Shoals Technologies Group, Inc. Announces Key Executive Appointments
December 13 2022 - 04:05PM
GlobeNewswire Inc.
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 appointments of Jeff
Tolnar, Ben Macias and Jessica Uecker to President, Chief Revenue
Officer (CRO) and Chief Human Resources Officer (CHRO),
respectively, effective December 19, 2022.
As Senior Vice President, Electric Vehicle (EV)
solutions since April 2021, Mr. Tolnar has been responsible for
expanding Shoals’ industry-leading solar EBOS solutions into the
global EV market to enable more economical, efficient and higher
quality EV charging infrastructure deployments. Over the course of
his career, Mr. Tolnar has held senior officer positions within
Fortune 100 companies, co-founded four start-ups, was part of three
successful company exits and experienced five company acquisitions.
Prior to his experience in the eMobility space, Mr. Tolnar focused
on smart edge devices as part of the Internet of Things. As
President, he will be responsible for overseeing the day-to-day
sales and engineering operations of the Company and ensuring
milestones are met in alignment with the company's strategic
goals.
As Senior Vice President of Sales and Marketing
for Shoals since January 2021, Mr. Macias has been responsible for
sales, marketing, and developing go-to-market strategies for
international markets. A seasoned solar industry veteran with more
than a decade of experience in electrical and structural balance of
systems components, he also works cross-functionally with
engineering to develop and bring new products to market. As CRO,
Mr. Macias will work to connect different revenue-related
functions, from marketing to sales, customer success, pricing, and
revenue operations to further improve Shoals’ sales performance and
ensure customer satisfaction.
As Senior Vice President, Human Resources since
June 2021, Ms. Uecker has overseen Shoals’ human resources function
leveraging her more than 20 years of extensive HR experience. Ms.
Uecker provides a diverse background in both Fortune 500 companies
and high growth, agile smaller companies, and has held leadership
positions in center of excellence, corporate, business unit and
field HR roles. As CHRO, Ms. Uecker will be responsible for
overseeing all HR matters for Shoals, including developing and
implementing recruiting and retention strategies to ensure a strong
pipeline of future talent, promoting diversity and inclusion in the
workplace, and advancing the Company’s status as an equal
opportunity employer.
“Shoals is proud to appoint Jeff Tolnar, Ben
Macias and Jessica Uecker to the positions of President, CRO and
CHRO,” said Jason Whitaker, Chief Executive Officer of Shoals
Technologies. “Their efforts in building out their respective teams
and expanding our customer reach have been instrumental in Shoals’
industry outperformance. The appointments of Jeff, Ben and Jessica
reflect both their past contributions, but more important, our
confidence in their ability to drive Shoals’ continued success as
we move ahead.”
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.
Contacts Investors:Email: investors@shoals.com
Phone: 615-323-9836
Media:Email: media@shoals.com
Forward-Looking StatementsThis press release
contains forward-looking statements that are based on our
management’s beliefs and assumptions and on information currently
available to our management. Forward-looking statements include
information concerning the new officers’ potential contributions,
our possible or assumed future results of operations, business
strategies, technology developments, financing and investment
plans, dividend policy, competitive position, industry and
regulatory environment, potential growth opportunities and the
effects of competition. Forward-looking statements include
statements that are not historical facts and can be identified by
terms such as “anticipate,” “believe,” “could,” “estimate,”
“expect,” “intend,” “may,” “plan,” “potential,” “predict,”
“project,” "seek," “should,” “will,” “would” or similar expressions
and the negatives of those terms.
Forward-looking statements involve known and
unknown risks, uncertainties and other factors that may cause our
actual results, performance or achievements to be materially
different from any future results, performance or achievements
expressed or implied by the forward-looking statements. These risks
and uncertainties include changes to Jason Whitaker’s, our Chief
Executive Officer, circumstances, inability to find a new Chief
Executive Officer, the impact of the announcement of the Chief
Executive Officer succession and other officer appointments or
departures on the Company’s stock and its employees, suppliers and
customers, and other risks and uncertainties described in the
Company’s most recent Annual Report on Form 10-K and subsequent
filings with the Securities and Exchange Commission. Given these
uncertainties, you should not place undue reliance on
forward-looking statements. Given these uncertainties, you should
not place undue reliance on forward-looking statements. Also,
forward-looking statements represent our management’s beliefs and
assumptions only as of the date of this press release. You should
read this press release with the understanding that our actual
future results may be materially different from what we expect.
Except as required by law, we assume no
obligation to update these forward-looking statements, or to update
the reasons actual results could differ materially from those
anticipated in these forward-looking statements, even if new
information becomes available in the future.
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