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Posted 02 February, 2023

SPRUCE POWER HOLDING CORP appointed Christian Fong as new CEO

NYSE:SPRU appointed new Chief Executive Officer Christian Fong in a 8-K filed on 02 February, 2023.


  Effective February 1, 2023, Christian Fong was appointed as Chief Executive Officer of Spruce Power Holding Corporation (the "Company").  

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Overview of SPRUCE POWER HOLDING CORP
Automotive • Automobiles
Spruce Power Holding Corp. engages in the ownership and operation of distributed solar energy assets. The firm provides subscription-based services for homeowners and small businesses to own and maintain rooftop solar and battery storage. It offers products relating to battery solutions, system expansion, extended service agreement, and fleet management. The company was founded by Thomas J. Hynes, III in 2009 and is headquartered in Denver, CO.
Market Cap
$59.0M
View Company Details
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. 


Effective February 1, 2023, Christian Fong was appointed as Chief Executive Officer of Spruce Power Holding Corporation (the "Company"). Mr. Fong will continue to serve as the Company's President and a member of the Company's Board of Directors. Eric Tech resigned as Chief Executive Officer of the Company effective February 1, 2023. Mr. Tech will continue to serve as a member of the Company's Board of Directors.


Mr. Fong, age 46, has served as President and a director of the Company since September 2022. From 2017 to September 2022, Mr. Fong served as the Chief Executive Officer of Spruce Power prior to its acquisition by the Company. Previously, Mr. Fong co-founded Renewable Energy Trust Capital ("RET") in 2010 and served in various executive roles through 2016 with RET. Prior to founding RET, Mr. Fong was a Managing Director and Head of Real Estate Capital Markets at AEGON/Transamerica. Mr. Fong has also previously served as CEO of Corridor Recovery, Inc., as a consultant at McKinsey & Co. Mr. Fong has earned an MBA with High Distinction from Dartmouth College's Tuck School of Business, a B.S. in Statistics, summa cum laude, from Creighton University and the prestigious CFA and CCIM designations. There are no family relationships among Mr. Fong and any other executive officers or directors of the Company.