Scott Griffith
About Scott Griffith
Scott Griffith, 66, is an independent Class III director of EVgo, serving on the Board since April 2024; his current term runs through the 2027 annual meeting unless earlier changed by the Board and stockholders . He is currently CEO of Motiv Electric Trucks (since April 2024) and previously led Ford’s Autonomous Vehicles & New Mobility businesses (2019–2022); earlier roles include Executive in Residence at General Catalyst, Chairman at Envoy Global and TrueMotion, and Chairman/CEO of Zipcar, with earlier posts at The Parthenon Group, Boeing, and Hughes Electronics; he holds a B.S. in engineering (Carnegie Mellon) and an MBA (Chicago Booth) and serves on the University of Chicago Polsky Center Advisory Council . EVgo’s Board has determined Mr. Griffith qualifies as an independent director under Nasdaq and SEC rules, including the additional criteria for audit committee service .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Ford Motor Company | CEO, Autonomous Vehicles and Mobility Businesses | Nov 2019 – Sep 2022 | Led L4 AV investments and several new hardware/software businesses in Ford’s “new mobility” segment . |
| General Catalyst Partners | Executive in Residence | Apr 2014 – Oct 2021 | Chaired Envoy Global and TrueMotion via GC platform roles . |
| Envoy Global, Inc. | Chairman | During GC tenure | Oversight of global immigration services provider . |
| TrueMotion, Inc. | Chairman | During GC tenure | Oversight of AI-based driving behavior platform . |
| Zipcar, Inc. | Chairman and CEO | Prior to GC | Led car-sharing company (public company experience) . |
| The Parthenon Group | Strategy Consultant/Executive | Prior | Business strategy roles . |
| The Boeing Company | Various roles | Prior | Aerospace experience . |
| Hughes Electronics | Various roles | Prior | Electronics/aerospace experience . |
External Roles
| Organization | Capacity | Status/Notes |
|---|---|---|
| Motiv Electric Trucks | Chief Executive Officer | Since April 2024 . |
| Univ. of Chicago Polsky Center for Entrepreneurship & Innovation | Advisory Council Member | Ongoing advisory role . |
| Public company boards | — | No current public company directorships disclosed in the 2025 proxy for Mr. Griffith . |
Board Governance
| Item | Detail |
|---|---|
| Independence | Board determined Mr. Griffith is independent under Nasdaq and SEC rules (including audit committee independence) . |
| Committees | Audit Committee (member); Compensation Committee (member); Nominating & Governance Committee (member) . |
| Committee Chairs | Audit Chair: Katherine Motlagh; Compensation Chair: Peter Anderson; Nominating & Governance Chair: Jonathan Seelig . |
| Board meetings (2024) | 6 meetings; each director attended ≥75% of Board and committee meetings during 2024 . |
| Committee activity (2024) | Audit: 9 meetings; Compensation: 7; Nominating & Governance: 5 . |
| Controlled company status | EVgo is a “controlled company” under Nasdaq due to LS Power’s majority voting control and uses certain exemptions; committees may include non-independent directors (Compensation and Nominating not required to be fully independent) . |
Fixed Compensation
| Component | 2024 Amount/Structure | Details |
|---|---|---|
| Cash fees paid (2024) | $37,500 | Partial-year Board and committee retainers for service beginning April 2024 . |
| Equity awards granted (2024) | $145,600 grant-date fair value | Two RSU grants upon joining in April 2024: 16,667 RSUs vesting ratably over 3 years from May 20, 2024, and 53,333 RSUs vesting in full on May 20, 2025 . |
| Outstanding unvested RSUs (12/31/2024) | 70,000 units | As of year-end 2024 . |
| Standard director program (2024) | Cash: $50,000 annual retainer; Committee member retainers: $10,000 (Audit), $7,500 (Compensation), $7,500 (Nominating); Committee chair retainers: $20,000 (Audit), $15,000 (Comp), $10,000 (Nominating); Lead Independent Director: +$30,000; Equity: $160,000 annual RSUs (1-year vest), plus $50,000 first-year RSUs (3-year vest) | Applies to non-employee directors not employed by LS Power; equity awards under the 2021 LTIP; director equity cap $750,000 per calendar year . |
Performance Compensation
