Clearway Energy finalizes CEO transition consulting agreement with Christopher Sotos

Clearway Energy, Inc.

Christopher Sotos steps down as President and CEO on June 30, 2024, as previously disclosed.
On June 20, Clearway entered a Consulting Agreement with Sotos effective July 1, 2024.
Consulting term is two months through Aug 31, 2024, renewable for successive two-month terms.
Compensation: $33,334 per two-month term plus $1,500/hour for hours over 20 per period.
Services include transition advisory and conflict-transaction support for the Board committee.

item 5.02 item 9.01

Executive movements

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Departed

Christopher S. Sotos

President and Chief Executive Officer

CWEN · Clearway Energy, Inc.

Effective: 2024-06-30
Filed: June 25, 2024, 7:59 PM ET

Christopher S. Sotos informed Clearway Energy, Inc. (the “Company”) on April 30, 2024 that, effective as of June 30, 2024, 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 (the “Board”) of the Company.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Christopher S. Sotos resigned as President and Chief Executive Officer at Clearway Energy, Inc..

Action: resigned
Role: President and Chief Executive Officer

Exact text from the filing

Christopher S. Sotos informed Clearway Energy, Inc. (the “Company”) on April 30, 2024 that, effective as of June 30, 2024, 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 (the “Board”) of the Company.

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Clearway Energy, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-24-074480

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