Jim Fusaro currently serves as the CEO of Array Technologies, Inc., a company focused on solar tracking solutions. Before joining Array in November 2021, he spent over three years as CEO of Array, where he managed to grow the company...

Jim Fusaro currently serves as the CEO of Array Technologies, Inc., a company focused on solar tracking solutions. Before joining Array in November 2021, he spent over three years as CEO of Array, where he managed to grow the company significantly, increasing revenue by about 300% and expanding its market share considerably. He has a background in engineering and has held key positions in large companies like Avnet and Honeywell, running global businesses and contributing to significant operational improvements. Fusaro is known for his strategic leadership style that emphasizes performance metrics such as EBITDA and cash flow. Recently, he transitioned to Meta Materials Inc. but quickly returned to Array. His compensation is aligned with company performance, demonstrating a focus on long-term value for stakeholders, with total compensation reaching $5.7 million in 2023, including salary, bonus, and stock awards. Fusaro has been active in insider trading, showing strong financial involvement with his company’s stock, notably trading shares valued over $8 million in the past year alone. His impact on the solar technology sector is notable, with a keen eye on both financial metrics and operational strategies.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Meta Materials Inc. CEOs

M

Jim Fusaro

Ex-CEO of Meta Materials Inc.

Sector of Economy

Technology

CEO of Meta Materials Inc. for

0 years 0 months (Oct 2023 - Nov 2023)

Previous Experience

Held the position of CEO of Array Technologies, Inc. from June 2018 to April 2022. Managed large-scale global businesses at Avnet, Honeywell, and Amkor Technology. Holds a Master of Science in Mechanical Engineering and a Bachelor of Science in Mechanical Science.

Rivals

Competitors/colleagues of Jim Fusaro

Holdings

See how much did Jim Fusaro make over time.

Jim Fusaro’s insider trading history shows significant involvement in Array Technologies stock, with notable fluctuations in his holdings. Back in late 2019, he began trading smaller amounts, but activity picked up considerably from 2020 onwards. In January 2021, he traded...

Jim Fusaro’s insider trading history shows significant involvement in Array Technologies stock, with notable fluctuations in his holdings. Back in late 2019, he began trading smaller amounts, but activity picked up considerably from 2020 onwards. In January 2021, he traded upwards of $9 million, indicating a peak in stock value and his confidence in the company's trajectory at that time. After that, his trading saw levels consistently around $4-8 million each month until 2022. This reflects a strategic approach to his investments, where he capitalized on high-value stock periods, although 2023 has seen more modest figures with several months showing valuations between $5-8 million. His substantial engagement with Array's stock speaks to his deep connection with the company's performance and growth.

Mar 17, 2025

A

shares

AMKR @ $19.59

A

shares

ARRY @ $6.10

Insider Trading

See recent insider trades of Jim Fusaro.

ARRY

$4.02M

ARRY at $22.00/share

Oct 19, 2020

Purchase

AMKR

30,000 shares

AMKR

Feb 14, 2011

Received

Compensation History

See how much did Jim Fusaro make over time.

In 2023, Jim Fusaro’s compensation as CEO of Array Technologies reflected his leadership role and performance-oriented approach. His total compensation amounted to $5.7 million, incorporating his base salary of $850,000, a substantial cash bonus of $1.25 million based on achieving financial goals, and vested stock awards valued at $1.77 million. Unlike previous years, where Fusaro saw different compensation structures—especially right after a company transition—this year's package highlights a recovery with performance metrics like EBITDA and cash flow playing a crucial role. His compensation package is designed to align with the company’s overall growth strategy and long-term goals, underscoring the drive to create lasting value for shareholders. The financial incentives are structured to support not just immediate gains but sustainable growth as well.

Year

2023

Total Compensation

$3.89M

Salary

$850.00K

Board Justification

The compensation philosophy aligns executive compensation with company performance, peer benchmarking, and retention strategies, focusing on long-term value creation for stockholders.

Bonus

$1.25M

Board Justification

The annual cash incentive bonus based on financial and operational achievements during the fiscal year, calculated as 118% of the target bonus opportunity.

Other

$13.20K

Board Justification

Company contributions to Mr. Fusaro's 401(k) account.

Restricted Stock

$1.77M(105.45K RSU)

Board Justification

The RSUs granted in 2023 vest in one-third increments on each of the first three anniversaries of the date of grant, generally subject to the Named Executive Officer’s continued employment through the applicable vesting date.

Performance Metrics

The performance metrics include Adjusted EBITDA, Cash Conversion Cycle, and Company MBOs.

Other Meta Materials Inc. CEOs

Here are other CEOs of Meta Materials Inc.

George Palikaras

Founder and Ex-CEO of Meta Materials Inc.

June 2021 - October 2023

Uzi Sasson

CEO of Meta Materials Inc.

November 2023 - Present