Sunworks Appoints Judith Hall to Board of Directors
October 01 2019 - 8:00AM
Sunworks, Inc. (Nasdaq: SUNW), a premier provider of high
performance solar power solutions for agriculture, commercial,
industrial, public works and residential markets, today announced
that Judith Hall, the former Chief Legal Officer of Recurrent
Energy, one of North America’s largest solar developers that was
acquired by Canadian Solar in 2015, has been appointed to its Board
of Directors, effective October 1, 2019.
Chuck Cargile, Sunworks’ Chief Executive Officer
commented, “Judith is a proven executive and legal advisor, with a
25-plus year career driving legal strategy and global law functions
at high-growth companies, start-ups, and non-profits. As a core
member of the executive team at Recurrent Energy from 2009-2014,
Judith managed legal affairs and oversaw budgets and development
efforts in finance, procurement, construction, and operations. Her
ability to combine legal, business, and technical experience has
allowed her to strategically drive notable results throughout her
career. I am eager to leverage Judith’s experience and am confident
she will add value to our organization as we continue the
transformation of Sunworks.”
With this appointment, the Sunworks board is now
comprised of a total of six members, five of whom are classified as
independent.
As Chief Legal Officer of Recurrent Energy,
Judith was directly accountable for this fast-growing company’s
transactional matters, built an industry leading in-house legal
team and secured more than $4B of project financing, developed and
sold more than 700 MW of solar PV projects and executed more than 1
GW of long-term power purchase agreements. Prior to this, Judith
served as Associate General Counsel of Babcock & Brown, a
global infrastructure and advisory firm. Prior to her legal career,
she provided engineering consulting services to electric power
utilities, the US Department of Energy and the Electric Power
Research Institute, specializing in probabilistic risk
assessment.
Ms. Hall commented, “Throughout my career, I’ve
helped companies develop strategies, processes and policies to
drive operational efficiency, scale and successful commercial
outcomes. Sunworks management has made meaningful strides to
achieve consistent profitability. I am delighted to join
Sunworks and help propel the company’s strategy and growth
initiatives to the next level.”
Ms. Hall received a BS in Mechanical Engineering
with honors from UC Berkeley, a JD cum laude from UC Hastings, and
an LLM in Business Law from UC Berkeley Law.
About Sunworks, Inc.
Sunworks, Inc. (SUNW) is a premier provider of
high-performance solar power systems. We are committed to quality
business practices that exceed industry standards and uphold our
ideals of ethics and safety.
Sunworks continues to grow its presence,
expanding nationally with regional and local offices. We strive to
consistently deliver high quality, performance-oriented solutions
for customers in a wide range of industries including agricultural,
commercial and industrial, federal, public works, and
residential.
Our dedication to excellence is reflected in our
25-year warranty, a benchmark that we stand by to support our
customers above and beyond their expectations.
Sunworks’ diverse, seasoned workforce includes
distinguished veterans who bring a sense of pride, discipline, and
professionalism to their interaction with customers.
Sunworks is a member of the Solar Energy
Industries Association (SEIA) and is a proud advocate for the
advancement of solar power.
Safe Harbor Statement
Matters discussed in this press release contain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. When used in this press
release, the words "anticipate," "believe," "estimate," "may,"
"intend," "expect" and similar expressions identify such
forward-looking statements. Actual results, performance or
achievements could differ materially from those contemplated,
expressed or implied by the forward-looking statements contained
herein. These forward-looking statements are based largely on the
expectations of the Company and are subject to a number of risks
and uncertainties. These risks include, but are not limited to,
risks and uncertainties associated with: the impact of economic,
competitive and other factors affecting the Company and its
operations, markets, products, and prospects for sales, failure to
commercialize our technology, failure of technology to perform as
expected, failure to earn profit or revenue, higher costs than
expected, persistent operating losses, ownership dilution,
inability to repay debt, failure of acquired businesses to perform
as expected, the impact on the national and local economies
resulting from terrorist actions, and U.S. actions subsequently;
and other factors detailed in reports filed by the
Company.
Investor Relations Contact:
Rob Fink FNK IR646-809-4048 rob@fnkir.com
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