Companies EVgo Inc.
EVgo (EVGO): executive pay, fiscal 2025
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CEO pay, last three years
- $4,340,935FY2023
- $5,093,394FY2024
- $4,714,724FY2025
CEO total pay was $4,714,724 in fiscal 2025, down from $5,093,394 in fiscal 2024.
FY2025: salary $733,333 · bonus $0 · stock awards $3,296,298 · option awards $0
Executives and directors
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Badar Khan | $733,333 | $0 | $3,296,298 | $0 | $677,013 | $0 | $8,080 | $4,714,724 |
| CEO and Director | ||||||||
| Dennis Kish | 468,333 | 0 | 1,795,555 | 0 | 410,204 | 0 | 7,677 | 2,681,769 |
| President | ||||||||
| Paul Dobson | 413,750 | 0 | 1,299,144 | 0 | 224,418 | 0 | 7,599 | 1,944,911 |
| Former Chief Financial Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Badar Khan | $4,714,724 | $5,093,394 | $4,340,935 | ↓ −378,670 |
| Dennis Kish | 2,681,769 | 3,706,810 | 2,454,374 | ↓ −1,025,041 |
| Paul Dobson | 1,944,911 | 899,162 | — | ↑ +1,045,749 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
Our compensation policies and philosophies are designed to align compensation with business objectives, while also enabling the Company to attract, motivate and retain individuals who contribute to the Company’s long-term success.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Pay Governance |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Dennis Kish | RSU | 29,312 | — | $85,298 |
| Paul Dobson | RSU | 37,386 | — | 108,793 |
| Badar Khan | Option | 39,512 | 2.76 | — |
| Dennis Kish | Option | 41,068 | 7.79 | — |
| Paul Dobson | PSU | 45,272 | — | 131,742 |
| Dennis Kish | RSU | 52,084 | — | 151,564 |
| Paul Dobson | PSU | 72,860 | — | 212,023 |
| Dennis Kish | PSU | 148,149 | — | 431,114 |
| Paul Dobson | PSU | 202,991 | — | 590,705 |
| Badar Khan | RSU | 262,011 | — | 762,452 |
| Paul Dobson | RSU | 270,655 | — | 787,606 |
| Dennis Kish | RSU | 277,778 | — | 808,334 |
| Dennis Kish | PSU | 280,556 | — | 816,417 |
| Badar Khan | PSU | 284,900 | — | 829,059 |
| Dennis Kish | PSU | 336,375 | — | 978,851 |
| Dennis Kish | RSU | 374,074 | — | 1,088,555 |
| Badar Khan | PSU | 427,351 | — | 1,243,591 |
| Badar Khan | RSU | 444,445 | — | 1,293,335 |
| Badar Khan | PSU | 538,200 | — | 1,566,162 |
| Badar Khan | PSU | 547,731 | — | 1,593,897 |
| Badar Khan | RSU | 569,801 | — | 1,658,121 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Katherine MotlaghIndependent · Lead Independent Director · Compensation · Audit (Chair) · Nominating and Governance | $85,000 | $163,048 | — | — | $0 | $248,048 |
| Scott GriffithIndependent · Compensation · Audit · Nominating/Governance | 75,000 | 163,048 | — | — | 0 | 238,048 |
| Jonathan SeeligIndependent · Nominating/Governance (Chair) · Compensation · Audit | 77,500 | 145,206 | — | — | 0 | 222,706 |
| Badar KhanEmployee director | — | — | — | — | — | 0 |
| Darpan KapadiaNot independent | — | — | — | — | — | — |
| Paul SegalNot independent | — | — | — | — | — | — |
| David NanusIndependent · Board Chair · Compensation | — | — | — | — | 0 | — |
| Peter AndersonIndependent · Compensation (Chair) | — | — | — | — | 0 | — |
| Joseph EstevesNot independent | — | — | — | — | — | — |
Board fee structure and ownership guideline
| Annual cash retainer | $50,000 |
|---|---|
| Annual equity retainer | $160,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 15,000 / 10,000 |
| Stock ownership guideline | Our Stock Ownership Guidelines for Board members and certain executives, including our NEOs, require individual ownership of a specified value of our common stock by the later of April 18, 2028 or within five years from becoming a covered director or executive. |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $237,500 |
| Equity awards (grant-date value) | $471,302 |
| All other compensation | $0 |
| Total cost of the board | $708,802 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names EVgo as a peer
Companies that benchmark against EVGO
4 companies name EVGO as a compensation peer
- Blink Charging Co.BLNKFY2025
- ChargePoint Holdings, Inc.CHPTFY2026
- NUSCALE POWER CorpSMRFY2025
- Strata Critical Medical, Inc.SRTAFY2025
Each company listed discloses EVGO in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named EVGO in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
Disclosed peer group — fiscal year 2025
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Peer reciprocity
