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Fluence Energy Executive Compensation (FY25)

FLNC · Arlington, VA · Executive and director compensation, fiscal 2023 to 2025

The paid brief on Fluence Energy

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Data as of September 16, 2026Latest filing (8-K): March 16, 2026
5 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Fluence Energy brief$1,500Get the executive brief
203 figures on this page: 200 cited to the filing that reported them, 3 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Julian Nebreda
Latest say-on-pay support
=
March 12, 2026
Chief executive pay ratio
◇
To the median employee

More on Fluence Energy

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2023 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 — Julian Nebreda: $1,774,772 → $6,909,044 (289.3% higher)
CEO pay ratio: 48:1 → 58:1 (20.8% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Fluence Energy's chief executive and what were they paid?
Julian Nebreda, President and Chief Executive Officer, received $6,909,044 in total compensation for fiscal 2025. Nebreda's total moved 289.3% higher from the $1,774,772 reported for fiscal 2023.
What was Fluence Energy's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 99.2% of votes cast for or against in favor at the meeting held March 12, 2026.
Which companies are in Fluence Energy's peer group?
The disclosed peer group includes Advanced Energy Industries, Inc., Ameresco, Inc., Array Technologies, Inc., Bloom Energy Corporation and EnerSys, among others.
What is Fluence Energy's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 58:1, against median employee compensation of $119,373.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Julian Nebreda
President and Chief Executive Officer
◇◇——◇—◇◇
Manavendra Sial
Senior Vice President and Chief Financial Officer
◇◇——◇—◇◇
Peter Williams
Senior Vice President and Chief Supply Chain and Manufacturing Officer
◇—◇———◇◇
Carol Couch
Former Senior Vice President and Chief Supply Chain and Manufacturing Officer
Departed during or after this year
◇—————◇◇
Rebecca Boll
Senior Vice President and Chief Product Officer
◇◇——◇—◇◇
Krishna Vanka
Senior Vice President and Chief Digital Officer
◇◇——◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Julian Nebreda
President and Chief Executive Officer
◇—◇◇◇—◇◇
Ahmed Pasha
Senior Vice President and Chief Financial Officer
◇—◇◇◇—◇◇
Peter Williams
Senior Vice President and Chief Product and Supply Chain Officer
◇◇◇◇◇—◇◇
John Zahurancik
Senior Vice President and President, Americas
◇—◇◇◇—◇◇
Rebecca Boll
Senior Vice President and Chief Product 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
Ahmed PashaOPTION◇——◇—◇◇
Ahmed PashaPSU◇◇◇—◇—◇
Ahmed PashaRSU◇——◇——◇
John ZahurancikRSU◇——◇——◇
John ZahurancikOPTION◇——◇—◇◇
John ZahurancikPSU◇◇◇—◇—◇
Julian NebredaPSU◇◇◇—◇—◇
Julian NebredaRSU◇——◇——◇
Julian NebredaOPTION◇——◇—◇◇
Peter WilliamsRSU◇——◇——◇
Peter WilliamsPSU◇◇◇—◇—◇
Peter WilliamsOPTION◇——◇—◇◇
Rebecca BollPSU◇◇◇—◇—◇
Rebecca BollRSU◇——◇——◇
Rebecca BollOPTION◇——◇—◇◇
Fiscal 2023 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
John ZahurancikRSU◇◇——
RSU◇◇——
Option◇—◇—
RSU◇◇——
Option◇—◇—
Option◇—◇—
RSU◇◇——
Julian NebredaRSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇—
Option◇—◇—
RSU◇◇——
Ahmed PashaOption◇—◇—
RSU◇◇——
Option◇—◇—
RSU◇◇——
RSU◇◇——
RSU◇◇——
Peter WilliamsOption◇—◇—
RSU◇◇——
RSU◇◇——
Option◇—◇—
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Herman Bulls
Board chair
◇◇————◇
Harald von Heynitz
◇◇————◇
Cynthia Arnold
◇◇————◇
Elizabeth Fessenden
◇◇————◇
Tish Mendoza, Julian Nebreda, Axel Meier, Fahad Al-Darwish, Peter Chi-Shun Luk, Ruth Gratzke, Simon James Smith and Ricardo Falu 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.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Advanced Energy Industries, Inc. AEIS
  • Ameresco, Inc. AMRC
  • Array Technologies, Inc. ARRY
  • Bloom Energy Corporation BE
  • EnerSys ENS
  • Enphase Energy, Inc. ENPH
  • First Solar, Inc. FSLR
  • Generac Holdings Inc. GNRC
  • Granite Construction, Inc. GVA
  • IES Holdings, Inc. IESC
  • Itron, Inc. ITRI
  • Nextracker Inc. symbol not shown
  • nVent Electric plc NVT
  • Primoris Services Corporation PRIM
  • Regal Rexnord Corporation RRX
  • Skyworks Solutions, Inc. SWKS
  • SolarEdge Technologies, Inc. SEDG
  • Sunrun Inc. RUN
  • Valmont Industries, Inc. VMI
  • Vertiv Holdings Co. VRT

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025March 12, 2026=◇◇◇
2024March 17, 2025=◇◇◇
2023March 20, 2024=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Fluence Energy disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Fluence Energy 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 — $1,500
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 — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
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.
203 figures on this page: 200 cited to the filing that reported them, 3 calculated from figures it prints.
200 cited to the filing
3 calculated from the filing

Documents cited

  1. 0001868941-26-000008
    Proposal 3 - Advisory Vote on the Compensation of Named Executive Officers The stockholders approved a resolution, through a non-binding advisory vote, to approve the compensation of the Company's nam
  2. 0001140361-26-002380
    CEO Pay Ratio · Director Compensation · Fiscal Year 2025 Director Compensation Table · Grants of Plan-Based Awards · and 2 more sections
  3. 0001868941-25-000044
    Proposal 3 - Advisory Vote on the Compensation of Named Executive Officers The stockholders approved a resolution, through a non-binding advisory vote, to approve the compensation of the Company's nam
  4. 0001868941-24-000032
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0001868941-24-000006
    Summary Compensation Table
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Fluence Energy executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/FLNC (accessed 2026).
Short form: data: Velarion

The paid brief for Fluence Energy

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
5 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 Fluence Energy discloses

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

Advanced Energy Industries, Inc.Ameresco, Inc.Array Technologies, Inc.Bloom Energy CorporationEnerSysEnphase Energy, Inc.First Solar, Inc.Generac Holdings Inc.Granite Construction, Inc.IES Holdings, Inc.Itron, Inc.nVent Electric plcPrimoris Services CorporationRegal Rexnord CorporationSkyworks Solutions, Inc.SolarEdge Technologies, Inc.Sunrun Inc.Valmont Industries, Inc.Vertiv Holdings Co.

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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