GE Vernova management check
GEV · Industrials · Heavy Electrical Equipment · CEO Scott Strazik
Filings as of
4 good · 2 to watch · 0 flagged, across the seven questions below.
- Good
Have owners done well?
Beat its chosen peers$100 invested at the start of fiscal 2024 grew to $468, against $128 for the peer group the company picked itself.
- n/a
Does pay follow performance?
Not enough dataToo few years of pay and return figures to compare.
- Good
What does the CEO cost owners?
0.4% of net income$18.0m of reported pay in fiscal 2025, against $4.9bn of net income.
- Watch
Do they own the stock?
CEO stake ≈ 10 years of payThe CEO holds 164,269 shares, directly or through trusts (unvested awards not counted): about 10 years of pay. 2 insiders sold $7.0m in the last six months and none bought.
- Watch
Are owners being diluted?
Share count growingDiluted shares changed +0.4% a year over the last three fiscal years. Stock-based pay was 0.7% of revenue in the latest year.
- Good
Is leadership stable?
5 leadership filings in 3 yearsCEO in the pay table: Scott Strazik. 5 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.
- Good
Are the books clean?
No red flags on fileNo restatements, auditor changes or late filings since 2023.
Against the S&P 500
Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Industrials.
| Check | Score | At or above | Sector median |
|---|---|---|---|
| Owner returns | 100 | 55 | |
| Pay for performance | — | — | 86 |
| CEO cost | 86 | 48 | |
| Skin in the game | 65 | 55 | |
| Dilution | 45 | 62 | |
| Stable leadership | 100 | 75 | |
| Clean books | 100 | 100 |
Closest peers
Others in Heavy Electrical Equipment, by management score. GE Vernova is 5th of 81 in its sector.
Pay versus performance
From the proxy statement filed April 3, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.
| Fiscal year | CEO | CEO pay | Actually paid | Other executives (avg) | $100 became | Peers | Net income |
|---|---|---|---|---|---|---|---|
| 2025 | Scott Strazik | $18.0m | $119.3m | $7.5m | $468 | $128 | $4.9bn |
| 2024 | Scott Strazik | $24.3m | $93.7m | $8.4m | $235 | $107 | $1.6bn |
The board says pay is tied most to Adjusted EBITDA is. Its other key measures: Adjusted EBITDA**, Free Cash Flow**, Organic Revenue** Growth.
Insiders and the CEO's stake
Scott Strazik (CEO & President) held 164,269 shares directly after their latest Form 4 on Apr 27, 2026, roughly $183.3m at that filing's price.
2 insiders sold $7.0m in the last six months and none bought.
- SoldVictor AbateChief Executive Officer, Wind$4.6mJun 1, 2026
- SoldMatthew Joseph PotvinChief Accounting Officer$2.5mMay 14, 2026
Leadership and governance on file
- Aug 27, 2026Leadership change8-K 5.02
- Jan 21, 2026Leadership change8-K 5.02
- Sep 10, 2024Leadership change8-K 5.02
- May 17, 2024Leadership change8-K 5.02
- Apr 2, 2024Leadership change8-K 5.02
Latest shareholder vote results: May 22, 2026, including the say-on-pay vote.
Where the money went
Over 2021–2025: $3.6bn returned to owners in buybacks and dividends, 111% of net income, and $412.0m of pay in stock.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | — | $29.7bn | $33.2bn | $34.9bn | $38.1bn |
| Net income | — | −$2.7bn | −$438.0m | $1.6bn | $4.9bn |
| Stock-based pay | — | — | — | $155.0m | $257.0m |
| Buybacks | — | — | $0 | $43.0m | $3.3bn |
| Dividends | — | — | $0 | $0 | $275.0m |
| Diluted shares | — | 274m | 274m | 278m | 276m |
Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.