On January 12, 2022, Stem, Inc. (the Company) named Rahul Shukla as the company's chief accounting officer, effective January 18, 2022. Mr. Shukla will serve as the company's principal accounting officer in his capacity as chief accounting officer, and William Bush, the company's chief financial officer, who has been serving as principal financial officer and principal accounting officer, will continue serving as the company's principal financial officer. Mr. Shukla, 39, was previously the Vice President, Finance for Natera, Inc. from June 2020 to December 2021.

Prior to that, he was Vice President, Corporate Controller of eHealth, Inc. from 2018 to 2020. Prior to that, he served as Vice President, Finance and Accounting of Gum Drop Cases, Inc., from 2015 to 2018. Prior to that, he served in various accounting and finance roles with NextTag, Inc, from 2013-2015.