Array Technologies Executive Compensation (FY25)
ARRY · Albuquerque, NM · Executive and director compensation, fiscal 2022 to 2025
The Array Technologies brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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Data as of September 7, 2026Latest filing (8-K): May 20, 2026
7 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
$1,500Get the executive brief
240 figures on this page: 236 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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Gina Gunning | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Gina Gunning | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Gina Gunning | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| H. Keith Jennings | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| H. Keith Jennings | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| H. Keith Jennings | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Kevin Hostetler | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Kevin Hostetler | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Neil Manning | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Neil Manning | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Terrance Collins | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Terrance Collins | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
Fiscal 2022, 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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Neil Manning | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Terrance Collins | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| H. Jennings | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Kevin Hostetler | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Gina Gunning | 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.
Kevin Hostetler
Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Severance multiple | ◇ |
| 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 2025 filing
| Severance multiple | ◇ |
| Severance base | ◇ |
| 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 2025 filing
| Severance multiple | ◇ |
| Severance base | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
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 | ◇ |
| 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.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 19, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 20, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 21, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 23, 2023 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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 — $1,500Written 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 — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable 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 IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
240 figures on this page: 236 cited to the filing that reported them, 4 calculated from figures it prints.
236 cited to the filing
4 calculated from the filing
Documents cited
- 0001628280-26-036881Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001140361-26-0136822025 Director Compensation · 2025 SUMMARY COMPENSATION TABLE · CEO PAY RATIO · Grants of Plan-Based Awards During 2025 · and 1 more section
- 0001820721-25-000063Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001140361-25-012865Compensation Discussion and Analysis · SUMMARY COMPENSATION TABLE
- 0001193125-24-147322Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001820721-23-000118Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001140361-23-017554SUMMARY COMPENSATION TABLE
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This page is free to cite. Attribution we ask for:
Velarion, “Array Technologies executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/ARRY (accessed 2026).
Short form: data: Velarion
The Array Technologies brief, $1,500
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 $1,200 for the board report; $2,400 for both.
7 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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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
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}
}