Gregg J. Felton is the Co-Chief Executive Officer of Altus Power, Inc., a leader in renewable energy. He co-founded the company in 2021, bringing over two decades of finance experience to the table. Before starting Altus Power, he worked at...

Gregg J. Felton is the Co-Chief Executive Officer of Altus Power, Inc., a leader in renewable energy. He co-founded the company in 2021, bringing over two decades of finance experience to the table. Before starting Altus Power, he worked at Goldman Sachs, managing a diverse range of investment funds totaling more than $5 billion. Gregg holds a J.D. and an M.B.A. from Georgetown University, which showcases his strong educational background. Under his leadership, the company has been focused on creating a clean electrification ecosystem that delivers renewable energy solutions.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

A

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 4 months (Dec 2021 - Present)

Previous Experience

Partner at Goldman Sachs, Chief Investment Officer of the Credit Alternatives platform at Goldman Sachs Asset Management

Rivals

Competitors/colleagues of Gregg J. Felton

Holdings

See how much did Gregg J. Felton make over time.

As of now, Gregg holds approximately 13.1 million shares of Altus Power, making up about 8.3% of the total shares. His holdings peaked at about $240.67 million in December 2021 but saw fluctuations, going down to around $74.32 million in...

As of now, Gregg holds approximately 13.1 million shares of Altus Power, making up about 8.3% of the total shares. His holdings peaked at about $240.67 million in December 2021 but saw fluctuations, going down to around $74.32 million in April 2023. Since then, his investments have rallied back, with values around $91.46 million in September 2023, showing that his commitment to the company's performance remains strong. This journey reflects his active role in shaping the company’s growth and long-term value.

Charitable Transactions

AMPS

1,340,000 shares

AMPS

Recent Charitable Transactions

AMPS

1,340,000 shares

AMPS

Mar 31, 2023

Charity

Insider Trading

See recent insider trades of Gregg J. Felton.

AMPS

$136.21K

AMPS at $3.99/share

Jun 7, 2024

Purchase

AMPS

$133.47K

AMPS at $4.01/share

Jun 3, 2024

Purchase

AMPS

$322.05K

AMPS at $3.90/share

May 31, 2024

Purchase

AMPS

461,846 shares

AMPS

Mar 22, 2024

Received

AMPS

$59.75K

AMPS at $4.78/share

Mar 28, 2024

Purchase

AMPS

$59.75K

AMPS at $4.78/share

Mar 28, 2024

Purchase

AMPS

$101.13K

AMPS at $4.49/share

May 31, 2023

Purchase

AMPS

$331.76K

AMPS at $4.42/share

May 19, 2023

Purchase

AMPS

1,340,000 shares

AMPS

Mar 31, 2023

Charity

AMPS

444,648 shares

AMPS

Mar 22, 2023

Received

Compensation History

See how much did Gregg J. Felton make over time.

For the year 2023, Gregg's total compensation was around $1.37 million, including a base salary of $550,000. Instead of a cash bonus, he was awarded Restricted Stock Units (RSUs) focused on long-term performance, which shows a commitment to aligning his interests with the company's future. The RSUs are set to vest over a couple of years, ensuring that he has a stake in the company's growth. This thoughtful structure helps retain top talent while pushing for sustainable company performance.

Year

2023

Total Compensation

$1.93M

Salary

$550.00K

Board 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

$0.00

Board 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

$0.00

Board Justification

Restricted Stock

$1.38M(258.63K RSU)

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.