Capstone Green Energy Welcomes John Toor as Vice President of Operations
Capstone Green Energy Holdings (OTC Pink: CGEH) has appointed John Toor as Vice President of Operations, effective January 27. With over 16 years of manufacturing and supply chain leadership experience, Toor will oversee operations, developing manufacturing, planning, and supply chain strategies including cost-out, 5S, and Lean programs.
Toor joins from All Clear Aerospace and Defense, with previous experience at Meggitt Control Systems and Parker Hannifin. He holds a BA in Economics from UC San Diego and an MBA from Pepperdine University. His role will focus on advancing Capstone's three pillars: Financial Health, Sustainable Excellence, and Culture and Talent Development.
This announcement follows Capstone's recent reorganization in December 2023, where it became the public successor to Capstone Green Energy (CGRN) for SEC reporting purposes, now trading in the Pink Open Market.
Capstone Green Energy Holdings (OTC Pink: CGEH) ha nominato John Toor come Vicepresidente delle Operazioni, con effetto dal 27 gennaio. Con oltre 16 anni di esperienza nella leadership di produzione e nella gestione della supply chain, Toor supervisionerà le operazioni, sviluppando strategie di produzione, pianificazione e supply chain, inclusi costi ridotti, 5S e programmi Lean.
Toor proviene da All Clear Aerospace and Defense e ha precedentemente lavorato presso Meggitt Control Systems e Parker Hannifin. Ha conseguito una laurea in Economia presso UC San Diego e un MBA presso la Pepperdine University. Il suo ruolo si concentrerà sull'avanzamento dei tre pilastri di Capstone: Salute Finanziaria, Eccellenza Sostenibile e Sviluppo della Cultura e del Talento.
Questo annuncio segue la recente riorganizzazione di Capstone avvenuta a dicembre 2023, in cui è diventata il successore pubblico di Capstone Green Energy (CGRN) ai fini dei rapporti SEC, ora quotata nel Pink Open Market.
Capstone Green Energy Holdings (OTC Pink: CGEH) ha nombrado a John Toor como Vicepresidente de Operaciones, con efecto a partir del 27 de enero. Con más de 16 años de experiencia en liderazgo de manufactura y cadena de suministro, Toor supervisará las operaciones, desarrollando estrategias de manufactura, planificación y cadena de suministro, incluyendo reducción de costos, 5S y programas Lean.
Toor llega de All Clear Aerospace and Defense, con experiencia previa en Meggitt Control Systems y Parker Hannifin. Posee una licenciatura en Economía de UC San Diego y un MBA de la Universidad Pepperdine. Su función se centrará en avanzar en los tres pilares de Capstone: Salud Financiera, Excelencia Sostenible y Desarrollo de Cultura y Talento.
Este anuncio sigue a la reciente reorganización de Capstone en diciembre de 2023, donde se convirtió en el sucesor público de Capstone Green Energy (CGRN) para propósitos de reporte ante la SEC, ahora cotizando en el Pink Open Market.
Capstone Green Energy Holdings (OTC Pink: CGEH)가 John Toor를 운영 부사장으로 임명하였으며, 이 임기는 1월 27일부터 시작됩니다. 16년 이상의 제조 및 공급망 리더십 경험을 보유한 Toor는 운영을 감독하며, 비용 절감, 5S 및 Lean 프로그램을 포함한 제조, 계획 및 공급망 전략을 개발할 것입니다.
Toor는 All Clear Aerospace and Defense에서 근무하였으며, 이전에는 Meggitt Control Systems와 Parker Hannifin에서 경험을 쌓았습니다. 그는 UC San Diego에서 경제학 학사 학위를, Pepperdine University에서 MBA를 받았습니다. 그의 역할은 Capstone의 세 가지 기둥인 재무 건전성, 지속 가능한 우수성, 문화 및 인재 개발을 발전시키는 데 중점을 두고 있습니다.
이 발표는 2023년 12월 Capstone의 최근 재조직 이후 이루어진 것으로, Capstone Green Energy (CGRN)의 SEC 보고 목적의 공적 후계자가 되었으며, 현재 Pink Open Market에 상장되어 있습니다.
Capstone Green Energy Holdings (OTC Pink: CGEH) a nommé John Toor au poste de Vice-Président des Opérations, à compter du 27 janvier. Fort de plus de 16 années d'expérience en leadership dans la fabrication et la chaîne d'approvisionnement, Toor supervisera les opérations, développant des stratégies de fabrication, de planification et de chaîne d'approvisionnement, y compris la réduction des coûts, le 5S et des programmes Lean.
Toor vient d'All Clear Aerospace and Defense, ayant précédemment travaillé chez Meggitt Control Systems et Parker Hannifin. Il est titulaire d'une licence en économie de l'UC San Diego et d'un MBA de l'Université Pepperdine. Son rôle sera axé sur l'avancement des trois piliers de Capstone : Santé Financière, Excellence Durable et Développement de la Culture et des Talents.
Cette annonce suit la récente réorganisation de Capstone en décembre 2023, où elle est devenue le successeur public de Capstone Green Energy (CGRN) aux fins de reporting auprès de la SEC, et se négocie désormais sur le Pink Open Market.
Capstone Green Energy Holdings (OTC Pink: CGEH) hat John Toor zum Vice President of Operations ernannt, wirksam ab dem 27. Januar. Mit über 16 Jahren Erfahrung in der Führung von Fertigung und Lieferketten wird Toor die Operationen überwachen und Fertigungs-, Planungs- und Lieferkettenstrategien entwickeln, einschließlich der Kostensenkung, 5S und Lean-Programmen.
