Energy Vault Holdings, Inc. (NRGV) announced the appointment of Nitin Dahiya as its new Chief Financial Officer, effective July 27, 2026. Mr. Dahiya joins from BlackRock, Inc., where he served as a Senior Portfolio Manager. He succeeds Michael Beer, who resigned on July 13, 2026, to pursue other opportunities and will assist with the transition.
Key Details
- New CFO: Nitin Dahiya will assume the role of Chief Financial Officer starting July 27, 2026.
- Compensation Package: Mr. Dahiya's employment terms include a $435,000 annual base salary, a $100,000 signing bonus, an award of 400,000 restricted stock units, and an award of 400,000 performance-based restricted stock units.
- Executive Departure: The appointment follows the resignation of Michael Beer as CFO. The filing states his departure was not due to any disagreement with the company's operations, policies, or practices.