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    Lawrence S. Coben

    President and CEO, Chair of the Board at NRG Energy Inc
    Board
    Since August 1, 2024
    Age
    65 years
    Education
    Earned a Bachelor of Arts in economics from Yale University, a Juris Doctor from Harvard Law School, and a Master of Arts and Ph.D. in anthropology from the University of Pennsylvania.
    Tenure
    Joined NRG in 2003 as a Board member, became Chair in 2017, served as Interim President and CEO in November 2023, and was officially named President and CEO on August 1, 2024.

    Also at NRG Energy Inc

    RP
    Rasesh Patel
    President, NRG Consumer
    RJG
    Robert J. Gaudette
    EVP, NRG Business
    WC
    Woo-Sung Chung
    EVP and CFO

    About

    Lawrence S. Coben is a seasoned executive in the energy industry whose career spans multiple leadership roles and a diverse range of contributions to sustainability and innovation. He has demonstrated strong capabilities in steering companies through transformative phases, drawing on extensive experience from previous roles at Tremisis Energy Corporation, the Bolivian Power Company, and Sunrise Partners L.P..

    Beyond his executive responsibilities, his work extends into impactful community and nonprofit initiatives. He founded the ESCALA Initiative and the Sustainable Preservation Initiative, which focus on empowering marginalized entrepreneurs and preserving cultural heritage, respectively, underscoring his commitment to social and environmental causes.

    His approach to leadership is marked by a balanced emphasis on operational excellence, innovative strategic planning, and support for sustainable practices. This blend of professional acumen and social responsibility continues to define his contributions to the energy sector and related fields.

    $NRG Performance Under Lawrence S. Coben

    Past Roles

    OrganizationRoleDate RangeDetails
    NRG Energy Interim President and Chief Executive Officer Appointed November 20, 2023 Served following the departure of Mauricio Gutierrez
    Tremisis Energy Corporation LLC and its affiliates Chairman and Chief Executive Officer 2003 to 2017 N/A
    Morgan Stanley Infrastructure II, L.P. Advisory Board Member 2014 to 2016 N/A
    SAESA Board Member 2008 to 2010 N/A
    Prisma Energy Board Member 2003 to 2006 N/A
    Sunrise Partners L.P. Senior Principal January 2001 to January 2004 N/A
    Independent Consultant Consultant 1997 to January 2001 N/A
    Bolivian Power Company Chief Executive Officer 1994 to 1996 N/A
    Catalyst Energy Corporation Founder N/A One of the first alternative energy companies in the United States

    External Roles

    OrganizationRoleDate RangeDetails
    Freshpet, Inc. Board Member Since November 2014 N/A
    University of Pennsylvania Museum of Archaeology and Anthropology Consulting Scholar Since 2012 N/A
    Escala Initiative (formerly Sustainable Preservation Initiative) Executive Director Since 2011 Formerly known as Sustainable Preservation Initiative

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$100,000 AnnualizedInterim CEO base salary under the Interim CEO Compensation Arrangement
    Director Fees$210,000 As earned upon serviceEarned for non-employee director and Chair of the Board prior to appointment as Interim CEO
    Deferred Stock Units (DSUs)8,612 DSUs valued at $279,029 Vesting upon Board terminationGranted for service as non-employee director and Chair of the Board; converts into common stock

    Performance Compensation

    Data from  FY 2023

    No information available on performance compensation for 2023