The companies EVgo Inc. names as compensation peers that name it back in their own disclosed peer groups.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Sunrun Inc. | 2025 | Mary Powell | $850,000 | $5,767,490 | $0 | $1,698,300 | $8,331,132 |
| 2 | Fluence Energy, Inc. | 2025 | Julian Nebreda | 965,000 | 4,400,030 | 1,100,001 | 425,763 | 6,909,044 |
| 3 | Array Technologies, Inc. | 2025 | Kevin Hostetler | 869,135 | 4,776,334 | 0 | 1,126,563 | 6,803,799 |
| 4 | Energy Vault Holdings, Inc. | 2025 | Robert Piconi | 901,164 | 2,383,250 | 0 | 1,247,277 | 6,432,731 |
| 5 | Shoals Technologies Group, Inc. | 2025 | Brandon Moss | 791,666 | 4,400,002 | 0 | 699,200 | 5,961,218 |
| 6 | Sunnova Energy International Inc. | 2023 | William Berger | 620,833 | 489,645 | 4,000,000 | 734,468 | 5,865,040 |
| 7 | EVgo Inc. | 2025 | Badar Khan | 733,333 | 3,296,298 | 0 | 677,013 | 4,714,724 |
| 8 | ChargePoint Holdings, Inc. | 2026 | Rick Wilmer | 625,000 | 3,481,013 | 0 | 0 | 4,106,013 |
| 9 | Ormat Technologies, Inc. | 2025 | Doron Blachar | 641,062 | 2,000,000 | 0 | 816,000 | 3,618,005 |
| 10 | Bloom Energy Corporation | 2025 | KR Sridhar | 935,385 | 0 | 0 | 2,470,000 | 3,502,747 |
| 11 | Altus Power, Inc. | 2023 | Gregg Felton | 550,000 | 2,944,134 | 0 | 0 | 3,494,134 |
| 12 | Ameresco, Inc. | 2025 | George Sakellaris | 1,500,000 | 155,100 | 1,385,999 | 0 | 3,339,804 |
| 13 | Opal Fuels Inc. | 2025 | Jonathan Maurer | 614,808 | 1,600,000 | 400,000 | — | 3,035,118 |
| 14 | Clearway Energy, Inc. | 2025 | Craig Cornelius | 0 | 2,899,181 | 0 | 0 | 2,899,181 |
| 15 | FuelCell Energy, Inc. | 2025 | Jason Few | 582,036 | 1,420,380 | 0 | 686,376 | 2,752,725 |
| 16 | Clean Energy Fuels Corp. | 2025 | Andrew Littlefair | 787,062 | 947,868 | 0 | 867,973 | 2,698,546 |
| 17 | Plug Power Inc. | 2025 | Jose Luis Crespo | 397,471 | 0 | 1,196,250 | 526,400 | 2,618,833 |
| 18 | Blink Charging Co. | 2025 | Michael Battaglia | 571,315 | 37,107 | 0 | 0 | 805,635 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Incentive design against the same peers
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| EVgo Inc. | not disclosed | PSU 60 · RSU 40 | not disclosed | Pay Governance |
| Altus Power, Inc. | not disclosed | not disclosed | No | Pearl Meyer |
| Ameresco, Inc. | 95% | not disclosed | No | FW Cook |
| Array Technologies, Inc. | 103% | RSU 50 · PSU 50 | No | Pay Governance |
| Blink Charging Co. | not disclosed | not disclosed | not disclosed | Korn Ferry |
| Bloom Energy Corporation | 200% | RSU 50 · PSU 50 | No | Meridian |
| ChargePoint Holdings, Inc. | not disclosed | PSU 75 · RSU 25 | No | FW Cook |
| Clean Energy Fuels Corp. | 111% | RSU 50 · PSU 50 | No | Semler Brossy |
| Clearway Energy, Inc. | 123% | PSU 67 · RSU 33 | Yes — Relative TSR | Pay Governance |
| Energy Vault Holdings, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Fluence Energy, Inc. | 36% | PSU 40 · RSU 40 · Options 20 | No | Pay Governance |
| FuelCell Energy, Inc. | 100% | PSU 50 · RSU 50 | Yes — Relative TSR (Russell 2000 Index) | Meridian Compensation Partners, LLC |
| Opal Fuels Inc. | not disclosed | not disclosed | not disclosed | Korn Ferry |
| Ormat Technologies, Inc. | 97% | PSU 60 · RSU 40 | Yes — Relative TSR | F.W. Cook & Co. |
| Plug Power Inc. | not disclosed | Option 100 | not disclosed | Frederic W. Cook & Co., Inc. |
| Shoals Technologies Group, Inc. | 74% | not disclosed | No | Pay Governance |
| Sunnova Energy International Inc. | 126% | Options 100 | not disclosed | Pearl Meyer |
| Sunrun Inc. | 133.2% | PSU 60 · RSU 40 | Yes — Relative Total Shareholder Return (rTSR) | Meridian Compensation Partners |
Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-14 | 224,536,490 | 2,396,626 | 439,990 | 98.75% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-05-14 | 98.75%a |
a. Approved under the standard stated in the filing — “Abstentions will have the same effect as votes cast "Against" the proposal.”.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (35 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Badar Khan. DEF 14A, filed 2026-04-03. Section “Summary Compensation Table” · page 23. As printed: 4,714,724. View filing ↗
- Section 01, Dennis Kish. DEF 14A, filed 2026-04-03. Section “Summary Compensation Table” · page 23. As printed: 2,681,769. View filing ↗
- Section 01, Paul Dobson. DEF 14A, filed 2026-04-03. Section “Summary Compensation Table” · page 23. As printed: 1,944,911. View filing ↗
- Section 08, Katherine Motlagh. DEF 14A, filed 2026-04-03. Section “Director Compensation”. As printed: 248,048. View filing ↗
- Section 08, Scott Griffith. DEF 14A, filed 2026-04-03. Section “Director Compensation”. As printed: 238,048. View filing ↗
