CLNE · Clean Energy Fuels Corp.

Clean Energy Fuels Corp. announced a leadership transition on April 23, 2026, with Barclay F. Corbus appointed as President and CEO, effective April 22, 2026, succeeding Andrew J. Littlefair, who co-founded the company and led it for 30 years. Corbus, previously Senior Vice President, Strategic Development and Head of Renewable Fuels, brings 19 years of experience at Clean Energy. He also joins the Board of Directors. Littlefair will remain a non-employee board member and provide strategic advisory and government-relations consulting services under a three-year agreement. The transition is significant for investors as it marks a change in top leadership after three decades. Corbus's compensation package includes a $750,000 base salary, target annual bonus of 100% of base salary, and an incremental RSU grant of $413,000. His severance terms are generous, with 150% of salary and bonus (300% upon change in control) and full equity acceleration. Littlefair's consulting arrangement provides a $750,000 annual retainer, a $1,000,000 RSU grant, and other benefits, ensuring continuity and alignment. The filing includes the full employment and consulting agreements as exhibits.