Sunrun CEO transition: Jurich to Exec Chair, Mary Powell CEO; guides FY growth 30%, Q2 revenue $401M

Sunrun Inc.

CEO Lynn Jurich to Executive Co-Chair; Mary Powell (ex-Green Mountain Power CEO) becomes CEO effective Aug 31, 2021.
Q2 revenue $401.2M (+121% YoY); net loss $41.2M ($0.20 per share).
Customer additions 26,110 (19% pro-forma growth); total customers 599,743.
Full-year 2021 growth guidance raised to 30% (from prior 25-30%).
Net Subscriber Value $5,574; Total Value Generated $122M in Q2.

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