—	—	—	$253,000	$105,743	$747,024
Shlomi Argas	President and Head of Operations and Products	$290,247	—	—	—	$206,000	$99,051	$595,297
Zvi Krieger	Executive Vice President—Electricity Segment	$298,864	—	—	—	$160,000	$87,467	$546,332
Hezi Kattan	General Counsel	$258,681	—	—	—	$168,000	$72,273	$498,955

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Isaac Angel	CEO	$594,206	—	$2,148,379	$4,298,022	$800,000	$143,944	$7,984,551
Shlomi Argas	President and Head of Operations and Products	$283,064	—	$225,017	$451,311	$154,000	$92,764	$1,206,156
Zvi Krieger	Executive Vice President—Electricity Segment	$286,923	—	$225,017	$451,311	$101,000	$84,365	$1,148,616
Doron Blachar	CEO	$373,424	—	—	—	$100,000	$100,348	$573,772

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Doron Blachar	CFO	$361,907	—	$606,372	$1,173,934	$215,000	$99,984	$2,457,197
Isaac Angel	CEO	$469,030	—	—	—	$762,500	$124,905	$1,356,435
Zvi Krieger	Executive Vice President—Electricity Segment	$265,633	—	$83,830	$162,334	$210,000	$86,219	$808,016
Shlomi Argas	President and Head of Operations and Products	$227,346	—	$83,830	$162,334	$154,000	$79,877	$707,387

Key facts CIK 1296445 CUSIP 686688102 13F (30d) 52 filings 36 filers Visit website Investor relations