8-K filed August 8, 2024, 7:59 PM ET ticker STEM CIK 0001758766

leadership confidence high sentiment neutral materiality 0.75

Stem appoints Doran Hole as CFO, David Buzby as Executive Chair; launches strategic review

STEM, INC.

Doran Hole named CFO and EVP effective Sept 2, 2024; succeeds Bill Bush who steps down but remains in other roles.
David Buzby appointed Executive Chair; Laura D'Andrea Tyson becomes Lead Independent Director.
Prakesh Patel (Chief Strategy Officer) departs immediately; CSO role eliminated.
Board creates Software Strategy Working Group chaired by Gerard Cunningham.
Company initiates a strategic review of its business to focus on software services growth and cash flow.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

David Buzby

Executive Chair of the Board of Directors

STEM · STEM, INC.

Effective: 2024-08-06
Filed: August 8, 2024, 7:59 PM ET

the Company appointed David Buzby, age 64, as Executive Chair of the Board of Directors (the “Board”) of the Company, effective immediately.

Departed

Prakesh Patel

Chief Strategy Officer

STEM · STEM, INC.

Effective: 2024-08-06
Filed: August 8, 2024, 7:59 PM ET

the Company announced that Prakesh Patel, the Company's Chief Strategy Officer, is departing from the Company, effective immediately.

Departed

William Bush

Chief Financial Officer

STEM · STEM, INC.

Effective: 2024-09-02
Successor: Doran Hole
Filed: August 8, 2024, 7:59 PM ET

William Bush will be stepping down as Chief Financial Officer of the Company, effective September 2, 2024.

Appointed

Doran Hole

Chief Financial Officer and Executive Vice President

STEM · STEM, INC.

Effective: 2024-09-02
Filed: August 8, 2024, 7:59 PM ET

the Company appointed Doran Hole, age 55, as the Company’s Chief Financial Officer and Executive Vice President, effective September 2, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

David Buzby was appointed as Executive Chair of the Board of Directors at STEM, INC..

Action: appointed
Role: Executive Chair of the Board of Directors

Exact text from the filing

the Company appointed David Buzby, age 64, as Executive Chair of the Board of Directors (the “Board”) of the Company, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Prakesh Patel departed as Chief Strategy Officer at STEM, INC..

Action: departing
Role: Chief Strategy Officer

Exact text from the filing

the Company announced that Prakesh Patel, the Company's Chief Strategy Officer, is departing from the Company, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

William Bush departed as Chief Financial Officer at STEM, INC..

Action: stepping down
Role: Chief Financial Officer

Exact text from the filing

William Bush will be stepping down as Chief Financial Officer of the Company, effective September 2, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Doran Hole was appointed as Chief Financial Officer and Executive Vice President at STEM, INC..

Action: appointed
Role: Chief Financial Officer and Executive Vice President

Exact text from the filing

the Company appointed Doran Hole, age 55, as the Company’s Chief Financial Officer and Executive Vice President, effective September 2, 2024.

View on SEC.gov

STEM, INC. filing history →

Source: SEC EDGAR

accession 0001758766-24-000153

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