Christopher S. Sotos has been the driving force at Clearway Energy, Inc. since May 2016. Under his leadership, the company has focused on performance-based metrics that align with shareholder interests. Sotos announced on April 30, 2024, that he will step...

Current Market Cap

$3.20B

Number of Employees

61

Total Compensation

2019 - 2023

Trending down by -57.59% last year
Showing total compensation for the last 2019 - 2023

Stock

Down by -100.00% last year

Salary

Up by 0.00% last year

Bonus

Down by -26.61% last year

Other

Up by 38.40% last year

Year

2023

Total Compensation

$1.21M

Salary

$665.20K

Board Justification

The compensation philosophy is designed to align executive pay with performance metrics and shareholder interests, focusing on both short-term and long-term incentives.

Bonus

$532.16K

Board Justification

The annual incentive bonuses paid to the NEOs are based on the achievement of Company goals and individual performance metrics for the year 2023.

Other

$16.89K

Board Justification

Other compensation includes reimbursement for financial advisory services and 401(k) matching contributions.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards were vested in 2023 as the focus was on performance-based compensation and the stock awards are not included in the total compensation calculations.

Performance Metrics

The performance metrics for 2023 included Company goals related to Cash Available for Distribution (CAFD) and key performance milestones.

SEC Filing

From March 15, 2024

Christopher S. Sotos

Ex-CEO of Clearway Energy, Inc.

CS

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Born

June 11, 1972 - 52 years ago

Is Founder?

No

Tenure

8 years 1 month (May 2016 - Jun 2024)

Previous Experience

Various positions at NRG Energy, Inc., including Executive Vice President - Strategy and Mergers and Acquisitions