Leadership & Pay ·
Fluence Energy pays $593,750 plus accelerated equity to departing SVP Peter Williams
FLNCFluence Energy, Inc.
Fluence Energy entered into a separation agreement with former Senior Vice President and Chief Product Officer Peter Williams. The settlement includes a lump sum payment of $593,750, subject to payroll deductions, along with the accelerated vesting of 12,184 restricted stock units (RSUs) and 11,347 performance share units (PSUs). Additionally, the company will reimburse COBRA premiums for twelve months if Williams elects coverage. The agreement requires Williams to execute a release of claims and adhere to confidentiality and non-disparagement obligations. Fluence Energy develops energy storage systems and grid services software.