Shoals Technologies Group Appoints CEO Brandon Moss to Its Board of Directors
March 07 2024 - 8:00AM
Shoals Technologies Group, Inc. (“Shoals” or the “Company”)
(Nasdaq: SHLS), a leading provider of electrical balance of system
(“EBOS”) solutions for solar, battery storage, and electric vehicle
charging infrastructure, today announced the Board of Directors
appointed the Company’s Chief Executive Officer, Brandon Moss, to
the Board.
“Since joining Shoals as our Chief Executive
Officer in 2023, Brandon has been instrumental in refining our
company strategy, continuing to build our organizational capacity
and implementing a more robust operating model to sustain our
strong execution,” said Brad Forth, Chairman of the Board of
Shoals. “On behalf of the Board of Directors, I would like to
congratulate him on his well-deserved appointment to our Board. We
look forward to his continued contributions as the leader of the
Company.”
"I am honored to join the Board at this exciting
time, where Shoals has grown revenue at approximately 50% over the
last two years, gained significant market share, and deleveraged
the balance sheet with our strong cash flow,” said Moss. “We have
built an enviable market position and are excited about the growth
opportunity for Shoals in U.S. and international utility scale
solar markets."
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 62 GW of solar systems
globally. For additional information, please visit:
https://www.shoals.com/.
Contacts Shoals@icrinc.com
Forward-Looking Statements
This press release contains forward looking
statements, including potential contributions of our management and
Board of Directors. These statements are not historical facts but
rather are based on the Company’s current expectations. 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 registration statement
filed with the Securities and Exchange Commission.
Shoals Technologies (NASDAQ:SHLS)
Historical Stock Chart
From Apr 2024 to May 2024
Shoals Technologies (NASDAQ:SHLS)
Historical Stock Chart
From May 2023 to May 2024