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Industrials & Aerospace

Nuscale Power Executive Compensation (FY25)

SMR · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
John Hopkins
Median of the other named officers
$1,793,360
5 officers, excluding the chief executive
Latest say-on-pay support
=
May 29, 2026
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4 filings cited on this page
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213 figures on this page: 212 cited to the filing that reported them, 1 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 — John Hopkins: $3,428,071 → $4,084,073 (19.1% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Nuscale Power's chief executive and what were they paid?
John Hopkins, President and Chief Executive Officer, received $4,084,073 in total compensation for fiscal 2025. Hopkins' total moved 19.1% higher from the $3,428,071 reported for fiscal 2024.
What was Nuscale Power's say-on-pay result?
The say-on-pay proposal drew 96.3% of votes cast for or against in favor at the meeting held May 29, 2026 for fiscal 2025.
Which companies are in Nuscale Power's peer group?
Companies named in the disclosed peer group include Bloom Energy, Centrus Energy, Clearway Energy, Energy Fuels and Enovix, among others.

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
John Hopkins
President and Chief Executive Officer
◇◇◇—◇—◇◇
Thomas Mundy
President, VOYGR Services
◇◇◇—◇—◇— not reconciled
Jose Reyes
Chief Technology Officer
◇—◇—◇—◇◇
Clayton Scott
Chief Commercial Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John Hopkins
President and Chief Executive Officer
◇—◇—◇—◇◇
Robert Hamady
Chief Financial Officer
◇◇◇—◇—◇◇
Thomas Mundy
President, VOYGR
◇—◇—◇—◇◇
Jose Reyes
Chief Technology Officer
◇—◇—◇—◇◇
Carl Fisher
Chief Operating Officer
◇—◇—◇—◇◇
Clayton Scott
Chief Commercial Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John Hopkins
President and Chief Executive Officer
◇—◇◇◇—◇◇
Carl Fisher
Chief Operating Officer
◇—◇◇◇—◇◇
Robert Hamady
Chief Financial Officer
◇—◇◇◇—◇◇
Jose Reyes
Chief Technology Officer
◇—◇◇◇—◇◇
Clayton Scott
Chief Commercial Officer
◇—◇◇◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John Hopkins
President and Chief Executive Officer
◇—◇—◇—◇◇
Robert Hamady
Chief Financial Officer
◇—◇—◇—◇◇
Clayton Scott
Chief Commercial Officer
◇—◇—◇—◇◇
Shahram Ghasemian
Chief Legal Officer & Corporate Secretary
◇—◇———◇◇
Carl Fisher
Chief Operating Officer
◇—◇—◇—◇◇
Jose Reyes
Chief Technology 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
Carl FisherRSU◇——◇——◇
Clayton ScottRSU◇——◇——◇
John L. HopkinsRSU◇——◇——◇
Jose ReyesRSU◇——◇——◇
R. Ramsey HamadyRSU◇——◇——◇
Shahram GhasemianRSU◇——◇——◇
Fiscal 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
John HopkinsOption◇—◇02/28/34
RSU◇◇——
RSU◇◇——
RSU◇◇——
Carl FisherOption◇—◇02/28/34
RSU◇◇——
RSU◇◇——
RSU◇◇——
Robert HamadyOption◇—◇02/28/34
RSU◇◇——
RSU◇◇——
RSU◇◇——
Jose ReyesOption◇—◇02/28/34
RSU◇◇——
RSU◇◇——
RSU◇◇——
Clayton ScottOption◇—◇02/28/34
RSU◇◇——
RSU◇◇——
RSU◇◇——
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.
John Hopkins
President and Chief Executive Officer · Amended agreement
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Non-compete period◇
Non-solicit period◇
Clawback◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Kent Kresa
◇◇————◇
Alan L. Boeckmann
Board chair
◇◇———◇◇
Shinji Fujino
◇◇————◇
Bum-Jin Chung
◇◇————◇
Kimberly O. Warnica
◇◇———◇◇
Diana Walters
◇◇————◇
James T. Hackett
◇—————◇
John L. Hopkins, Stuart Harshaw and Dale Klein 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◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
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
  • Bloom Energy BE
  • Centrus Energy LEU
  • Clearway Energy CWEN
  • Energy Fuels CLNE
  • Enovix ENVX
  • Enphase Energy ENPH
  • Eos Energy EOSE
  • EVgo EVGO
  • Oklo OKLO
  • Ormat Technologies ORA
  • QuantumScape QS
  • Uranium Energy UEC

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 29, 2026=◇◇◇

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Sample answer — “What is the CEO’s total compensation?”
- John Hopkins (President and Chief Executive Officer), FY2025 total compensation $4,084,073 (base salary $632,615) [exec_comp, SEC accession 0001822966-26-000042, filed 2026-04-15]

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What this page does not include

Everything above is a fact Nuscale Power disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Nuscale Power 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.
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Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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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.
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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.
213 figures on this page: 212 cited to the filing that reported them, 1 calculated from figures it prints.
212 cited to the filing
1 calculated from the filing

Documents cited

  1. 0001822966-26-000058
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001822966-26-000042
    Director Compensation · Outstanding Equity Awards at Fiscal Year-End · Payments Upon Termination or Change · Summary Executive Compensation Table
  3. 0001822966-25-000059
    Summary Executive Compensation Table
  4. 0001822966-24-000048
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Nuscale Power executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/SMR (accessed 2026).
Short form: data: Velarion

The Nuscale Power 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.
4 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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Industrials & Aerospace rankings

Peers Nuscale Power discloses

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

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}
}