Altus Power CEO Lars Norell's 2022 pay jumps 1,079% to $17M
Altus Power reports 2022 executive compensation
By ExecPay News
Published: April 12, 2023
Altus Power reported fiscal year 2022 executive compensation information on April 12, 2023.
In 2022, four executives at Altus Power received on average a compensation package of $9.1M, a 758% increase compared to previous year.
Average pay of disclosed executives at Altus Power
Lars Norell, Chief Executive Officer, received $17M in total, which increased by 1,079% compared to 2021. 97% of Norell's compensation, or $16M, was in stock awards. Norell also received $550K in salary.
Gregg Felton, Chief Executive Officer, received a compensation package of $17M, which increased by 1079% compared to previous year. 97% of the compensation package, or $16M, was in stock awards.
Dustin Weber, Chief Financial Officer, earned $1.8M in 2022, a 135% increase compared to previous year.
Anthony Savino, Chief Construction Officer, received $1.5M in 2022, which increases by 116% compared to 2021.
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Source: SEC filing on April 12, 2023.