Stem: Pay

Stem paid its 4 named executives $5.0M in total in FY2025 (Dec). CEO Arun Narayanan was paid $2.1M of that.

PayNo stock prices for these years
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Arun NarayananChief Executive Officer
FY2025 (Dec)
1 year
Michael CarlsonPresident, Managed Services & OEM Hardware
FY2025 (Dec)
FY2024 (Dec)
2 years
Saul R. LaurelesChief Legal Officer and Corporate Secretary
FY2025 (Dec)Not disclosed
FY2023 (Dec)
FY2022 (Dec)Not disclosed
3 years
David BuzbyFormer Interim Chief Executive Officer and Executive Chair
FY2025 (Dec)
FY2024 (Dec)
2 years

CEO pay against the pay peers

In FY2023 (Dec), the median CEO pay of the 10 peers with pay on file was $3.7M. The CEO of Stem was paid $3.9M, 5% above the median.

  1. 1Enphase Energy
  2. 2ChargePoint Holdings
  3. 3Array Technologies
  4. 4Fuelcell Energy
  5. 5Eos Energy Enterprises
  6. 6Stem
  7. 7Ormat Technologies
  8. 8Fluence Energy
  9. 9Bloom Energy
  10. 10Blink Charging
  11. 11Vicor
  12. 12EVgoNot disclosed
  13. 13Plug PowerNot disclosed
  14. 14Proterra Inc.Not disclosed
  15. 15Sunnova Energy International Inc.Not disclosed
  16. 16Volta Inc.Not disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.