Fiscal year 2023 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses AMPS 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 AMPS in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Lars Norell | $550,000 | $0 | $2,944,134 | $0 | $0 | — | $0 | $3,494,134 |
| Co-Chief Executive Officer | ||||||||
| Gregg Felton | 550,000 | 0 | 2,944,134 | 0 | 0 | — | 0 | 3,494,134 |
| Co-Chief Executive Officer | ||||||||
| Dustin Weber | 370,000 | 348,494 | 1,227,041 | 0 | 0 | — | 0 | 1,945,535 |
| Chief Financial Officer | ||||||||
| Anthony Savino | 370,000 | 0 | 1,466,066 | 0 | 0 | — | 0 | 1,836,066 |
| Chief Construction 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.
| Named executive officer | FY2023 total | FY2022 total | FY2021 total | Δ FY2022→2023 |
|---|---|---|---|---|
| Lars Norell | $3,494,134 | $16,628,943 | — | −13,134,809 |
| Gregg Felton | 3,494,134 | 16,628,943 | — | −13,134,809 |
| Dustin Weber | 1,945,535 | 1,769,851 | — | +175,684 |
| Anthony Savino | 1,836,066 | 1,470,597 | — | +365,469 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Dustin Weber | OTHER | — | — | — | — | — | $1,227,041 |
| Anthony Savino | OTHER | — | — | — | — | — | 1,466,066 |
| Gregg Felton | OTHER | — | — | — | — | — | 2,944,134 |
| Lars Norell | OTHER | — | — | — | — | — | 2,944,134 |
Grant-level vehicle detail not disclosed.
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Gregg Felton | PSU | 3,776,070 | — | $19,023,074 |
| Dustin Weber | PSU | 442,663 | — | 2,384,111 |
| Anthony Savino | PSU | 461,841 | — | 2,498,850 |
| Lars Norell | PSU | 3,776,070 | — | 19,023,074 |
As an intentionally lean, high-growth company in the in-demand renewable energy space where talent remains scarce, drawing from high cost-of-living communities of New York, New Jersey and Connecticut and its suburbs, we aim to offer competitive compensation to attract and retain our top tier talent.
| CEO STI target (% of salary) | 150% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Pearl Meyer |
| Clawback policy | True |
| Anti-hedging | True |
| Anti-pledging | True |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Christine R. DetrickIndependent · Board Chair · Audit · Nominating/Governance (Chair) | $68,667 | $269,453 | $0 | $0 | $0 | $338,120 |
| Richard N. PeretzIndependent · Audit (Chair) · Compensation (Chair) · Nominating/Governance | 79,000 | 131,512 | 0 | 0 | 0 | 210,512 |
| Tina C. ReichIndependent · Audit · Nominating/Governance | 10,833 | 156,507 | 0 | 0 | 0 | 167,340 |
| Robert M. HornIndependent · Compensation | 0 | 0 | 0 | 0 | 0 | 0 |
| Gregg J. FeltonEmployee director | 0 | 0 | 0 | — | 0 | 0 |
| Robert C. BernardIndependent · Compensation | 0 | 0 | 0 | 0 | 0 | 0 |
| Lars R. NorellEmployee director | 0 | 0 | 0 | — | 0 | 0 |
| Annual cash retainer | $65,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 15,000 / 10,000 |
| Stock ownership guideline | — |
| Component | FY2023 |
|---|---|
| Cash retainers and fees | $158,500 |
| Equity awards (grant-date value) | $557,472 |
| All other compensation | $0 |
| Total cost of the board | $715,972 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
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 | Altus Power | 2023 | Lars Norell | $550,000 | $2,944,134 | $0 | $0 | $3,494,134 |
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.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Lars Norell | DEF 14A | 2024-04-11 | 0001828723-24-000049 | Section “Summary Compensation Table”. As printed: 3,494,134. Filing ↗machine: r3 · c18 · span 252702–252711 |
| 2 | Section 01, Gregg Felton | DEF 14A | 2024-04-11 | 0001828723-24-000049 | Section “Summary Compensation Table”. As printed: 3,494,134. Filing ↗machine: r5 · c18 · span 256111–256120 |
| 3 | Section 01, Dustin Weber | DEF 14A | 2024-04-11 | 0001828723-24-000049 | Section “Summary Compensation Table”. As printed: 1,945,535. Filing ↗machine: r9 · c18 · span 262928–262937 |
| 4 | Section 01, Anthony Savino | DEF 14A | 2024-04-11 | 0001828723-24-000049 | Section “Summary Compensation Table”. As printed: 1,836,066. Filing ↗machine: r7 · c18 · span 259522–259531 |
| 5 | Section 03, Dustin Weber OTHER | DEF 14A | 2024-04-11 | 0001828723-24-000049 | Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t13 · r9 · c4 · span 262481–262490 |
| 6 | Section 03, Anthony Savino OTHER | DEF 14A | 2024-04-11 | 0001828723-24-000049 | Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t13 · r7 · c4 · span 259024–259033 |
| 7 | Section 03, Gregg Felton OTHER | DEF 14A | 2024-04-11 | 0001828723-24-000049 | Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t13 · r5 · c4 · span 255663–255672 |
| 8 | Section 03, Lars Norell OTHER | DEF 14A | 2024-04-11 | 0001828723-24-000049 | Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t13 · r3 · c4 · span 252204–252213 |
| 9 | Section 08, Christine R. Detrick | DEF 14A | 2024-04-11 | 0001828723-24-000049 | Section “Director Compensation”. As printed: 338,120. Filing ↗machine: t18 · r2 · c7 · span 360665–360673 |
| 10 | Section 08, Richard N. Peretz | DEF 14A | 2024-04-11 | 0001828723-24-000049 | Section “Director Compensation”. As printed: 210,512. Filing ↗machine: t18 · r3 · c7 · span 362613–362621 |
| 11 | Section 08, Tina C. Reich | DEF 14A | 2024-04-11 | 0001828723-24-000049 | Section “Director Compensation”. As printed: 167,340. Filing ↗machine: t18 · r9 · c7 · span 373839–373847 |
| 12 | Section 08, Robert M. Horn | DEF 14A | 2024-04-11 | 0001828723-24-000049 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 13 | Section 08, Gregg J. Felton | DEF 14A | 2024-04-11 | 0001828723-24-000049 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 14 | Section 08, Robert C. Bernard | DEF 14A | 2024-04-11 | 0001828723-24-000049 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 15 | Section 08, Lars R. Norell | DEF 14A | 2024-04-11 | 0001828723-24-000049 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 16 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 17 | Section 09b board cost (computed) | Computed | — | computed | Cash 158,500 + equity 557,472 + all other 0 = 715,972, summed across the director compensation table rows.machine: formula: Σ = 715,972 |
| 18 | Altus Power (subject), Section 10b CEO total | DEF 14A | 2024-04-11 | 0001828723-24-000049 | CEO total compensation as printed in Altus Power's own proxy. As printed: 3,494,134. Filing ↗machine: r3 · c18 · span 252702–252711 |