Altus Power Announces CEO Transition
Altus Power, Inc. Class A (AMPS)
Company Research
Source: Business Wire
The Board of Directors has Accepted the Resignation of Lars Norell as co-CEO and Appointed Gregg Felton as sole Chief Executive Officer STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE:AMPS) (“Altus Power” or the “Company”) announced today that the Board of Directors has accepted the resignation of Lars Norell as a co-CEO and as a director of the Company, effective April 26, 2024, and has appointed Gregg Felton as sole Chief Executive Officer of the Company. Mr. Felton will assume all of the duties formerly performed by Mr. Norell.Christine Detrick, Chairperson of Altus Power, said, “The Board has confidence that Gregg will move Altus Power forward with positive momentum and drive long-term shareholder value creation. We express our thanks to Lars for his years of service to the Company.”Robert Bernard, CBRE’s Chief Sustainability Officer, and an Altus Power Director, stated, “Our partnership with Altus Power provides a unique solution that helps CBRE clients reduce their
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News
- Altus Power, Inc. (NYSE: AMPS) had its price target lowered by analysts at Roth Mkm from $7.00 to $5.00. They now have a "buy" rating on the stock.MarketBeat
- Altus Power, Inc. (NYSE: AMPS) had its price target lowered by analysts at B. Riley from $7.00 to $6.00. They now have a "buy" rating on the stock.MarketBeat
- Altus Power, Inc. (NYSE: AMPS) had its price target lowered by analysts at Evercore ISI from $9.00 to $7.00. They now have an "outperform" rating on the stock.MarketBeat
- Altus Power, Inc. (NYSE: AMPS) was downgraded by analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating.MarketBeat
- Altus Power, Inc. (NYSE:AMPS) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
AMPS
Earnings
- 5/9/24 - Beat
AMPS
Sec Filings
- 5/14/24 - Form 8-K
- 5/13/24 - Form DEFA14A
- 5/10/24 - Form 8-K/A
- AMPS's page on the SEC website