FTC Solar Appoints Yann Brandt as New CEO
FTC Solar (Nasdaq: FTCI) has appointed Yann Brandt as its new President and CEO, effective August 19, 2024. Brandt, a solar industry veteran with over 18 years of experience, joins from FlexGen where he served as Chief Commercial Officer. The Board of Directors selected Brandt after a competitive search process, citing his strategic leadership and deep industry knowledge as key factors.
Brandt's experience includes roles at FlexGen, Quick Mount PV, and Conergy, where he demonstrated strong growth and operational expertise. He is also a Board Member for the Solar Energy Industries Association (SEIA). FTC Solar, known for its single-axis trackers and engineering services, aims to leverage Brandt's expertise to capture market opportunities and focus on execution and recovery.
FTC Solar (Nasdaq: FTCI) ha nominato Yann Brandt come nuovo Presidente e CEO, a partire dal 19 agosto 2024. Brandt, veterano del settore solare con oltre 18 anni di esperienza, proviene da FlexGen, dove ha ricoperto il ruolo di Chief Commercial Officer. Il Consiglio di Amministrazione ha scelto Brandt dopo un processo di selezione competitivo, citando la sua leadership strategica e la profonda conoscenza del settore come fattori chiave.
L'esperienza di Brandt include ruoli in FlexGen, Quick Mount PV e Conergy, dove ha dimostrato forti capacità di crescita e competenze operative. È anche membro del Consiglio per l'Associazione delle Industrie dell'Energia Solare (SEIA). FTC Solar, nota per i suoi tracker a asse singolo e i servizi di ingegneria, punta a sfruttare l'expertise di Brandt per cogliere opportunità di mercato e concentrarsi sull'esecuzione e sul recupero.
FTC Solar (Nasdaq: FTCI) ha nombrado a Yann Brandt como su nuevo Presidente y CEO, con efecto a partir del 19 de agosto de 2024. Brandt, un veterano de la industria solar con más de 18 años de experiencia, se une desde FlexGen, donde se desempeñó como Director Comercial. La Junta Directiva seleccionó a Brandt tras un proceso de búsqueda competitivo, citando su liderazgo estratégico y su profundo conocimiento de la industria como factores clave.
La experiencia de Brandt incluye roles en FlexGen, Quick Mount PV y Conergy, donde demostró un fuerte crecimiento y experiencia operativa. También es miembro de la Junta de la Asociación de Industrias de Energía Solar (SEIA). FTC Solar, conocida por sus seguidores de un solo eje y servicios de ingeniería, busca aprovechar la experiencia de Brandt para capturar oportunidades de mercado y enfocarse en la ejecución y la recuperación.
FTC Solar (Nasdaq: FTCI)는 얀 브랜드트(Yann Brandt)를 2024년 8월 19일부로 새로운 사장 겸 CEO로 임명했습니다. 브랜드트는 18년 이상의 경험을 가진 태양광 산업의 베테랑으로, FlexGen에서 상업 이사로 근무하다가 합류하게 되었습니다. 이사회는 경쟁적인 검색 과정을 거쳐 브랜드트를 선정했으며, 그의 전략적 리더십과 깊이 있는 산업 지식이 주요 요인으로 언급되었습니다.
브랜드트의 경력에는 FlexGen, Quick Mount PV, Conergy에서의 역할이 포함되어 있으며, 여기서 그는 강력한 성장과 운영 전문성을 입증했습니다. 또한 그는 태양광 산업 협회(SEIA)의 이사로도 활동하고 있습니다. 단일 축 추적기 및 엔지니어링 서비스로 잘 알려진 FTC Solar는 브랜드트의 전문성을 활용하여 시장 기회를 포착하고 수행 및 회복에 집중할 계획입니다.
FTC Solar (Nasdaq: FTCI) a nommé Yann Brandt comme nouveau Président et CEO, à partir du 19 août 2024. Brandt, vétéran de l'industrie solaire avec plus de 18 ans d'expérience, rejoint l'entreprise en provenance de FlexGen où il a occupé le poste de Directeur Commercial. Le Conseil d'Administration a sélectionné Brandt après un processus de recherche compétitif, mentionnant son leadership stratégique et sa connaissance approfondie de l'industrie comme des critères clés.
L'expérience de Brandt comprend des rôles chez FlexGen, Quick Mount PV et Conergy, où il a démontré de fortes compétences en croissance et en opérations. Il est également membre du Conseil de l'Association des Industries de l'Énergie Solaire (SEIA). FTC Solar, connue pour ses suiveurs solaires à axe unique et ses services d'ingénierie, cherche à tirer parti de l'expertise de Brandt pour saisir des opportunités de marché et se concentrer sur l'exécution et la reprise.
