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Tech — Hardware

Array Technologies Executive Compensation (FY25)

ARRY · Albuquerque, NM · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Kevin Hostetler
Latest say-on-pay support
=
May 19, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of November 5, 2026Latest filing (8-K): May 20, 2026
9 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Array Technologies brief$500Get the executive brief
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275 figures on this page: 271 cited to the filing that reported them, 4 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Kevin Hostetler: $8,867,007 → $6,803,799 (23.3% lower)
CEO pay ratio: 221:1 → 138:1 (37.6% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Array Technologies' chief executive and what were they paid?
Total compensation for Kevin Hostetler, Chief Executive Officer, came to $6,803,799 in fiscal 2025. Hostetler's total moved 23.3% lower from the $8,867,007 reported for fiscal 2024.
What was Array Technologies' say-on-pay result?
Shareholders supported the say-on-pay proposal with 83.1% of votes cast including abstentions in favor at the meeting held May 19, 2026 for fiscal 2025.
Which companies are in Array Technologies' peer group?
The disclosed peer group names American Superconductor Corporation, Enphase Energy, Inc., ESCO Technologies Inc., Fluence Energy, Inc. and Franklin Electric Co., Inc., among others.
What is Array Technologies' chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 138:1, against median employee compensation of $49,327.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Kevin Hostetler
Chief Executive Officer
◇◇◇—◇—◇◇
James Fusaro
Former Chief Executive Officer
Departed during or after this year
◇—————◇◇
Nipul Patel
Chief Financial Officer
◇—◇—◇—◇◇
Tyson Hottinger
Chief Legal Officer
◇—◇—◇—◇◇
Terrance Collins
Chief Human Resources Officer
◇◇◇—◇—◇◇
Travis Rose
Chief Revenue Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Kevin Hostetler
Chief Executive Officer
◇—◇—◇—◇◇
Nipul Patel
Former Chief Financial Officer
Departed during or after this year
◇—◇—◇—◇◇
Neil Manning
Chief Operations Officer
◇◇◇—◇—◇◇
Tyson Hottinger
Chief Legal Officer
◇—◇—◇—◇◇
Terrance Collins
Chief Human Resources Officer
◇—◇—◇—◇◇
Kurt Wood
Chief Financial Officer
◇◇—————◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Kevin Hostetler
Chief Executive Officer
◇—◇—◇—◇◇
Kurt Wood
Former Chief Financial Officer
Departed during or after this year
◇—◇———◇◇
Neil Manning
President and Chief Operating Officer
◇—◇—◇—◇◇
Terrance Collins
Chief Human Resources Officer
◇—◇—◇—◇◇
James Zhu
Chief Accounting Officer
◇◇◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Kevin Hostetler
Chief Executive Officer
◇—◇—◇—◇◇
H. Keith Jennings
Chief Financial Officer
◇◇◇—◇—◇◇
Gina Gunning
Chief Legal Officer and Corporate Secretary
◇◇◇—◇—◇◇
Neil Manning
President and Chief Operating Officer
◇—◇—◇—◇◇
Terrance Collins
Chief Human Resources Officer
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Gina GunningRSU◇——◇——◇
Gina GunningRSU◇——◇——◇
Gina GunningPSU◇◇◇—◇—◇
H. Keith JenningsRSU◇——◇——◇
H. Keith JenningsRSU◇——◇——◇
H. Keith JenningsPSU◇◇◇—◇—◇
Kevin HostetlerRSU◇——◇——◇
Kevin HostetlerPSU◇◇◇—◇—◇
Neil ManningRSU◇——◇——◇
Neil ManningPSU◇◇◇—◇—◇
Terrance CollinsPSU◇◇◇—◇—◇
Terrance CollinsRSU◇——◇——◇
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Kevin HostetlerPSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
H. JenningsPSU◇◇——
RSU◇◇——
PSU◇◇——
Gina GunningPSU◇◇——
RSU◇◇——
PSU◇◇——
Terrance CollinsPSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
Neil ManningPSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Gina Gunning
Chief Legal Officer and Corporate Secretary · Terms as described in the company’s compensation discussion
Severance cash amount◇
H. Keith Jennings
Chief Financial Officer · Terms as described in the company’s compensation discussion
Severance cash amount◇
Kevin Hostetler
Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Neil Manning
President and Chief Operating Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Terrance Collins
Chief Human Resources Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Brad Forth
Board chair
◇◇————◇
Troy Alstead
◇◇————◇
Orlando Ashford
◇◇————◇
Jayanthi Iyengar
◇◇————◇
Tracy Jokinen
◇◇————◇
Gerrard Schmid
◇◇————◇
Paulo Almirante
◇——◇——◇
Bilal Khan
◇—————◇
Emily Cohen, Kevin Hostetler and Carolyne Murff served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as restricted stock units.
Stock ownership guideline: 5x the base annual retainer

