FuelCell Energy Management

Management criteria checks 2/4

FuelCell Energy's CEO is Jason Few, appointed in Aug 2019, has a tenure of 5.25 years. total yearly compensation is $4.81M, comprised of 11.7% salary and 88.3% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth €280.36K. The average tenure of the management team and the board of directors is 3 years and 4.8 years respectively.

Key information

Jason Few

Chief executive officer

US$4.8m

Total compensation

CEO salary percentage	11.7%
CEO tenure	5.3yrs
CEO ownership	0.1%
Management average tenure	3yrs
Board average tenure	4.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jason Few's remuneration changed compared to FuelCell Energy's earnings?
Date	Total Compensation	Salary	Company Earnings
Jul 31 2024	n/a	n/a	-US$118m
Apr 30 2024	n/a	n/a	-US$110m
Jan 31 2024	n/a	n/a	-US$112m
Oct 31 2023	US$5m	US$564k	-US$111m
Jul 31 2023	n/a	n/a	-US$123m
Apr 30 2023	n/a	n/a	-US$128m
Jan 31 2023	n/a	n/a	-US$124m
Oct 31 2022	US$2m	US$543k	-US$146m
Jul 31 2022	n/a	n/a	-US$128m
Apr 30 2022	n/a	n/a	-US$110m
Jan 31 2022	n/a	n/a	-US$99m
Oct 31 2021	US$4m	US$512k	-US$104m
Jul 31 2021	n/a	n/a	-US$99m
Apr 30 2021	n/a	n/a	-US$102m
Jan 31 2021	n/a	n/a	-US$98m
Oct 31 2020	US$4m	US$475k	-US$92m
Jul 31 2020	n/a	n/a	-US$109m
Apr 30 2020	n/a	n/a	-US$101m
Jan 31 2020	n/a	n/a	-US$108m
Oct 31 2019	US$936k	US$91k	-US$100m

Compensation vs Market: Jason's total compensation ($USD4.81M) is above average for companies of similar size in the Austrian market ($USD848.41K).

Compensation vs Earnings: Jason's compensation has increased whilst the company is unprofitable.

CEO

Jason Few (57 yo)

5.3yrs

Tenure

US$4,811,321

Compensation

Mr. Jason B. Few serves as President and Chief Executive Officer of FuelCell Energy, Inc. since August 26, 2019 and serves as its Director since November 2018. He serves as Independent Director at Enbridge...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jason Few	President	5.3yrs	US$4.81m	0.14% € 280.4k
Michael Bishop	Executive VP	13.4yrs	US$1.53m	0.028% € 58.2k
Joshua Dolger	Executive VP	3.4yrs	US$1.21m	0.0091% € 18.8k
Michael Lisowski	Executive VP of Strategic Partnerships	less than a year	US$1.50m	0.024% € 50.3k
Mark Feasel	Executive VP & Chief Commercial Officer	2.6yrs	US$1.45m	0.020% € 40.7k
Anthony Leo	Executive VP & CTO	5.4yrs	US$904.07k	0.019% € 39.0k
Thomas Gelston	Senior Vice President of Finance & Investor Relations	6.8yrs	no data	no data
Betsy Schaefer	Chief Marketing & Sustainability Officer	3.4yrs	no data	no data
- Parimal	Chief Strategy & Corporate Development Officer	2.5yrs	no data	no data
Karen Farrell	Senior VP & Chief Human Resources Officer	1.3yrs	no data	no data
John Torrance	Senior Vice President of Product Management	2.4yrs	no data	no data
Lilyanne McClean	Senior Vice President of Global Public Policy & Government Affairs	2.2yrs	no data	no data

3.0yrs

Average Tenure

54yo

Average Age

Experienced Management: FCE2's management team is considered experienced (3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jason Few	President	6yrs	US$4.81m	0.14% € 280.4k
Matthew Hilzinger	Independent Director	9.3yrs	US$195.00k	0% € 0
Donna M. Wilson	Independent Director	3.3yrs	US$197.50k	0.0013% € 2.7k
Natica von Althann	Independent Director	9.5yrs	US$190.00k	0.00064% € 1.3k
James England	Independent Chairman of the Board	16.4yrs	US$232.50k	0.000040% € 82.5
Cynthia Hansen	Independent Director	3.5yrs	US$182.50k	0.0030% € 6.3k
Tyrone Jordan	Director	less than a year	no data	no data
Betsy Bingham	Independent Director	2.9yrs	US$182.50k	0.019% € 40.0k

4.8yrs

Average Tenure

62yo

Average Age

Experienced Board: FCE2's board of directors are considered experienced (4.8 years average tenure).

