What Happened?
Millbrae, CA-based Stem Appointed John Carrington as Chief Executive Officer
About the Company
Stem, Inc. (NYSE: Stem) provides solutions that address the challenges of today`s dynamic energy market. By combining advanced energy storage solutions with Athena™, a world-class AI-powered analytics platform, Stem enables customers and partners to optimize energy use by automatically switching between battery power, onsite generation and grid power. Stem`s solutions help enterprise customers benefit from a clean, adaptive energy infrastructure and achieve a wide variety of goals, including expense reduction, resilience, sustainability, environmental and corporate responsibility and innovation. Stem also offers full support for solar partners interested in adding storage to standalone, community or commercial solar projects – both behind and in front of the meter.
About the Person
John Carrington, CEO and Director, has a distinguished track record with over 25 years of proven leadership in technology, energy and industrial companies. John comes to Stem from thin film solar company MiaSole, the largest CIGS-based solar company globally with over $550 million of investment, where he was Chief Executive Officer. John executed on the sale of Miasole to Hanergy in December 2012. Prior to MiaSole, John was Executive Vice President of Marketing and Business Development at First Solar where he grew the company revenue from $400 million to $2 billion, opening markets in the US, Asia and Europe. John also spent over 16 years at General Electric, most recently as General Manager and Chief Marketing Officer of the $7 billion GE Plastics global organization where he led global innovation, new technology efforts and product strategy for over 30,000 customers. John was part of a small executive team that executed on the $12 billion sale of GE Plastics to SABIC in 2007. While at GE, John led innovation efforts in the healthcare, electronics, business equipment, transportation and aviation, solar, wind, defense, telecommunications, security and media sectors. He is an alumnus of the University of Colorado.
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