Eos Energy Enterprises Appoints New Chief Financial Officer
2021年12月15日 - 7:00AM
Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos”), a leading
provider of safe, scalable, efficient, and sustainable zinc-based
energy storage systems, today announced that Randall (“Randy”) B.
Gonzales has been appointed Chief Financial Officer, to succeed
Sagar Kurada who has announced his intention to resign, effective
January 11, 2022.
Eos CEO Joe Mastrangelo said, “Randy is a proven industrial CFO
with a superior track record of delivering results and creating
value. I’m excited to welcome Randy to Eos. He is a high-impact
executive who brings a unique blend of capital allocation
discipline, well-honed operating skills, and transformational
leadership abilities. He will be a strong partner as we execute on
our strategic plan to grow our business and deliver strong
operating results, and I’m pleased to have someone of such high
caliber join the Eos team.”
As CFO, Mr. Gonzales will lead Eos's finance organization and
financial activities including accounting and controllership,
financial planning and analysis, tax, investor relations and
treasury.
Mr. Gonzales previously served as Executive Vice President,
Chief Financial Officer, and Treasurer of Lydall, Inc. (NYSE: LDL),
a global provider of specialty filtration and engineered materials
solutions where he led the company's Accounting & Finance,
Strategy & Transformation, Tax, Treasury, Internal Audit,
Investor Relations, and Information Technology organizations. From
December 2014 to March 2018, Mr. Gonzales was Senior Vice
President, Chief Financial Officer and Treasurer of Caterpillar's
(NYSE: CAT) Rail Division, a multi-billion dollar global supplier
of railroad and transit system products and services. From March
2004 to November 2014, Mr. Gonzales held financial and operational
leadership roles of increasing responsibilities within Nissan Motor
Co., Ltd., a Fortune Global 50 automotive manufacturer where he
spent almost six years at Nissan’s global headquarters in
Japan.
Mr. Gonzales said, “Eos is at the forefront of solving the
critical challenge of providing affordable, reliable clean energy
through their innovative long duration energy storage technology
and I am excited to join at a time of significant opportunity for
the company. I look forward to working with Joe and the team to
move Eos forward on its journey to becoming a world-class operating
company.”
Sagar Kurada will step down from his current role as chief
financial officer of Eos effective January 11, 2022, allowing for a
smooth period of transition. Mastrangelo said, “Sagar Kurada played
an instrumental role in taking Eos public and positioned the
Company very well for future growth. I’d like to thank Sagar both
personally and on behalf of the Company for his valuable
contributions to Eos, and we wish him the best in his next role.”
Sagar will be Chief Financial Officer at Newlight Technologies.
About Eos Eos Energy Enterprises, Inc. is
accelerating the shift to clean energy with positively ingenious
solutions that transform how the world stores power. Our
breakthrough Znyth® aqueous zinc battery was designed to overcome
the limitations of conventional lithium-ion technology. Safe,
scalable, efficient, sustainable — and manufactured in the
U.S. — it's the core of our innovative systems
that today provide utility, industrial, and commercial customers
with a proven, reliable energy storage alternative. Eos was founded
in 2008 and is headquartered in Edison, New Jersey. For more
information about Eos (NASDAQ: EOSE), visit eose.com.
Forward-Looking StatementsThis press release
includes certain statements that may constitute "forward-looking
statements" within the meaning of the "safe harbor" provisions of
the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include, but are not limited to,
statements that refer to projections, forecasts or other
characterizations of future events or circumstances, including any
underlying assumptions. The words "anticipate," "believe,"
"continue," "could," "estimate," "expect," "intends," "may,"
"might," "plan," "possible," "potential," "predict," "project,"
"should," "would" and similar expressions may identify
forward-looking statements, but the absence of these words does not
mean that a statement is not forward-looking. Factors which may
cause actual results to differ materially from current expectations
include, but are not limited to: changes adversely affecting the
business in which we are engaged; our ability to forecast trends
accurately; our ability to generate cash, service indebtedness and
incur additional indebtedness; our ability to develop efficient
manufacturing processes to scale and to forecast related costs and
efficiencies accurately; fluctuations in our revenue and operating
results; competition from existing or new competitors; the failure
to convert firm order backlog to revenue; risks associated with
security breaches in our information technology systems; risks
related to legal proceedings or claims; risks associated with
changes in federal, state, or local laws; risks associated with
potential costs of regulatory compliance; risks associated with
changes to U.S. trade policies; risks resulting from the impact of
global pandemics, including the novel coronavirus, Covid-19; and
risks related to adverse changes in general economic conditions.
The forward-looking statements contained in this press release are
also subject to additional risks, uncertainties, and factors,
including those more fully described in Eos’s most recent filings
with the Securities and Exchange Commission, including Eos’s most
recent Annual Report on Form 10-K and subsequent reports on Forms
10-Q and 8-K. Further information on potential risks that could
affect actual results will be included in the subsequent periodic
and current reports and other filings that Eos makes with the
Securities and Exchange Commission from time to time. Moreover, Eos
operates in a very competitive and rapidly changing environment,
and new risks and uncertainties may emerge that could have an
impact on the forward-looking statements contained in this press
release. Forward-looking statements speak only as of the date they
are made. Readers are cautioned not to put undue reliance on
forward-looking statements, and, except as required by law, Eos
assumes no obligation and does not intend to update or revise these
forward-looking statements, whether as a result of new information,
future events, or otherwise.
Contacts |
Investors:
ir@eose.com |
|
Media: media@eose.com |
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