People: Ormat Technologies Inc (ORA)

ORA on New York Consolidated

34.56USD
1 Sep 2015
Change (% chg)

$-0.64 (-1.82%)
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Summary

Name Age Since Current Position

Yoram Bronicki

48 2014 Chairman of the Board

Isaac Angel

58 2014 Chief Executive Officer

Doron Blachar

47 2013 Chief Financial Officer

Bob Sullivan

52 2015 Executive Vice President of Sales and Marketing and Business Development

Shlomi Argas

49 2014 Executive Vice President - Projects

Shimon Hatzir

53 2014 Executive Vice President - Engineering

Erez Klein

48 2014 Executive Vice President - Production

Zvi Krieger

59 2014 Executive Vice President - Electricity Segment

Etty Rosner

60 2007 Senior Vice President - Contract Management, Corporate Secretary

Nir Wolf

49 2014 Vice President - Market Development

Yehudit Bronicki

73 2014 Director

Gillon Beck

53 2014 Independent Director

Ami Boehm

43 2012 Independent Director

Robert Clarke

72 2007 Independent Director

Dan Falk

70 2004 Independent Director

David Granot

68 2012 Independent Director

Robert Joyal

70 2012 Independent Director

Biographies

Name Description

Yoram Bronicki

Mr. Yoram Bronicki is Chairman of the Board of Ormat Technologies Inc., effective June 30, 2014. He has been a member of the Board of Directors since November 12, 2004, and has been President and Chief Operating Officer since September 20, 2007. From July 1, 2004 to September 20, 2007, Mr. Bronicki was Chief Operating Officer, North America. Mr. Bronicki was also a member of the Board of Directors of Ormat Industries Ltd. from 2001 to May 2012. From 1999 to 2001, Mr. Bronicki was Project Manager of Ormat Industries Ltd. and Ormat International Inc.; from 1996 to 1999, he was Project Manager of Ormat Industries Ltd.; and from 1995 to 1996, he was Project Engineer of Ormat Industries Ltd. Mr. Bronicki obtained a Bachelor of Science in Mechanical Engineering from Tel Aviv University in 1989 and a Certificate from the Technion Institute of Management Senior Executives Program.

Isaac Angel

Mr. Isaac Angel is Chief Executive Officer of the Company effective July 1, 2014. He spent 27 years in various positions at Lipman Electronic Engineering Ltd., including as its President and CEO, from February 1999 to November 2006, when it was acquired by VeriFone Holdings Inc. During his years with Lipman which began in 1979, Mr. Angel rose through the ranks holding positions focused on Research & Development and Sales & Marketing. He also led Lipman through a successful IPO and later on a secondary offering in NASDAQ. After the acquisition by VeriFone, he served as Executive Vice President, Global Operations of VeriFone from 2006 to 2008. From 2008 to 2009, Mr. Angel served as Executive Chairman of LeadCom Integrated Solutions Ltd. Mr. Angel is a director of Frutarom Industries Ltd. since 2008 and served as a director for Retalix Ltd. from 2012 until it was acquired in 2013. In recent years Mr. Angel has also been active making personal investments and supporting a wide variety of philanthropic endeavors.

Doron Blachar

Mr. Doron Blachar is Chief Financial Officer of Ormat Technologies, Inc., effective April 2, 2013. He holds a B.A. degree in Accounting and Economics and an M.B.A. degree from Tel Aviv University and is a Certified Public Accountant in Israel. He has 20 years of experience as a finance professional with public companies across multiple industries. From March 2009 to present, he has been serving as the CFO of Shikun & Binui Ltd. From 2005 to 2009, he served as the Vice President – Finance of Teva Pharmaceutical Industries Ltd. Prior thereto, from 1998 to 2005, he served in a number of positions at Amdocs Limited, including as Vice President – Finance from 2002 to 2005.

Bob Sullivan

Mr. Bob Sullivan is the Executive Vice President of Sales, Marketing and Business Development of the Company. From April 2009 through 2015, Mr. Sullivan served as our Vice President and then Senior Vice President of Business Development responsible for policy, marketing, sales, and project development in North America. From June 2007 to April 2009, Mr. Sullivan served as Project Manager. From 2006 until 2007 Mr. Sullivan served as Operations Director North America. Mr. Sullivan joined us in December 2003 as Plant Manager. He is a graduate of the US Navy’s Nuclear Power School and has a Bachelor of Science in Business from Capella University.

