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Stem Announces Appointment of AI Industry Leader as New Independent Director

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Stem, Inc. (NYSE: STEM) appoints Gerard Cunningham, an AI industry leader, as a new independent director. Cunningham brings extensive experience in technology, SaaS, and AI sectors, having co-founded McKinsey & Company's global clean technology practice. His expertise will aid Stem in maximizing sustainable energy asset value through AI and SaaS strategies.
Stem, Inc. (NYSE: STEM) nomina Gerard Cunningham, un leader dell'industria dell'intelligenza artificiale, come nuovo direttore indipendente. Cunningham apporta una vasta esperienza nei settori della tecnologia, SaaS e AI, avendo co-fondato la pratica globale di tecnologia pulita di McKinsey & Company. La sua competenza aiuterà Stem a massimizzare il valore degli asset energetici sostenibili attraverso strategie di AI e SaaS.
Stem, Inc. (NYSE: STEM) ha nombrado a Gerard Cunningham, un líder en la industria de la inteligencia artificial, como nuevo director independiente. Cunningham aporta una amplia experiencia en tecnología, SaaS y sectores de IA, habiendo cofundado la práctica de tecnología limpia global en McKinsey & Company. Su experiencia ayudará a Stem a maximizar el valor de los activos de energía sostenible mediante estrategias de IA y SaaS.
Stem, Inc. (NYSE: STEM)는 AI 업계 리더인 제라드 커닝햄을 새로운 독립 이사로 임명했습니다. 커닝햄은 기술, SaaS 및 AI 분야에서 풍부한 경험을 가지고 있으며, McKinsey & Company의 글로벌 클린 테크놀로지 실무를 공동 창립했습니다. 그의 전문 지식은 Stem이 AI 및 SaaS 전략을 통해 지속 가능한 에너지 자산 가치를 극대화하는 데 도움이 될 것입니다.
Stem, Inc. (NYSE: STEM) a nommé Gerard Cunningham, un leader dans l'industrie de l'IA, comme nouveau directeur indépendant. Cunningham apporte une expérience considérable dans les secteurs de la technologie, du SaaS et de l'IA, ayant co-fondé la pratique de la technologie propre mondiale chez McKinsey & Company. Son expertise aidera Stem à maximiser la valeur des actifs énergétiques durables grâce à des stratégies d'IA et de SaaS.
Stem, Inc. (NYSE: STEM) hat Gerard Cunningham, einen führenden Kopf der KI-Branche, als neuen unabhängigen Direktor ernannt. Cunningham bringt umfangreiche Erfahrungen in den Bereichen Technologie, SaaS und KI mit, da er die globale Clean-Technology-Praxis bei McKinsey & Company mitbegründet hat. Seine Expertise wird Stem dabei unterstützen, den Wert nachhaltiger Energieanlagen durch KI- und SaaS-Strategien zu maximieren.
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SAN FRANCISCO--(BUSINESS WIRE)-- Stem, Inc. (NYSE: STEM), a global leader in artificial intelligence (AI)-driven clean energy software and services, today announced the appointment of Gerard Cunningham to the Company’s Board of Directors (the “Board”), effective April 19, 2024.

Mr. Cunningham has extensive experience in the technology, software services (“SaaS”), and AI sectors and as an entrepreneur and founder of several data science-focused companies. Most recently, Mr. Cunningham was a partner at McKinsey & Company, where he co-founded and led its global clean technology practice, launched its AI for sustainability initiative, and was a leader in its digital business building practice.

David Buzby, Chairman of the Board of Stem, said: “The Board is excited to welcome Gerard to Stem. He has a well-established track record of success in growing and transforming companies by deploying AI and SaaS-based products and services. The Board will benefit from his decades of experience working at the cutting-edge intersection of AI, software, and climate technology.”

Gerard Cunningham added: “AI and electrification are reshaping every industry, and Stem is a pioneer in applying AI to maximize the value of sustainable energy assets. I am honored to join Stem’s Board of Directors and support the company’s continued success. I look forward to helping refine the company’s AI and SaaS strategy so that we can maximize customer impact.”

Mr. Cunningham holds a Bachelor of Science in Mathematics from the University of Manchester and a Master of Science in Operations Research from Strathclyde Business School.

About Stem

Stem provides clean energy solutions and services designed to maximize the economic, environmental, and resiliency value of energy assets and portfolios. Stem’s leading AI-driven enterprise software platform, Athena® enables organizations to deploy and unlock value from clean energy assets at scale. Powerful applications, including AlsoEnergy’s PowerTrack, simplify and optimize asset management and connect an ecosystem of owners, developers, assets, and markets. Stem also offers integrated partner solutions that can improve returns across energy projects, including storage, solar, and EV fleet charging. For more information, visit www.stem.com.

Source: Stem, Inc.

Stem Investor Contacts

Ted Durbin, Stem

Marc Silverberg, ICR

IR@stem.com

Stem Media Contact

Suraya Akbarzad, Stem

press@stem.com

Source: Stem, Inc.

FAQ

Who is the new independent director appointed by Stem, Inc. (NYSE: STEM)?

Gerard Cunningham has been appointed as the new independent director of Stem, Inc. (NYSE: STEM).

What is Gerard Cunningham's background in terms of experience and sectors?

Gerard Cunningham has extensive experience in technology, software services (SaaS), and AI sectors. He co-founded and led McKinsey & Company's global clean technology practice.

When did Gerard Cunningham's appointment to Stem's Board of Directors become effective?

Gerard Cunningham's appointment to Stem's Board of Directors became effective on April 19, 2024.

What is Gerard Cunningham's role at Stem, Inc. (NYSE: STEM)?

Gerard Cunningham joins Stem's Board of Directors to refine the company's AI and SaaS strategy to maximize customer impact.

What educational background does Gerard Cunningham have?

Gerard Cunningham holds a Bachelor of Science in Mathematics from the University of Manchester and a Master of Science in Operations Research from Strathclyde Business School.

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