The Board of Directors of Hannon Armstrong Sustainable Infrastructure Capital, Inc. announced key executive appointments, effective March 1, 2023. The company announced that Jeffrey A. Lipson, currently EVP, Chief Operating Officer (COO) & Chief Financial Officer (CFO), will become the President, effective March 1, 2023. Mr. Lipson, 55, joined HASI in 2019 as CFO and also became COO in 2021.

He has broad leadership experience in innovative financial institutions, including serving as the President and CEO of Congressional Bank (now Forbright Bank) and as Treasurer at CapitalSource. In his new role, Mr. Lipson is also expected to join the Company's Board of Directors. The company announced that Jeffrey W. Eckel, currently Chair, President & CEO, will assume the role of Executive Chair and continue leading the Board, effective March 1, 2023.