Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
ESS Tech ( (GWH) ) has issued an announcement.
ESS Tech, Inc. announced the resignation of Eric Dresselhuys as CEO and his departure from the board on February 13, 2025. Kelly Goodman, Vice President of Legal, has been appointed interim CEO, tasked with leading the company’s strategic direction as it bids for projects in the long-duration storage market, targeting AI and data center-driven needs. The board has engaged advisors to explore financial opportunities to support this strategic shift, aiming to maximize shareholder value and strengthen the company’s market position.
More about ESS Tech
ESS Tech, Inc. (NYSE: GWH) is a leading manufacturer of iron flow long-duration energy storage systems designed for utility and commercial-scale applications. Established in 2011, the company focuses on accelerating global decarbonization by providing safe and sustainable energy storage solutions that ensure reliability and resiliency for renewable energy sources.
YTD Price Performance: -9.56%
Average Trading Volume: 83,535
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $65.24M
Learn more about GWH stock on TipRanks’ Stock Analysis page.
