RGS Energy Appoints Dennis Lacey as Senior Vice President of Finance
March 21 2014 - 8:31AM
RGS Energy (Nasdaq:RGSE), a nationwide leader of turnkey solar
energy solutions for residential, commercial and utility customers,
has appointed Dennis Lacey to the new position of senior vice
president of finance. He will be responsible for implementing and
managing the company's residential lease financing program.
"We welcome Dennis' deep knowledge and executive experience in
public and private equipment lease finance companies," said Kam
Mofid, RGS Energy's CEO. "He is an ideal executive for developing
our residential solar leasing program having been the CEO of a
publicly traded leasing company and having started the leasing
division for a NYSE listed bank."
Lacey brings to RGS Energy more than 25 years of executive
financial management experience. He previously held executive
financial positions at Imperial Bancorp, a $6 billion publicly
traded commercial bank known for its high-tech lending practice
before it was acquired by Comerica. At Imperial Bancorp, he served
as executive vice president and CFO, president of the SBA Division,
and president of the Equipment Leasing Division. Prior to Imperial
Bancorp, he served as president and CEO of Capital Associates, a
publicly-traded equipment leasing company.
Lacey also previously served as CFO of multi-billion dollar
publicly-traded companies, TeleTech and CKE Restaurants, as well as
head of capital markets for a private investment firm engaged in
aircraft leasing and other alternative asset investment and
management. Earlier in his career, Lacey was an audit partner at
Coopers & Lybrand.
Lacey commented: "I am excited to join RGS Energy and lead the
development of our in-house leasing program for residential solar.
This new financing capability will augment our already strong
relationships with third-party financiers, allowing us to
accelerate growth while benefiting from the long-term ownership of
the solar assets we originate and deploy. We will continue to also
offer cash sales and loan options as we do today to ensure we
always can meet the specific economic objectives of our
customers."
About RGS Energy RGS Energy (Nasdaq:RGSE) is
one of the nation's pioneering solar energy companies serving
commercial, residential, and utility customers. Beginning with one
of the very first photovoltaic panels sold to the public in the
U.S. in 1978, the company has installed more than 19,000 solar
power systems representing well over 170 megawatts of 100% clean
renewable energy. RGS Energy makes it very convenient for customers
to save on their energy bill by providing a comprehensive solar
solution, from design, financing, permitting and installation to
ongoing monitoring, maintenance and support. As one of the nation's
largest and most experienced solar power players, the company has
17 offices across the West and the Northeast. For more information,
visit RGSEnergy.com, on Facebook at www.facebook.com/rgsenergy and
on Twitter at www.twitter.com/rgsenergy. RGS Energy is a trade
name and RGS Energy makes filings with the Securities and Exchange
Commission under its official name "Real Goods Solar, Inc."
Cautionary Statement Regarding Forward-Looking
Statements This communication includes forward-looking
statements relating to matters that are not historical facts.
Forward-looking statements may be identified by the use of words
such as "expect," "intend," "believe," "will," "should" or
comparable terminology or by discussions of strategy. While RGS
Energy believes its assumptions and expectations underlying
forward-looking statements are reasonable, there can be no
assurance that actual results will not be materially different.
Risks and uncertainties that could cause materially different
results include, among others, RGS Energy's ability to successfully
develop and manage a residential lease financing program,
introduction of new products and services, completion and
integration of acquisitions, possibility of negative economic
conditions and other risks and uncertainties included in RGS
Energy's filings with the Securities and Exchange Commission. RGS
Energy assumes no duty to update any forward-looking
statements.
CONTACT: Media and Investor Relations Contact
Ron Both
Liolios Group, Inc.
Tel 1-949-574-3860
RGSE@liolios.com