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Spruce Power Announces Chief Financial Officer Transition
DENVER, May 05, 2025--Spruce Power Holding Corporation (NYSE: SPRU) ("Spruce" or the "Company") today announced that Sarah Wells, Chief Financial Officer ("CFO"), has resigned, effective May 14, 2025, to pursue other opportunities. Spruce expects to appoint an interim CFO prior to Wells departing. The Company is undertaking a search to fill the CFO position on a permanent basis.
About this update from Spruce Power Holding Corporation
[{"type":"text","content":"DENVER, May 05, 2025--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) ("Spruce" or the "Company") today announced that Sarah Wells, Chief Financial Officer ("CFO"), has resigned, effective May 14, 2025, to pursue other opportunities. Spruce expects to appoint an interim CFO prior to Wells departing. The Company is undertaking a search to fill the CFO position on a permanent basis.","length":428,"tagName":"p"},{"type":"text","content":""I would like to thank Sarah for her numerous contributions to Spruce’s growth and development, and we wish her the best going forward," said Chris Hayes, Chief Executive Officer of Spruce. "We intend to identify a strong successor with capital markets expertise and a track record of driving operational efficiencies and executing growth strategies."","length":371,"tagName":"p"},{"type":"text","content":"The company will hold its first quarter 2025 earnings results webcast as scheduled on May 14, 2025, at 4:30 p.m. ET. The live webcast will be available at https://investors.sprucepower.com/overview/default.aspx","length":210,"tagName":"p"},{"type":"text","content":"About Spruce Power","length":18,"tagName":"p"},{"type":"text","content":"Spruce Power Holding Corporation (NYSE: SPRU) is a leading owner and operator of distributed solar energy assets across the United States. We provide subscription-based services that make it easy for homeowners to benefit from rooftop solar power and battery storage. Our power as-a-service model allows consumers to access new technology without making a significant upfront investment or incurring maintenance costs. Our company owns the cash flows from approximately 85,000 home solar assets and contracts across the United States. For additional information, please visit www.sprucepower.com.","length":596,"tagName":"p"},{"type":"text","content":"Forward Looking Statements","length":26,"tagName":"p"},{"type":"text","content":"Certain statements in this press release may constitute "forward-looking statements" within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and rules promulgated thereunder. Forward-looking stat...