Isaac Angel has been the CEO of Ormat Technologies since July 2014. Although his formal education details are not specified, he has a strong background in business. Under his leadership, Ormat has made notable strides, particularly in renewable energy and...
Isaac Angel has been the CEO of Ormat Technologies since July 2014. Although his formal education details are not specified, he has a strong background in business. Under his leadership, Ormat has made notable strides, particularly in renewable energy and geothermal power, helping the company to increase its visibility and importance in the industry. His compensation package reflects his performance-based approach, earning around $1.84 million in 2020 alone. A key part of his earnings is tied to bonuses based on the company's financial performance, emphasizing his drive for results. In 2017, his equity incentive compensation was valued at over $6.4 million, showcasing the company's commitment to aligning executive pay with performance. Interestingly, Isaac's compensation and stock options are subject to a six-month notice period for termination, which reflects a degree of job security. For insiders, his movements in the company's stock can be telling of his confidence in Ormat's future, though he has not been noted for significant trading activity publicly. Angel's ability to navigate Ormat through a competitive industry while focusing on sustainable solutions showcases his strategic thinking and business acumen.