Catherine Zoi took charge as the CEO of EVgo, Inc., a key player in the electric vehicle charging market. With over 30 years of experience in the energy sector and degrees in Environmental Science and Business Administration, she combined her...

Catherine Zoi took charge as the CEO of EVgo, Inc., a key player in the electric vehicle charging market. With over 30 years of experience in the energy sector and degrees in Environmental Science and Business Administration, she combined her knowledge of sustainable energy and business acumen to advance EVgo’s growth. Under her leadership, the company focused on expanding the EV charging network across the United States, making strides in sustainability and innovation. Her compensation in 2023 totaled around $1.0 million, which included a significant bonus based on achieving specific business goals. Interestingly, during her tenure, her stock holdings fluctuated significantly, peaking in value prior to her transition out of the CEO role. Although she stepped down in late 2023, she remains tied to the company as an advisor until 2024, illustrating her continued influence in shaping the future of EVgo.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other EVgo, Inc. CEOs

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Catherine Zoi

Ex-CEO of EVgo, Inc.

Education

Bachelor's degree in Environmental Science and a Master's degree in Business Administration.

Field of Expertise

Energy & Utilities - Energy

Sector of Economy

Consumer Cyclical

Born

July 15, 1971 - 53 years ago

CEO of EVgo, Inc. for

3 years 1 month (Sep 2020 - Nov 2023)

Previous Experience

Various leadership roles in the energy sector including CEO positions.

Rivals

Competitors/colleagues of Catherine Zoi

Holdings

See how much did Catherine Zoi make over time.

Catherine Zoi's stock holdings in EVgo saw significant fluctuations during her time as CEO. In August 2022, her holdings peaked around $2.6 million before experiencing a decline. By early 2023, they ranged from $1.64 million to $1.29 million. Leading up...

Catherine Zoi's stock holdings in EVgo saw significant fluctuations during her time as CEO. In August 2022, her holdings peaked around $2.6 million before experiencing a decline. By early 2023, they ranged from $1.64 million to $1.29 million. Leading up to her departure in November 2023, her wealth in EVgo stocks considerably decreased, signaling a shift in her financial stakes within the company. This volatility reflects the dynamic nature of EVgo's stock performance during her leadership, where her decisions directly impacted her own financial standing as well as the company’s market position.

Total Stock Sold

$741.93K

EVGO

$741.93K

102,113 EVGO shares

What if they kept their stock?

If Catherine Zoi didn't sell their stock, today they would have:
Extra EVGO102,113 shares worth $1.54M.
This is 107.82% and $799.98K more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Catherine Zoi.

ED

$169.95K

ED at $96.51/share

May 21, 2024

Received

ED

$39.99K

ED at $92.78/share

Feb 1, 2024

Received

EVGO

$238.92K

EVGO at $3.98/share

May 31, 2023

Sale

EVGO

$484.80K

EVGO at $11.52/share

Aug 12, 2022

Sale

Compensation History

See how much did Catherine Zoi make over time.

In 2023, Catherine Zoi's total compensation reached approximately $1 million. This included a base salary of $500,000, along with a performance-based bonus of $500,000 for meeting key operational targets. Unlike other years, there were no stock options granted to her in 2023, indicating a strategic shift as she neared her departure from the CEO role. Over her tenure from 2021 to 2023, while leading the company, her compensation packages reflected the company's performance, incentivizing her to grow EVgo's market presence and revenue streams. Despite stepping back from day-to-day operations, her influence persists in the company as she transitions into a strategic advisory role.

Year

2023

Total Compensation

$1.00M

Salary

$500.00K

Board Justification

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

Bonus

$500.00K

Board Justification

The annual target cash bonus opportunity for Ms. Zoi was set at 100% of her base salary, with a payout of 100% based on achievement of individual and business milestones for fiscal year 2023.

Other

$2.39K

Board Justification

This amount consists of matching 401(k) contributions and life insurance premiums paid by EVgo on Ms. Zoi's behalf.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was reported as vested in 2023 for Ms. Zoi as the amounts reported in the summary compensation table include stock awards that were granted but not vested in 2023.

Performance Metrics

The performance metrics for determining Ms. Zoi's compensation included throughput, fiscal year revenue, adjusted EBITDA, number of chargers, and individual strategic priorities.

Other EVgo, Inc. CEOs

Here are other CEOs of EVgo, Inc.

Badar Khan

CEO of EVgo, Inc.

November 2023 - Present