Spruce Power Picks Christian Fong As Next CEO

  • Spruce Power Holding Corp SPRU has appointed President and Director Christian Fong as its Chief Executive Officer, effective February 1, 2023.
  • Fong will succeed Eric Tech, who will remain on the Board of Directors. 
  • Fong has over fifteen years of executive leadership experience in the power and energy industry.
  • Fong assumed leadership of Spruce Power in 2017, where he built Spruce into the largest privately held residential solar owner/operator in North America.
  • Outgoing CEO Eric Tech added, "Following on the exit of the XL Fleet Drivetrain business announced in December, today's actions effectively complete the post-merger transition plan between XL Fleet and Spruce Power."
  • Related to the transition plan, the company officially moved its headquarters to Denver, Colorado, effective January 1, 2023.
  • Price Action: SPRU shares are trading higher by 0.97% at $0.99 on the last check Monday.
  • Photo Via Company
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