FUELCELL ENERGY INC (FCEL) Form 8-K — Oct 7, 2026
FuelCell Energy's CFO Michael S. Bishop will end his service as EVP, CFO and Treasurer effective October 6, 2026, transitioning to a Senior Advisor role to the CEO through April 6, 2027, at an annualized salary of $461,591. The Board appointed Matthew Latino, previously a segment CFO at Xylem Inc. (NYSE: XYL), as the new EVP, CFO and Treasurer effective October 7, 2026, with a $460,000 base salary, 70% target bonus, $1,000,000 FY2027 LTI target, a $120,000 sign-on bonus, and a $400,000 one-time RSU grant.
Key figures
- Bishop severance usd
- 461591
- Latino base salary usd
- 460000
- Latino signon bonus usd
- 120000
- Latino target bonus pct
- 70
- Transition period months
- 6
- Bishop transition salary usd
- 461591
- Latino fy2027 lti target usd
- 1000000
- Latino one time rsu grant usd
- 400000
- Bishop unvested time vesting rsus
- 68518
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