In 2023, Andy Marsh earned $2.18M in total compensation at Plug Power, including $750.00K salary and $1.42M in stock. Most recently sold 16,750 shares in Aug 2023. Currently holds stock worth $3.05M. Has led Plug Power for over 17 years.
Compensation History
Annual executive compensation data for Andy Marsh, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$2.18M
Salary
$750.00K
Bonus
$0.00
Other
$17.81K
Salary
$750.00KBoard Justification
The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with company performance and stockholder interests.
Bonus
$0.00Board Justification
No bonuses were earned or paid under the 2023 annual cash bonus program due to performance metrics not being met.
Other Compensation
$17.81KBoard Justification
Includes contributions to the 401(k) plan and life insurance premiums.
Restricted Stock
Board Justification
183,333 shares of restricted stock vested during the year, with a value realized of $1,417,164.
Performance Metrics
Revenue, EBITDAS, gross margin, and inventory metrics were used to determine compensation.
Andy Marsh
CEO of Plug Power
Education
N/A
Field of Expertise
Energy & Utilities - Energy
Sector of Economy
Industrials
Born
January 1, 1963 - 62 years ago
CEO of Plug Power for
17 years 7 months (Apr 2008 - Present)
Previous Experience
Various positions in management and leadership roles in energy and technology sectors
Other Plug Power CEOs
Holdings
Track Andy Marsh's stock holdings and portfolio value over time.
Total Stock Sold
$39.23M
$39.09M
5,140,388 PLUG shares
$133.27K
72,604 GEVO shares
What if they kept their stock?
If Andy Marsh didn't sell their stock, today they would have:
Extra PLUG5,140,388 shares worth $11.54M and GEVO72,604 shares worth $143.03K.
This is -70.22% and $27.54M less than what they got when they sold the stock.
Insider Trading
Andy Marsh's recent stock transactions, purchases, and sales filed with the SEC.
$23.08K
GEVO at $1.38/share
Aug 23, 2023
Sale
$21.52K
GEVO at $1.54/share
Jun 6, 2023
Sale
100,807 shares
GEVO
May 23, 2023
Received
$85.38K
GEVO at $2.04/share
Nov 21, 2022
Sale
27,353 shares
GEVO
Jun 3, 2022
Received
65,886 shares
GEVO
Aug 20, 2021
Received
$3.51M
PLUG at $12.96/share
Aug 19, 2020
Sale
$3.01M
PLUG at $13.90/share
Aug 19, 2020
Sale
Rivals
Compare Andy Marsh with competitor CEOs and industry peers.
Rick Wilmer
CEO of ChargePoint
2023 Compensation
Stock
$0.00
Salary
$625.00K
Bonus
$0.00
Other
$0.00
Total Holdings
$155.55K
C. Douglas McMillon
CEO of Walmart
2024 Compensation
Stock
$46.41M
Salary
$1.51M
Bonus
$0.00
Other
$381.90K
Total Holdings
$39.29M
Andrew R. Jassy
CEO of Amazon
2024 Compensation
Stock
$38.48M
Salary
$365.00K
Bonus
$0.00
Other
$1.23M
Total Holdings
$2.14M
KR Sridhar
Founder and CEO of Bloom Energy
2023 Compensation
Stock
$0.00
Salary
$820.00K
Bonus
$863.46K
Other
$26.70K
Total Holdings
$64.07M
Elon Musk
Founder and CEO of Tesla, Inc.
2024 Compensation
Stock
$0.00
Salary
$0.00
Bonus
$0.00
Other
$0.00
Total Holdings
$171.47B
Mary Powell
CEO of Sunrun
2022 Compensation
Stock
$720.02K
Salary
$800.00K
Bonus
$1.29M
Other
$10.68K
Total Holdings
$3.89M