Altus Power Management

Management criteria checks 2/4

Altus Power's CEO is Gregg Felton, appointed in Apr 2024, has a tenure of less than a year. total yearly compensation is $3.49M, comprised of 15.7% salary and 84.3% bonuses, including company stock and options. directly owns 14.32% of the company’s shares, worth €58.30M. The average tenure of the management team and the board of directors is 2.7 years and 2.7 years respectively.

Key information

Gregg Felton

Chief executive officer

US$3.5m

Total compensation

CEO salary percentage	15.7%
CEO tenure	less than a year
CEO ownership	14.3%
Management average tenure	2.7yrs
Board average tenure	2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Gregg Felton's remuneration changed compared to Altus Power's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	US$23m
Mar 31 2024	n/a	n/a	-US$7m
Dec 31 2023	US$3m	US$550k	-US$9m
Sep 30 2023	n/a	n/a	US$85m
Jun 30 2023	n/a	n/a	-US$16m
Mar 31 2023	n/a	n/a	US$724k
Dec 31 2022	US$17m	US$550k	US$55m
Sep 30 2022	n/a	n/a	-US$5m
Jun 30 2022	n/a	n/a	US$90m
Mar 31 2022	n/a	n/a	US$65m
Dec 31 2021	US$1m	US$550k	US$6m
Sep 30 2021	n/a	n/a	US$9m
Jun 30 2021	n/a	n/a	US$7m
Mar 31 2021	n/a	n/a	US$5m
Dec 31 2020	US$1m	US$550k	US$7m
Dec 31 2019	US$1m	US$500k	-US$6m

Compensation vs Market: Gregg's total compensation ($USD3.49M) is above average for companies of similar size in the German market ($USD1.20M).

Compensation vs Earnings: Gregg's compensation has been consistent with company performance over the past year.

CEO

Gregg Felton (53 yo)

less than a year

Tenure

US$3,494,134

Compensation

Mr. Gregg J. Felton, J.D. is Managing Partner of 4.0 Partners. He focuses on fintech, greenenergy, IoT & medtech. He was Venture Partner of 4.0 Partners.He has been Chief Investment Officer at Full Circle...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Gregg Felton	CEO & Director	less than a year	US$3.49m	14.32% $ 58.3m
Dustin Weber	Chief Financial Officer	6.6yrs	US$1.95m	0.96% $ 3.9m
Anthony Savino	Chief Construction Officer	less than a year	US$1.84m	2.21% $ 9.0m
Chris Shelton	Head of Investor Relations	2.5yrs	no data	no data
Sophia Lee	Chief Legal & Sustainability Officer	3.3yrs	no data	no data
Melissa Boulan	Chief People Officer	3.3yrs	no data	no data
Daniel Alcombright	Chief Platform Officer	2.6yrs	no data	no data
Julia Sears	Chief Digital Officer	2.8yrs	no data	no data
Steve D'Agostino	Head of Analytics	2.8yrs	no data	no data
Greg Roer	Managing Director	1.9yrs	no data	no data

2.7yrs

Average Tenure

53yo

Average Age

Experienced Management: 8770's management team is considered experienced (2.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Gregg Felton	CEO & Director	2.7yrs	US$3.49m	14.32% $ 58.3m
Richard Shapiro	Director	no data	no data	no data
Richard Peretz	Independent Director	2.7yrs	US$210.51k	0.036% $ 147.1k
Christine Detrick	Independent Chairman of the Board	2.7yrs	US$338.12k	0.10% $ 427.0k
Tina Reich	Independent Director	less than a year	US$167.34k	0.0064% $ 26.1k
Robert Horn	Independent Director	2.7yrs	no data	no data
Robert Bernard	Independent Director	less than a year	no data	no data

2.7yrs

Average Tenure

54yo

Average Age

Experienced Board: 8770's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.

