---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-154971"
form_type: "8-K"
ticker: "STEM"
cik: "0001758766"
company_name: "STEM, INC."
filed_at: "2025-07-02T23:59:59+00:00"
generated_at: "2026-05-18T09:39:44.554454+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Stem appoints Brian Musfeldt as CFO effective July 17; Doran Hole steps down

## Summary
- Brian Musfeldt named CFO; previously CFO of AlsoEnergy (acquired by Stem in 2022) and most recently CFO of ikeGPS.
- Musfeldt receives $400K base salary, $50K sign-on bonus, and equity awards including RSUs, PSUs, and stock options.
- Doran Hole steps down as CFO and EVP effective July 17, will advise through July 31 to ensure orderly transition.
- CEO Arun Narayanan cites alignment with strategic direction focused on growing software services revenue and profitable growth.

## SEC filing metadata
- accession: 0001193125-25-154971
- form_type: 8-K
- ticker: STEM
- cik: 0001758766
- company_name: STEM, INC.
- filed_at: 2025-07-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1758766/000119312525154971/0001193125-25-154971-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1758766/000119312525154971/d63569d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-154971
- JSON: https://secwatch.observer/filing/0001193125-25-154971.json
- Plain text: https://secwatch.observer/filing/0001193125-25-154971.txt

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