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    KR Sridhar

    Founder, Chairman, and Chief Executive Officer at Bloom Energy
    Board
    Since 2002
    Age
    64 years
    Education
    Holds a Bachelor of Science degree from the United States Naval Academy.
    Tenure
    Founded BE and has served as its Founder, Chairman, and Chief Executive Officer since 2002.

    Also at Bloom Energy

    AJ
    Aman Joshi
    Chief Commercial Officer
    CC
    Carlton Cottuli
    Head of Development Engineering
    DB
    Daniel Berenbaum
    Chief Financial Officer

    About

    KR Sridhar is a seasoned executive who founded BE in 2002 and has led the company as its Founder, Chairman, and CEO, steering its growth and technological innovation over the years.

    With a strong academic foundation from the United States Naval Academy, he built his early career in academia, holding positions such as Professor of Aerospace and Mechanical Engineering and Director of the Space Technologies Laboratory at the University of Arizona.

    His professional journey is marked by his pivotal role in developing BE’s solid oxide fuel cell platform and introducing the Bloom Energy Server, which transformed on-site power generation.

    Beyond BE, he has contributed as a Strategic Limited Partner at Kleiner Perkins and served on various boards and advisory panels, reflecting a commitment to both industry innovation and technical leadership.

    $BE Performance Under KR Sridhar

    Past Roles

    OrganizationRoleDate RangeDetails
    University of Arizona Professor of Aerospace and Mechanical Engineering & Director of the Space Technologies Laboratory N/AHeld prior to founding Bloom Energy
    NASA Advisor N/AServed as advisor before founding Bloom Energy

    External Roles

    OrganizationRoleDate RangeDetails
    Kleiner Perkins Strategic Limited Partner Since 2009 N/A
    National Academy of Engineering Member N/AN/A
    California Institute of Technology Resnick Sustainability Institute Strategic Advisory Board Member N/AN/A
    C3.ai, Inc. Director N/ABoard position at a public company

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$876,923 AnnualFixed base salary for FY2024
    Bonus$0 N/ANo bonus was awarded in FY2024
    All Other Compensation$110,522 AnnualOther cash compensation items

    Performance Compensation

    Data from  FY 2024

    Non-Equity Incentive Plan Compensation (ACI)

    MetricDetails
    Target ACI$1,170,000 (130% of a base salary rate of $900,000)
    Actual ACI Payout$1,579,500 (135% of target)
    Performance MetricsNon-GAAP Operating Income, Non-GAAP Operating Gross Margin, Total Revenue Growth
    Non-GAAP Operating IncomeThreshold: $1 million (50% payout), Target: $100 million (100% payout), Maximum: $140 million (150% payout)
    Non-GAAP Gross MarginThreshold: 23% (50% payout), Target: 28% (100% payout), Maximum: 30% (150% payout)
    Revenue Growth1 percentage point added per percentage point growth; FY2024 saw an 11 percentage point increase
    Evaluation PeriodFiscal Year 2024
    Vesting ScheduleCash-based; no vesting schedule

    Stock Awards

    ComponentDetails
    RSU Grant500,000 shares; Grant Date: December 18, 2024 ; Grant Date Fair Value: $11,730,000 ; Vesting details not fully disclosed
    PSU GrantTarget: 1,500,000 shares; Threshold: 750,000 shares; Maximum: 4,500,000 shares; Grant Date: December 18, 2024 ; Grant Date Fair Value: $35,190,000 ; Vesting over three years based on company performance metrics
    One-Time Grant300,000 PSUs vested immediately with an additional 300,000 PSUs tied to meeting strategic initiatives by December 31, 2027; Grant Date Fair Value: $7,038,000