Companies Opal Fuels Inc.
Opal Fuels (OPAL): executive pay, fiscal 2025
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CEO pay, last three years
- $2,490,284FY2023
- $3,006,808FY2024
- $3,010,261FY2025
CEO total pay was $3,010,261 in fiscal 2025, up from $3,006,808 in fiscal 2024.
FY2025: salary $614,808 · bonus $395,453 · stock awards $1,600,000 · option awards $400,000
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 |
|---|---|---|---|---|---|---|---|---|
| Kazi Hasan | $432,692 | $459,506 | $1,680,000 | $420,000 | — | — | $193,533 | $3,185,731 |
| Chief Financial Officer | ||||||||
| Jonathan Maurer | 614,808 | 395,453 | 1,600,000 | 400,000 | — | — | 24,857 | 3,035,118 |
| Co-Chief Executive Officer | ||||||||
| Adam Comora | 614,808 | 395,453 | 1,600,000 | 400,000 | — | — | — | 3,010,261 |
| Co-Chief Executive Officer | ||||||||
| John Coghlin | 430,616 | 266,407 | 640,000 | 160,000 | — | — | 13,760 | 1,510,783 |
| General Counsel | ||||||||
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 |
|---|---|---|---|---|
| Kazi Hasan | $3,185,731 | — | — | — |
| Jonathan Maurer | 3,035,118 | 3,031,310 | 2,517,255 | ↑ +3,808 |
| Adam Comora | 3,010,261 | 3,006,808 | 2,490,284 | ↑ +3,453 |
| John Coghlin | 1,510,783 | 2,169,600 | 1,467,245 | ↓ −658,817 |
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
The Company's compensation program consists primarily of base salary, short-term annual incentive awards, long-term equity incentives and benefit and perquisite programs.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Korn Ferry |
| 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 |
|---|---|---|---|---|
| John Coghlin | Option | 8,872 | 6.97 | — |
| John Coghlin | RSU | 10,847 | — | 25,598 |
| John Coghlin | RSU | 16,739 | — | 39,503 |
| Comora | Option | 19,012 | 6.97 | — |
| Jonathan Maurer | Option | 19,012 | 6.97 | — |
| John Coghlin | RSU | 22,440 | — | 52,958 |
| Comora | RSU | 23,243 | — | 54,853 |
| Jonathan Maurer | RSU | 23,243 | — | 54,853 |
| John Coghlin | Option | 27,451 | 5.02 | — |
| Comora | RSU | 35,869 | — | 84,651 |
| Jonathan Maurer | RSU | 35,869 | — | 84,651 |
| John Coghlin | RSU | 50,509 | — | 119,201 |
| Comora | RSU | 64,113 | — | 151,307 |
| Jonathan Maurer | RSU | 64,113 | — | 151,307 |
| Comora | Option | 78,432 | 5.02 | — |
| Jonathan Maurer | Option | 78,432 | 5.02 | — |
| John Coghlin | Option | 111,112 | 1.53 | — |
| Comora | RSU | 126,273 | — | 298,004 |
| Jonathan Maurer | RSU | 126,273 | — | 298,004 |
| Comora | RSU | 134,409 | — | 317,205 |
| Jonathan Maurer | RSU | 134,409 | — | 317,205 |
| John Coghlin | RSU | 195,772 | — | 462,022 |
| John Coghlin | RSU | 208,334 | — | 491,669 |
| Comora | Option | 277,778 | 1.53 | — |
| Jonathan Maurer | Option | 277,778 | 1.53 | — |
| Kazi Hasan | Option | 291,667 | 1.53 | — |
| Kazi Hasan | RSU | 312,904 | — | 738,453 |
| Comora | RSU | 489,429 | — | 1,155,052 |
| Jonathan Maurer | RSU | 489,429 | — | 1,155,052 |
| Kazi Hasan | RSU | 513,900 | — | 1,212,804 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Ashok VemuriIndependent · Compensation · Audit (Chair) | $90,000 | $135,000 | — | — | — | $225,000 |
| James MartellIndependent · Audit | 75,000 | 135,000 | — | — | — | 210,000 |
| Mark ComoraNot independent · Board Chair · Compensation | 75,000 | 135,000 | — | — | — | 210,000 |
| Nadeem NisarIndependent · Compensation | 70,000 | 135,000 | — | — | — | 205,000 |
