---
schema_version: "secwatch.filing_event.v1"
accession: "0001561894-23-000015"
form_type: "8-K"
ticker: "HASI"
cik: "0001561894"
company_name: "HA Sustainable Infrastructure Capital, Inc."
filed_at: "2023-03-01T23:59:59+00:00"
generated_at: "2026-06-18T17:53:59.470188+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Hannon Armstrong elects Kimberly Reed as independent director; Lipson joins board as CEO transition completes

## Summary
- Kimberly A. Reed elected independent director effective March 1, 2023; will serve on Audit and Finance & Risk Committees.
- Jeffrey A. Lipson, current COO/CFO, elected to board effective March 1, 2023, as he becomes CEO and President.
- Board size increased by two to accommodate the new directors.
- Reed receives pro-rata annual director compensation: $110,000 cash retainer plus $145,000 equity grant for 2023.
- Lipson will not receive additional compensation for board service; his CEO employment agreement is effective March 1, 2023.

## SEC filing metadata
- accession: 0001561894-23-000015
- form_type: 8-K
- ticker: HASI
- cik: 0001561894
- company_name: HA Sustainable Infrastructure Capital, Inc.
- filed_at: 2023-03-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1561894/000156189423000015/0001561894-23-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1561894/000156189423000015/hasi-20230227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001561894-23-000015
- JSON: https://secwatch.observer/filing/0001561894-23-000015.json
- Plain text: https://secwatch.observer/filing/0001561894-23-000015.txt

## Key facts
- Executive change
  Jeffrey A. Lipson was elected as Director at HA Sustainable Infrastructure Capital, Inc..
  - Action: elected
  - Role: Director
  source text: the election of Jeffrey A. Lipson to the Board effective March 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1561894/000156189423000015/0001561894-23-000015-index.htm
- Executive change
  Kimberly A. Reed was elected as Independent Director at HA Sustainable Infrastructure Capital, Inc..
  - Action: elected
  - Role: Independent Director
  source text: the election of Kimberly A. Reed to become a new independent director of the Company’s Board of Directors (the “Board”) effective March 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1561894/000156189423000015/0001561894-23-000015-index.htm
- Executive change
  Jeffrey A. Lipson changed role as Chief Executive Officer and President at HA Sustainable Infrastructure Capital, Inc..
  - Action: will transition
  - Role: Chief Executive Officer and President
  source text: Jeffrey A. Lipson will transition from these roles to become the chief executive officer and president of the Company effective March 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1561894/000156189423000015/0001561894-23-000015-index.htm

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