William J. Berger is the CEO and founder of Sunnova Energy International Inc., a leading residential solar service provider. With a Bachelor of Science degree in Electrical Engineering from the University of Texas at Austin, he has over twenty years...

William J. Berger is the CEO and founder of Sunnova Energy International Inc., a leading residential solar service provider. With a Bachelor of Science degree in Electrical Engineering from the University of Texas at Austin, he has over twenty years of experience in the energy sector. Berger founded Sunnova in 2012, and under his leadership, the company has expanded rapidly in the renewable energy market. In 2019, he was elected as the CEO of Sunnova Energy International. His vision emphasizes free market competition and consumer choice, aiming to enhance energy independence through innovative technology. Berger's financial journey includes a notable compensation of over $18 million in 2019, which illustrates his significant role in driving the company’s success. He often utilizes insider trading insights, having made notable investment moves amounting up to $26 million in a single month in late 2020. This high-level trading activity reflects his strong confidence in the company's direction and performance. With his drive and experience, Berger is steering Sunnova towards a sustainable future in clean energy.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

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William J. Berger

Founder and CEO of Sunnova Energy International

Education

Master of Business Administration from Harvard Business School and Bachelor of Science in civil engineering from Texas A&M University

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Energy

CEO of Sunnova Energy International for

12 years 7 months (Nov 2012 - Present)

Previous Experience

Founder and Chief Executive Officer at SunCap Financial and Standard Renewable Energy

Rivals

Competitors/colleagues of William J. Berger

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Mary Powell

CEO of Sunrun

2022 Compensation

Stock

$720.02K

Salary

$800.00K

Bonus

$1.29M

Other

$10.68K

Total Holdings

$3.72M

Holdings

See how much did William J. Berger make over time.

As CEO of Sunnova Energy, William J. Berger's stock holdings have seen significant fluctuations. His investments peaked in late 2020, where he made substantial trades totaling approximately $26 million in December alone. These trades reflect a high level of confidence...

As CEO of Sunnova Energy, William J. Berger's stock holdings have seen significant fluctuations. His investments peaked in late 2020, where he made substantial trades totaling approximately $26 million in December alone. These trades reflect a high level of confidence in his role and the company’s potential, as he was converting most of his wealth into shares during a growth phase for Sunnova. From 2020 to 2023, Berger's holdings highlighted his commitment, where at one point, he owned about 2.16 million shares, amounting to roughly 1.9% of the company. His vested interests in the company underscore a profound alignment with stakeholders and future growth objectives, underscoring his strategic focus on enhancing shareholder value.

Mar 17, 2025

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shares

NOVA @ $0.33

Total Stock Sold

$9.65M

NOVA

$9.65M

474,462 NOVA shares

What if they kept their stock?

If William J. Berger didn't sell their stock, today they would have:
Extra NOVA474,462 shares worth $7.44M.
This is -22.88% and $2.21M less than what they got when they sold the stock.

Charitable Transactions

NOVA

42,686 shares

NOVA

Recent Charitable Transactions

NOVA

21,000 shares

NOVA

Dec 31, 2022

Charity

NOVA

5,500 shares

NOVA

Dec 31, 2021

Charity

NOVA

12,129 shares

NOVA

Nov 5, 2020

Charity

NOVA

4,057 shares

NOVA

Dec 31, 2020

Charity

Insider Trading

See recent insider trades of William J. Berger.

NOVA

$871.04K

NOVA at $11.31/share

Aug 23, 2024

Sale

NOVA

$341.16K

NOVA at $7.05/share

Jul 29, 2024

Sale

NOVA

$200.92K

NOVA at $5.72/share

Mar 11, 2024

Sale

NOVA

$489.64K

NOVA at $6.29/share

Mar 6, 2024

Received

NOVA

$841.99K

NOVA at $17.86/share

Jul 29, 2023

Sale

NOVA

$9.35K

NOVA at $15.58/share

Mar 31, 2023

Purchase

NOVA

$5.07K

NOVA at $12.67/share

Mar 28, 2023

Purchase

NOVA

$145.81K

NOVA at $14.04/share

Mar 22, 2023

Sale

NOVA

$368.08K

NOVA at $16.31/share

Mar 10, 2023

Received

NOVA

21,000 shares

NOVA

Dec 31, 2022

Charity

Compensation History

See how much did William J. Berger make over time.

In 2022, William J. Berger received a total compensation package of approximately $1,841,752. This consisted of a base salary of $650,000, an impressive annual incentive bonus of over $1.22 million based on performance metrics, and vested stock valued around $489,645. His bonus is linked to key performance indicators, such as operating cash flows and customer growth, showcasing a pay-for-performance approach. In 2019, his earnings reached a staggering $14.25 million, largely attributed to massive stock awards that vested, illustrating how his performance directly correlates with the company's success and profitability. His compensation strategy emphasizes aligning executive pay with the overall performance of Sunnova, ensuring that he remains focused on long-term growth and value creation for shareholders.

Year

2022

Total Compensation

$2.38M

Salary

$650.00K

Board Justification

The compensation philosophy emphasizes a pay-for-performance culture, aligning executive compensation with company performance and stockholder interests.

Bonus

$1.22M

Board Justification

The annual incentive bonus is based on corporate performance metrics and individual performance evaluations for the fiscal year 2022, with a target bonus of 150% of base salary.

Other

$20.09K

Board Justification

Includes 401(k) match, travel reimbursements, and other perquisites.

Restricted Stock

$489.65K(77.84K RSU)

Board Justification

Restricted stock units granted as part of the Short-Term Incentive Plan compensation, which vested on issuance in 2023.

Performance Metrics

Adjusted EBITDA, Recurring Operating Cash Flows, Net Contracted Customer Value, Cumulative Customer Count, and Service per Customer.