| Scott DolsIndependent · Audit | 68,042 | 135,000 | — | — | — | 203,042 |
| Betsy L. BattleNot independent · Compensation | 60,000 | 135,000 | — | — | — | 195,000 |
| Kevin Fogarty | 39,667 | 135,000 | — | — | — | 174,667 |
| Lance MollIndependent · Compensation | 15,000 | 67,500 | — | — | — | 82,500 |
| Scott SuttonIndependent · Compensation | 11,667 | 56,250 | — | — | — | 67,917 |
Board fee structure and ownership guideline
| Annual cash retainer | $60,000 |
|---|---|
| Annual equity retainer | $130,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 5,000 / 5,000 |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $504,376 |
| Equity awards (grant-date value) | $1,068,750 |
| All other compensation | $0 |
| Total cost of the board | $1,573,126 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Opal Fuels as a peer
Companies that benchmark against OPAL
2 companies name OPAL as a compensation peer
- EVgo Inc.EVGOFY2025
- Gevo, Inc.GEVOFY2025
Each company listed discloses OPAL 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 OPAL in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
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 | Opal Fuels Inc. | 2025 | Adam Comora | $614,808 | $1,600,000 | $400,000 | — | $3,010,261 |
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.
Say-on-pay history and pay ratio
No say-on-pay vote is on file for this company.
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (16 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, Kazi Hasan. DEF 14A, filed 2026-04-23. Section “Executive Compensation”. As printed: 3,185,731. View filing ↗
- Section 01, Jonathan Maurer. DEF 14A, filed 2026-04-23. Section “Executive Compensation” · page 24. As printed: 3,035,118. View filing ↗
- Section 01, Adam Comora. DEF 14A, filed 2026-04-23. Section “Executive Compensation”. As printed: 3,010,261. View filing ↗
- Section 01, John Coghlin. DEF 14A, filed 2026-04-23. Section “Executive Compensation”. As printed: 1,510,783. View filing ↗
- Section 08, Ashok Vemuri. DEF 14A, filed 2026-04-23. Section “Director Compensation”. As printed: 225,000. View filing ↗
- Section 08, James Martell. DEF 14A, filed 2026-04-23. Section “Director Compensation”. As printed: 210,000. View filing ↗
- Section 08, Mark Comora. DEF 14A, filed 2026-04-23. Section “Director Compensation”. As printed: 210,000. View filing ↗
- Section 08, Nadeem Nisar. DEF 14A, filed 2026-04-23. Section “Director Compensation”. As printed: 205,000. View filing ↗
- Section 08, Scott Dols. DEF 14A, filed 2026-04-23. Section “Director Compensation”. As printed: 203,042. View filing ↗
- Section 08, Betsy L. Battle. DEF 14A, filed 2026-04-23. Section “Director Compensation”. As printed: 195,000. View filing ↗
- Section 08, Kevin Fogarty. DEF 14A, filed 2026-04-23. Section “Director Compensation”. As printed: 174,667. View filing ↗
- Section 08, Lance Moll. DEF 14A, filed 2026-04-23. Section “Director Compensation”. As printed: 82,500. View filing ↗
- Section 08, Scott Sutton. DEF 14A, filed 2026-04-23. Section “Director Compensation”. As printed: 67,917. 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 504,376 + equity 1,068,750 + all other 0 = 1,573,126, summed across the director compensation table rows.
- Opal Fuels Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in Opal Fuels Inc.'s own proxy. As printed: 3,010,261. View filing ↗