secwatch.observer — SEC 8-K summary
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Issuer:     STEM, INC. (STEM)
CIK:        0001758766
Form:       8-K
Filed at:   2025-07-02T23:59:59+00:00
Accession:  0001193125-25-154971
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1758766/000119312525154971/0001193125-25-154971-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1758766/000119312525154971/d63569d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-154971

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer