Nextracker Inc. (NXT)

55.17 -1.48 (-2.61%) At close: 04:00PM EDT

Nextracker Inc.

6200 Paseo Padre Parkway
Fremont, CA 94555
United States
510 270 2500
https://www.nextracker.com

Sector(s): Technology
Industry: Solar
Full-time employees: 1,050

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Daniel S. Shugar	Co-Founder, CEO & Director	885.45k	N/A	1964
Mr. Howard J. Wenger	Director & President	785.63k	N/A	1960
Mr. Nicholas Miller	Co-Founder & COO	520.09k	N/A	1969
Mr. David P. Bennett	Chief Financial Officer	873.04k	N/A	1970
Mr. Bruce R. Ledesma	President of Strategy & Administration	758.54k	N/A	1968
Mr. Marco Garcia	Co-Founder & Chief Commercial Officer	N/A	N/A	N/A
Mr. Alex Au	Co-Founder & CTO	N/A	N/A	N/A
Mr. Mike Mehawich	Co-Founder & Chief Strategy Officer	N/A	N/A	N/A
Ms. Mary Lai	Vice President of IR & Financial Communications	N/A	N/A	N/A
Ms. Leah Schlesinger Esq.	General Counsel, Chief Ethics & Compliance Officer and Secretary	344.99k	N/A	1964

Amounts are as of 31 December 2023, 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

Nextracker Inc., an energy solutions company, provides solar tracker and software solutions for utility-scale and distributed generation solar projects in the United States and internationally. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; and NX Horizon-XTR, a terrain-following tracker designed to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain. It also provides TrueCapture, a self-adjusting tracker control system, which boosts solar power plant production by optimizing the position of individual tracker row in response to site features, such as varying topography and changing weather conditions; and NX Navigator, that assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects. The company was founded in 2013 and is headquartered in Fremont, California. As of March 31, 2024 Nextracker Inc. was formerly a subsidiary of Flex Ltd.

Corporate governance

Nextracker Inc.’s ISS governance QualityScore as of 1 June 2024 is 8. The pillar scores are Audit: 8; Board: 10; Shareholder rights: 6; Compensation: 4.

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.