Plug Power Inc. announced the adoption of a new executive compensation program that allows eligible executives to receive up to 75% of their compensation in company stock. This program applies to base salary and, in some cases, cash bonuses.
The initiative is designed to strengthen leadership alignment with long-term shareholder value. CEO Andy Marsh stated that this program reinforces leadership’s confidence in the company’s future and commitment to driving sustainable growth.
The program will take effect at the next open trading window and remain in place through the end of the fiscal year. This move aims to increase the equity stake of participating executives, further aligning their interests with those of investors and stakeholders.
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