Energy Vault Holdings (NRGV) has issued an update.
Michael Beer has been appointed the new Chief Financial Officer of Energy Vault Holdings, Inc., bringing a wealth of experience from his previous roles at FreeWire Technologies, Luminar Technologies, and Citigroup. He holds an impressive academic background with degrees from the Eller College of Management and the Wharton School. Beer’s compensation includes a $375,000 base salary, potential bonuses, and significant stock options and units, with provisions for additional benefits upon termination under certain conditions. His financial acumen and strategic insights are expected to steer the company towards favorable growth in the competitive financial landscape.
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