Clearway Energy, Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Clearway Energy, Inc. on February 22, 2019. The report discloses a corporate governance event regarding the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
The material change reported is the election of a new independent director to the Board of Directors, effective immediately on the date of the report.
Management Commentary and Governance
On February 22, 2019, the Board elected Daniel B. More as an independent director. Mr. More will serve on the Audit, Compensation and Corporate Governance, Conflicts, and Nominating Committees. His background includes serving as a Senior Advisor with Guggenheim Securities since October 2015 and previously as Managing Director and Global Head of Utility Mergers & Acquisitions at Morgan Stanley from 1996 to 2014. The filing states there are no arrangements or understandings regarding his election and no material interests in transactions requiring disclosure under Item 404(a) of Regulation S-K.
Key Facts for Investor Verification
- Daniel B. More was elected as an independent director effective February 22, 2019.
- Mr. More will join the Audit, Compensation and Corporate Governance, Conflicts, and Nominating Committees.
- Mr. More brings extensive utility sector experience, including prior roles at Morgan Stanley and Guggenheim Securities.
- No financial data or guidance is included in this specific filing.