PLUG · Plug Power Inc

$2.32 +0.02 (+0.87%) At close · Aug 14

Market Cap

$3.20B

1.40B

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Andrew Marsh	CEO	$791,878	—	—	$2,655,000	$929,600	$24,175	$4,400,653
Andrew J. Marsh	Non-Executive Chairman and Former Executive Chairman and Chief Executive Officer	$791,878	—	—	$2,655,000	$929,600	$24,175	$4,400,653
Paul Middleton	Chief Financial Officer and Executive Vice President	$546,407	$2,100,000	—	—	$672,000	$21,112	$3,339,519
Dean Fullerton	COO	$559,059	$550,000	—	$1,270,500	$638,400	$21,112	$3,039,071
Dean C. Fullerton	Chief Operating Officer	$559,059	$550,000	—	$1,270,500	$638,400	$21,112	$3,039,071
Jose Luis Crespo	Chief Executive Officer and President	$397,471	$477,600	—	$1,196,250	$526,400	$21,112	$2,618,833
Benjamin Haycraft	Chief Strategy Officer and General Manager EMEA Region	$482,175	$175,386	$130,334	$1,050,000	$417,537	$3,457	$2,258,889

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Paul Middleton	Chief Financial Officer, Chief Accounting Officer and Executive Vice President	$444,770	$710,000	$2,830,002	$806,250	—	$20,862	$4,811,884
Sanjay Shrestha	—	$435,462	$1,250,000	—	$806,250	—	$19,182	$2,510,894
Sanjay K. Shrestha	President	$435,462	$1,250,000	—	$806,250	—	$19,182	$2,510,894
Andrew Marsh	CEO	$783,654	—	—	$1,612,500	—	$23,925	$2,240,079
Andrew J. Marsh	Chief Executive Officer	$783,654	—	—	$1,612,500	—	$23,925	$2,240,079
Dean Fullerton	COO	$232,693	$825,000	—	$965,000	—	$1,582	$2,024,275
Dean C. Fullerton	Chief Operating Officer	$232,693	$825,000	—	$965,000	—	$1,582	$2,024,275
General Counsel	Corporate Secretary and Executive Vice President	$426,923	$110,000	$330,001	$806,250	—	$22,794	$1,695,968
Jose Luis Crespo	Chief Executive Officer and President	$375,607	$110,000	$330,001	$806,250	—	$20,862	$1,642,720

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Andrew Marsh	CEO	$750,000	—	—	$6,485,000	—	$17,805	$7,252,805
Andrew J. Marsh	Chief Executive Officer	$750,000	—	—	$6,485,000	—	$17,805	$7,252,805
Gerard L. Conway	General Counsel, Corporate Secretary and Executive Vice President	$400,000	$150,000	—	$3,242,500	—	$17,805	$3,810,305
General Counsel	Corporate Secretary and Executive Vice President	$400,000	$150,000	—	$3,242,500	—	$17,805	$3,810,305
Paul Middleton	Chief Financial Officer, Chief Accounting Officer and Executive Vice President	$400,000	—	—	$3,242,500	—	$17,805	$3,660,305
Jose Luis Crespo	General Manager, Applications and Electrolyzers and Executive Vice President	$400,000	—	—	$3,242,500	—	$17,805	$3,660,305
Sanjay K. Shrestha	President	$400,000	—	—	$3,242,500	—	$17,805	$3,660,305
Sanjay Shrestha	—	$400,000	—	—	$3,242,500	—	$17,805	$3,660,305

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Andrew J. Marsh	President, Chief Executive Officer and Director	$750,000	—	—	—	—	$16,555	$766,555
Andrew Marsh	CEO	$750,000	—	—	—	—	$16,555	$766,555
Paul Middleton	Chief Financial Officer, Chief Accounting Officer and Executive Vice President	$400,000	—	—	—	—	$16,555	$416,555
Gerard L. Conway	General Counsel, Corporate Secretary and Executive Vice President	$400,000	—	—	—	—	$16,555	$416,555
Sanjay K. Shrestha	President	$400,000	—	—	—	—	$16,555	$416,555
Sanjay Shrestha	—	$400,000	—	—	—	—	$16,555	$416,555
Jose Luis Crespo	General Manager, Applications and Electrolyzers and Executive Vice President	$400,000	—	—	—	—	$16,555	$416,555
General Counsel	Corporate Secretary and Executive Vice President	$400,000	—	—	—	—	$16,555	$416,555
Keith Schmid	Executive Vice President, Special Projects	$400,000	—	—	—	—	$16,555	$416,555

