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Plug Power Inc. (0R1J.L)

LSE - LSE Delayed price. Currency in USD
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2.2200+0.6300 (+39.62%)
As of 04:49PM BST. Market open.

Plug Power Inc.

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

Sector(s)
Industry
Full-time employees2,249

Key executives

NameTitlePayExercisedYear born
Mr. Andrew J. MarshPres, CEO & Director1.45M36.08M1956
Mr. Paul B. Middleton CPAExec. VP & CFO772.5kN/A1967
Mr. Gerard L. Conway Jr.Exec. VP, Gen. Counsel & Corp. Sec.743.21k6.31M1965
Mr. Sanjay K. ShresthaExec. VP, GM of Energy Solutions & Chief Strategy Officer761.54kN/A1974
Mr. Dirk Ole HoefelmannExec. VP & GM of Electrolyzers835.92kN/A1968
Mr. Martin D. HullChief Accounting Officer & Corp. ControllerN/AN/A1968
Mr. Tim CortesChief Technology OfficerN/AN/AN/A
Dr. Preeti Pande Ph.D.Chief Marketing OfficerN/AN/AN/A
Ms. Tammy KimbleVP of HRN/AN/AN/A
Mr. Keith C. SchmidGM of New Markets & Pres of New Product Devel.N/AN/A1963
Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Plug Power Inc. provides hydrogen fuel cell turnkey solutions for the mobility, material handling, and stationary power markets in North America and internationally. It focuses on proton exchange membrane (PEM) fuel cell and fuel processing technologies, and fuel cell/battery hybrid technologies, as well as related hydrogen and green hydrogen generation, storage, and dispensing infrastructure. The company offers GenDrive, a hydrogen-fueled PEM fuel cell system that provides power to material handling electric vehicles; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing internet of things-based maintenance and service program for GenDrive and GenSure fuel cells, GenFuel hydrogen storage and dispensing products, and ProGen engines; and 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. It also provides GenKey, an integrated turn-key solution for transitioning to fuel cell power; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; and GenFuel Electrolyzer, a hydrogen generator optimized for clean hydrogen production. The company offers its products to retail distribution and manufacturing businesses through a direct product sales force, original equipment manufacturers, and dealer networks. It has a strategic partnership with Airbus SE to decarbonize air travel and airport operations with green hydrogen; and Fortescue Future Industries to manufacture electrolyzer technology in Australia. Plug Power Inc. was founded in 1997 and is headquartered in Latham, New York.

Corporate governance

Plug Power Inc.’s ISS governance QualityScore as of 1 June 2022 is 10. The pillar scores are Audit: 10; Board: 7; Shareholder rights: 8; Compensation: 9.

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 10 indicates higher governance risk.