Sundar PichaiSundar Pichai earned $164M in 2023

Badar Khan is the Chief Executive Officer of EVgo, Inc., a leading fast charging network for electric vehicles. Before joining EVgo in November 2023, he held executive positions at National Grid, a major utility company, where he oversaw operations that...

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Badar Khan

CEO of EVgo, Inc.

Education

Degree in Engineering from Brunel University and an MBA from the Wharton School.

Field of Expertise

Energy & Utilities - Energy

Sector of Economy

Consumer Cyclical

Born

January 1, 1971 - 54 years ago

CEO of EVgo, Inc. for

1 year 6 months (Nov 2023 - Present)

Previous Experience

President at National Grid US, Chief Executive Officer of Direct Energy, various roles in the energy sector.

Rivals

Competitors/colleagues of Badar Khan

Holdings

See how much did Badar Khan make over time.

As CEO, Badar Khan has shown a commitment to EVgo that’s apparent from his holdings in the company's stock. Since joining in November 2023, his stock holdings have experienced notable fluctuations. Between May 2023 and April 2024, he saw his...

Total Stock Sold

$841.96K

EVGO

$841.96K

166,725 EVGO shares

What if they kept their stock?

If Badar Khan didn't sell their stock, today they would have:
Extra EVGO166,725 shares worth $2.52M.
This is 199.01% and $1.68M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Badar Khan.

EVGO

$856.23K

EVGO at $5.14/share

Nov 13, 2024

Sale

EVGO

$250.75K

EVGO at $2.01/share

May 13, 2024

Purchase

Compensation History

See how much did Badar Khan make over time.

In 2023, Badar Khan's total compensation as CEO was around $4.34 million. His base salary accounted for $79,327 for the time he worked during the year, as he joined the company in November. A big chunk of his pay comes from stock awards that are designed to align his interests with the long-term performance of EVgo, with a notable one-time equity grant of $6 million set up when he became CEO. This includes both time-based and performance-based units that set clear goals for EVgo's stock price. His compensation reflects his significant role in guiding EVgo through the growing EV charging market.

Year

2023

Total Compensation

$268.15K

Salary

$79.33K

Board Justification

EVgo's compensation philosophy is designed to align compensation with business objectives, enabling the attraction and retention of individuals who contribute to long-term success.

Bonus

$0.00

Board Justification

Mr. Khan's bonus eligibility was pro-rated for his partial year of employment in 2023, based on individual and business performance metrics.

Other

$188.83K

Board Justification

This includes fees for his service as a board member prior to becoming CEO, an RSU award related to his board service, and life insurance premiums.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2023 as the stock grants were made after his appointment as CEO in November 2023.

Performance Metrics

The performance metrics for determining Mr. Khan's compensation included individual and business milestones, with a focus on achieving key performance indicators.

Other EVgo, Inc. CEOs

Here are other CEOs of EVgo, Inc.