Toor kommt von All Clear Aerospace and Defense und hat zuvor bei Meggitt Control Systems und Parker Hannifin gearbeitet. Er hat einen BA in Wirtschaftswissenschaften von UC San Diego und einen MBA von der Pepperdine University. Sein Fokus wird auf der Weiterentwicklung der drei Säulen von Capstone liegen: Finanzielle Gesundheit, Nachhaltige Exzellenz und Kultur- und Talententwicklung.
Diese Ankündigung folgt auf die kürzliche Reorganisation von Capstone im Dezember 2023, als es der öffentliche Nachfolger von Capstone Green Energy (CGRN) für SEC-Berichterstattungszwecke wurde und nun im Pink Open Market gehandelt wird.
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“We are excited for John to join the Capstone leadership team," said Vince Canino, President and CEO of Capstone Green Energy. “John’s deep expertise in manufacturing, operations, and supply chain, coupled with his commitment to having the courage to dare greatly whilst understanding that the little things matter to drive iterative success and effectively foster trust among associates, aligns with our Core Values. His leadership will empower the entire organization to consistently strive for excellence in all its endeavors. I am confident that John's leadership will play a pivotal role in advancing our 3 Pillars of Strength: (1) Financial Health, (2) Sustainable Excellence, and (3) Culture and Talent Development."
Mr. Toor joins Capstone from All Clear Aerospace and Defense, where he held senior leadership roles focused on streamlining operations and enhancing supply chain efficiency. His career includes tenures at Meggitt Control Systems and Parker Hannifin, where he gained a reputation for applying his expertise in developing high-performance teams focused on continuous improvement principles to optimize manufacturing processes and deliver exceptional results.
John holds a Bachelor of Arts in Economics from the University of
"Being part of the dynamic team at Capstone Green Energy, which looks to improve each and every day, no matter how big or small, is exciting for me. I look forward to ensuring our products exceed the value our customers have for them when they make the decision to put their trust in Capstone,” said John Toor, Vice President of Operations. “I am passionate about on-time delivery of high-quality products. My team and I will make every effort to continue to build the trust our customers have placed in Capstone.”
Additional Information
Capstone Green Energy Holdings, Inc. is the public successor to Capstone Green Energy Corporation (CGRN) for SEC reporting purposes. The CUSIP number for the Company's common stock that is now traded in the Pink Open Market following the reorganization transactions consummated in December 2023 is 14067D607, and its ISIN number is US14067D6076.
About Capstone Green Energy
For almost four decades, Capstone Green Energy has been at the forefront of clean technology using microturbines, revolutionizing how businesses manage their energy supply on a sustainable basis. In partnership with our worldwide team of dedicated distributors, we have shipped over 10,000 units to 83 countries, lowering our client's carbon footprint with highly efficient on-site energy systems and microgrid solutions.
Today, our commitment to a cleaner future is unwavering. We offer customers a range of microturbine products ranging from 65kW to multiple MW’s for the commercial, industrial, and utility-scale spaces uniquely tailored to their specific needs. Capstone's solutions portfolio not only showcases our core clean technology microturbines but also includes flexible Energy-as-a-Service (EaaS) offerings, including build, own, and operate models, as well as rental services.
Capstone’s fast, turnkey power rental solutions are intended to address customers with limited capital or short-term needs; for more information, contact rentals@CGRNenergy.com.
In our pursuit of cutting-edge solutions, we've forged strategic partnerships to extend our impact. Through these collaborations, we proudly offer solutions that utilize renewable gas products and heat recovery solutions. These solutions greatly enhance the sustainability and efficiency of our client's operations while contributing to a cleaner and more responsible sustainable energy landscape.
For more information about the Company, please visit www.CapstoneGreenEnergy.com. Follow Capstone Green Energy on Twitter, LinkedIn, Instagram, Facebook, and YouTube.
Cautionary Notes
This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding the improvements Mr. Toor is expected to make at the Company. The Company has tried to identify these forward-looking statements by using words such as “expect,” “anticipate,” “believe,” “could,” “should,” “estimate,” “intend,” “may,” “will,” “plan,” “goal” and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, but not limited to, the following: the Company’s liquidity position and ability to access capital; the Company’s ability to continue as a going concern; the Company’s ability to successfully remediate the material weaknesses in internal control over financial reporting; the Company’s ability to realize the anticipated benefits of its financial restructuring; the Company’s ability to comply with the restrictions imposed by covenants contained in the exit financing and the new subsidiary limited liability company agreement; employee attrition and the Company’s ability to retain senior management and other key personnel following the restructuring; the Company's ability to develop new products and enhance existing products; product quality issues, including the adequacy of reserves therefor and warranty cost exposure; intense competition; financial performance of the oil and natural gas industry and other general business, industry and economic conditions; the impact of litigation and regulatory proceedings; inquiries from the SEC; the potential material adverse effect on the price of the Company’s common stock and stockholder lawsuits. For a detailed discussion of factors that could affect the Company’s future operating results, please see the Company’s filings with the Securities and Exchange Commission, including the risk factors contained in our most recent Annual Report on Form 10-K. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events or for any other reason.
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Capstone Green Energy
Investor and investment media inquiries:
818-407-3628
ir@CGRNenergy.com
Source: Capstone Green Energy Holdings, Inc.
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