LEHI, Utah, Oct. 18, 2016 /PRNewswire/ -- Vivint Solar
(NYSE: VSLR), a leading full-service residential solar provider,
today announced that it has named Chance
Allred as chief sales officer, Paul
Dickson as chief revenue officer and Bryan Christiansen as chief operations
officer.
"The leadership team and I are honing in on our strategy and
focusing on our top five priorities, two of which are building a
sustainable business and delighting our customers," said Vivint
Solar interim CEO David Bywater. "We
have outstanding leadership at this company and I know that Bryan,
Paul and Chance will be instrumental in delivering on those
priorities and delivering on our strategy for success."
Allred, a leader with 16 years of experience building 3
businesses and most recognized for building high producing sales
organizations, has been at the forefront of the residential solar
power revolution. With a compound annual growth rate of 225 percent
in the past four years, Allred has been a part of the original
executive team and has built a team of sales professionals that has
helped Vivint Solar rapidly become one of the largest companies in
the residential solar industry. Allred will continue to lead the
sales organization and will focus on sales team recruitment,
development and leadership.
Dickson, a founding member of Vivint Solar's management team,
has had major influence on the success of the company since its
infancy. He established its business thesis and had a significant
role raising tax equity investment funds totaling more than
$750 million in invested capital.
Dickson also cofounded a smart-grid energy management company as a
university student and sold the business to Vivint, Inc. As chief
revenue officer, Paul will oversee the team focused on the sales
process and will continue to build out Vivint Solar's world-class
sales operations group.
Christiansen, a veteran leader of operational excellence, joined
Vivint Solar as the company's chief strategy and innovation officer
in May 2016. With nearly 18 years of
experience in financial and operational leadership positions,
Christiansen has personally run 6 companies and has developed and
implemented growth and turnaround strategies for Fortune 500
clients. Christiansen will remain a key player in strategy
development for Vivint Solar. As chief operations officer, he will
be responsible for all operations contributing to the customer
experience beyond the initial sale.
About Vivint Solar
Vivint Solar is a leading provider of distributed solar energy –
electricity generated by a solar energy system installed at a
customer's location – to residential customers in the United States. Vivint Solar's customers
pay little to no money upfront, receive significant savings
relative to utility generated electricity and continue to benefit
from guaranteed energy prices over the 20-year term of their
contracts. Vivint Solar finances, designs, installs, monitors and
services the solar energy systems for its customers. Vivint Solar
also provides solar energy systems for purchase. For more
information, visit www.vivintsolar.com or follow @VivintSolar on
Twitter.
Note on Forward-looking Statements
This press release contains forward-looking statements as
defined within the meaning of the federal securities laws.
Forward-looking statements are inherently subject to risks and
uncertainties, some of which cannot be predicted or quantified.
Forward-looking statements should not be read as a guarantee of
future performance or results, and they will not necessarily be
accurate indications of the times at, or by, which such performance
or results will be achieved, if at all. These statements are based
on current expectations and assumptions regarding future events and
business performance as of the date of this press release, and they
are subject to risks and uncertainties that could cause actual
performance or results to differ materially from those expressed in
or suggested by the forward-looking statements, including but not
limited to the risks set forth in the registration statements and
reports that Vivint Solar files with the U.S. Securities and
Exchange Commission, which are available on the Investor Relations
section of our website at www.vivintsolar.com. Vivint
Solar does not undertake any obligation to publicly update or
revise any forward-looking statement, whether as a result of new
information, future developments or otherwise.
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SOURCE Vivint Solar