---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-054956"
form_type: "8-K"
ticker: "CWEN"
cik: "0001567683"
company_name: "Clearway Energy, Inc."
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:24:15.219566+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Clearway Energy CEO Chris Sotos to step down June 30; Craig Cornelius named successor

## Summary
- Chris Sotos resigns as CEO and director effective June 30, 2024; separation includes pro-rata 2024 bonus and waiver of non-compete.
- Craig Cornelius, CEO of sponsor Clearway Energy Group, appointed CEO and board member effective June 30.
- Cornelius compensation: $750,000 base salary, 175% target bonus, 350% LTIP target, and 375,000 restricted shares vesting over 3 years.
- Company reaffirms 2024 CAFD guidance of $395M; expects upper range of 5-8% annual dividend growth through 2026.

## SEC filing metadata
- accession: 0001104659-24-054956
- form_type: 8-K
- ticker: CWEN
- cik: 0001567683
- company_name: Clearway Energy, Inc.
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1567683/000110465924054956/0001104659-24-054956-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1567683/000110465924054956/tm2413039d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-054956
- JSON: https://secwatch.observer/filing/0001104659-24-054956.json
- Plain text: https://secwatch.observer/filing/0001104659-24-054956.txt

## Key facts
- Executive change
  Craig Cornelius was appointed as Chief Executive Officer at Clearway Energy, Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: the Board elected Craig Cornelius to serve as a member of the Board and appointed Mr. Cornelius to serve as the Chief Executive Officer of the Company, in each case effective as of the Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1567683/000110465924054956/0001104659-24-054956-index.htm
- Executive change
  Christopher S. Sotos resigned as President and Chief Executive Officer at Clearway Energy, Inc..
  - Action: resigned
  - Role: President and Chief Executive Officer
  source text: Christopher S. Sotos informed Clearway Energy, Inc. (the “Company”) that, effective as of June 30, 2024 (the “Effective Date), he will move on from his position as President and Chief Executive Officer of the Company and resign from his role as a member of the Board of Directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1567683/000110465924054956/0001104659-24-054956-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.