Stem (STEM) announced that its board has increased the size of the board from seven to eight directors and appointed Arun Narayanan, Stem’s CEO, to serve as a Class I Director, effective Dec. 1. Since joining Stem as CEO in January 2025, Narayanan has led the company’s strategic execution, driving focus on the PowerTrack software platform and achieving significant operational milestones, including positive adjusted EBITDA and accelerating software revenue growth.
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