Clearway Energy (NYSE:CWENa), Inc. (NYSE:CWEN), a leader in electric services, has announced a change to its board of directors. Guillaume Hédiard has resigned from the board effective as of the close of business on Wednesday. The following day, Marc-Antoine Pignon was elected to fill the vacancy.
Pignon, 40, is the current CEO of TotalEnergies (EPA:TTEF) Renewables USA and has been with TotalEnergies since 2006, holding various positions including economist, EPC manager, and head of development. He is a graduate of Mines ParisTech and served on the Board of Directors of SunPower (OTC:SPWRQ) Corporation until mid-November this year.
The company clarified that Pignon will not serve on any committee of the board nor receive separate compensation for his director role. Additionally, Clearway (NYSE:CWEN) Energy has entered into an indemnification agreement with Pignon, which aligns with Delaware law and is similar to the agreements with other board members.
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