Complete Solaria Appoints Solar Industry Veteran and Growth Expert Chris Lundell as its New CEO
11 Diciembre 2023 - 8:00AM
Complete Solaria, Inc. (“Complete Solaria” or the “Company”)
(NASDAQ: CSLR), a leading solar technology, services, and
installation company, today announced the appointment of Chris
Lundell as Chief Executive Officer, effective immediately. Mr.
Lundell will report to Complete Solaria’s Executive Chairman, T.J.
Rodgers.
T.J. Rodgers said, “When I went through our
four-month outsourced CEO search, I found two great candidates and
managed to keep both of them by getting Chris Lundell to join our
board, as we announced on our November earnings call. Chris has now
agreed to put aside other business commitments and join us
full-time as CEO. Chris is already familiar with our company and
executive team, and has hit the ground running.”
Rodgers continued, “Chris is a seasoned
renewables executive having been the CMO of Vivint Solar at its IPO
in 2013. Vivint, since acquired by Sunrun, was a prominent member
of Salt Lake’s vibrant solar community, where our main plant
resides. Before Complete Solaria, Chris worked in multiple
high-tech companies in executive positions, culminating in his
founding of CMOGROW, a consulting company which coached clients on
developing and deploying accelerated growth strategies, enabling
exponential growth for multiple companies from start-ups to Forbes
Global 2000 members. He also has extensive experience in building
outstanding customer service organizations that will accelerate our
ability to scale beyond our current revenue.”
Chris Lundell said, “I am delighted and honored
to join Complete Solaria, a company that has built a solid growth
and delivery capability. I look forward to working with the team at
Complete Solaria to deliver the best solar solutions and experience
to our customers and clients. I am also excited to work with CSLR
Founder, Will Anderson, a visionary leader and a pioneer in the
solar industry.”
Lundell continued by outlining his vision for
Complete Solaria:
- We will provide excellent customer
care and support for our customers by listening to their needs,
addressing their concerns, and exceeding their expectations.
- We will strengthen the company’s
culture and brand by fostering a collaborative, accountable,
inclusive, and innovative work environment.
- We will expand the company’s market
share and reach in the U.S. by offering competitive pricing,
flexible financing, and customized solutions to meet the diverse
needs of home and industry owners.
- We will enhance the company’s
product portfolio and service offerings by leveraging the latest
technologies, research, and best practices in the solar industry,
and by partnering with leading manufacturers, suppliers, and
installers.
Chris Lundell assumes the role of CEO effective
immediately and will be based at the company’s Utah office. He will
continue building out the Company with exceptional talent and
capability. T.J. Rodgers and four senior consultants will focus on
completing the operational transformation of the Company over the
next two quarters.
About Complete SolariaComplete
Solaria is a solar company with unique technology and end-to-end
customer offering, which includes financing, project fulfilment and
customer service. Complete Solaria’s digital platform together with
premium solar products enable one-stop service for clean energy
needs for customers wishing to make the transition to a more
energy-efficient lifestyle. For more information
visit www.CompleteSolaria.com and follow us on LinkedIn.
Forward Looking
Statements This press release may contain certain
forward-looking statements within the meaning of the federal
securities laws with respect to the referenced transactions. These
forward-looking statements generally are identified by the words
“anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,”
“intend,” “may,” “might,” “plan,” “possible,” “potential,”
“predict,” “project,” “should,” “would,” and similar expressions,
but the absence of these words does not mean that a statement is
not a forward-looking statement. Forward-looking statements are
forecasts, predictions, projections and other statements about
future events that are based on current expectations, hopes,
beliefs, intentions, strategies and assumptions and, as a result,
are subject to risks and uncertainties. Many factors could cause
actual future events to differ materially from the forward-looking
statements in this press release and the price of Complete
Solaria’s securities may be volatile due to a variety of factors,
including changes in the applicable competitive or regulatory
landscapes, variations in operating performance across competitors,
changes in laws and regulations affecting Complete Solaria’s
business, and changes in the combined capital structure; the
ability to implement business plans, forecasts, and the evolution
of the markets in which Complete Solaria will compete.
Readers should carefully consider the foregoing
factors and the other risks and uncertainties described in the
“Risk Factors” section of the registration statement on Form S-4
filed, which was declared effective by the Securities and Exchange
Commission (the “SEC”) on June 30, 2023. Such filings identify and
address other important risks and uncertainties that could cause
actual events and results to differ materially from those contained
in the forward-looking statements. 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 Complete Solaria
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.
For investor inquiries, please contact:
Complete Solaria, Inc.Sioban HickiePhone: +1 (510)
270-2537CompleteSolariaIR@icrinc.com
Source: Complete Solaria, Inc.
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