HA Sustainable Infrastructure Capital (HASI) executive compensation, 2026 proxy

Jeffrey A. Lipson, Director, Chief Executive Officer and President, was paid $9.6M in 2025, up 14% from $8.4M the year before. The CEO-to-median-employee pay ratio was 36:1, on median employee pay of $265,886.

Filed
April 13, 2026
Annual meeting
June 3, 2026
Pay year
2025
Named executives
6
CEO total pay
$9.6M+14% vs prior year
CEO to median employee
36:1median $265,886
CEO pay in equity
63%$6M in awards
CEO Total Compensation
$9.57MFor fiscal year 2025
CEO Pay Ratio
36xCompared to median employee

How Lipson was paid

$9.6M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary8%Stock awards63%Non-equity incentive28%All other compensation0%

Named executive officers

ExecutiveTotal
Jeffrey A. LipsonDirector, Chief Executive Officer and President$9,566,821
Charles W. MelkoSenior Managing Director and Chief Financial Officer$1,975,791
Marc T. PangburnSenior Managing Director and Chief Revenue and Strategy Officer$4,370,918
Steven L. ChusloExecutive Vice President and Chief Legal Officer$2,604,390
Nitya GopalakrishnanSenior Managing Director and Chief Operating Officer$1,728,810
Susan D. NickeySenior Managing Director and Chief Client Officer$3,278,413

What changed and why

  • $9.6MChief executive officer total compensation increased to $9,566,821 in 2025 compared to $8,399,696 in 2024.
  • $6MStock awards for the chief executive officer totaled $6,032,138 during the fiscal year.
  • $2.7MNon-equity incentive plan compensation for the chief executive officer was $2,709,875 for 2025.
  • Chief executive officer compensation was 36 times the compensation of the median employee.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.