Lawrence S. Coben

President and CEO, Chair of the Board at NRG ENERGY

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

Rasesh Patel

President, NRG Consumer

RJG

Robert J. Gaudette

EVP, NRG Business

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

Organization	Role	Date Range	Details
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

Organization	Role	Date Range	Details
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 Name	Amount	Payment Schedule	Additional Details
Base Salary	$100,000	Annualized	Interim CEO base salary under the Interim CEO Compensation Arrangement
Director Fees	$210,000	As earned upon service	Earned 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 termination	Granted 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