Clearway Energy (NYSE:CWENa), Inc. (NYSE:CWEN), a leader in electric services, announced the upcoming departure of board member Guillaume Hédiard. The company received Hédiard's resignation notice on November 20, 2024, with his departure effective as of the close of business on December 4, 2024.
Hédiard's decision to step down from the board of Clearway (NYSE:CWEN) Energy was not due to any disagreement with the company, as stated in the recent 8-K filing with the Securities and Exchange Commission. The board has already commenced the search for a suitable replacement to fill the vacancy left by Hédiard.
Clearway Energy, headquartered in Princeton, NJ, operates under the electric services industry and is incorporated in Delaware. The company's common stock is traded on the New York Stock Exchange under the symbols CWEN.A for Class A Common Stock and CWEN for Class C Common Stock.
This announcement comes amid the regular corporate governance processes that see changes in board composition. The company's SEC filing did not disclose further details regarding the reasons for Hédiard's departure or potential candidates for the vacant board position.
Clearway Energy, formerly known as NRG Yield, Inc., has undergone previous name changes, with the latest occurring in 2013 when it was renamed from NRG Yieldco, Inc. As the company prepares for this transition, it continues to focus on its core business operations within the energy sector.
The information is based on a press release statement and provides investors and stakeholders with the latest developments in the company's leadership structure. As the search for a new board member progresses, further announcements are anticipated.
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