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Andrew J. Marsh	President, Chief Executive President	$750,000	—	—	$50,800,000	$682,500	$15,805	$52,248,305
Andrew Marsh	—	$750,000	—	—	$50,800,000	$682,500	$15,805	$52,248,305
Paul Middleton	Chief Financial Officer and Executive Vice President	$392,692	—	—	$25,400,000	$364,000	$15,805	$26,172,497
Sanjay K. Shrestha	General Manager, Energy Solutions, Chief Strategy Officer, and Executive Vice President	$381,731	—	—	$25,400,000	$364,000	$15,805	$26,161,536
Sanjay Shrestha	—	$381,731	—	—	$25,400,000	$364,000	$15,805	$26,161,536
Gerard L. Conway	General Counsel, Corporate Secretary and Executive Vice President	$363,462	—	—	$22,860,000	$364,000	$15,743	$23,603,205
Jose Luis Crespo	General Manager, Applications and Electrolyzers and Executive Vice President	$400,000	—	—	$16,510,000	$364,000	$15,805	$17,289,805
Keith Schmid	Executive Vice President, Special Projects	$400,000	—	—	$16,510,000	$364,000	$15,805	$17,289,805

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Andrew J. Marsh	President, Chief Executive Officer and Director	$676,442	$581,250	$7,260,000	$4,178,075	$918,750	$15,555	$13,630,072
Andrew Marsh	CEO	$676,442	$581,250	$7,260,000	$4,178,075	$918,750	$15,555	$13,630,072
Sanjay Shrestha	—	$338,222	$290,625	$2,970,000	$1,709,213	$459,375	$15,361	$5,782,796
Sanjay K. Shrestha	General Manager, Energy Solutions, Chief Strategy Officer, and Executive Vice President	$338,222	$290,625	$2,970,000	$1,709,213	$459,375	$15,361	$5,782,796
Keith Schmid	Executive Vice President, Special Projects	$393,317	$310,000	$2,640,000	$1,519,300	$490,000	$15,555	$5,368,172
Paul Middleton	Chief Financial Officer and Executive Vice President	$387,188	$302,250	$2,640,000	$1,519,300	$477,750	$15,555	$5,342,043
Jose Luis Crespo	General Manager, Applications and Executive Vice President Dirk Ole Hoefelmann Former General Manager, Electrolyzers and Executive Vice President	$227,692	$356,501	$2,310,000	$1,368,150	$563,500	$15,026	$4,840,869
Gerard L. Conway	General Counsel, Corporate Secretary and Executive Vice President	$345,481	$203,437	$2,310,000	$1,329,388	$321,563	$15,429	$4,525,298

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Andrew Marsh	CEO	$600,000	—	$1,449,500	$999,700	$631,200	$15,170	$3,695,570
Andrew J. Marsh	President, Chief Executive Officer and Director	$600,000	—	$1,449,500	$999,700	$631,200	$15,170	$3,695,570
Keith Schmid	Chief Operating Officer and Senior Vice President	$391,000	—	$557,500	$384,500	$411,332	$15,170	$1,759,502
Paul Middleton	Chief Financial Officer and Executive Vice President	$375,000	—	$557,500	$384,500	$394,500	$15,170	$1,726,670
Jose Luis Crespo	Vice President-Global Sales	$220,000	—	$446,000	$307,600	$505,340	$14,668	$1,493,608
Gerard L. Conway	General Counsel, Corporate Secretary and Executive Vice President	$335,000	—	$446,000	$307,600	$264,315	$15,054	$1,367,969
Sanjay Shrestha	—	$306,538	—	$346,500	$249,150	$300,000	$9,033	$1,211,221
Sanjay K. Shrestha	General Manager, Energy Solutions, Chief Strategy Officer, and Executive Vice President Dirk Ole Hoefelmann General Manager, Electrolyzers and Executive Vice President	$306,538	—	$346,500	$249,150	$300,000	$9,033	$1,211,221

