Stem Inc ( (STEM) ) just unveiled an announcement.
Stem, Inc. has undergone a significant leadership transformation with the resignation of CEO John Carrington, who will stay on as a strategic advisor during a transition period through the end of the year. Meanwhile, David Buzby, the company’s current Chairman, steps in as interim CEO, bringing with him a wealth of experience from various energy-focused roles, including his recent position at Wondrwall Group Ltd. His interim CEO compensation includes a base salary, performance-based cash incentives, stock options, and other benefits, all detailed in an executive employment agreement.
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