Altus Power CEO Lars Norell's 2023 pay falls 79% to $3.5M
Altus Power reports 2023 executive compensation
By ExecPay News
Published: April 11, 2024
Altus Power reported fiscal year 2023 executive compensation information on April 11, 2024.
In 2023, four executives at Altus Power received on average a compensation package of $2.7M, a 70% decrease compared to previous year.
Average pay of disclosed executives at Altus Power
Lars Norell, Chief Executive Officer, received $3.5M in total, which decreased by 79% compared to 2022. 84% of Norell's compensation, or $2.9M, was in stock awards. Norell also received $550K in salary.
Gregg Felton, Chief Executive Officer, received a compensation package of $3.5M, which decreased by 79% compared to previous year. 84% of the compensation package, or $2.9M, was in stock awards.
Dustin Weber, Chief Financial Officer, earned $1.9M in 2023, a 10% increase compared to previous year.
Anthony Savino, Chief Construction Officer, received $1.8M in 2023, which increases by 25% compared to 2022.
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Source: SEC filing on April 11, 2024.