Michael Bell Named Silver Spring Networks’ President and Chief Executive Officer and Member of the Board of Directors
September 02 2015 - 7:59AM
Business Wire
Scott Lang Transitions to Executive
Chairman
Silver Spring Networks, Inc. (NYSE:SSNI) today announced that
Michael Bell has been appointed as Silver Spring’s President and
Chief Executive Officer and has also been appointed as a member of
the Board of Directors. Scott Lang transitions to the role of
Executive Chairman and will continue to serve as Chairman of the
Board. Mr. Bell is an accomplished global executive with a
demonstrated history of innovation, having spent more than 24 years
in leadership and product development positions with Intel, Palm,
and Apple.
“Silver Spring is in the strongest position in the company’s
history. With more than 21.5 million critical infrastructure
devices connected across five continents, we are helping deliver
enormous benefits for the world’s leading utilities, cities, their
citizens, and the planet at large,” said Scott Lang, Executive
Chairman of Silver Spring Networks. “As we accelerate our
innovations for utilities, smart cities, and additional emerging
markets, Mike’s proven track record makes him ideally suited to
lead Silver Spring in our next phase of growth. I look forward to
working with Mike as we continue to fulfill the Silver Spring
vision.”
"I am thrilled to be joining the team at Silver Spring Networks,
a company at the very heart of many of today’s most important
technology initiatives. Smart utility networks, smart cities, and
the broader Internet of Things opportunity – these are the forces
shaping the world around us and Silver Spring is poised to take its
proven technology, blue-chip customer relationships, and impressive
global footprint to drive even greater impact,” said Michael Bell,
President and Chief Executive Officer of Silver Spring Networks.
“Silver Spring is uniquely positioned to create even more value for
our clients as we expand the influence of our technology. I look
forward to leading the next phase of growth for the company.”
Mr. Bell brings extensive leadership and technology experience
to Silver Spring. Most recently he held leadership roles in the
technology groups dedicated to new devices, mobility, and
communications at Intel, which were established to help expand the
company’s position in new categories of connected devices.
Previously Mr. Bell also led product development at Palm, the
connected device and smartphone pioneer, and held numerous
leadership roles at Apple.
About Silver Spring Networks
Silver Spring Networks is a leading networking platform and
solutions provider for smart energy networks. Silver Spring’s
pioneering IPv6 networking platform, with over 21.5 million Silver
Spring enabled devices delivered, is connecting utilities to homes
and business throughout the world with the goal of achieving
greater energy efficiency for the planet. Silver Spring’s
innovative solutions enable utilities to gain operational
efficiencies, improve grid reliability, and empower consumers to
monitor and manage energy consumption. Silver Spring Networks’
customers include major utilities around the globe such as
Baltimore Gas & Electric, CitiPower & Powercor,
Commonwealth Edison, CPS Energy, Florida Power & Light, Jemena
Electricity Networks Limited, Pacific Gas & Electric, Pepco
Holdings, Progress Energy and Singapore Power, among others. To
learn more, please visit www.silverspringnet.com.
Forward-Looking Statements
This press release contains forward-looking statements about
Silver Spring Networks’ expectations, plans, intentions, and
strategies, including, but not limited to statements regarding
Silver Spring’s strategy, growth potential, and expansion into new
global and adjacent markets. Statements including words such as
"anticipate", "believe", "estimate", "expect" or “future” and
statements in the future tense are forward-looking statements.
These forward-looking statements involve risks and uncertainties,
as well as assumptions, which, if they do not fully materialize or
prove incorrect, could cause our results to differ materially from
those expressed or implied by such forward-looking statements. The
risks and uncertainties include those described in Silver Spring
Networks' documents filed with or furnished to the Securities and
Exchange Commission. All forward-looking statements in this press
release are based on information available to Silver Spring
Networks as of the date hereof. Silver Spring Networks assumes no
obligation to update these forward-looking statements.
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version on businesswire.com: http://www.businesswire.com/news/home/20150902005356/en/
Silver Spring NetworksMark McKechnie, 650-839-4664Investor
Relationsmmckechnie@silverspringnet.comorNoel Hartzell,
650-839-4184Global Communicationsnhartzell@silverspringnet.com
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