EOS Energy falls on CFO Eric Javidi's termination
ReutersMay 27, 2025 3:53 PM
Shares of energy storage systems provider EOS Energy EOSE.O fall 11.7% to $5.63
Company terminates Chief Financial Officer Eric Javidi, effective immediately
Javidi's termination "was not related to the company's financial or operating results or to any disagreements or concerns regarding the company's financial or reporting practices" - EOSE said in a statement
CFO was terminated "without cause" under the terms of his offer letter
EOSE appoints chief commercial officer and former CFO Nathan Kroeker as interim CFO
Including session's moves, shares are up 16.7% YTD
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