Shlomi Argas

Shlomi Argas is the Executive Vice President - Projects of the Company. He has been with Ormat for 20 years. He has served as Executive Vice President of Projects and has been a member of the management team since July 2014. From 2009, Mr. Argas has been responsible for management of geothermal projects, Recovered Energy Generation (REG) projects and, since July 2014, management of Geodrill's, our drilling company. From 2006 through 2009, Mr. Argas served as Manager of REG Projects Department, responsible for the design and installation of REG plants. From 1994 to 2006, Mr. Argas served as Product Engineer, Product Engineering Department. Mr Argas obtained a Bachelor of Science in Mechanical Engineering from Ben-Gurion University in 1992 and a Certificate from the Technology Institute of Management, Executive Management Program.

Shimon Hatzir

Mr. Shimon Hatzir is Vice President - Electrical and Conceptual Engineering of Ormat Technologies Inc. He was the Senior Vice President - Engineering of Ormat Technologies Inc. From September 20, 2007 to November 3, 2009, Mr. Hatzir was Senior Vice President of Electrical and Conceptual Engineering; from July 1, 2004 to September 20, 2007, he was Vice President of Electrical and Conceptual Engineering; from 2002 to June 30, 2004, he was the Vice President of Electrical and Conceptual Engineering of Ormat Industries Ltd; from 1996 to 2001, he was Manager of Electrical and Conceptual Engineering of Ormat Industries Ltd.; and from 1989 to 1995, he was a Project Engineer in the Engineering Division. Mr. Hatzir obtained a Bachelor of Science in Mechanical Engineering from Tel Aviv University in 1988 and a Certificate of the Technology Institute of Management, Senior Executive Program.

Erez Klein

Mr. Erez Klein is Executive Vice President of Production of the Company. He has served as Vice President of OSL operation from 2012 until June 2014, responsible for global purchasing and manufacturing, and has been a member of the management team since July 2014. From 2011 to 2012, Mr. Klein was Vice President of mechanical engineering, and from 2009 to 2011 he served as mechanical engineering director. From 2007 to 2009, Mr. Klein served as manager of our Product Engineering Department, and from 1994 to 2007 he served as Product Engineer, Product Engineering Department, and was responsible for the design of various projects. Mr. Klein obtained a Bachelor of Science in Mechanical Engineering from Tel-Aviv University in 1994 and a Certificate from the Technology Institute of Management, Executive Management Program and Stanford Executive Program.

Zvi Krieger

Mr. Zvi Krieger is Executive Vice President - Electricity Segment of Ormat Technologies Inc. He has served as our Executive Vice President of Geothermal Resource since November 4, 2009. From September 20, 2007 to November 4, 2009, Mr. Krieger was our Senior Vice President of Geothermal Engineering; from July 1, 2004 to September 20, 2007, he was our Vice President of Geothermal Engineering; and from 2001 to June 30, 2004, he was the Vice President of Geothermal Engineering of Ormat Industries Ltd. Mr. Krieger has been with Ormat Industries Ltd. since 1981 and served as Application Engineer, Manager of System Engineering, Director of New Technologies Business Development and Vice President of Geothermal Engineering. Mr. Krieger obtained a Bachelor of Science degree in Mechanical Engineering.

Etty Rosner

Ms. Etty Rosner is Senior Vice President - Contract Management, Corporate Secretary of Ormat Technologies Inc. Ms. Rosner is also the Corporate Secretary of Ormat Industries Ltd., a position she has held since 1991. Ms. Rosner is also Senior Vice President of Contract Management since September 20, 2007; from July 1, 2004 to September 20, 2007, Ms. Rosner was Vice President of Contract Management; from 1999 to June 30, 2004, she was the Vice President of Contract Management of Ormat Industries Ltd; from 1991 to 1999, she was Contract Administration Manager and Corporate Secretary of Ormat Industries; and from 1981 to 1991, she was the Manager of the Export Department and Office Administrative Manager of Ormat Industries. Ms. Rosner obtained a Diploma in General Management from Tel Aviv University in 1990.

Nir Wolf

Mr. Nir Wolf is Vice President - Market Development of Ormat Technologies Inc. Mr. Nir Wolf was Vice President - Business Development, Marketing and Sales, Rest of the World of Ormat Technologies Inc. From December 2005 to December 31, 2009, Mr. Wolf served as the Vice President, Distributed Power responsible for the marketing, sales, engineering and after sales activities of the remote power units. From December 1999 to December 2005, Mr. Wolf had a position as Business Development Manager in the Marketing and Sales Department. Starting January 14, 1994, he was positioned in the Project Management Department as a Budget and Schedule Controller and later on as a Project Manager. Mr. Wolf obtained a Bachelor of Science in Industrial Engineering, cum laude from the Technion — Israel Institute of Technology in 1991. In 1995, Mr. Wolf obtained a Master of Business Administration from the Bar Ilan University. Mr. Wolf participated in the Technion Institute of Management Senior Executive Program.

