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Sunnova Names Paul Mathews as President and Chief Executive Officer

1. Paul Mathews appointed as new CEO of Sunnova, replacing John Berger. 2. Berger will assist in the transition period post-resignation.

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FAQ

Why Bullish?

Leadership changes often influence market perceptions. Historical transitions in leadership, especially to experienced executives, can lead to stock price increases.

How important is it?

Leadership changes in leading firms can impact investor confidence and future strategy, raising potential for positive investor sentiment.

Why Short Term?

Immediate positive sentiment may boost short-term stock valuation, though long-term effects depend on Mathews' strategic decisions.

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ENPHSEDGTSLA
HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. (“Sunnova” or the “Company”) (NYSE: NOVA), an industry-leading adaptive energy services company, today announced that Paul Mathews, formerly Chief Operating Officer, has been appointed President and Chief Executive Officer, effective immediately. Mr. Mathews succeeds William J. (John) Berger, who is stepping down as Chairman, President and CEO. Mr. Berger will remain as an advisor for a period of time to assist with the transition. Mr.

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