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Andrew Marsh	CEO	$600,000	—	$980,000	$775,000	$300,000	$14,920	$2,669,920
Andrew J. Marsh	President, Chief Executive Officer and Director	$600,000	—	$980,000	$775,000	$300,000	$14,920	$2,669,920
Keith Schmid	Chief Operating Officer and Senior Vice President	$391,000	—	$490,000	$387,500	$195,500	$14,920	$1,478,920
Paul Middleton	Chief Financial Officer and Senior Vice President	$375,000	—	$392,000	$310,000	$187,500	$14,920	$1,279,420
Jose Luis Crespo	Vice President-Global Sales	$220,000	—	$392,000	$310,000	$220,000	$14,691	$1,156,691
General Counsel	Corporate Secretary and Senior Vice President	$301,154	—	$392,000	$310,000	$125,625	$14,691	$1,143,470

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Andrew J. Marsh	President, Chief Executive Officer and Director	$600,000	—	—	$2,366,000	$150,000	$14,670	$3,130,670
Andrew Marsh	CEO	$600,000	—	—	$2,366,000	$150,000	$14,670	$3,130,670
Keith Schmid	Chief Operating Officer and Senior Vice President	$391,000	—	—	$1,098,500	$97,750	$14,670	$1,601,920
Paul Middleton	Chief Financial Officer and Senior Vice President	$375,000	—	—	$929,500	$93,750	$14,670	$1,412,920
Jose Luis Crespo	Vice President-Global Sales	$220,000	—	—	$549,250	$220,000	$14,188	$1,003,438
General Counsel	Corporate Secretary and Senior Vice President	$280,000	—	—	$549,250	$52,500	$14,345	$896,095

Executive changes

Person	Role	Change	Effective	Filed
Kavita Mahtani	Class I director of the Board of Directors	Resigned	2026-06-11	2026-06-04
Jose Luis Crespo	director	Appointed	2026-03-04	2026-03-10
George McNamee	Lead Director of the Board	Appointed	2025-10-10	2025-10-07
Andrew J. Marsh	Executive Chair of the Board	Appointed	2025-10-10	2025-10-07
Jose Luis Crespo	President	Appointed	2025-10-10	2025-10-07
Sanjay Shrestha	President	Resigned	2025-10-10	2025-10-07
Sanjay K. Shrestha	President	Appointed	2024-11-13	2024-11-13
Colin Angle	director	Appointed	2024-08-16	2024-08-22
Dean C. Fullerton	Chief Operating Officer	Appointed	2024-07-29	2024-08-02
Mark J. Bonney	Class II director and Chair of the Audit Committee	Appointed	2023-07-10	2023-07-10
Patrick Joggerst	Class III director	Appointed	2023-07-10	2023-07-10
Gary K. Willis	member of the Board's Nominating and Corporate Governance Committee	Appointed	—	2023-07-10
Jonathan M. Silver	Class III director of the Board and member of the Board's Nominating and Corporate Governance Committee and Regulatory Affairs C	Resigned	2023-07-10	2023-07-10
Jean A. Bua	Class II director of the Board of Directors and Chair of the Board's Audit Committee	Resigned	2023-07-05	2023-07-10
Kyungyeol Song	Class III Director	Appointed	2023-06-27	2023-06-29
Jonathan M. Silver	Class III Director	Appointed	2023-06-27	2023-06-29
Dirk Ole Hoefelmann	General Manager, Electrolyzers and Executive Vice President	Resigned	2023-04-01	2023-04-04
Kimberly A. Harriman	Class III director of the Board of Directors	Resigned	2022-07-26	2022-07-26

Key facts CIK 1093691 CUSIP 72919P202 13F (30d) 485 filings 459 filers Visit website Investor relations