Sundar PichaiSundar Pichai earned $164M in 2023

John Van Scoter, CEO of Solid Power, was appointed in June 2023. He has a solid background in engineering, holding a B.S. in Mechanical Engineering from the University of Vermont. Before joining Solid Power, he worked at SRI International, where...

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John Van Scoter

CEO of Solid Power

Education

B.S. in Mechanical Engineering from the University of Vermont

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Industrials

Born

January 1, 1961 - 64 years ago

CEO of Solid Power for

1 year 11 months (Jun 2023 - Present)

Previous Experience

Vice President, General Manager Products at SRI International; CEO of eSolar, Inc.; held various roles at Texas Instruments.

Rivals

Competitors/colleagues of John Van Scoter

Holdings

See how much did John Van Scoter make over time.

John Van Scoter has shown notable activity with his holdings in Solid Power, particularly in 2023. In June, he sold shares worth $2.44 million, which marked a significant exit in his stock management. Following that, he had another major sale...

Mar 18, 2025

Insider Trading

See recent insider trades of John Van Scoter.

SLDP

531,464 shares

SLDP

Mar 22, 2024

Received

SLDP

1,035,276 shares

SLDP

Jun 14, 2023

Received

Compensation History

See how much did John Van Scoter make over time.

In his role as CEO, John Van Scoter's total compensation for 2023 was approximately $5.56 million, with a base salary of $275,208. His compensation package included a bonus of $211,910, which was based on achieving 77% of the operational and strategic goals set out for the year. Despite no vested stock reported for 2023 and no new stock granted, he received significant options, valued at $2.25 million, set to vest over time under a structured plan. This compensation strategy is designed to align with both performance and shareholder interests, reflecting a philosophy prioritizing long-term success and stability within the company. Additionally, Van Scoter's other compensation included benefits like retirement contributions and life insurance, contributing to a well-rounded package for a high-level executive such as him.

Year

2023

Total Compensation

$825.71K

Salary

$275.21K

Board Justification

The compensation philosophy emphasizes attracting and retaining qualified executives while aligning compensation with company performance and stockholder interests.

Bonus

$211.91K

Board Justification

The bonus was determined based on the HRC committee’s assessment of performance against operational, strategic, and budgeting goals, with an achievement percentage of 77% of the target.

Other

$338.59K

Board Justification

Other compensation includes matching contributions to 401(k), life insurance premiums, and relocation reimbursements.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was reported as vested in 2023.

Performance Metrics

The performance metrics for determining compensation included operational goals related to technology development, production targets, and budget objectives.

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