Spruce Power appoints Thomas Cimino as permanent CFO, effective immediately

SPRUCE POWER HOLDING CORP

Thomas Cimino appointed permanent CFO effective December 1, 2025; had served as interim since June 2025.
Compensation: base salary $350,000/yr, short-term incentive target 75% of salary, sign-on RSU grant of 60,000 shares.
Cimino brings 25+ years in energy and infrastructure finance, including CFO roles at Vantage Drilling and EnfraGen.
Long-term incentive grant in 2026 of RSUs valued at $311,250; change-in-control severance at 1.5x salary with accelerated vesting.

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