Plug Power Management
Management criteria checks 2/4
Plug Power's CEO is Andy Marsh, appointed in Apr 2008, has a tenure of 16.58 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 $1.68M. The average tenure of the management team and the board of directors is 5.3 years and 7.4 years respectively.
Key information
Andy Marsh
Chief executive officer
US$7.3m
Total compensation
| CEO salary percentage | 10.3% |
| CEO tenure | 16.6yrs |
| CEO ownership | 0.1% |
| Management average tenure | 5.3yrs |
| Board average tenure | 7.4yrs |
Recent management updates
Recent updates
Plug Power: Potential Asymmetric Upside
Nov 05Plug Power: Poor Results But Upgrading On Margin Progress - Hold
Aug 26Plug Power's Strategy Looks Poised To Bear Fruit
Aug 15Plug Power: Stock Offering Ahead Of Q2 Results Is A Huge Red Flag - Sell
Jul 19Plug Power: Broken Growth Story Needs More Than Just Hope
Jul 01Plug Power Inc.'s (NASDAQ:PLUG) Popularity With Investors Under Threat As Stock Sinks 27%
Jun 29
Plug Power Inc.'s (NASDAQ:PLUG) Stock Retreats 27% But Revenues Haven't Escaped The Attention Of Investors
Apr 23Plug Power: Don't Be Early On A Longshot
Apr 04Revenues Not Telling The Story For Plug Power Inc. (NASDAQ:PLUG) After Shares Rise 32%
Feb 16Plug Power: $1 Billion ATM Facility Likely To Result In Major Dilution - Sell
Jan 18There's Reason For Concern Over Plug Power Inc.'s (NASDAQ:PLUG) Massive 30% Price Jump
Dec 26Is It Time To Consider Buying Plug Power Inc. (NASDAQ:PLUG)?
Aug 19Plug Power Inc.'s (NASDAQ:PLUG) Earnings Haven't Escaped The Attention Of Investors
Jul 06Is Plug Power (NASDAQ:PLUG) Using Debt In A Risky Way?
Jun 18Plug Power Inc.'s (NASDAQ:PLUG) Intrinsic Value Is Potentially 78% Above Its Share Price
Apr 17Rock star Growth Puts Plug Power (NASDAQ:PLUG) In A Position To Use Debt
Feb 26A Look At The Intrinsic Value Of Plug Power Inc. (NASDAQ:PLUG)
Jan 03What Is Plug Power Inc.'s (NASDAQ:PLUG) Share Price Doing?
Dec 16Plug Power: Revised Projections Might Still Prove Aggressive
Oct 17CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$1b |
| Jun 30 2024 | n/a | n/a | -US$1b |
| Mar 31 2024 | n/a | n/a | -US$1b |
| Dec 31 2023 | US$7m | US$750k | -US$1b |
| Sep 30 2023 | n/a | n/a | -US$950m |
| Jun 30 2023 | n/a | n/a | -US$837m |
| Mar 31 2023 | n/a | n/a | -US$774m |
| Dec 31 2022 | US$767k | US$750k | -US$724m |
| Sep 30 2022 | n/a | n/a | -US$693m |
| Jun 30 2022 | n/a | n/a | -US$629m |
| Mar 31 2022 | n/a | n/a | -US$556m |
| Dec 31 2021 | US$52m | US$750k | -US$460m |
| Sep 30 2021 | n/a | n/a | -US$751m |
| Jun 30 2021 | n/a | n/a | -US$710m |
| Mar 31 2021 | n/a | n/a | -US$619m |
| Dec 31 2020 | US$14m | US$676k | -US$596m |
| Sep 30 2020 | n/a | n/a | -US$130m |
| Jun 30 2020 | n/a | n/a | -US$83m |
| Mar 31 2020 | n/a | n/a | -US$92m |
| Dec 31 2019 | US$4m | US$600k | -US$86m |
| Sep 30 2019 | n/a | n/a | -US$84m |
| Jun 30 2019 | n/a | n/a | -US$82m |
| Mar 31 2019 | n/a | n/a | -US$89m |
| Dec 31 2018 | US$3m | US$600k | -US$86m |
| Sep 30 2018 | n/a | n/a | -US$81m |
| Jun 30 2018 | n/a | n/a | -US$106m |
| Mar 31 2018 | n/a | n/a | -US$123m |
| Dec 31 2017 | US$3m | US$600k | -US$130m |
Compensation vs Market: Andy's total compensation ($USD7.25M) is above average for companies of similar size in the US market ($USD5.38M).
Compensation vs Earnings: Andy's compensation has increased whilst the company is unprofitable.
CEO
Andy Marsh (68 yo)
16.6yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 16.6yrs | US$7.25m | 0.096% $ 1.7m | |
| President | no data | US$3.66m | 0.019% $ 325.9k | |
| Executive VP & CFO | 9.9yrs | US$3.66m | 0.035% $ 612.7k | |
| Executive VP | 20.2yrs | US$3.81m | 0.039% $ 677.9k | |
| Executive VP & GM of Material Handling | 1.5yrs | US$3.66m | 0.041% $ 709.6k | |
| Chief Operating Officer | less than a year | no data | no data | |
| Chief Accounting Officer & Corporate Controller | 9.6yrs | no data | 0.018% $ 318.2k | |
| Chief Technology Officer | 3.7yrs | no data | no data | |
| Chief Marketing Officer | 3.8yrs | no data | no data | |
| Vice President of Human Resources | 4.8yrs | no data | no data | |
| Executive Vice President of Special Projects | 11.8yrs | US$416.56k | 0.057% $ 1.0m | |
| Executive Vice President of Service | 5.8yrs | no data | no data |
5.3yrs
Average Tenure
57yo
Average Age
Experienced Management: PLUG's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 16.6yrs | US$7.25m | 0.096% $ 1.7m | |
| Independent Chairman | 27.4yrs | US$517.08k | 0.11% $ 1.9m | |
| Independent Director | 21.7yrs | US$317.08k | 0.057% $ 1.0m | |
| Director | 1.3yrs | US$197.41k | 0.0076% $ 132.6k | |
| Director | less than a year | no data | 0.00018% $ 3.1k | |
| Director | 1.3yrs | US$190.25k | 0.0070% $ 123.0k | |
| Independent Director | 20.8yrs | US$377.08k | 0.024% $ 417.6k | |
| Independent Director | 11.1yrs | US$299.14k | 0.036% $ 633.5k | |
| Independent Director | 2.6yrs | US$277.08k | 0.0099% $ 172.7k | |
| Independent Director | 3.8yrs | no data | no data |
7.4yrs
Average Tenure
67yo
Average Age
Experienced Board: PLUG's board of directors are considered experienced (7.4 years average tenure).