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Beam Global Announces Appointment of Sales Veteran to Lead and Expand Internal and External Sales Teams

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Beam Global (Nasdaq: BEEM) has appointed Andy Lovsted as Vice President of Sales to lead the company's expansion in EV infrastructure and energy security markets. Lovsted brings over 20 years of executive leadership experience, most recently serving as VP of Sales at Nice North America , where he managed partnerships worth approximately $500M in annual revenue. His expertise includes transportation, storage, and security technologies. At Beam Global, he will focus on optimizing internal team capabilities and expanding distribution networks through agents, resellers, and distributors.

Beam Global (Nasdaq: BEEM) ha nominato Andy Lovsted come Vice Presidente delle Vendite per guidare l'espansione dell'azienda nei mercati delle infrastrutture per veicoli elettrici e della sicurezza energetica. Lovsted porta con sé oltre 20 anni di esperienza nella leadership esecutiva, avendo recentemente ricoperto il ruolo di VP delle Vendite presso Nice North America, dove ha gestito partnership del valore di circa 500 milioni di dollari di fatturato annuale. La sua expertise include tecnologie per il trasporto, l'immagazzinamento e la sicurezza. Presso Beam Global, si concentrerà sull'ottimizzazione delle capacità interne del team e sull'espansione delle reti di distribuzione attraverso agenti, rivenditori e distributori.

Beam Global (Nasdaq: BEEM) ha nombrado a Andy Lovsted como Vicepresidente de Ventas para liderar la expansión de la empresa en los mercados de infraestructura de vehículos eléctricos y seguridad energética. Lovsted aporta más de 20 años de experiencia en liderazgo ejecutivo, habiendo servido más recientemente como VP de Ventas en Nice North America, donde gestionó asociaciones valoradas en aproximadamente 500 millones de dólares en ingresos anuales. Su experiencia incluye tecnologías de transporte, almacenamiento y seguridad. En Beam Global, se centrará en optimizar las capacidades del equipo interno y en expandir las redes de distribución a través de agentes, revendedores y distribuidores.

Beam Global (Nasdaq: BEEM)는 Andy Lovsted를 판매 부사장으로 임명하여 전기차 인프라 및 에너지 보안 시장에서 회사의 확장을 이끌게 했습니다. Lovsted는 20년 이상의 임원 리더십 경험을 보유하고 있으며, 최근에는 Nice North America에서 판매 부사장으로 근무하면서 연간 수익 약 5억 달러에 달하는 파트너십을 관리했습니다. 그의 전문 분야는 운송, 저장 및 보안 기술입니다. Beam Global에서는 내부 팀의 역량 최적화와 에이전트, 재판매업체 및 유통업체를 통한 유통 네트워크 확장에 집중할 것입니다.

Beam Global (Nasdaq: BEEM) a nommé Andy Lovsted au poste de Vice-Président des ventes pour diriger l'expansion de l'entreprise sur les marchés des infrastructures de véhicules électriques et de la sécurité énergétique. Lovsted a plus de 20 ans d'expérience en leadership exécutif, ayant récemment exercé la fonction de VP des ventes chez Nice North America, où il a géré des partenariats d'une valeur d'environ 500 millions de dollars de revenus annuels. Son expertise inclut les technologies de transport, de stockage et de sécurité. Chez Beam Global, il se concentrera sur l'optimisation des capacités internes de l'équipe et l'expansion des réseaux de distribution via des agents, des revendeurs et des distributeurs.

Beam Global (Nasdaq: BEEM) hat Andy Lovsted zum Vertriebs-Vizepräsidenten ernannt, um die Expansion des Unternehmens im Bereich der EV-Infrastruktur und der Energiesicherheitsmärkte zu leiten. Lovsted bringt über 20 Jahre Erfahrung in der Führungskräfteverantwortung mit und war zuletzt als VP of Sales bei Nice North America tätig, wo er Partnerschaften mit einem Jahresumsatz von etwa 500 Millionen US-Dollar verwaltete. Seine Expertise umfasst Technologien im Bereich Transport, Lagerung und Sicherheit. Bei Beam Global wird er sich darauf konzentrieren, die internen Teamfähigkeiten zu optimieren und die Vertriebsnetze über Agenten, Wiederverkäufer und Distributoren auszubauen.

