In 2023, Lawrence Coben earned $13.23M in total compensation at NRG Energy, including $100.00K salary and $12.64M in stock. Most recently acquired 1,931 shares in Aug 2024. Currently holds stock worth $91.64M. 2+ years at the helm of NRG Energy.
Compensation History
Annual executive compensation data for Lawrence Coben, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$13.23M
Salary
$100.00K
Bonus
$0.00
Other
$489.03K
Salary
$100.00KBoard Justification
The compensation program is designed to align executive pay with stockholder value and incentivize executives to achieve corporate goals, with a significant portion being at-risk based on performance metrics.
Bonus
$0.00Board Justification
Dr. Coben was not eligible for an AIP award in 2023 as Interim CEO.
Other Compensation
$489.03KBoard Justification
This amount includes compensation earned for his service as a non-employee director and Chair of the Board prior to his appointment as Interim CEO.
Restricted Stock
Board Justification
The RSUs granted to Dr. Coben in connection with his appointment as Interim CEO will vest in increments of one-third on each anniversary of the grant date over three years, starting from December 15, 2023.
Performance Metrics
The performance metrics for the 2023 AIP included Adjusted Free Cash Flow before Growth, Adjusted EBITDA, Credit Ratio, and ESG metrics.
Lawrence Coben
CEO of NRG Energy
Education
N/A
Sector of Economy
Utilities
Born
January 1, 1958 - 67 years ago
CEO of NRG Energy for
2 years 0 months (Nov 2023 - Present)
Previous Experience
Chair of the Board at NRG Energy, Inc.
Other NRG Energy CEOs
Holdings
Track Lawrence Coben's stock holdings and portfolio value over time.
Insider Trading
Lawrence Coben's recent stock transactions, purchases, and sales filed with the SEC.
1,931 shares
NRG
Aug 1, 2024
Received
1,917 shares
NRG
May 1, 2024
Received
2,583 shares
NRG
Feb 1, 2024
Received
244,565 shares
NRG
Dec 15, 2023
Received
848 shares
NRG
Nov 1, 2023
Received
974 shares
NRG
Aug 1, 2023
Received
8,612 shares
NRG
Jun 1, 2023
Received
977 shares
NRG
May 1, 2023
Received
949 shares
NRG
Feb 1, 2023
Received
$475.50K
NRG at $31.70/share
Dec 15, 2022
Purchase
Rivals
Compare Lawrence Coben with competitor CEOs and industry peers.