Christopher S. Sotos has been the driving force at Clearway Energy, Inc. since May 2016. Under his leadership, the company has focused on performance-based metrics that align with shareholder interests. Sotos announced on April 30, 2024, that he will step...
Christopher S. Sotos has been the driving force at Clearway Energy, Inc. since May 2016. Under his leadership, the company has focused on performance-based metrics that align with shareholder interests. Sotos announced on April 30, 2024, that he will step down as the President and CEO by June 30, 2024. He will continue to provide advisory services for a couple of months after his departure. Interestingly, his compensation has seen significant fluctuations; for instance, in 2022, he earned over $3.3 million, but by 2023, this dropped to just over $1.2 million, primarily due to a shift towards performance-based bonuses rather than stock awards. Sotos has a strong financial background, secured a consulting agreement worth $33,334 for every two months of service post-CEO role, and has consistently been involved in setting ambitious goals for the company’s cash flow and operations. Sotos built his career at Clearway by emphasizing transparency and alignment with company values, focusing on sustainable energy solutions that resonate with modern demands. His tenure has been characterized by a systematic approach to growth, emphasizing long-term shareholder value, and being adaptable to market changes.