leadership
confidence high
sentiment neutral
materiality 0.60
Sunnova appoints Eric M. Williams as CFO; Robert L. Lane departs June 30
Sunnova Energy International Inc.
- Eric M. Williams, 46, appointed EVP, CFO effective June 10, 2024; previously CFO of Diversified Energy Company.
- Compensation includes $475,000 base salary, 75% target bonus, and $2.5M annual LTIP grant target.
- One-time sign-on award of $1.25M (50% RSUs, 25% options, 25% premium options) vesting on third anniversary.
- Additional $300k RSU grant vesting 1/3 per year over three years; relocation assistance up to $100k.
- Robert L. Lane will remain as SVP, Finance through June 30, 2024 to assist transition.