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Nextracker Inc. (NXT)

NasdaqGM - NasdaqGM Real-time price. Currency in USD
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43.74+0.87 (+2.02%)
As of 03:22PM EDT. Market open.

Nextracker Inc.

6200 Paseo Padre Parkway
Fremont, CA 94555
United States
510 270 2500
https://www.nextracker.com

Sector(s)Technology
IndustrySolar
Full-time employees606

Key executives

NameTitlePayExercisedYear born
Mr. Daniel S. ShugarCo-Founder, CEO & Director885.45kN/A1964
Mr. Howard J. WengerDirector & President785.63kN/A1960
Mr. Nicholas MillerCo-Founder & COO520.09kN/A1969
Mr. David P. BennettChief Financial Officer873.04kN/A1970
Mr. Bruce R. LedesmaPresident of Strategy & Administration758.54kN/A1968
Mr. Marco GarciaCo-Founder & Chief Commercial OfficerN/AN/AN/A
Mr. Alex AuCo-Founder & CTON/AN/AN/A
Mr. Mike MehawichCo-Founder & Chief Strategy OfficerN/AN/AN/A
Ms. Leah Schlesinger Esq.General Counsel, Chief Ethics & Compliance Officer and Secretary344.99kN/A1964
Ms. Kristan KirshVice President of Global MarketingN/AN/AN/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

Nextracker Inc., an energy solutions company, provides solar tracker and software solutions for utility-scale and ground-mounted distributed generation solar projects worldwide. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; NX Gemini, a two-in-portrait format tracker, which holds two rows of solar panels along the central support beam; and NX Horizon-XTR, a terrain-following tracker designed to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain. It also provides monitoring and control software solutions including TrueCapture, a solar boosting power plant, which boost plant performance by correcting for shading and diffuse light conditions; and NX Navigator, a mitigating extreme weather risk navigator which helps to maintain optimum tracker equipment health and availability. The company was founded in 2013 and is headquartered in Fremont, California.

Corporate governance

Nextracker Inc.’s ISS governance QualityScore as of 1 May 2024 is 8. The pillar scores are Audit: 7; Board: 10; Shareholder rights: 6; Compensation: 4.

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.