Spruce Power CFO Resigns, Search for Successor Begins

Dow Jones

May 06, 2025

By Adam L. Cataldo

Spruce Power Chief Financial Officer Sarah Wells has resigned and the search for a permanent successor is under way.

The company said Monday that Wells resigned to pursue other opportunities. Her resignation is effective May 14, the same day the company is scheduled to report earnings for the first quarter.

"We intend to identify a strong successor with capital markets expertise and a track record of driving operational efficiencies and executing growth strategies," Chief Executive Chris Hayes said.

Wells joined Spruce in 2018, and is also the head of sustainability, according to the company's website.

Denver-based Spruce is an owner and operator of distributed solar energy assets in the U.S.

Write to Adam Cataldo at adam.cataldo@wsj.com

(END) Dow Jones Newswires

May 05, 2025 18:47 ET (22:47 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2533562069"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2533562069\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2533562069?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-06 06:47","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2533562069","market":"fut","top_or_hot":-1,"title":"Spruce Power CFO Resigns, Search for Successor Begins","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Adam L. Cataldo \n</p>\n<pre>\n \n</pre>\n<p>\n  Spruce Power Chief Financial Officer Sarah Wells has resigned and the search for a permanent successor is under way. \n</p>\n<p>\n  The company said Monday that Wells resigned to pursue other opportunities. Her resignation is effective May 14, the same day the company is scheduled to report earnings for the first quarter. \n</p>\n<p>\n  \"We intend to identify a strong successor with capital markets expertise and a track record of driving operational efficiencies and executing growth strategies,\" Chief Executive Chris Hayes said. \n</p>\n<p>\n  Wells joined Spruce in 2018, and is also the head of sustainability, according to the company's website. \n</p>\n<p>\n  Denver-based Spruce is an owner and operator of distributed solar energy assets in the U.S. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Adam Cataldo at adam.cataldo@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 05, 2025 18:47 ET (22:47 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Spruce Power CFO Resigns, Search for Successor Begins</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSpruce Power CFO Resigns, Search for Successor Begins\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-06 06:47</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Adam L. Cataldo \n</p>\n<pre>\n \n</pre>\n<p>\n  Spruce Power Chief Financial Officer Sarah Wells has resigned and the search for a permanent successor is under way. \n</p>\n<p>\n  The company said Monday that Wells resigned to pursue other opportunities. Her resignation is effective May 14, the same day the company is scheduled to report earnings for the first quarter. \n</p>\n<p>\n  \"We intend to identify a strong successor with capital markets expertise and a track record of driving operational efficiencies and executing growth strategies,\" Chief Executive Chris Hayes said. \n</p>\n<p>\n  Wells joined Spruce in 2018, and is also the head of sustainability, according to the company's website. \n</p>\n<p>\n  Denver-based Spruce is an owner and operator of distributed solar energy assets in the U.S. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Adam Cataldo at adam.cataldo@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 05, 2025 18:47 ET (22:47 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4124","symbol_name":"机动车零配件与设备","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2533562069","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2533562069","pubTimestamp":1746485220,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Spruce Power Chief Financial Officer Sarah Wells has resigned and the search for a permanent successor is under way.The company said Monday that Wells resigned to pursue other opportunities. Her resignation is effective May 14, the same day the company is scheduled to report earnings for the first quarter.\"We intend to identify a strong successor with capital markets expertise and a track record of driving operational efficiencies and executing growth strategies,\" Chief Executive Chris Hayes said.Wells joined Spruce in 2018, and is also the head of sustainability, according to the company's website.Denver-based Spruce is an owner and operator of distributed solar energy assets in the U.S.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4124":"机动车零配件与设备","BK4234":"特殊用途房地产信托","BK4084":"特种房地产投资信托","SPRU":"Spruce Power Holding Corporation","PW":"Power REIT","BK4133":"新能源发电业者"},"translate_title":"Spruce Power首席财务官辞职，开始寻找继任者","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PW":1,"SPRU":0.9},"content_text":"By Adam L. Cataldo \n\n\n \n\n\n  Spruce Power Chief Financial Officer Sarah Wells has resigned and the search for a permanent successor is under way. \n\n\n  The company said Monday that Wells resigned to pursue other opportunities. Her resignation is effective May 14, the same day the company is scheduled to report earnings for the first quarter. \n\n\n  \"We intend to identify a strong successor with capital markets expertise and a track record of driving operational efficiencies and executing growth strategies,\" Chief Executive Chris Hayes said. \n\n\n  Wells joined Spruce in 2018, and is also the head of sustainability, according to the company's website. \n\n\n  Denver-based Spruce is an owner and operator of distributed solar energy assets in the U.S. \n\n\n \n\n\n  Write to Adam Cataldo at adam.cataldo@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 05, 2025 18:47 ET (22:47 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}