| Item | Detail |
|---|---|
| Performance-based equity for directors | Not disclosed for directors; Mr. Griffith’s 2024 director equity consisted of RSUs with time-based vesting (no PSUs/options reported for director service) . |
| Clawback applicability | All awards under the 2021 LTIP are subject to EVgo’s Executive Compensation Clawback Policy and any future clawback policies; plan prohibits repricing of options/SARs without stockholder approval . |
Other Directorships & Interlocks
| Entity | Relationship to EVgo | Notes |
|---|---|---|
| LS Power (controlling stockholder) | Not affiliated with Mr. Griffith; multiple LS Power executives sit on EVgo’s Board and committees | LS Power holds 100% of Class B and majority voting control; nomination rights allow LS Power to designate up to 5 of 9 directors at current ownership levels . |
| Customers/Suppliers/Competitors | None disclosed for Mr. Griffith | No related-party or interlock transactions disclosed involving Mr. Griffith . |
Expertise & Qualifications
- Mobility and AV leadership: Led Ford’s L4 AV investments and new mobility segment operations (2019–2022) .
- Growth-stage and public-company leadership: Former Chairman/CEO of Zipcar; venture/growth investor and advisor via General Catalyst .
- Technical/operational background: Engineering B.S. (Carnegie Mellon) and MBA (Chicago Booth); prior roles at Boeing, Hughes, and Parthenon; advisory role at UChicago Polsky Center .
Equity Ownership
| Metric | Amount | Notes |
|---|---|---|
| Beneficial ownership (as of Mar 20, 2025 record date) | 58,888 shares (RSUs vesting within 60 days) | Less than 1% of voting power; consists of RSUs scheduled to vest within 60 days of the Record Date . |
| Unvested RSUs outstanding (12/31/2024) | 70,000 | Director grants from May 2024 . |
| Ownership guidelines | 5× annual cash retainer for non-employee directors; compliance by April 18, 2028 or 5 years from becoming subject | Applies to directors and officers; policy timeline specified . |
| Pledging/hedging | Prohibited for directors (no pledging, margin, hedging or monetization transactions) | Insider Trading Policy prohibits pledging/hedging; filed as exhibit to 2024 10-K . |
Governance Assessment
- Board effectiveness and independence: Mr. Griffith is independent and serves on all three key committees, including Audit (which is fully independent and chaired by a financial expert), supporting robust oversight in financial reporting, pay, and nominations . Attendance met Board standards in 2024, and committee activity levels were high (Audit 9; Comp 7; N&G 5 meetings) .
- Compensation and alignment: His pay mix is standard for EVgo’s program (cash retainer plus time-based RSUs) with strong alignment mechanisms: equity grants under a plan subject to clawback, strict insider trading rules (no pledging/hedging), and director ownership guidelines requiring 5× retainer by 2028 .
- Potential conflicts and controlled-company risks: EVgo is a “controlled company” under Nasdaq with LS Power retaining majority voting power and nomination rights; compensation and nominating committees are not required to be fully independent and include LS Power-associated directors, which can dilute independent influence over executive pay and director nominations even as Mr. Griffith provides independent committee participation .
- Related-party oversight: The Audit Committee (of which Mr. Griffith is a member) is charged with reviewing related-party transactions and enterprise risk, including cybersecurity, providing a channel for independent oversight of LS Power-related agreements (e.g., registration rights, TRA, redemptions/offerings) .
RED FLAGS
- Controlled-company structure and LS Power nomination rights concentrate control; Compensation and Nominating committees are not required to be independent and include representatives associated with the controller, posing potential conflicts in setting pay and board composition .
Positive Signals
- Independent director on all three committees, including a fully independent Audit Committee; strong equity alignment with ownership policy and anti-pledging/hedging prohibitions; Board and committee attendance met standards .