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The charts on this page feature a breakdown of the total annual pay for the top executives at PLUG POWER INC as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. PLUG POWER INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. PLUG POWER INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Andrew J. Marsh
President, Chief Executive Officer and Director
Total Cash $750,000 Equity $0 Other $16,555 Total Compensation $766,555
Gerard L. Conway Jr.
General Counsel, Corporate Secretary and Executive Vice President
Total Cash $400,000 Equity $0 Other $16,555 Total Compensation $416,555
Keith Schmid
Executive Vice President, Special Projects
Total Cash $400,000 Equity $0 Other $16,555 Total Compensation $416,555
Paul B. Middleton
Chief Financial Officer and Executive Vice President
Total Cash $400,000 Equity $0 Other $16,555 Total Compensation $416,555
Jose Luis Crespo
General Manager, Applications and Executive Vice President
Total Cash $400,000 Equity $0 Other $16,555 Total Compensation $416,555
Sanjay K. Shrestha
General Manager, Energy Solutions, Chief Strategy Officer, and Executive Vice President
Total Cash $400,000 Equity $0 Other $16,555 Total Compensation $416,555
Dirk Ole Hoefelmann
Former General Manager, Electrolyzers and Executive Vice President
Total Cash $400,000 Equity $3,104,000 Other $27,324 Total Compensation $3,531,324
For its 2022 fiscal year, PLUG POWER INC, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Andrew J. Marsh CEO Pay $766,555 Median Employee Pay $61,163 CEO Pay Ratio 13:1
For its 2022 fiscal year, PLUG POWER INC, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Gary K. Willis Total Cash $274,186
George C. McNamee Total Cash $314,186
Gregory L. Kenausis Total Cash $260,616
Jean A. Bua Total Cash $241,330
Jonathan M. Silver Total Cash $249,186
Kavita Mahtani Total Cash $237,758
Lucas P. Schneider Total Cash $249,186
Maureen O. Helmer Total Cash $269,186

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.