Yehudit Bronicki

Mrs. Yehudit Bronicki is Director of Ormat Technologies Inc., effective June 30, 2014. Yehudit Bronicki has been the company Chief Executive Officer since July 1, 2004, and is also a member of the company Board of Directors. From July 1, 2004 to September 20, 2007, Mrs. Bronicki also served as the company President. Mrs. Bronicki was a co-founder of Ormat Turbines Ltd. and is a member of the Board of Directors and the General Manager (a CEO-equivalent position) of Ormat Industries Ltd., the publicly-traded successor to Ormat Turbines Ltd., and several of its subsidiaries. From 1992 to June 2005, Mrs. Bronicki was a director of Bet Shemesh Engines, a manufacturer of jet engines. In addition, since 2000 Mrs. Bronicki has been a member of the Board of Orbotech Ltd., a NASDAQ-listed manufacturer of equipment for inspecting and imaging circuit boards and display panels. From 1994 to 2001, Mrs. Bronicki was on the Advisory Board of the Bank of Israel. Mrs. Bronicki has worked in the power industry since 1965. Yehudit Bronicki and Lucien Bronicki are married and are the parents of Yoram Bronicki. Mrs. Bronicki obtained a Bachelor of Arts in Social Sciences from Hebrew University in 1965. In 2007, she received a PhD. Honoris Causa from the Technion – Israel Institute of Technology.

Gillon Beck

Mr. Gillon Beck is an Independent Director of Ormat Technologies Inc., effective June 30, 2014. Since 2003, Mr. Beck has been a Senior Partner at FIMI Opportunity Funds, as well as a Director of the FIMI Opportunity Funds’ General Partners and SPV companies. In addition, Mr. Beck currently serves as Chairman of the Board of Ham-Let (Israel-Canada) Ltd., a company publicly-traded on the Tel Aviv Stock Exchange, and of Inrom Industries, Ltd. and H.R. Givon Ltd., both of which are private companies. He also serves as a member of the Board of Directors of Nirlat Paints, Ltd., Ytong Industries, Ltd., and Alony Ltd., companies which had been public companies but which have since become non-public companies. During the past five years, Mr. Beck formerly served as a member of the Board of Directors of the following public companies: Medtechnica, Ltd., Merhav Ceramic and Building Materials Center, Ltd., Retalix Ltd., Gamatronic Electronic Industries, Ltd., and Orian C.M. Ltd., Tedea, Ltd. From 1999 to 2003, Mr. Beck served as Chief Executive Officer and President of Arad Ltd., a publicly-traded water measurement and automatic meter reading company, and from 1995 to 1999, he served as Chief Operating Officer of Arad Ltd. Mr. Beck received a Bachelor of Science degree in Industrial Engineering in 1990 from the Technion — Israel Institute of Technology, and a Masters of Business Administration in Finance in 1992 from Bar-Ilan University.

Ami Boehm

Mr. Ami Boehm is an Independent Director of Ormat Technologies Inc. Since 2004, Mr. Boehm has been a Partner at FIMI Opportunity Funds, as well as Managing Partner and CEO of FITE GP (2004). In addition, Mr. Boehm currently serves as a member of the Board of Directors of Gilat Satellite Networks Ltd., a NASDAQ publicly-traded company, and of the following non-U.S. public companies: Scope Metal Trading, Ltd., Ham-Let (Israel Canada Ltd., and Inter Industries, Ltd. He also serves as a member of the Board of Directors of Inter-Electric, Ltd., a private company. During the past five years, Mr. Boehm formerly served as a member of the Board of Directors of the following non-U.S. public companies: Global Wire Ltd. and Telkoor Telecom Ltd. From 1999 to 2004, Mr. Boehm served as Head of Research at Discount Capital Markets, the investment arm of Israel Discount Bank, and from 1998 to 1999, he worked in the Office of the Attorney General in the Israeli Ministry of Justice. Mr. Boehm received a Bachelor of Law degree in 1997 from Tel Aviv University, a Bachelor of Arts degree in Economics in 1998 from Tel Aviv University, and a Masters of Business Administration in Finance in 2004 jointly from Northwestern University’s Kellogg School of Business and Tel Aviv University.

