Skip to main content
TE
NYSE Manufacturing

T1 Energy Replaces SVP, Chief Accounting Officer and Corporate Controller

Arie Shkolnikov · Analysis by Wiseek AI
More coverage: Electrical Equipment Stocks · Industrial
Sentiment info
Neutral
Importance info
7
Price
$8.21
Mkt Cap
$2.238B
52W Low
$0.92
52W High
$9.78
52W Position info
792% above low
Off High info
16% below high
Rel. Volume info
1.0× avg
Market data snapshot near publication time

TE has more than doubled off its 52-week low of $0.92.

Summary

T1 Energy Inc. announced the immediate departure of its SVP, Chief Accounting Officer, and Corporate Controller, Denise Cruz, and the appointment of Tom Mahrer, previously Director of SEC Reporting, to the role.


Key Events · Executive and Board Changes · TE

  • SVP, Chief Accounting Officer Departs

    Denise Cruz, SVP, Chief Accounting Officer, and Corporate Controller, terminated her employment with T1 Energy Inc. effective February 5, 2026, to pursue personal interests.

  • New Chief Accounting Officer Appointed

    Tom Mahrer, previously Director of SEC Reporting, was immediately appointed as Chief Accounting Officer and Corporate Controller, serving as the principal accounting officer.

  • Successor's Background

    Mr. Mahrer joined T1 Energy in October 2025 and brings over 15 years of financial leadership experience from Valero Energy Corporation, KPMG LLP, and Deloitte & Touche LLP, specializing in the energy and manufacturing sectors.


Analysis · TE · Manufacturing

T1 Energy Inc. announced a significant change in its financial leadership with the immediate departure of Denise Cruz, SVP, Chief Accounting Officer, and Corporate Controller. While the company stated Ms. Cruz is pursuing personal interests, such changes in key financial roles can sometimes signal internal shifts or strategic realignments. The immediate appointment of Tom Mahrer, who was already the Director of SEC Reporting, provides crucial continuity and suggests a planned succession, mitigating potential disruption. Mr. Mahrer's extensive background in energy and manufacturing, including roles at Valero Energy and KPMG, is a positive factor, though the final terms of his employment are still pending.

At the time of this filing, TE was trading at $8.21 on NYSE in the Manufacturing sector, with a market capitalization of approximately $2.2B. The 52-week trading range was $0.92 to $9.78. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.

View Main SEC Filing

Price Chart

Share this article

Copied!

TE - Latest Insights

TE
Jun 29, 2026, 6:21 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $8.37
Real-time Price: $4.86 info
Change: -$3.51 (-42%) info
Market Cap: $1.356B info
TE
Jun 17, 2026, 4:35 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $9.16
Real-time Price: $4.86 info
Change: -$4.31 (-47%) info
Market Cap: $1.356B info
TE
Jun 17, 2026, 8:02 AM EDT
Source: GlobeNewswire
Importance Score:
8
Price at Filing: $8.67
Real-time Price: $4.86 info
Change: -$3.81 (-44%) info
Market Cap: $1.356B info
TE
Jun 08, 2026, 6:10 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $9.63
Real-time Price: $4.86 info
Change: -$4.78 (-50%) info
Market Cap: $1.356B info
TE
Jun 03, 2026, 6:00 AM EDT
Source: Dow Jones Newswires
Importance Score:
9
Price at Filing: $11.56
Real-time Price: $4.86 info
Change: -$6.71 (-58%) info
Market Cap: $1.356B info