This Solar Startup's Boss Could Make More Than Goldman Sachs's CEO

  • Heliogen CEO’s 2021 compensation package valued at $37 million
  • Company uses artificial intelligence to generate high heat
Bill T. GrossPhotographer: Patrick T. Fallon/Bloomberg
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A solar-power startup little known outside of the energy industry gave its chief executive officer a bigger pay package last year than banking giant Goldman Sachs Group Inc. lavished on its own leader. It’s also in excess of what Chevron Corp. and NextEra Energy Inc. are paying their top executives this year.

Heliogen Inc., based in Pasadena, California, provided chief executive officer Bill T. Gross with compensation worth $37 million for 2021, according to a filing last month after it went public in late December.