Array Technologies, Inc. (ARRY)

7.06 +0.33 (+4.90%) At close: 04:00PM EDT

Array Technologies, Inc.

3901 Midway Place NE
Albuquerque, NM 87109
United States
505 881 7567
https://arraytechinc.com

Sector(s): Technology
Industry: Solar
Full-time employees: 1,013

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Kevin G. Hostetler	CEO & Director	2.12M	N/A	1968
Mr. Neil Manning	COO & President	826.52k	N/A	1971
Mr. Tyson K. Hottinger	Chief Legal Officer	653.7k	N/A	1981
Mr. Terrance L. Collins	Chief Human Resources Officer	713.48k	N/A	1965
Mr. James Zhu	Chief Accounting Officer	N/A	N/A	1962
Mr. Aaron Gabelnick	Chief Strategy & Technology Officer	N/A	N/A	N/A
Ms. Jessica Lawrence-Vaca	Chief Commercial Officer	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Array Technologies, Inc. manufactures and sells ground-mounting tracking systems used in solar energy projects in the United States, Spain, Brazil, Australia, and internationally. The company operates in two segments, Array Legacy Operations and STI Operations. Its products portfolio includes DuraTrack HZ v3, a single axis tracker; Array STI H250 that delivers a lower levelized cost of energy with tracker system; Array OmniTrack; and SmarTrack, a software product that uses site-specific historical weather and energy production data in combination with machine learning algorithms to identify the optimal position for a solar array in real time to enhance energy production. Array Technologies, Inc. was incorporated in 1987 and is headquartered in Albuquerque, New Mexico.

Corporate governance

Array Technologies, Inc.’s ISS governance QualityScore as of 1 October 2024 is 7. The pillar scores are Audit: 10; Board: 7; Shareholder rights: 8; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.