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CEO Glenn Garland Retiring from CLEAResult

Published August 18, 2015

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AUSTIN, Texas, August 18, 2015 – CLEAResult, a leader in designing and implementing technology-enabled energy efficiency programs for utilities, today announces the retirement of its co-founder Glenn Garland, chief executive officer and chairman of the board. Beginning this week, Jim Stimmel, co-founder of CLEAResult and executive vice president, will serve as CEO and chairman until a new leader is confirmed.

“The time has come to formally hand off my responsibilities as CEO and retire,” said Glenn Garland. “I’m fully confident I am leaving CLEAResult in very good hands. This team—across all levels—is the best in the business. And it keeps getting bigger and better. I do not want my retirement to be a distraction from the meaningful work the people at CLEAResult do, it’s why I’m stepping down now.”

Garland added that the succession planning for his retirement has been more than a year in the making, and that today’s announcement and immediate handing of the reigns to Stimmel was part of the design.

Stimmel, an industry veteran, is stepping up as CEO while the company conducts its search for a new chief executive. He co-founded CLEAResult with Garland in 2003 after developing several market transformation efforts, most notably the U.S. Environmental Protection Agency’s Green Lights and ENERGY STAR® programs.

“Thanks to Glenn’s leadership and vision, CLEAResult has established a special team and culture; our mission continues to guide all that we do, and our clients continue to reward us with more opportunities to serve them and their customers,” said Jim Stimmel. “We remain committed to our mission of changing the way people use energy while delivering triple bottom-line results across our people, the positive impacts we make on our planet, all while doing so in a profitable manner.”

The company and its Board of Directors initiated an extensive CEO search about a year ago when Garland expressed his desire to retire after more than 25 years in the energy efficiency industry. His strategic succession plan included strengthening CLEAResult’s executive leadership team, devising a new regional structure and investing in industry pioneering companies. CLEAResult expects to confirm a new chief by the end of the year.

About CLEAResult

CLEAResult is the largest provider of energy efficiency programs and services in North America. Through proven strategies tailored to clients’ unique needs and market dynamics, the combined strength of experienced energy experts and technology-enabled service offerings help CLEAResult change the way people use energy for hundreds of utility and business partners. Founded in 2003, CLEAResult is headquartered in Austin, Texas, and has close to 3,000 employees in more than 70 cities across the U.S. and Canada. CLEAResult is a portfolio company of General Atlantic, a leading global growth equity firm. For more information, visit clearesult.com.

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