Positive
  • Appointment of experienced sales executive with proven track record managing $500M revenue portfolio
  • Strategic focus on expanding distribution channels and sales network
  • Executive brings relevant industry experience in transportation and technology sectors
Negative
  • None.

Andy Lovsted brings 20 years of executive leadership and distribution channel development experience

SAN DIEGO, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, is pleased to announce the appointment of Andy Lovsted as Vice President of Sales. In this role Mr. Lovsted will spearhead Beam Global’s sales strategy to expand the company’s footprint in electric vehicle (EV) infrastructure and energy security markets.

Mr. Lovsted is a proven leader in managing sales for large enterprises and in emerging markets with over 20 years of executive leadership experience in the technology sector. He is recognized for his ability to transform sales organizations and deliver exceptional results, most recently, as Vice President of Sales at Nice North America LLC, previously known as Nortek Security & Control, LLC, one of the largest smart commercial and industrial solutions manufacturing companies in the world. Mr. Lovsted managed a portfolio of products including partnerships with ADT, Brinks Home, Samsung and TELUS, responsible for approximately $500M in annual revenue. His expertise spans various industries including transportation, storage and security technologies where he has been instrumental in launching innovative products and driving significant revenue.

“We are thrilled to welcome Andy to our team at a pivotal moment for Beam Global, to drive growth in commercial and government sectors through optimizing our internal team’s capabilities and, importantly, through the force multiplication effect of engaging agents, resellers and distributors,” said Desmond Wheatley, CEO of Beam Global. “Andy’s proven track record in driving high-performance teams and his extensive experience in growing distribution networks in the technology and automation sectors make him uniquely qualified to scale our sales programs and capture new opportunities in the rapidly expanding markets we target.”

“I’m excited to join Beam Global as the company continues its leadership in providing rapidly deployed, scalable and sustainable EV charging, smart city and energy storage solutions,” said Mr. Lovsted. “The rapid adoption of electric vehicles, increased electrical capacity requirements and evermore challenging environmental conditions make me confident that Beam Global’s innovative products are well-positioned to meet the growing demand while creating a fantastic growth engine. Building a sales team that gets to sell industry leading, unique and patented products that are highly relevant, is exciting, fun and rewarding. I look forward to being at the sharp end of the company’s mission of providing sustainable energy solutions.”

Throughout his career Mr. Lovsted has demonstrated an ability to build and execute effective go-to-market strategies, foster key industry relationships and implement transformative sales initiatives. He focuses on maximizing efficiency, driving accountability and implementing strategic change management to optimize team performance. His background includes driving significant sales and marketing and business development for Hewlett Packard, Seagate, Siemens, Nice and others where he has built and led teams of 100+. Mr. Lovsted holds a Bachelor of Science in Business Administration and Marketing from San Diego State University.

About Beam Global

Beam Global is a clean technology innovator which develops and manufactures sustainable infrastructure products and technologies. We operate at the nexus of clean energy and transportation with a focus on sustainable energy infrastructure, rapidly deployed and scalable EV charging solutions, safe energy storage and vital energy security. With operations in the U.S. and Europe, Beam Global develops, patents, designs, engineers and manufactures unique and advanced clean technology solutions that power transportation, provide secure sources of electricity, save time and money and protect the environment. Headquartered in San Diego with facilities in Chicago, Belgrade and Kraljevo, Beam Global has a deep patent portfolio and is listed on Nasdaq under the symbol BEEM. For more information visit BeamForAll.com, LinkedIn, YouTube and X (formerly Twitter).

Media Contact:
Skyya PR
+1 651-335-0585
Press@BeamForAll.com

Investor Relations:
Core IR
+1 516-222-2560
IR@BeamForAll.com


FAQ

Who is the new Vice President of Sales at Beam Global (BEEM)?

Andy Lovsted has been appointed as Vice President of Sales at Beam Global (BEEM), bringing over 20 years of executive leadership experience.

What was Andy Lovsted's previous role before joining Beam Global (BEEM)?

Before joining Beam Global, Andy Lovsted served as Vice President of Sales at Nice North America , managing partnerships worth approximately $500M in annual revenue.

What will be Andy Lovsted's main responsibilities at Beam Global (BEEM)?

At Beam Global, Lovsted will lead the company's sales strategy, expand its footprint in EV infrastructure and energy security markets, and develop distribution networks through agents, resellers, and distributors.

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