People: Ormat Technologies Inc (ORA.N)
ORA.N on New York Stock Exchange
23.04USD
1:15pm EDT
23.04USD
1:15pm EDT
Price Change (% chg)
$-0.15 (-0.65%)
$-0.15 (-0.65%)
Prev Close
$23.19
$23.19
Open
$23.15
$23.15
Day's High
$23.15
$23.15
Day's Low
$22.90
$22.90
Volume
2,369
2,369
Avg. Vol
26,751
26,751
52-wk High
$25.71
$25.71
52-wk Low
$16.67
$16.67
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Gillon Beck |
51 | 2012 | Independent Chairman of the Board |
Yoram Bronicki |
46 | 2007 | President, Chief Operating Officer, Director |
Yehudit Bronicki |
71 | 2007 | Chief Executive Officer, Director |
Doron Blachar |
45 | 2013 | Chief Financial Officer |
Nadav Amir |
62 | 2009 | Executive Vice President - Operations |
Zvi Krieger |
57 | 2009 | Executive Vice President - Geothermal Resource |
Zvi Reiss |
62 | 2004 | Executive Vice President - Project Management |
Etty Rosner |
58 | 2007 | Senior Vice President - Contract Management, Corporate Secretary |
Shimon Hatzir |
51 | 2009 | Senior Vice President - Engineering |
Lucien Bronicki |
78 | 2012 | Chief Technology Officer |
Nir Wolf |
47 | 2010 | Vice President - Business Development, Marketing and Sales, Rest of the World |
Ami Boehm |
41 | 2012 | Independent Director |
Robert Clarke |
70 | 2007 | Independent Director |
Dan Falk |
68 | 2004 | Independent Director |
David Granot |
66 | 2012 | Independent Director |
Robert Joyal |
68 | 2012 | Independent Director |
Biographies
| Name | Description |
|---|---|
Gillon Beck |
Mr. Gillon Beck is Independent Chairman of the Board of Ormat Technologies Inc. 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. |
Yoram Bronicki |
Mr. Yoram Bronicki is President, Chief Operating Officer, Director of Ormat Technologies Inc. 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. |
Yehudit Bronicki |
Mrs. Yehudit Bronicki is Chief Executive Officer, Director of Ormat Technologies Inc. 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. |
Doron Blachar |
Mr. Doron Blachar has been appointed as the 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. |
Nadav Amir |
Mr. Nadav Amir is Executive Vice President - Operations of Ormat Technologies Inc. From July 1, 2004 to November 3, 2009, Mr. Amir was the Executive Vice President of Engineering; from 2001 to June 30, 2004, he was Executive Vice President of Engineering of Ormat Industries; from 1993 to 2001, he was Vice President of Engineering of Ormat Industries Ltd.; from 1988 to 1993, he was Manager of Engineering of Ormat Industries Ltd.; from 1984 to 1988, he was Manager of Product Engineering of Ormat Industries Ltd.; and from 1983 to 1984, he was Manager of Research and Development of Ormat Industries. Mr. Amir obtained a Bachelor of Science in Aeronautical Engineering from the Technion — Israel Institute of Technology in 1972. |
Zvi Krieger |
Mr. Zvi Krieger is Executive Vice President - Geothermal Resource of Ormat Technologies Inc. He has served as Executive Vice President of Geothermal Resource since November 4, 2009; from September 20, 2007 to November 3, 2009, Mr. Krieger was Senior Vice President of Geothermal Engineering; from July 1, 2004 to September 20, 2007, he was 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 in Mechanical Engineering from the Technion – Israel Institute of Technology in 1980. |
Zvi Reiss |
Mr. Zvi Reiss is Executive Vice President - Project Management of Ormat Technologies Inc. From 2001 to June 30, 2004, Mr. Reiss was the Executive Vice President of Project Management of Ormat Industries Ltd.; from 1995 to 2000, he was Vice President of Project Management of Ormat Industries Ltd. and, from 1993 to 1994, he was Director of Projects of Ormat Industries Ltd. Mr. Reiss obtained a Bachelor of Science in Mechanical Engineering from Ben Gurion University in 1975. |
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. |
Shimon Hatzir |
Mr. Shimon Hatzir is 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. |
Lucien Bronicki |
Mr. Lucien Yehuda Bronicki is Chief Technology Officer of Ormat Technologies Inc. Mr. Bronicki co-founded Ormat Turbines Ltd. in 1965 and is a member of the Board of Directors of Ormat Industries Ltd., the publicly-traded successor to Ormat Turbines Ltd. Mr. Bronicki served as the Chairman of the Board of Directors of the Company until May 22, 2012, and served as the Chairman of the Board of Directors of Ormat Industries Ltd. and several of its subsidiaries until September 15, 2011. From 1992 to May 2006, Mr. Bronicki was the Chairman of the Board of Directors of Bet Shemesh Engines, a manufacturer of jet engines, and from 1997 to May 2006, Mr. Bronicki was the Chairman of the Board of Directors of Bet Shemesh Holdings. Mr. Bronicki was also the Chairman of the Board of Directors of Orad Hi-Tec Systems Ltd., a manufacturer of image processing systems, until the end of 2005, and was the Co-Chairman of Orbotech Ltd., a NASDAQ-listed manufacturer of equipment for inspecting and imaging circuit boards and display panels. From 1957 until 1958, Mr. Bronicki worked in the Nuclear Research Center in Saclay (France) designing equipment for elementary particle research at CERN. He went on to join the National Physical Laboratory of Israel and develop solar-powered turbines, which evolved into geothermal power plants. Mr. Bronicki has worked in the power industry since 1958. He is a member of the Executive Council of the Weizmann Institute of Science and was the Chairman of the Israeli Committee of the World Energy Council. Mr. Bronicki obtained a postgraduate degree in Nuclear Engineering from Conservatoire National des Arts et Métiers, a Master of Science in Physics from Universite de Paris and a Master of Science in Mechanical Engineering from École Nationale Supérieure d’Ingenieurs Arts et Métiers. He received a Ph.D. Honoris Causa in 2005 from the Ben-Gurion University, in 2006 from the Weizmann Institute of Science, and in 2007 from the Technion — Israel Institute of Technology. |
Nir Wolf |
Mr. Nir Wolf is 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. |
Ami Boehm |
Mr. Ami Boehm is 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 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 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 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 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 |
|---|---|
Gillon Beck |
-- |
Yoram Bronicki |
246,472 |
Yehudit Bronicki |
212,025 |
Doron Blachar |
-- |
Nadav Amir |
516,841 |
Zvi Krieger |
-- |
Zvi Reiss |
504,334 |
Etty Rosner |
-- |
Shimon Hatzir |
442,726 |
Lucien Bronicki |
173,230 |
Nir Wolf |
-- |
Ami Boehm |
-- |
Robert Clarke |
-- |
Dan Falk |
-- |
David Granot |
-- |
Robert Joyal |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Gillon Beck |
0 | 0 |
Yoram Bronicki |
0 | 0 |
Yehudit Bronicki |
0 | 0 |
Doron Blachar |
0 | 0 |
Nadav Amir |
16,500 | 206,360 |
Zvi Krieger |
0 | 0 |
Zvi Reiss |
0 | 0 |
Etty Rosner |
0 | 0 |
Shimon Hatzir |
0 | 0 |
Lucien Bronicki |
0 | 0 |
Nir Wolf |
0 | 0 |
Ami Boehm |
0 | 0 |
Robert Clarke |
0 | 0 |
Dan Falk |
0 | 0 |
David Granot |
0 | 0 |
Robert Joyal |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
WAGENER DAVID |
600 | $16.11 |

