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Top 10 World's Best Paid Management Boards of Stock Listed Solar PV Companies in 2011

 

The table below shows the Top 10 of the best paid management boards of stock listed solar PV companies. The Top 10 is based on the aggregate cash compensation which include salary, bonuses, Non-Equity Incentive Plan compensation and other compensations. Stock and award options aren't included in the aggregate compensation that is used.

 

All data was retrieved from annual reports and definitive proxy statements of all the companies.

 



Company Name Average Compensation 2011 (USD) Amount of Officers 2011

Aggregate Compensation 2011 (USD)

1.  GCL-Poly Energy Holdings
   1,352,823.30       8    10,822,587.97
2.  Sunpower    1,024,370.50       6     6,146,223.00
3.  First Solar
      731,380.00       8     5,851,040.00
4.  Solarworld AG
      662,601.84       5     3,313,009.27
5.  REC       643,055.08       7     4,501,385.67
6.  Power-One       540,565.00       5
    2,702,825.00
7.  SMA       466,872.64       7     3,268,108.53
8.  Conergy       465,802.23       3     1,397,406.74
9.  LDK Solar
      418,480.09     11     4,603,281.00
10.  Suntech       383,333.33     12     4,600,000.00



*This Table was first published on 26 June 2012.

Please scroll down or click here for the Top 20 Best Paid Management Boards list. Companies that have recommendations are invited to contact us .

 


 

1. GCL-Poly Energy Holdings

Siliken

 

Average Compensation 2011 (USD): $ 1,352,823.30

Average Compensation 2010 (USD): $    632,098.33

 

Amount of Officers 2011: 8

Amount of Officers 2010: 8

 

Aggregate Compensation 2011 (HKD): 83,984,000.00

Aggregate Compensation 2010 (HKD): 39,241,000.00


Aggregate Compensation 2011 (USD): $ 10,822,587.97

Aggregate Compensation 2010 (USD): $   5,056,786.70

Annual Report / Definitive Proxy Statement 2011

Annual Report / Definitive Proxy Statement 2010

 

(1 HKD = 0,13 USD / 16-06-2012)

 


 

 2.  Sunpower

Siliken

 

Average Compensation 2011 (USD): $ 1,024,370.50

Average Compensation 2010 (USD): $   990,504.40

 

Amount of Officers 2011: 6

Amount of Officers 2010: 5

 

Aggregate Compensation 2011 (USD): $ 6,146,223.00

Aggregate Compensation 2010 (USD): $ 4,952,522.00

 

Annual Report / Definitive Proxy Statement 2011

Annual Report / Definitive Proxy Statement 2010

 


 

3.  First Solar

Siliken

 

Average Compensation 2011 (USD): $   731,380.00

Average Compensation 2010 (USD): $ 1,784,629.20


Amount of Officers 2011: 8

Amount of Officers 2010: 5


Aggregate Compensation 2011 (USD): $ 5,851,040.00

Aggregate Compensation 2010 (USD): $ 8,923,146.00

 

Annual Report / Definitive Proxy Statement 2011

Annual Report / Definitive Proxy Statement 2010



 

4. Solarworld AG

Siliken

 

Average Compensation 2011  (USD): 662,601.84

Average Compensation 2010  (USD): 935,400.10


Amount of Officers 2011: 5

Amount of Officers 2010: 4


Aggregate Compensation 2011  (Euro): 2,652,955.12

Aggregate Compensation 2010  (Euro): 2,996,157.62

 

Aggregate Compensation 2011  (USD): 3,313,009.27

Aggregate Compensation 2010  (USD): 3,741,600.41

 

Annual Report / Definitive Proxy Statement 2011

Annual Report / Definitive Proxy Statement 2010

 

(1 Euro = 1,25 USD / 26-06-2012)

 


 

5. REC

Siliken

 

Average Compensation 2011 (USD): $ 643,055.08

Average Compensation 2010 (USD): $ 598,387.50

 

Amount of Officers 2011:  7

Amount of Officers 2010: 11

 

Aggregate Compensation 2011 (NOK): 27,027,046.00

Aggregate Compensation 2010 (NOK): 39,520,967.00


Aggregate Compensation 2011 (USD): $ 4,501,385.67

Aggregate Compensation 2010 (USD): $ 6,582,262.61


Annual Report / Definitive Proxy Statement 2011

Annual Report / Definitive Proxy Statement 2010

 

(1 NOK = 0,17 USD / 26-06-2012)

 


 

6. Power-One

Siliken

 

Average Compensation 2011 (USD): $    540,565.00

Average Compensation 2010 (USD): $ 1,032,153.10


Amount of Officers 2011: 5

Amount of Officers 2010: 6


Aggregate Compensation 2011 (USD): $ 2,702,825.00

Aggregate Compensation 2010 (USD): $ 6,192,919.00


Annual Report / Definitive Proxy Statement 2011

Annual Report / Definitive Proxy Statement 2010

 


 

7. SMA

Siliken

 

Average Compensation 2011 (USD): $ 466,872.64

Average Compensation 2010 (USD): $ 769,884.92


Amount of Officers 2011: 7

Amount of Officers 2010: 4


Aggregate Compensation 2011 (Euro): 2,617,000.00

Aggregate Compensation 2010 (Euro): 2,466,000.00


Aggregate Compensation 2011 (USD): $ 3,268,108.53

Aggregate Compensation 2010 (USD): $ 3,079,539.79

Annual Report / Definitive Proxy Statement 2011

Annual Report / Definitive Proxy Statement 2010

 

(1 Euro = 1,25 USD / 26-06-2012)

 


 

8. Conergy

Siliken

 

Average Compensation 2011 (USD): $ 465,802.23

Average Compensation 2010 (USD): $ 821,501.98


Amount of Officers 2011: 3

Amount of Officers 2010: 6


Aggregate Compensation 2011 (Euro): 1,119,000.00

Aggregate Compensation 2010 (Euro): 3,947,000.00


Aggregate Compensation 2011 (USD): $ 1,397,406.74

Aggregate Compensation 2010 (USD): $ 4,929,011.99


Annual Report / Definitive Proxy Statement 2011

Annual Report / Definitive Proxy Statement 2010

 

(1 Euro = 1,25 USD / 26-06-2012)

 


 

9. LDK Solar

Siliken

 

Average Compensation 2011 (USD): $ 418,480.09

Average Compensation 2010 (USD): $ 481,161.83


Amount of Officers 2011: 11  

Amount of Officers 2010: 12


Aggregate Compensation 2011 (USD): $ 4,603,281.00

Aggregate Compensation 2010 (USD): $ 5,773,942.00


Annual Report / Definitive Proxy Statement 2011

Annual Report / Definitive Proxy Statement 2010

 


 

10. Suntech

Siliken

 

Average Compensation 2011 (USD): $ 383,333.33

Average Compensation 2010 (USD): $ 187,500.00


Amount of Officers 2011: 12

Amount of Officers 2010: 16


Aggregate Compensation 2011 (USD): $ 4,600,000.00

Aggregate Compensation 2010 (USD): $ 3,000,000.00

Annual Report / Definitive Proxy Statement 2011

Annual Report / Definitive Proxy Statement 2010

 


 

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