In 2023, Gregg J. Felton earned $1.93M in total compensation at Altus Power, including $550.00K salary and $1.38M in stock. Most recently acquired 34,139 shares in Jun 2024. Has donated $6.69M in stock to charitable causes. 3+ years at the helm of Altus Power.
Compensation History
Annual executive compensation data for Gregg J. Felton, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.93M
Salary
$550.00K
Bonus
$0.00
Other
$0.00
Salary
$550.00KBoard Justification
The compensation philosophy aims to attract and retain top-tier talent by offering competitive compensation based on company and individual performance, with a focus on long-term value creation through equity-based compensation.
Bonus
$0.00Board Justification
In lieu of cash bonus for 2023, the compensation committee decided to grant RSUs to align with long-term performance, vesting 50% on the 1st anniversary and 50% on the 2nd anniversary of the grant date.
Other Compensation
$0.00Board Justification
Restricted Stock
Board Justification
258,630 RSUs with a grant date fair value of $1,378,500, which vest 33.3% on March 22, 2024, 33.33% on March 22, 2025, and 33.4% on March 22, 2026.
Performance Metrics
Eighty percent (80%) of the bonus was based on achieving 2023 adjusted EBITDA of $100 million and twenty percent (20%) based on individual non-financial metrics.
Gregg J. Felton
Founder and CEO of Altus Power
Education
J.D. and M.B.A. from Georgetown University Law Center and School of Business
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Utilities
Born
January 1, 1971 - 54 years ago
CEO of Altus Power for
3 years 11 months (Dec 2021 - Present)
Previous Experience
Partner at Goldman Sachs, Chief Investment Officer of the Credit Alternatives platform at Goldman Sachs Asset Management
Holdings
Track Gregg J. Felton's stock holdings and portfolio value over time.
Charitable Transactions
1,340,000 shares
AMPS
Recent Charitable Transactions
1,340,000 shares
AMPS
Mar 31, 2023
Charity
Insider Trading
Gregg J. Felton's recent stock transactions, purchases, and sales filed with the SEC.
$136.21K
AMPS at $3.99/share
Jun 7, 2024
Purchase
$133.47K
AMPS at $4.01/share
Jun 3, 2024
Purchase
$322.05K
AMPS at $3.90/share
May 31, 2024
Purchase
461,846 shares
AMPS
Mar 22, 2024
Received
$59.75K
AMPS at $4.78/share
Mar 28, 2024
Purchase
$59.75K
AMPS at $4.78/share
Mar 28, 2024
Purchase
$101.13K
AMPS at $4.49/share
May 31, 2023
Purchase
$331.76K
AMPS at $4.42/share
May 19, 2023
Purchase
1,340,000 shares
AMPS
Mar 31, 2023
Charity
444,648 shares
AMPS
Mar 22, 2023
Received
Rivals
Compare Gregg J. Felton with competitor CEOs and industry peers.