Spark Power Group Inc. announced that Richard Jackson has been appointed as the company's new CEO, effective immediately. Current co-CEO's Jason Sparaga and Andrew Clark will step back from their roles in the day-to-day operations of the Company, however both will continue as board members and major shareholders. Jason Sparaga will take on a new role, becoming the Company's Executive Board Chair, in which he will continue working closely with co-founder & Chief Investment Officer, Eric Waxman, focused on the Company's M&A activities, corporate finance work and supporting the Special Committee of the Board on the Company's previously announced Strategic Review.