Clean Energy Fuels names JJ Armstrong CFO, succeeding Robert Vreeland; base salary $500,000
Clean Energy Fuels Corp.
Jason 'JJ' Armstrong, VP and Corporate Controller since 2015, appointed CFO effective Oct 6, 2026; he also becomes Principal Financial and Accounting Officer.
Robert Vreeland departs after a dozen years as CFO; the press release says he is heading into retirement and thanks him for his leadership.
Armstrong's employment agreement: $500,000 annual base salary, annual bonus up to 100% of salary, initial term ending Oct 6, 2029.
Incremental equity grant of 35,000 time-vesting RSUs, vesting in three substantially equal annual installments from the transition date.
Severance if terminated without cause: 150% of base salary plus 150% of prior-year bonus; 225% multiples if within six months before or one year after a change in control.
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