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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