Andrew Childs
About Andrew Childs
Filings identify Andrew Childs as SUNation Energy’s Interim Chief Financial Officer from August 28, 2024 to March 6, 2025; he is not disclosed as a current director in the company’s latest proxy materials. Age, education, and prior background are not provided in available filings, and no director independence designation is disclosed for him as he is presented as an executive, not a director .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| SUNation Energy, Inc. | Interim Chief Financial Officer | Aug 28, 2024 – Mar 6, 2025 | — |
External Roles
No public company directorships or external board roles for Andrew Childs are disclosed in the company’s proxy materials .
Board Governance
- Director status: Not disclosed as a current director in the latest proxy; the director roster and compensation tables do not include Andrew Childs .
- Committee assignments: Audit and Finance Committee members are Kevin O’Connor (Chair) and Spring Hollis; no committee role is disclosed for Andrew Childs .
- Attendance: The Board held 21 formal meetings in 2024; each director then in office attended at least 75% of Board and committee meetings. This disclosure pertains to directors and does not list Andrew Childs as a director .
- Independence: No independence status disclosed for Andrew Childs as a director; filings identify him as an executive (Interim CFO), not a director .
Fixed Compensation
| Metric | 2024 |
|---|---|
| Base Salary ($) | 79,808 |
| Target Bonus (%) | Not disclosed |
| Actual Bonus Paid ($) | — |
| All Other Compensation ($) | 577 (401(k) contributions) |
Performance Compensation
No stock awards, options, or performance incentive payouts are disclosed for Andrew Childs for 2024; no performance metrics tied to his compensation are reported .
Other Directorships & Interlocks
| Company | Role | Committee Roles | Interlocks/Notes |
|---|---|---|---|
| — | — | — | No public company directorships disclosed |
Expertise & Qualifications
Not disclosed in available filings for Andrew Childs (education, certifications, industry expertise are not provided) .
Equity Ownership
| Holder | Shares Beneficially Owned | Ownership % |
|---|---|---|
| Andrew Childs | 0 (no shares reported) | Not disclosed; appears below 1% given zero shares |
Alignment note: No reported equity holdings and no disclosed equity awards suggest limited “skin in the game” alignment for 2024 .
Governance Assessment
- Role clarity vs. prompt: Available filings identify Andrew Childs as Interim CFO during 8/28/2024–3/6/2025, not as an independent director; no director or committee roles are disclosed for him. For governance analysis, treat him as a former executive rather than a current director .
- Compensation alignment: 2024 compensation reflects cash salary with minor 401(k) contributions and no equity or performance-linked awards, limiting direct shareholder alignment signals for that period .
- Ownership alignment: No beneficial ownership reported, reinforcing low direct alignment with shareholder outcomes .
- Potential conflicts: No related-party transactions tied to Andrew Childs are identified in the available proxy excerpts; the Audit and Finance Committee oversees related-party approvals per charter, but no specific disclosures for Childs are found .
- Contextual governance signals: SUNE executed multiple reverse stock splits in 2024–2025 and sought approval for very large potential warrant share issuance (up to ~783 million at a floor price), indicating capital structure stress and dilution risk that can weigh on investor confidence regardless of individual director/executive actions . Director cash retainers (no 2024 director equity grants due to plan share constraints) further reflect constrained equity capacity during the period .