Spruce Power Picks Christian Fong As Next CEO

  • Spruce Power Holding Corp SPRU has appointed President and Director Christian Fong as its Chief Executive Officer, effective February 1, 2023.
  • Fong will succeed Eric Tech, who will remain on the Board of Directors. 
  • Fong has over fifteen years of executive leadership experience in the power and energy industry.
  • Fong assumed leadership of Spruce Power in 2017, where he built Spruce into the largest privately held residential solar owner/operator in North America.
  • Outgoing CEO Eric Tech added, "Following on the exit of the XL Fleet Drivetrain business announced in December, today's actions effectively complete the post-merger transition plan between XL Fleet and Spruce Power."
  • Related to the transition plan, the company officially moved its headquarters to Denver, Colorado, effective January 1, 2023.
  • Price Action: SPRU shares are trading higher by 0.97% at $0.99 on the last check Monday.
  • Photo Via Company
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsPenny StocksManagementGeneralBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!