Swift Current’s approach paired continuity of strategic ambition with a change in the executive profile leading the company.

WorkedDid not

Leadership continuity

Strategic growth retained ¹

Founder remained CEO ¹

Succession choice

Seasoned executive appointed ¹

Founder tenure continued ¹

Relevant capability

Storage-building experience ¹

No stated storage background ¹

Growth platform

Project base supported ¹

Growth strategy abandoned ¹

Michael Arndt was appointed CEO on April 6, 2026, succeeding co-founder Eric Lammers. ¹ His previous role was President and General Manager, North America, at Recurrent Energy. ¹ The appointment therefore connected the succession decision to experience operating in a related renewable-energy setting.

Arndt also led the creation of Recurrent Energy’s battery storage business in the United States. ¹ That experience was relevant to a company whose project platform included Steel River, with 2.9 GWh of storage and 2.5 GWdc of solar. ¹ The design is a practical example of matching successor capability to the strategic work already ahead.

Co-founder CEO succeeded by non-founder, preserving growth momentum