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Altus Power, Inc. Announces Appointment of Diane Brink to Board of Directors

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Altus Power, Inc. (NYSE: AMPS) has appointed Diane Brink to its Board of Directors, effective immediately. Brink will chair the Compensation Committee and serve on the Audit Committee. With over 35 years of experience at IBM, including her role as Chief Marketing Officer, Brink's expertise in digital transformation and customer experience is expected to enhance Altus' mission of creating a clean electrification ecosystem. She replaces Sharon Daley, who resigned on January 18, 2023, to pursue other opportunities. Brink will serve until the 2025 annual meeting, continuing Altus Power's commitment to solar facility development.

Positive
  • Diane Brink's extensive marketing experience at IBM can enhance Altus Power's brand and customer relations.
  • Brink's role in digital transformation aligns with Altus Power's strategic goals.
Negative
  • Sharon Daley's departure may create a gap in continuity and experience on the Board.

STAMFORD, Conn.--(BUSINESS WIRE)-- Altus Power, Inc. (“Altus Power” or the “Company”) (NYSE: AMPS), the premier independent developer, owner and operator of commercial-scale solar facilities, today announced that Diane Brink has joined its Board of Directors. Ms. Brink will additionally chair the Compensation Committee and serve as a member of the Audit Committee.

(Photo: Business Wire)

(Photo: Business Wire)

“Diane’s proven track record leading marketing and customer experience complements the skill set of our current Board of Directors,” said Christine Detrick, Chairperson of Altus Power. “Altus Power is in the business of building customer relationships, and we believe Diane’s expertise will prove invaluable in the coming years as we continue to expand our brand.”

“I am honored to join the Board of Directors of Altus Power and look forward to supporting their mission to create a clean electrification ecosystem for every home, business and electric vehicle,” commented Brink. “I believe my work in digital transformation, go to market and technology will lend itself well to Altus Power’s strategy.”

Ms. Brink brings over thirty-five years of experience at IBM where she was most recently Chief Marketing Officer of IBM Global Technology Services. Ms. Brink is a Senior Fellow and Adjunct Professor at the Kellogg School of Management at Northwestern University, Kellogg Markets and Customers Initiative. Ms. Brink is currently a member of the Belden, Inc (NYSE: BDC) Board of Directors and the indie Semiconductor (NASDAQ: INDI) Board of Directors.

Ms. Brink replaces the Board position previously held by Sharon Daley, who effective as of January 18, 2023, has resigned as a director of the Company to pursue other professional opportunities. Ms. Brink will serve as director for the remainder of Ms. Daley’s term, which expires at the Company’s 2025 annual meeting of stockholders.

About Altus Power, Inc.

Altus Power, based in Stamford, Connecticut, is the premier independent commercial-scale clean electrification company serving commercial, industrial, public sector and community solar customers with an end-to-end solution. Altus Power originates, develops, owns and operates locally-sited solar generation, energy storage and charging infrastructure across the nation. Visit www.altuspower.com to learn more.

Altus Power:

Chris Shelton

Head of IR

InvestorRelations@altuspower.com

Source: Altus Power, Inc.

FAQ

Who is Diane Brink in relation to Altus Power?

Diane Brink has joined the Board of Directors of Altus Power, bringing extensive marketing experience from her career at IBM.

What role will Diane Brink hold at Altus Power?

Diane Brink will chair the Compensation Committee and serve on the Audit Committee.

Why did Sharon Daley resign from Altus Power's Board?

Sharon Daley resigned to pursue other professional opportunities, effective January 18, 2023.

What is the significance of Diane Brink joining the Board?

Her expertise in customer experience and digital transformation is expected to strengthen Altus Power's strategy and brand.

When will Diane Brink's term on the Board of Altus Power end?

Diane Brink will serve until the 2025 annual meeting of stockholders.

Altus Power, Inc.

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STAMFORD