Image

Christie Obiaya named CEO of Heliogen Inc

Former Heliogen Chief Financial Officer Christie Obiaya has been made CEO and brought to the company’s board of directors.

Following conflicts with the company’s founder and former CEO, Heliogen Inc, a renewable solar energy company has appointed Christie Obiaya as the new leader and chief executive officer of the company.

Obiaya takes the place of Bill Gross who was laid off as the CEO of Heliogen after he resigned from the board of directors as director and chairman.

Gross announced his decision to step down as CEO to Heliogen’s board last year, recommending an unidentified candidate from outside the company to step into the role of the president before moving up to CEO after six months, Gross said in his resignation letter to the board. Gross wrote that the board of directors approved and nominated his candidate, but senior management at Heliogen objected, as several members “threaten to quit.” Gross said that the board supported the existing management team, promoting Obiaya.

“This past weekend, the board voted against making an offer to the excellent president/CEO candidate we identified, choosing instead to terminate me and promote an internal executive as CEO,” Gross said in his resignation. “I do not support that decision as an officer, director, or stockholder.”

Heliogen’s board of directors in response to Gross in a statement indicated that it is in the company’s interest to promote the company’s priorities.

Related Posts

NEW: Ecobank, Eco Stove to drive clean cooking in Uganda

Ecobank Uganda has partnered with Eco Stove Ltd to launch a Green Energy Financing Programme aimed at helping…

S&P confirms Shelter Afrique Development Bank’s new green bond compliance

S&P Global Ratings has confirmed that Shelter Afrique Development Bank’s (ShafDB) Sustainability Finance Framework is fully aligned with…

NEW: Standard Bank Namibia launches China’s CIPS payment system

Standard Bank Namibia has become the first bank in the country to launch Cross-Border Interbank Payment System (CIPS)…

Henos Energy launches first drive-thru LPG outlet in Ghana

Henos Energy has officially commissioned Ghana’s first Drive-Thru Cylinder Distribution Outlet (CDO) at East Legon Hills in Accra,…