- Section 08, Jonathan Seelig. DEF 14A, filed 2026-04-03. Section “Director Compensation”. As printed: 222,706. View filing ↗
- Section 08, Badar Khan. DEF 14A, filed 2026-04-03. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Darpan Kapadia. DEF 14A, filed 2026-04-03. Section “Director Compensation”. As printed: —. View filing ↗
- Section 08, Paul Segal. DEF 14A, filed 2026-04-03. Section “Director Compensation”. As printed: —. View filing ↗
- Section 08, David Nanus. DEF 14A, filed 2026-04-03. Section “Director Compensation”. As printed: —. View filing ↗
- Section 08, Peter Anderson. DEF 14A, filed 2026-04-03. Section “Director Compensation”. As printed: —. View filing ↗
- Section 08, Joseph Esteves. DEF 14A, filed 2026-04-03. Section “Director Compensation”. As printed: —. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-05-19. Item 5.07 · say-on-pay result. As reported: 98.75% (votes for as printed: 224,536,490). View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 237,500 + equity 471,302 + all other 0 = 708,802, summed across the director compensation table rows.
- Sunrun Inc., Section 10b CEO total. DEF 14A, filed 2026-04-15. CEO total compensation as printed in Sunrun Inc.'s own proxy. As printed: 8,331,132. View filing ↗
- Fluence Energy, Inc., Section 10b CEO total. DEF 14A, filed 2026-01-26. CEO total compensation as printed in Fluence Energy, Inc.'s own proxy. As printed: 6,909,044. View filing ↗
- Array Technologies, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-07. CEO total compensation as printed in Array Technologies, Inc.'s own proxy. As printed: 6,803,799. View filing ↗
- Energy Vault Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-17. CEO total compensation as printed in Energy Vault Holdings, Inc.'s own proxy. As printed: 6,432,731. View filing ↗
- Shoals Technologies Group, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-20. CEO total compensation as printed in Shoals Technologies Group, Inc.'s own proxy. As printed: 5,961,218. View filing ↗
- Sunnova Energy International Inc., Section 10b CEO total. DEF 14A, filed 2024-04-04. CEO total compensation as printed in Sunnova Energy International Inc.'s own proxy. As printed: 5,865,040. View filing ↗
- EVgo Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-03. CEO total compensation as printed in EVgo Inc.'s own proxy. As printed: 4,714,724. View filing ↗
- ChargePoint Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-05-28. CEO total compensation as printed in ChargePoint Holdings, Inc.'s own proxy. As printed: 4,106,013. View filing ↗
- Ormat Technologies, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-21. CEO total compensation as printed in Ormat Technologies, Inc.'s own proxy. As printed: 3,618,005. View filing ↗
- Bloom Energy Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-08. CEO total compensation as printed in Bloom Energy Corporation's own proxy. As printed: 3,502,747. View filing ↗
- Altus Power, Inc., Section 10b CEO total. DEF 14A, filed 2024-04-11. CEO total compensation as printed in Altus Power, Inc.'s own proxy. As printed: 3,494,134. View filing ↗
- Ameresco, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in Ameresco, Inc.'s own proxy. As printed: 3,339,804. View filing ↗
- Opal Fuels Inc., Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in Opal Fuels Inc.'s own proxy. As printed: 3,035,118. View filing ↗
- Clearway Energy, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-24. CEO total compensation as printed in Clearway Energy, Inc.'s own proxy. As printed: 2,899,181. View filing ↗
- FuelCell Energy, Inc., Section 10b CEO total. DEF 14A, filed 2026-02-18. CEO total compensation as printed in FuelCell Energy, Inc.'s own proxy. As printed: 2,752,725. View filing ↗
- Clean Energy Fuels Corp., Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in Clean Energy Fuels Corp.'s own proxy. As printed: 2,698,546. View filing ↗
- Plug Power Inc., Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in Plug Power Inc.'s own proxy. As printed: 2,618,833. View filing ↗
- Blink Charging Co., Section 10b CEO total. DEF 14A, filed 2026-05-20. CEO total compensation as printed in Blink Charging Co.'s own proxy. As printed: 805,635. View filing ↗
- Section 10a, Blink Charging Co. reciprocity. DEF 14A. Blink Charging Co. names EVgo Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, ChargePoint Holdings, Inc. reciprocity. DEF 14A. ChargePoint Holdings, Inc. names EVgo Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