Plug Power Inc.

LSE:0R1J Stock Report

Market Cap: US$2.3b

Plug Power Management

Management criteria checks 2/4

Plug Power's CEO is Andy Marsh, appointed in Apr 2008, has a tenure of 16.67 years. total yearly compensation is $7.25M, comprised of 10.3% salary and 89.7% bonuses, including company stock and options. directly owns 0.096% of the company’s shares, worth $2.25M. The average tenure of the management team and the board of directors is 7.3 years and 7.5 years respectively.

Key information

Andy Marsh

Chief executive officer

US$7.3m

Total compensation

CEO salary percentage10.3%
CEO tenure16.7yrs
CEO ownership0.1%
Management average tenure7.3yrs
Board average tenure7.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Andy Marsh's remuneration changed compared to Plug Power's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$1b

Jun 30 2024n/an/a

-US$1b

Mar 31 2024n/an/a

-US$1b

Dec 31 2023US$7mUS$750k

-US$1b

Sep 30 2023n/an/a

-US$950m

Jun 30 2023n/an/a

-US$837m

Mar 31 2023n/an/a

-US$774m

Dec 31 2022US$767kUS$750k

-US$724m

Sep 30 2022n/an/a

-US$693m

Jun 30 2022n/an/a

-US$629m

Mar 31 2022n/an/a

-US$556m

Dec 31 2021US$52mUS$750k

-US$460m

Sep 30 2021n/an/a

-US$751m

Jun 30 2021n/an/a

-US$710m

Mar 31 2021n/an/a

-US$619m

Dec 31 2020US$14mUS$676k

-US$596m

Sep 30 2020n/an/a

-US$130m

Jun 30 2020n/an/a

-US$83m

Mar 31 2020n/an/a

-US$92m

Dec 31 2019US$4mUS$600k

-US$86m

Sep 30 2019n/an/a

-US$84m

Jun 30 2019n/an/a

-US$82m

Mar 31 2019n/an/a

-US$89m

Dec 31 2018US$3mUS$600k

-US$86m

Sep 30 2018n/an/a

-US$81m

Jun 30 2018n/an/a

-US$106m

Mar 31 2018n/an/a

-US$123m

Dec 31 2017US$3mUS$600k

-US$130m

Compensation vs Market: Andy's total compensation ($USD7.25M) is above average for companies of similar size in the UK market ($USD2.35M).

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

CEO

Andy Marsh (68 yo)

16.7yrs

Tenure

US$7,252,805

Compensation

Mr. Andrew J. Marsh, also known as Andy, has been the Chief Executive Officer and President of Plug Power Inc. since April 8, 2008. Mr. Marsh Co-Founded Valere Power Inc. in 2001 and served as its Presiden...

Leadership Team

NamePositionTenureCompensationOwnership
Andrew Marsh
CEO & Director16.7yrsUS$7.25m0.096%
$ 2.2m
Sanjay K. Shrestha
Presidentless than a yearUS$3.66m0.019%
$ 434.6k
Paul Middleton
Executive VP & CFO10yrsUS$3.66m0.18%
$ 4.2m
Gerard Conway
EVP, Chief Legal Officer20.3yrsUS$3.81m0.039%
$ 903.9k
Jose Crespo
Chief Revenue Officerno dataUS$3.66m0.041%
$ 946.1k
Dean Fullerton
Chief Operating Officerless than a yearno datano data
Martin Hull
Chief Accounting Officer & Corporate Controller9.7yrsno data0.018%
$ 424.3k
Tim Cortes
Chief Technology Officer3.8yrsno datano data
Preeti Pande
Chief Marketing Officer3.8yrsno datano data
Tammy Kimble
Vice President of Human Resources4.9yrsno datano data
Rick Mason
Executive Vice President of Global Supply Chainno datano datano data
Keith Schmid
Executive Vice President of Special Projects11.9yrsUS$416.56k0.057%
$ 1.3m

7.3yrs

Average Tenure

57yo

Average Age

Experienced Management: 0R1J's management team is seasoned and experienced (7.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Andrew Marsh
CEO & Director16.7yrsUS$7.25m0.096%
$ 2.2m
George McNamee
Independent Chairman27.5yrsUS$517.08k0.11%
$ 2.5m
Gary Willis
Independent Director21.8yrsUS$317.08k0.057%
$ 1.3m
Mark Bonney
Director1.4yrsUS$197.41k0.0076%
$ 176.8k
Colin Angle
Directorless than a yearno data0.00018%
$ 4.2k
Patrick Joggerst
Director1.4yrsUS$190.25k0.0070%
$ 164.0k
Maureen Helmer
Independent Director20.9yrsUS$377.08k0.024%
$ 556.8k
Gregory Kenausis
Independent Director11.2yrsUS$299.14k0.036%
$ 844.7k
Kavita Mahtani
Independent Director2.7yrsUS$277.08k0.0099%
$ 230.2k
Kyungyeol Song
Independent Director3.8yrsno datano data

7.5yrs

Average Tenure

67yo

Average Age

Experienced Board: 0R1J's board of directors are considered experienced (7.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 12:13
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Plug Power Inc. is covered by 50 analysts. 27 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Moses SuttonBarclays
Moses SuttonBarclays