Plug CEO, Andy Marsh, Reinforces Commitment to Company Mission by Taking 50% of Compensation in PLUG Stock for 2025
Plug Power (NASDAQ: PLUG) CEO Andy Marsh has announced he will receive 50% of his annual compensation in company stock for 2025, demonstrating his confidence in the company's strategy and future prospects. The decision aligns with Plug's mission to lead the hydrogen economy and reflects management's commitment to creating stakeholder value.
Marsh emphasized the company's dedication to pioneering the hydrogen economy for current and future generations. The company stated it will continue providing updates on key initiatives throughout the year.
Plug Power (NASDAQ: PLUG) il CEO Andy Marsh ha annunciato che riceverà il 50% della sua retribuzione annuale in azioni della società per il 2025, dimostrando la sua fiducia nella strategia e nelle prospettive future dell'azienda. Questa decisione è in linea con la missione di Plug di guidare l'economia dell'idrogeno e riflette l'impegno della direzione nella creazione di valore per gli stakeholder.
Marsh ha sottolineato la dedizione dell'azienda nel pioniere dell'economia dell'idrogeno per le generazioni attuali e future. L'azienda ha dichiarato che continuerà a fornire aggiornamenti sulle iniziative chiave durante l'anno.
Plug Power (NASDAQ: PLUG) el CEO Andy Marsh ha anunciado que recibirá el 50% de su compensación anual en acciones de la empresa para 2025, demostrando su confianza en la estrategia y las perspectivas futuras de la compañía. Esta decisión está alineada con la misión de Plug de liderar la economía del hidrógeno y refleja el compromiso de la dirección de crear valor para los interesados.
Marsh enfatizó la dedicación de la empresa a ser pionera en la economía del hidrógeno para las generaciones actuales y futuras. La compañía declaró que continuará proporcionando actualizaciones sobre iniciativas clave a lo largo del año.
플러그 파워 (NASDAQ: PLUG) CEO 앤디 마시가 2025년 연봉의 50%를 회사 주식으로 받을 것이라고 발표하며, 회사의 전략과 미래 전망에 대한 신뢰를 보여주었습니다. 이 결정은 플러그의 수소 경제를 선도하겠다는 사명과 일치하며, 이해관계자 가치를 창출하려는 경영진의 의지를 반영합니다.
마시는 현재와 미래 세대를 위한 수소 경제를 개척하겠다는 회사의 헌신을 강조했습니다. 회사는 올해 동안 주요 이니셔티브에 대한 업데이트를 계속 제공할 것이라고 밝혔습니다.
Plug Power (NASDAQ: PLUG) le PDG Andy Marsh a annoncé qu'il recevra 50 % de sa rémunération annuelle en actions de l'entreprise pour 2025, démontrant ainsi sa confiance dans la stratégie et les perspectives futures de l'entreprise. Cette décision s'inscrit dans la mission de Plug de diriger l'économie de l'hydrogène et reflète l'engagement de la direction à créer de la valeur pour les parties prenantes.
Marsh a souligné le dévouement de l'entreprise à être pionnière dans l'économie de l'hydrogène pour les générations actuelles et futures. L'entreprise a déclaré qu'elle continuera à fournir des mises à jour sur les initiatives clés tout au long de l'année.
Plug Power (NASDAQ: PLUG) CEO Andy Marsh hat angekündigt, dass er 50% seines Jahresgehalts für 2025 in Unternehmensaktien erhalten wird, was sein Vertrauen in die Strategie und die zukünftigen Perspektiven des Unternehmens demonstriert. Diese Entscheidung steht im Einklang mit der Mission von Plug, die Wasserstoffwirtschaft zu führen, und spiegelt das Engagement des Managements wider, Werte für die Stakeholder zu schaffen.
Marsh betonte das Engagement des Unternehmens, die Wasserstoffwirtschaft für gegenwärtige und zukünftige Generationen zu fördern. Das Unternehmen erklärte, dass es im Laufe des Jahres weiterhin über wichtige Initiativen informieren wird.
- CEO demonstrates confidence in company by taking 50% of compensation in stock
- Management alignment with shareholder interests through stock-based compensation
- None.
SLINGERLANDS, N.Y., March 20, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive solutions for the hydrogen economy, today announced that its CEO, Andy Marsh, has committed to accept
Mr. Marsh explained: "Our mission is to pioneer the hydrogen economy for present and future generations. Aligning my compensation with our company’s outlook, both short and long term, is a demonstration of my confidence in our vision, our team, and the value we are creating for our stakeholders.”
Plug remains focused on executing its strategic objectives and driving sustainable growth. The company will continue to provide updates on key initiatives throughout the remainder of the year.
About Plug Power
Plug Power is building the global hydrogen economy with a fully integrated ecosystem spanning production, storage, delivery, and power generation. A first mover in the industry, Plug Power provides electrolyzers, liquid hydrogen, fuel cell systems, storage tanks, and fueling infrastructure to industries such as material handling, industrial applications and energy producers—advancing energy independence and decarbonization at scale.
With electrolyzers deployed across five continents, Plug Power leads in hydrogen production, delivering large-scale projects that redefine industrial power. The company has deployed over 72,000 fuel cell systems and 275 fueling stations and is the largest user of liquid hydrogen. Plug Power is rapidly expanding its generation network to ensure a reliable, domestically produced hydrogen supply. With plants already operational in Georgia and Tennessee, and Louisiana set to come online in 2025, Plug power ’s total production capacity is on track to reach 39 tons per day.
With employees and state-of-the-art manufacturing facilities across the globe, Plug Power powers global leaders like Walmart, Amazon, Home Depot, BMW, and BP.
Plug Power Safe Harbor Statement
This communication contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that involve significant risks and uncertainties about Plug Power Inc. (“Plug”), including but not limited to statements about Plug’s ability to execute on its current strategy and strategic objectives; Plug’s ability to dominate the hydrogen economy at scale; Plug’s ability to generate value for our stakeholders; Plug’s ability to continue driving sustainable growth. Such statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in these statements. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Plug in general, see Plug’s public filings with the Securities and Exchange Commission (the “SEC”), including the “Risk Factors” section of Plug’s Annual Report on Form 10-K for the year ended December 31, 2023, Plug’s Quarterly Reports on Form 10-Q for the quarters ended March 31, 2024, June 30, 2024 and September 30, 2024 and any subsequent filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements are made as of the date hereof, and Plug undertakes no obligation to update such statements as a result of new information.
MEDIA CONTACT
Fatimah Nouilati - Allison
plugPR@allisonpr.com
FAQ
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