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • American Superconductor Corporation AMSC
  • Enphase Energy, Inc. ENPH
  • ESCO Technologies Inc. ESE
  • Fluence Energy, Inc. FLNC
  • Franklin Electric Co., Inc. FELE
  • FTC Solar, Inc. FTCI
  • Gibraltar Industries, Inc. ROCK
  • Helios Technologies, Inc. HLIO
  • Lindsay Corporation LNN
  • Littelfuse, Inc. LFUS
  • Nextpower Inc. (formerly Nextracker, Inc.) NXT
  • Power Integrations, Inc. POWI
  • Rogers Corporation ROG
  • Shoals Technologies Group, Inc. SHLS
  • SolarEdge Technologies, Inc. SEDG
  • Sunrun Inc. RUN
  • The Timken Company TKR

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 19, 2026=◇◇◇
2024May 20, 2025=◇◇◇
2023May 21, 2024=◇◇◇
2022May 23, 2023=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Kevin Hostetler (Chief Executive Officer), FY2025 total compensation $6,803,799 (base salary $869,135) [exec_comp, SEC accession 0001140361-26-013682, filed 2026-04-07]

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What this page does not include

Everything above is a fact Array Technologies disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Array Technologies sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
275 figures on this page: 271 cited to the filing that reported them, 4 calculated from figures it prints.
271 cited to the filing
4 calculated from the filing

Documents cited

  1. 0001628280-26-036881
    Proposal No. 3 – The Company’s stockholders approved, on a non-binding advisory basis, the compensation of the Company’s Named Executive Officers, with the voting results as follows: For Against Abste
  2. 0001140361-26-013682
    2025 Director Compensation · 2025 SUMMARY COMPENSATION TABLE · CEO PAY RATIO · Compensation Discussion and Analysis · and 2 more sections
  3. 0001820721-25-000063
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001140361-25-012865
    SUMMARY COMPENSATION TABLE
  5. 0001193125-24-147322
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001140361-24-019088
    Summary Compensation Table
  7. 0001820721-23-000118
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001140361-23-017554
    SUMMARY COMPENSATION TABLE
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Velarion, “Array Technologies executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/ARRY (accessed 2026).
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The Array Technologies brief, $500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
Get the executive briefGet the board briefNo account needed.
9 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Tech — Hardware rankings

Chief executive pay — Tech — HardwareCEO pay ratio — Tech — HardwareSay-on-pay support — Tech — Hardware

Peers Array Technologies discloses

The companies named in ARRY's own disclosed peer group.

American Superconductor CorporationEnphase Energy, Inc.ESCO Technologies Inc.Fluence Energy, Inc.Franklin Electric Co., Inc.FTC Solar, Inc.Gibraltar Industries, Inc.Helios Technologies, Inc.Lindsay CorporationLittelfuse, Inc.Nextpower Inc. (formerly Nextracker, Inc.)Power Integrations, Inc.Rogers CorporationShoals Technologies Group, Inc.SolarEdge Technologies, Inc.Sunrun Inc.The Timken Company

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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