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Stock impact report

Stem Announces CEO Transition

Stem, Inc. Class A (STEM) 
US:NASDAQ Investor Relations: investor.stemcellsinc.com
Company Research Source: Business Wire
John Carrington Steps Down as CEO, to Serve in Advisory Role for Remainder of 2024Board Appoints David Buzby as Interim Chief Executive Officer SAN FRANCISCO--(BUSINESS WIRE)--Stem, Inc. (NYSE: STEM), a global leader in artificial intelligence (AI)-driven clean energy software and services, today announced that John Carrington has stepped down as Chief Executive Officer (CEO) and as a member of the Board of Directors, effective immediately. To ensure a smooth transition, Mr. Carrington will serve in an advisory capacity through December 31, 2024. Stem’s Board, with assistance of an executive search firm, is conducting a search, which will include internal and external candidates, to identify a permanent CEO to lead Stem’s evolution as a leading energy software, technology, and services company.David Buzby, Executive Chair of the Company’s Board of Directors, has been appointed interim CEO, effective immediately. Mr. Buzby will continue to serve in his current role as Executive Chai Show less Read more
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