Business
Spruce Power Announces Results from 2025 Annual Meeting of Stockholders and Election of Directors
DENVER, June 25, 2025--Spruce Power Holding Corporation (NYSE: SPRU) ("Spruce" or the "Company"), a leading owner and operator of distributed solar energy assets across the United States, announced today that all proposals at the Annual Meeting of Stockholders held on June 24, 2025 were duly adopted by shareholders. Spruce also confirmed that following the conclusion of the Company's Annual Meeting of Stockholders, Kevin Griffin retired as an independent director and Shawn Kravetz was elected as
About this update from Spruce Power Holding Corporation
[{"type":"text","content":"DENVER, June 25, 2025--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) ("Spruce" or the "Company"), a leading owner and operator of distributed solar energy assets across the United States, announced today that all proposals at the Annual Meeting of Stockholders held on June 24, 2025 were duly adopted by shareholders. Spruce also confirmed that following the conclusion of the Company's Annual Meeting of Stockholders, Kevin Griffin retired as an independent director and Shawn Kravetz was elected as an independent director of its Board of Directors (the "Board").","length":616,"tagName":"p"},{"type":"text","content":""On behalf of the Board, we would like to thank our shareholders for their continued support," said Chris Hayes, Chief Executive Officer of Spruce. "Further, we want to express our appreciation to Kevin Griffin for his many valuable contributions as a member of our Board. Finally, we are pleased to welcome Shawn Kravetz to the Board. Shawn brings a wealth of business acumen including extensive experience in strategy consulting, as a micro-cap investor, and as a public company board member that will enhance our Board's skill set."","length":559,"tagName":"p"},{"type":"text","content":"Results from Annual Meeting of Stockholders","length":43,"tagName":"p"},{"type":"text","content":"2025 Annual Meeting of Stockholders proposals, all of which were recommended by the Board, were duly adopted by Company shareholders:","length":133,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Election of Chris Hayes, Clara Nagy McBane and Shawn Kravetz to the Board of Directors;","length":87,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"The advisory resolution on executive compensation; and","length":54,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"The ratification of independent auditors.","length":41,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":182,"olType":false},{"type":"text","content":"Changes to Board of Directors","length":29,"tagName":"p"},{"type":"text","content":"Kevin Griffin retired as an independent director of Spruce’s Board. Shawn Kravetz was elected as a new independent member of the Board. Spruce’s Board of Directors remains at seven members.","length":189,"ta...