Andrew Marsh - Plug Power President CEO, Director

PLUN Stock  EUR 1.80  0.04  2.27%   

CEO

Mr. Andrew J. Marsh is President, Chief Executive Officer and Director of the Plug Power Inc. since April 8, 2008. As President and CEO, Marsh plans and directs all aspects of the organization policies and objectives, and is focused on building a company that leverages Plug Power combination of technological expertise, talented people and focus on sales growth to continue the Company leadership stance in the future alternative energy economy. Previously, Mr. Marsh was a cofounder of Valere Power, where he served as CEO and Board Member from the Company inception in 2001 through its sale to Eltek ASA in 2007. Under his leadership, Valere grew into a profitable global operation with over 200 employees and 90 million in revenues derived from the sale of DC power products to the telecommunications sector. During Mr. Marsh tenure, Valere Power received many awards such as the Tech Titan award as the fastest growing technology company in the DallasFort Worth area and the Red Herring Top 100 Innovator Award. Prior to founding Valere, he spent almost 18 years with Lucent Bell Laboratories in a variety of sales and technical management positions. Mr. Marsh represents the Company in its role as supporting member of the Hydrogen council, a global initiative of leading energy, transport and industry companies with a united vision and longterm ambition for hydrogen to foster the energy transition. Mr. Marsh is a member of the board of directors of GEVO, Inc. and the Capital Region Center for Economic Growth since 2008.
Age 67
Tenure 16 years
Phone518 782 7700
Webhttps://www.plugpower.com
Marsh holds a BS in Electrical Engineering Technology from Temple University, where he is a member of the 2017 Gallery of Success, a MS in Electrical Engineering from Duke University and a Masters of Business Administration from Southern Methodist University.

Plug Power Management Efficiency

The company has return on total asset (ROA) of (0.0686) % which means that it has lost $0.0686 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1553) %, meaning that it generated substantial loss on money invested by shareholders. Plug Power's management efficiency ratios could be used to measure how well Plug Power manages its routine affairs as well as how well it operates its assets and liabilities.
Plug Power has accumulated 305.43 M in total debt with debt to equity ratio (D/E) of 820.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Plug Power has a current ratio of 1.84, which is within standard range for the sector. Debt can assist Plug Power until it has trouble settling it off, either with new capital or with free cash flow. So, Plug Power's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Plug Power sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Plug to invest in growth at high rates of return. When we think about Plug Power's use of debt, we should always consider it together with cash and equity.

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Plug Power Inc., an alternative energy technology provider, engages in the design, development, manufacture, and commercialization of hydrogen and fuel cell systems for the material handling and stationary power markets primarily in North America and Europe. Plug Power Inc. was founded in 1997 and is headquartered in Latham, New York. PLUG POWER operates under Electronic Components classification in Germany and is traded on Frankfurt Stock Exchange. It employs 575 people. Plug Power (PLUN) is traded on Frankfurt Exchange in Germany and employs 2,249 people.

Management Performance

Plug Power Leadership Team

Elected by the shareholders, the Plug Power's board of directors comprises two types of representatives: Plug Power inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Plug. The board's role is to monitor Plug Power's management team and ensure that shareholders' interests are well served. Plug Power's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Plug Power's outside directors are responsible for providing unbiased perspectives on the board's policies.
Keith Schmid, GM Devel
Tammy Kimble, VP HR
Dirk Hoefelmann, Ex Electrolyzers
Martin Hull, Chief Accounting Officer, Corporate Controller
Andrew Marsh, President CEO, Director
Sanjay Shrestha, GM VP
Tim Cortes, Chief Officer
Gerard Conway, Senior Vice President General Counsel, Corporate Secretary
Preeti Pande, Chief Officer
Paul CPA, Ex CFO

Plug Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Plug Power a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Additional Information and Resources on Investing in Plug Stock

When determining whether Plug Power is a strong investment it is important to analyze Plug Power's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Plug Power's future performance. For an informed investment choice regarding Plug Stock, refer to the following important reports:
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Please note, there is a significant difference between Plug Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plug Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plug Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.