Stem appoints Michael Carlson as COO with $375k base salary and $625k equity award

STEM, INC.

Appointed Michael Carlson as COO effective Sept 26, 2022; reports to CEO John Carrington.
Base salary $375k, sign-on cash bonus $150k, sign-on LTI equity award $625k (50% RSUs, 50% options, 4-year vest).
Carlson brings 30 years experience including VP at Koch Engineered Solutions, prior roles at Siemens, GE, ABB.
Eligible for annual cash incentive at 50% of base salary and long-term equity incentives.

item 5.02 item 7.01 item 9.01

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Appointed

Michael Carlson

Chief Operating Officer

STEM · STEM, INC.

Effective: 2022-09-26
Filed: September 21, 2022, 7:59 PM ET

On September 21, 2022, Stem, Inc. (the “Company”) appointed Michael Carlson as the Company’s Chief Operating Officer, effective September 26, 2022 (the “Effective Date”).

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Carlson was appointed as Chief Operating Officer at STEM, INC..

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

On September 21, 2022, Stem, Inc. (the “Company”) appointed Michael Carlson as the Company’s Chief Operating Officer, effective September 26, 2022 (the “Effective Date”).

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Source: SEC EDGAR

accession 0001758766-22-000167

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