FuelCell Energy Management

Management criteria checks 2/4

Key information

Recent management updates

FuelCell Energy, Inc. Appoints Tyrone Michael Jordan to its Board of Directors

FuelCell Energy, Inc., Annual General Meeting, Apr 04, 2024

FuelCell Energy, Inc. Announces Executive Changes

FuelCell Energy, Inc. Announces Executive Changes

FuelCell Energy, Inc. Announces Executive Changes

FuelCell Energy, Inc., Annual General Meeting, Apr 07, 2022

Recent updates

FuelCell Energy, Inc. to Reduce its Workforce

Steve Roach Files an Exempt Solicitation Statement with Securities and Exchange Commission

Third quarter 2024 earnings released: US$0.066 loss per share (vs US$0.06 loss in 3Q 2023)

FuelCell Energy, Inc. to Report Q3, 2024 Results on Sep 05, 2024

Canadian Nuclear Laboratories in Partnership with Expander Energy Inc., Fuelcell Energy, Nuclear Promise X, and St Marys Cement Receives $4.9 Million from Natural Resources Canada’S Clean Fuels Fund and Energy Innovation Program

Second quarter 2024 earnings released: US$0.071 loss per share (vs US$0.086 loss in 2Q 2023)

FuelCell Energy Receives Written Notice from Nasdaq Regarding Non-Compliance with the Minimum Bid Price Requirement Under Nasdaq Listing Rule 5450(b)(1)

FuelCell Energy, Inc. to Report Q2, 2024 Results on Jun 10, 2024

FuelCell Energy, Inc. Appoints Tyrone Michael Jordan to its Board of Directors

First quarter 2024 earnings released: US$0.046 loss per share (vs US$0.048 loss in 1Q 2023)

FuelCell Energy, Inc. Provides Sales Guidance for the Full Year 2024

FuelCell Energy, Inc. to Report Q1, 2024 Results on Mar 07, 2024

FuelCell Energy, Inc., Annual General Meeting, Apr 04, 2024

Full year 2023 earnings released: US$0.26 loss per share (vs US$0.38 loss in FY 2022)

FuelCell Energy, Inc. to Report Q4, 2023 Results on Dec 19, 2023

Third quarter 2023 earnings released: US$0.06 loss per share (vs US$0.078 loss in 3Q 2022)

FuelCell Energy, Inc. to Report Q3, 2023 Results on Sep 11, 2023

FuelCell Energy, Inc. Announces Executive Changes

Second quarter 2023 earnings released: US$0.086 loss per share (vs US$0.083 loss in 2Q 2022)

FuelCell Energy, Inc. to Report Q2, 2023 Results on Jun 08, 2023

FuelCell Energy, Inc. to Report Q2, 2023 Results on Jun 08, 2023

First quarter 2023 earnings released: US$0.048 loss per share (vs US$0.11 loss in 1Q 2022)

Full year 2022 earnings released: US$0.38 loss per share (vs US$0.31 loss in FY 2021)

FuelCell Energy, Inc. to Report Q4, 2022 Results on Dec 20, 2022

Third quarter 2022 earnings released: US$0.078 loss per share (vs US$0.038 loss in 3Q 2021)

FuelCell Energy, Inc. to Report Q3, 2022 Results on Sep 08, 2022

Fuelcell Energy, Inc. Launches New Carbon Savings Calculator

FuelCell Energy, Inc. Announces Executive Changes

FuelCell Energy, Inc. to Report Q2, 2022 Results on Jun 09, 2022

FuelCell Energy, Inc. Restarts Process of Commissioning the Groton Project

FuelCell Energy, Inc. Announces Executive Changes

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

FuelCell Energy, Inc., Annual General Meeting, Apr 07, 2022

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Third quarter 2021 earnings released: US$0.038 loss per share (vs US$0.074 loss in 3Q 2020)

High number of new directors

Fuelcell Energy Receives Court Case Win in the Court of Chancery in Delaware Versus POSCO Energy

FuelCell Energy, Inc.(NasdaqGM:FCEL) dropped from Russell Microcap Growth Index

FuelCell Energy, Inc. to Report Q1, 2021 Results on Mar 16, 2021

FuelCell Energy, Inc., Annual General Meeting, Apr 08, 2021

FuelCell Energy, Inc. to Report Q4, 2020 Results on Jan 21, 2021

FuelCell Energy, Inc. has completed a Follow-on Equity Offering in the amount of $224.370504 million.

FuelCell Energy, Inc. has completed a Follow-on Equity Offering in the amount of $91.35 million.

FuelCell Energy Announces Multiple Awards to Provide Clean Energy to Northeast Power Grid

FuelCell Energy, Inc. Announces U.S. Department of Energy Project Award

FuelCell Energy, Inc. to Report Q3, 2020 Results on Sep 10, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age