Altus Power Management

Management criteria checks 2/4

Key information

Recent management updates

Richard A. Shapiro Joins Board of Directors of Altus Power, Inc

CEO & Director recently bought €122k worth of stock

CEO & Director recently bought €297k worth of stock

Altus Power, Inc. Announces CEO Changes

Altus Power, Inc., Annual General Meeting, May 22, 2024

Altus Power Announces Appointment of Robert Bernard, to Board of Directors

Recent updates

Investor sentiment deteriorates as stock falls 15%

Second quarter 2024 earnings released: EPS: US$0.23 (vs US$0.043 in 2Q 2023)

Altus Power, Inc. Revises Earnings Guidance for the Year 2024

Richard A. Shapiro Joins Board of Directors of Altus Power, Inc

CEO & Director recently bought €122k worth of stock

CEO & Director recently bought €297k worth of stock

New major risk - Revenue and earnings growth

Altus Power, Inc. Reaffirms Revenue Guidance for the Year 2024

Altus Power, Inc. Reaffirms Revenue Guidance for the Year 2024

First quarter 2024 earnings released: EPS: US$0.047 (vs US$0.035 in 1Q 2023)

Altus Power, Inc. Announces CEO Changes

Altus Power, Inc. to Report Q1, 2024 Results on May 09, 2024

Altus Power, Inc., Annual General Meeting, May 22, 2024

New major risk - Share price stability

Full year 2023 earnings released: US$0.059 loss per share (vs US$0.36 profit in FY 2022)

Altus Power Announces Appointment of Robert Bernard, to Board of Directors

Investor sentiment improves as stock rises 21%

Altus Power, Inc. to Report Fiscal Year 2023 Results on Mar 14, 2024

Altus Power, Inc. to Report Fiscal Year 2023 Results on Mar 14, 2024

Altus Power, Inc. (NYSE:AMPS) acquired Project Hyperion, Llc from Basalt Infrastructure Partners LLC and Soltage, LLC.

Altus Power, Inc. (NYSE:AMPS) agreed to acquire Unico Solar Investors LLC.

Investor sentiment improves as stock rises 16%

Altus Power Unveils Altus IQ

Third quarter 2023 earnings released: EPS: US$0.034 (vs US$0.63 loss in 3Q 2022)

Altus Power, Inc. Announces Appointment of Tina Chan Reich to Board of Directors

Altus Power, Inc. to Report Q3, 2023 Results on Nov 13, 2023

Co-Founder & Chief Construction Officer recently sold €426k worth of stock

Altus Power, Inc. Announces Resignation of Sarah Coyne as a Member of the Board of Directors and a Member of the Audit Committee and of the Nominating and Corporate Governance Committee

Second quarter 2023 earnings released: EPS: US$0.043 (vs US$0.16 in 2Q 2022)

Altus Power, Inc. (NYSE:AMPS) acquired 10 MW solar array with energy storage in Holliston, MA.

Altus Power, Inc. to Report Q2, 2023 Results on Aug 14, 2023

Director recently bought €306k worth of stock

Co-Founder recently bought €95k worth of stock

Co-Founder recently bought €307k worth of stock

First quarter 2023 earnings released: EPS: US$0.035 (vs US$0.39 in 1Q 2022)

High number of new and inexperienced directors

High number of new and inexperienced directors

Full year 2022 earnings released: EPS: US$0.36 (vs US$0.063 in FY 2021)

Altus Power, Inc. to Report Fiscal Year 2022 Results on Mar 30, 2023

Altus Power, Inc. (NYSE:AMPS) completed the acquisition of 220 megawatts solar assets from True Green Capital Management LLC.

High number of new and inexperienced directors

Altus Power, Inc. Appoints Sophia Lee as Chief Sustainability Officer

Altus Power, Inc. Announces Appointment of Diane Brink to Board of Directors

Altus Power, Inc. (NYSE:AMPS) agreed to acquire 220 megawatts solar assets from True Green Capital Management LLC for approximately $290 million.

High number of new and inexperienced directors

Altus Power, Inc. to Report Q3, 2022 Results on Nov 14, 2022

High number of new and inexperienced directors

Altus Power, Inc. has completed a Follow-on Equity Offering in the amount of $80.5 million.

Altus Power, Inc. has completed a Follow-on Equity Offering in the amount of $80.5 million.

Altus Power, Inc. (NYSE:AMPS) signed a definitive agreements to acquire 88 Megawatts of Operating Solar Assets.

Investor sentiment improved over the past week

Altus Power, Inc. Announces the Addition of Greg Roer as Managing Director

Investor sentiment improved over the past week

Second quarter 2022 earnings released

Investor sentiment improved over the past week

Altus Power, Inc. to Report Q2, 2022 Results on Aug 15, 2022

Investor sentiment improved over the past week

High number of new and inexperienced directors

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age