Sunnova Energy International CFO Robert Lane's 2021 pay rises 9% to $1.8M
Sunnova Energy International reports 2021 executive compensation
By ExecPay News
Published: April 7, 2022
Sunnova Energy International reported fiscal year 2021 executive compensation information on April 7, 2022.
In 2021, six executives at Sunnova Energy International received on average a compensation package of $1.6M, a 6% increase compared to previous year.
Average pay of disclosed executives at Sunnova Energy International
Robert L. Lane, Chief Financial Officer, received $1.8M in total, which increased by 9% compared to 2020. 53% of Lane's compensation, or $952K, was in stock awards. Lane also received $230K in non-equity incentive plan, $241K in option awards, $364K in salary, as well as $14K in other compensation.
For fiscal year 2021, the median employee pay was $56,908 at Sunnova Energy International. Therefore, the ratio of Robert L. Lane's pay to the median employee pay was 32 to one.
Kris Hillstrand, Chief Operating Officer, received a compensation package of $1.7M, which decreased by 2% compared to previous year. 50% of the compensation package, or $845K, was in stock awards.
Walter A. Baker, General Counsel, earned $1.6M in 2021, a 1% increase compared to previous year.
Michael Grasso, Executive Vice President, Chief Marketing and Growth Officer, received $1.6M in 2021, which increases by 21% compared to 2020.
John Santo Salvo, Executive Vice President, Chief Commercial Officer - Dealers and Supply Chain, earned $1.6M in 2021, a 23% increase compared to previous year.
William J. Berger, Chief Executive Officer, received $1.5M in 2021, which decreases by 8% compared to 2020.
Related executives
William Berger
Sunnova Energy International
Chief Executive Officer
Robert Lane
Sunnova Energy International
Chief Financial Officer
Kris Hillstrand
Sunnova Energy International
Chief Operating Officer
Walter Baker
Sunnova Energy International
General Counsel
Michael Grasso
Sunnova Energy International
Executive Vice President, Chief Marketing and Growth Officer
John Salvo
Sunnova Energy International
Executive Vice President, Chief Commercial Officer - Dealers and Supply Chain
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Source: SEC filing on April 7, 2022.