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Stem Inc ( (STEM) ) just unveiled an announcement.
Stem, Inc. announced that its board has appointed Arun Narayanan as the new CEO, effective January 27, 2025, succeeding interim CEO David Buzby who will continue as the non-executive Chair of the Board. Mr. Narayanan, previously CEO of RES Digital Solutions, brings extensive experience from his roles at Anglo American plc and SLB. His appointment includes a comprehensive compensation package with base salary, bonuses, and long-term incentives, reflecting the company’s strategic move to strengthen its leadership. This transition is expected to bolster Stem, Inc.’s position in the industry and potentially impact stakeholders positively.
More about Stem Inc
YTD Price Performance: -1.79%
Average Trading Volume: 12,033,215
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $136.1M
Find detailed analytics on STEM stock on TipRanks’ Stock Analysis page.
