ORA · Ormat Technologies, Inc. · Executive Compensation

$87.14 +0.50 (+0.58%)

S&P 400 member Russell 2000 member Rebalance outlook locked

Market Cap

$5.33B

61.50M

Volume · Oct 20 169.51K Avg daily vol (3M) 897.96K

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	Chief Executive Officer	$641,062	—	$2,000,000	—	$816,000	$160,943	$3,618,005
Assaf Ginzburg	Chief Financial Officer	$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	General Counsel, Chief Compliance Officer and Corporate Secretary	$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	Chief Executive Officer	$542,688	—	$2,500,000	—	$608,000	$169,494	$3,820,182
Assaf Ginzburg	Chief Financial Officer	$407,723	—	$950,000	—	$342,000	$90,785	$1,790,508
Shimon Hatzir	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, 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	Chief Executive Officer	$528,300	—	$1,800,000	—	$594,000	$136,276	$3,058,576
Assaf Ginzburg	Chief Financial Officer	$393,940	—	$850,000	—	$274,000	$85,499	$1,603,439
Shimon Hatzir	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, 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	Chief Executive Officer	$506,910	—	$675,000	$225,000	$510,000	$140,249	$2,057,159
Assaf Ginzburg	Chief Financial Officer	$375,748	—	$445,000	$125,000	$249,600	$87,441	$1,282,789
Shimon Hatzir	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	Chief Executive Officer	$506,886	$70,000	—	—	$365,000	$132,801	$1,074,687
Assaf Ginzburg	Chief Financial Officer	$355,759	$29,000	—	—	$145,000	$88,659	$618,418
Shimon Hatzir	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	Chief Executive Officer	$437,474	—	$750,000	$750,000	$355,000	$113,289	$2,405,763
Isaac Angel	Former Chief Executive Officer	$635,507	—	—	—	$900,000	$307,234	$1,842,741
Assaf Ginzburg	Chief Financial Officer	$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	Chief Executive Officer	$611,067	—	—	—	$900,000	$149,620	$1,660,687
Doron Blachar	Chief Executive Officer	$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	Former Chief Executive Officer	$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	Chief Executive Officer	$373,424	—	—	—	$100,000	$100,348	$573,772

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Doron Blachar	Chief Financial Officer	$361,907	—	$606,372	$1,173,934	$215,000	$99,984	$2,457,197
Isaac Angel	Chief Executive Officer	$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	Executive Vice President, Product Segment and Operations	$227,346	—	$83,830	$162,334	$154,000	$79,877	$707,387

Executive changes

Person	Role	Change	Effective	Filed
Byron G. Wong	Director	Appointed	2024-05-08	2024-05-09
Stanley B. Stern	Director	Appointed	2024-05-08	2024-05-09
Dafna Sharir	Director	Appointed	2024-05-08	2024-05-09
Mike Nikkel	Director	Appointed	2024-05-08	2024-05-09
Karin Corfee	Director	Appointed	2024-05-08	2024-05-09
Michal Marom	Director	Appointed	2024-05-08	2024-05-09
David Granot	Director	Appointed	2024-05-08	2024-05-09
Ravit Barniv	Director	Appointed	2024-05-08	2024-05-09
Isaac Angel	Director	Appointed	2024-05-08	2024-05-09

Leadership

Doron Blachar CEO
Isaac Angel CEO, Board Member
Assaf Ginzburg CFO
Hezi Kattan General Counsel
Jessica Woelfel General Counsel
Byron G. Wong Board Member
Dafna Sharir Board Member
David Granot Board Member
Karin Corfee Board Member
Michal Marom Board Member
Mike Nikkel Board Member
Ravit Barniv Board Member
Stanley B. Stern Board Member

Key facts CIK 1296445 CUSIP 686688102 13F (30d) 46 filings 39 filers Visit website Investor relations