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Plug Power Inc. (PLUG)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
3.2500-0.0800 (-2.40%)
At close: 04:00PM EDT
3.2350 -0.02 (-0.46%)
After hours: 07:59PM EDT

Plug Power Inc.

968 Albany Shaker Road
Latham, NY 12110
United States
518 782 7700
https://www.plugpower.com

Sector(s)Industrials
IndustryElectrical Equipment & Parts
Full Time Employees3,868

Key Executives

NameTitlePayExercisedYear Born
Mr. Andrew J. MarshPresident, CEO & Director766.55kN/A1956
Mr. Paul B. Middleton CPAExecutive VP & CFO416.56kN/A1967
Mr. Gerard L. Conway Jr.Executive VP, General Counsel & Corporate Secretary416.56kN/A1965
Mr. Keith C. SchmidExecutive Vice President of Special Projects416.56kN/A1963
Mr. Jose Luis CrespoExecutive VP & GM of Material Handling416.56kN/A1970
Mr. Sanjay K. ShresthaExecutive VP, GM of Energy Solutions & Chief Strategy Officer416.56kN/A1974
Mr. Martin D. HullChief Accounting Officer & Corporate ControllerN/AN/A1968
Mr. Tim CortesChief Technology OfficerN/AN/AN/A
Dr. Preeti Pande Ph.D.Chief Marketing OfficerN/AN/AN/A
Ms. Tammy KimbleVice President of Human ResourcesN/AN/AN/A
Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Plug Power Inc. develops hydrogen and fuel cell product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen-fueled proton exchange membrane (PEM) fuel cell system that provides power to material handling electric vehicles; GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines; and GenKey, an integrated turn-key solution for transitioning to fuel cell power. It also provides electrolyzers, a hydrogen generator for clean hydrogen production; liquefaction systems that provides liquid hydrogen to customers; cryogenic equipment for the distribution of liquified hydrogen, oxygen, argon, nitrogen and other cryogenic gases, including trailers and mobile storage equipment; and liquid hydrogen, an alternative fuel to fossil-based energy. The company sells its products through a direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was incorporated in 1997 and is headquartered in Latham, New York.

Corporate Governance

Plug Power Inc.’s ISS Governance QualityScore as of March 1, 2024 is 7. The pillar scores are Audit: 10; Board: 3; Shareholder Rights: 8; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.