Crane, 56, has bemoaned the company’s stock struggles in recent conference calls with investors. In September, he announced what the company termed a reset” to spin off much of the solar and electric vehicle charging businesses that he championed, but which have served as a drag on NRG’s bottom line.
Crane has lamented the “unabated selloff in our stock” with NRG’s value market value down 60 percent from the beginning of the year. The company became increasingly complex and focused on renewable power, but did so before its solar business in particular could prove profitable.
“Wall Street has difficulty digesting the idea of a conventional company going green,” Crane said in August before announcing the reset.
