David Crane
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RenewablesNRG’s New Plan: Sell Assets, Change Focus, Raise Cash
NRG Energy said it will sell as much as $4 billion in assets as it seeks to lower its debt and cut costs after a revolt by activist investors unhappy with the company’s direction. Shares of the company jumped 29% to a two-year high on July 12 after NRG announced the moves as part of […]
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BusinessNRG CEO David Crane Steps Down, Joins The B Team
NRG Energy announced on Dec. 3 that David Crane is stepping down as president and CEO of the company effective immediately. Crane had served in the position since 2003. During more than 12 years at the helm of NRG, he led the company through its emergence from bankruptcy to its current position as a leader […]