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Heliogen appoints new CEO

Heliogen CFO Christie Obiaya will take over as CEO after Bill Gross was removed.

Heliogen, Inc., a provider of AI-enabled concentrating solar energy technology, yesterday announced that its board of directors has appointed Christie Obiaya as chief executive officer and added Obiaya to the board of directors, effective immediately.

Obiaya, head of Heliogen’s executive committee and formerly its chief financial officer, replaces Bill Gross, who was removed as CEO and has resigned from the board of directors, according to a news release.

The company, which trades on the NYSE, has been working to advance a hydrogen project in Lancaster, California, and another in Arizona.

“As Heliogen moves forward on commercial projects, Christie brings almost two decades of operational and financial experience, with degrees and a working background in both business and engineering,” said Robert Kavner, Heliogen’s lead independent director. “Having served as chief financial officer of Heliogen and chair of the executive committee, she is intimately familiar with our innovative renewable energy technology, our customers, and the priorities to drive our future success. This knowledge, together with her experience growing and managing energy and infrastructure development and sustainable technologies, make her the right person to take on these additional responsibilities. Christie, together with the rest of Heliogen’s management team, will focus on and advance the company’s strategic plan.”

Obiaya joined Heliogen in March 2021 as CFO and has worked closely with the company’s management team on commercializing its solar energy and thermal storage systems technology. Prior to joining Heliogen, Obiaya served as the head of strategy and chief financial officer for Bechtel Energy’s multi-billion-dollar, global energy business unit from 2017 to 2021. She also held various leadership roles at Bechtel in finance, strategy, project development, investment, and execution from 2010 to 2017. Prior to Bechtel, Obiaya worked on renewable energy projects in Kenya and India from 2008 to 2009.

“I am honored to have the opportunity to lead the company as we bring Heliogen’s renewable energy technology to customers looking to decarbonize their operations,” said Obiaya. “I look forward to bringing together Heliogen’s exceptional talent with our industry partners, and to delivering with excellence for our customers, employees, and stockholders.”

As part of the leadership transition, Kelly Rosser has been appointed interim CFO. Rosser has served as Heliogen’s chief accounting officer since August 2022.

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