Robert Clarke

Mr. Robert F. Clarke is an Independent Director of Ormat Technologies Inc. Mr. Clarke was Chairman (since September 1998) and President and Chief Executive Officer (since January 1991) of Hawaiian Electric Industries, Inc. (HEI), from which he retired effective May 2006. Since June 1, 2006, Mr. Clarke has been Executive in Residence at the Shidler College of Business at the University of Hawaii. In addition, Mr. Clarke serves as an advisory director to Oceanic Cable Hawaii, and as a member of the advisory boards of the Shidler College of Business at the University of Hawaii, Sennet Capital, and Aina Koa Pono, a Hawaii based privately held company exploring renewable energy projects in converting biomass into fuels. Mr. Clarke joined HEI in February 1987 as Vice President of Strategic Planning and was in charge of implementing the Company's diversification strategy. Mr. Clarke was named HEI Group Vice President - Diversified Companies in May 1988. He was made a director of HEI in 1989. Prior to joining HEI, Mr. Clarke served as Senior Vice President and Chief Financial Officer of Alexander & Baldwin and as Controller of Dillingham Corporation. Prior to that, he worked for the Ford Motor Company and for the Singer Company. He received his Bachelor's degree in economics in 1965 and his Master's degree in finance in 1966 from the University of California at Berkeley. Honors include Phi Beta Kappa in 1965.

Dan Falk

Mr. Dan Michael Falk is an Independent Director of Ormat Technologies Inc. Mr. Falk also serves as the Chairman of the Board of Directors of Orad Hi-Tech Systems Ltd., a public non-U.S. company. He is also a member of the Board of Directors of Orbotech Ltd., Nice Systems Ltd., Attunity Ltd., and Nova Measuring Instruments Ltd., all NASDAQ publicly-traded companies. In addition, Mr. Falk serves as a member of the Board of Directors of the following public non-US companies: Amiad Water Systems Ltd., Plastopil Ltd., and Oridion Medical Ltd. During the past five years, Mr. Falk served as a member of the Board of Directors of the following public companies, for which he no longer serves as a Director: AVT Ltd., Clicksoftware Technologies Ltd., Dmatek Ltd., Jacada Ltd., Poalim Ventures I Ltd., Medcon Ltd., and Ramdor Ltd. From 2001 to 2004, Mr. Falk was a business consultant to several public and private companies. From 1999 to 2000, Mr. Falk was Chief Operating Officer and Chief Executive Officer of Sapiens International N.V. From 1995 to 1999, Mr. Falk was an Executive Vice President of Orbotech Ltd. From 1985 to 1995, Mr. Falk was Vice President of Finance and Chief Financial Officer of Orbot Systems Ltd. and Orbotech Ltd. Mr. Falk obtained a Masters of Business Administration from Hebrew University in 1972 and a Bachelor of Arts in Economics and Political Science from Hebrew University in 1968.

David Granot

Mr. David Granot is an Independent Director of Ormat Technologies Inc. Since 2007, Mr. Granot has served as Chairman of Scorpio Real Estate, a non-U.S. public company. In addition, he is a member of the Board of the following non-U.S. public companies: Harel Insurance Investments and Financial Services Ltd.; Alrov Israel; and Ham-let, a member of the IDB Group. He also serves on the Board of the following private companies: BSG Capital Markets Ltd., the holding company of the financial assets of the BSG Group, and G.D. Goren Management and Consultation Ltd. During the past five years, Mr. Granot served as a member of the Board of Directors of the following non-U.S. public companies, for which he no longer serves as a Director: Tempo Beverages Ltd. and Bateman Litwin N.V. From 2001 through 2007, Mr. Granot served as the CEO of the First International Bank of Israel Ltd. He earned a BA in Economics and a MBA from the Hebrew University in Jerusalem.

Robert Joyal

Mr. Robert E. Joyal is an Independent Director of Ormat Technologies Inc. Since 2006, Mr. Joyal has served as a Director of Jefferies Group, Inc., a public company. Since 2003, Mr. Joyal has served as a member of the Board of Trustees of the following investment funds: MassMutual Funds, Babson Capital Corporate Investors, and Babson Capital Participation Investors. Mr. Joyal also serves as a Director of FIMI 2001 Ltd. and FITE 2004 Ltd., and is a member of the investment committee of various funds sponsored by FIMI. He has also been a director of Kimco Insurance Company since 2007, and a member of the Board of Trustees of First Israel Mezzanine Investors since 2003. During the past five years, Mr. Joyal served as a member of the Board of Directors of the following public companies, for which he no longer serves as a Director: Alabama Aircraft Industries Inc. and Scottish Re Group Ltd. Mr. Joyal is a Chartered Financial Analyst. He earned a BA from St. Michael’s College and a MBA from Western New England College.

Basic Compensation

Name Fiscal Year Total

Yoram Bronicki

575,877

Isaac Angel

4,554,050

Doron Blachar

705,095

Bob Sullivan

--

Shlomi Argas

--

Shimon Hatzir

325,234

Erez Klein

--

Zvi Krieger

379,462

Etty Rosner

--

Nir Wolf

368,072

Yehudit Bronicki

401,820

Gillon Beck

--

Ami Boehm

--

Robert Clarke

--

Dan Falk

--

David Granot

--

Robert Joyal

--
As Of  30 Dec 2014
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