FuelCell Energy appoints Michael Hill EVP & Chief Commercial Officer; base salary $450k

FUELCELL ENERGY INC

Michael Hill appointed EVP & Chief Commercial Officer effective May 5, 2025.
Annual base salary of $450,000; FY2025 target bonus equal to 100% of base salary.
FY2026 long-term incentive target of $300,000 (50% PSUs on relative TSR, 50% RSUs).
Severance: 6 months base salary for termination without cause or for good reason.
Change-in-control severance: 1 year base salary plus 1 year average annual bonus.

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