Shoals Technologies Group Announces Appointments of Jeannette Mills and Robert Julian to Board of Directors
August 15 2022 - 06:30AM
Shoals Technologies Group, Inc. (“Shoals” or the “Company”)
(Nasdaq: SHLS), a leading provider of electrical balance of systems
(EBOS) solutions for solar, storage, and electric vehicle (EV)
charging infrastructure, today announced that Mr. Peter Jonna has
resigned from the Board, effective today and Ms. Jeannette Mills
and Mr. Robert Julian have been appointed to its Board of Directors
(the “Board”), reflecting the Board’s approval to increase the
number of directors from seven to eight. Ms. Mills has joined the
Board as a Class II director, and will serve on the Board’s
Compensation Committee, and Mr. Julian has joined the Board as a
Class III director, and will serve on the Board’s Audit
Committee.
“We are thrilled to welcome Ms. Mills and Mr.
Julian to Shoals’ Board of Directors,” said Jason Whitaker, Chief
Executive Officer of Shoals Technologies. “These highly experienced
and seasoned executives possess a proven track record of successful
corporate governance and leadership across a range of functions and
industries. Their strategic guidance will be invaluable to Shoals
as we continue to scale our technology and execute on our global
growth plans.”
Ms. Mills is a senior operations executive with
more than 30 years of commercial and regulatory experience in the
energy and utilities sectors as well as the consumer services
sector. Her career reflects a demonstrated track record of
delivering solid achievements in business operations, risk
management, strategy development, and financial management. She
brings deep governance experience to Shoals through her previous
work on a corporate board, specifically as chair of Medifast,
Inc.’s (“Medifast”) compensation committee.
Ms. Mills currently serves as Executive Vice
President and Chief External Relations Officer at Tennessee Valley
Authority (“TVA”), a federally owned electric utility, where she is
responsible for leading TVA's External Affairs, including overall
Customer Service, Government & Community Relations, Federal
Affairs, Economic Development, and Regulatory Assurance functions
to achieve organizational objectives in accordance with the
policies established by TVA’s Board of Directors. Prior to TVA, Ms.
Mills held senior leadership roles at National Grid, the Maryland
Public Service Commission, Baltimore Gas & Electric, and
Medifast, where she also served as a board member. She holds a BS
in Electrical Engineering from Virginia Tech University and an MBA
from Loyola University Maryland.
Mr. Julian is a dynamic financial executive with
more than 30 years of success and advancement within globally
respected public and private companies, ranging in size from
small-cap enterprises to Fortune 100 companies. He has a proven
track record of developing and leading high performing Finance,
Accounting and IT teams across a wide range of industries,
including manufacturing, technology, consumer products,
distribution, retail, and business services sectors.
Mr. Julian currently serves as Chief Financial
Officer and Co-Interim Chief Executive Officer of The RealReal,
Inc. (the “TheRealReal”) (Nasdaq: REAL), the world’s largest online
marketplace for authenticated, consigned luxury goods, where he is
responsible for developing and shaping company strategy and driving
profitable growth. Prior to TheRealReal, Mr. Julian held senior
financial leadership positions at Sportsman’s Warehouse, Callaway
Golf, Lydall, Legrand North America, Fisher Scientific, Cisco
Systems and Honeywell. He holds a BA in Finance from Michigan State
University and an MBA in Finance from the University of
Michigan.
About Shoals Technologies Group,
Inc.
Shoals Technologies Group, Inc. is a leading
provider of electrical balance of systems (EBOS) solutions for
solar, storage, and electric vehicle charging infrastructure. Since
its founding in 1996, the Company has introduced innovative
technologies and systems solutions that allow its customers to
substantially increase installation efficiency and safety while
improving system performance and reliability. Shoals Technologies
Group, Inc. is a recognized leader in the renewable energy industry
whose solutions are deployed on over 20 GW of solar systems
globally. For additional information, please visit:
https://www.shoals.com/.
Forward Looking Statements
This press release contains forward looking
statements. These statements are not historical facts but rather
are based on the Company’s current expectations and projections
regarding its business, operations and other factors relating
thereto. Words such as “may,” “will,” “could,” “would,” “should,”
“anticipate,” “predict,” “potential,” “continue,” “expects,”
“intends,” “plans,” “projects,” “believes,” “estimates” and similar
expressions are used to identify these forward-looking statements.
These statements are only predictions and as such are not
guarantees of future performance and involve risks, uncertainties
and assumptions that are difficult to predict. Actual results may
differ materially from those in the forward-looking statements as a
result of a number of factors, including those in the Company’s
annual report on Form 10-K and other reports filed with the
Securities and Exchange Commission.
Contacts:
Investors:Email:
investors@shoals.com Phone: 615-323-9836
Media: Email: media@shoals.com
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