In 2023, KR Sridhar earned $1.71M in total compensation at Bloom Energy, including $820.00K salary and $863.46K bonus. Most recently acquired 71,290 shares in Mar 2024. Currently holds stock worth $383.89M. Has donated $5.60M in stock to charitable causes. Has led Bloom Energy for over 23 years.
Compensation History
Annual executive compensation data for KR Sridhar, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.71M
Salary
$820.00K
Bonus
$863.46K
Other
$26.70K
Salary
$820.00KBoard Justification
The compensation philosophy is designed to attract and retain executives with market-competitive compensation packages that provide for above-market rewards when Bloom outperforms and create stockholder value, while limiting rewards when performance does not meet objectives.
Bonus
$863.46KBoard Justification
The bonus is based on the annual cash incentive plan (ACI) which is tied to the company's performance metrics, resulting in a payout of 81% of the target bonus for 2023.
Other Compensation
$26.70KBoard Justification
Other compensation includes executive health memberships for the CEO and his dependents.
Restricted Stock
Board Justification
Mr. Sridhar did not receive any long-term equity incentive awards in 2023 due to the 2021 CEO Performance Award, which is a multi-year program.
Performance Metrics
The performance metrics for the CEO's compensation include product and service revenue growth, non-GAAP gross margin, and stock price performance.
KR Sridhar
Founder and CEO of Bloom Energy
Education
Ph.D. in Mechanical Engineering
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Industrials
Born
January 1, 1960 - 65 years ago
CEO of Bloom Energy for
23 years 11 months (Jan 2002 - Present)
Previous Experience
Former Professor of Aerospace and Mechanical Engineering, Director, Space Technologies Laboratory at the University of Arizona
Holdings
Track KR Sridhar's stock holdings and portfolio value over time.
Total Stock Sold
$45.54M
$45.54M
3,006,042 BE shares
What if they kept their stock?
If KR Sridhar didn't sell their stock, today they would have:
Extra BE3,006,042 shares worth $358.26M.
This is 686.64% and $312.72M more than what they got when they sold the stock.
Charitable Transactions
46,961 shares
BE
Recent Charitable Transactions
46,961 shares
BE
Dec 23, 2024
Charity
Insider Trading
KR Sridhar's recent stock transactions, purchases, and sales filed with the SEC.
$1.64M
BE at $23.00/share
Mar 5, 2024
Sale
150,000 shares
BE
Mar 5, 2024
Received
46,961 shares
BE
Dec 23, 2024
Charity
46,961 shares
BE
Dec 23, 2024
Charity
800,000 shares
BE
Dec 18, 2024
Received
$3.00M
BE at $25.01/share
Nov 20, 2024
Sale
$478.54K
BE at $11.93/share
May 12, 2024
Sale
$494.27K
BE at $9.74/share
Dec 31, 2023
Sale
101,445 shares
BE
Dec 31, 2023
Received
$189.48K
BE at $17.09/share
Jun 16, 2023
Sale
Rivals
Compare KR Sridhar with competitor CEOs and industry peers.