Summary by Futu AI
Sunrun Inc., a leading provider of residential solar, storage, and energy services, announced the appointment of Ernst & Young LLP (EY) as its independent registered public accounting firm for the fiscal year ending December 31, 2024. The decision, made by Sunrun's Audit Committee, is subject to ratification by shareholders at the upcoming 2024 annual meeting. EY has audited Sunrun's financial statements since the company went public in 2015. The Audit Committee has reviewed EY's performance and independence, ensuring that the provision of services does not impair the auditors' impartiality. Shareholders are invited to attend the annual meeting, which will be held exclusively online on June 18, 2024. The meeting will also include votes on the election of Class III directors, the ratification of executive officer compensation, and other business matters. Sunrun's financial performance for the past year included significant progress in its mission to provide clean, affordable, and reliable energy, despite challenges such as new interest rate environments and regulatory changes in California.