Short answer
NRG Energy (NRG) filed an 8-K current report with the SEC on April 30, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). Gaudette became CEO April 30, 2026, formalizing leadership succession after Coben’s departure.
NRG Energy 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Gaudette became CEO April 30, 2026, formalizing leadership succession after Coben’s departure
- CEO compensation includes $1.2M base salary, 125% target annual bonus, and $5.07M 2026 equity grant
- 2027 equity target equals at least 825% of base salary, creating significant long-term incentive alignment
- CEO severance reaches 2.99 times salary plus target bonus after qualifying change-in-control termination
- Former CEO Coben remains advisor through January 4, 2027, with $739,500 salary and $1,848,750 target 2026 bonus
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