FTC Solar (Nasdaq: FTCI) hat Yann Brandt als neuen Präsidenten und CEO ernannt, der am 19. August 2024 sein Amt antreten wird. Brandt, ein Branchenexperte mit über 18 Jahren Erfahrung in der Solarindustrie, kommt von FlexGen, wo er als Chief Commercial Officer tätig war. Der Vorstand wählte Brandt nach einem wettbewerbsorientierten Auswahlprozess aus und nannte seine strategische Führung und tiefgehende Branchenkenntnisse als entscheidende Faktoren.
Brandts Erfahrung umfasst Positionen bei FlexGen, Quick Mount PV und Conergy, wo er starke Wachstums- und Betriebskompetenzen unter Beweis stellte. Er ist außerdem Vorstandsmitglied der Solar Energy Industries Association (SEIA). FTC Solar, bekannt für seine einachsigen Tracker und Ingenieurdienstleistungen, beabsichtigt, Brandts Expertise zu nutzen, um Marktchancen zu ergreifen und sich auf die Umsetzung und Wiederherstellung zu konzentrieren.
- Appointment of experienced solar industry executive as new CEO
- New CEO brings 18 years of experience in solar manufacturing, project development, and finance
- CEO has a track record of driving revenue growth and profitability in previous roles
- New leadership could potentially improve company's market position and execution
- Leadership transition may cause temporary operational disruptions
- New CEO's strategies might not align with current company direction, potentially leading to short-term uncertainties
AUSTIN, Texas, July 23, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software and engineering services, today announced that its Board of Directors has appointed Yann Brandt, a longtime solar executive, as the company’s new President and Chief Executive Officer and a member of the Board, effective August 19, 2024. His appointment has been made following a robust and competitive search process carried out by the Board with support from external resources.
Shaker Sadasivam, Chairman of the Board of FTC Solar, said, “FTC has built a strong industry brand and foundation as a company, with a robust catalog of single-axis trackers for both 1P and 2P configuration with industry leading constructability and an enhanced cost structure. Following a thorough and highly competitive process to identify FTC Solar’s next CEO, the Board finds that Yann is the right leader for FTC at this time, to execute on this foundation and capture the significant opportunity we see ahead. He is an exceptional, strategic leader and industry insider with deep experience and relationships throughout the solar industry. His focus on performance and delivery, with a firm understanding of the opportunities and challenges in the solar market, will serve FTC well as we continue to focus on execution and a healthy recovery. We are pleased to welcome him to the leadership team and Board.”
Mr. Brandt is a solar executive with more than 18 years of experience in solar manufacturing, project development, finance, and energy storage. He joins the company from FlexGen, a leading battery energy storage services and software company, where he most recently served as Chief Commercial Officer since November 2022 and previously as Chief Financial Officer since February 2021, overseeing tremendous growth in revenue and profitability during his tenure. Prior to FlexGen, Mr. Brandt served as CEO of Quick Mount PV, a leading manufacturer of solar racking for residential solar, where he led the company’s reorganization and subsequent strong growth. Prior to that, he was with Conergy, a leading downstream solar company, where he served as President of the Americas, leading all business operations, as well as Global Head of Marketing and PR overseeing a team in 15 countries. He is a current Board Member for the Solar Energy Industries Association (SEIA) and holds a Bachelor of Science degree in mechanical engineering from Johns Hopkins University.
On his appointment, Mr. Brandt commented, “I am thrilled to be selected to lead FTC Solar, a top brand in the tracking market. I have been familiar with FTC Solar since its inception and continue to be impressed with the reputation it has developed for innovation and ease of use. It is an exciting time to join FTC Solar and work with their customers and prospects, many of which I know well, and provide the best tracker solutions for their projects, while helping to take FTC’s business to the next level. Together with this incredible team, I am certain that we will impress the market with service and execution.”
About FTC Solar Inc.
Founded in 2017 by a group of renewable energy industry veterans, FTC Solar is a global provider of solar tracker systems, technology, software, and engineering services. Solar trackers significantly increase energy production at solar power installations by dynamically optimizing solar panel orientation to the sun. FTC Solar’s innovative tracker designs provide compelling performance and reliability, with an industry-leading installation cost-per-watt advantage.
Forward-Looking Statements
This press release contains forward looking statements. These statements are not historical facts but rather are based on our current expectations and projections regarding our business, operations and other factors relating thereto. Words such as “may,” “will,” “could,” “would,” “should,” “anticipate,” “predict,” “potential,” “continue,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates” and similar expressions are used to identify these forward-looking statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. You should not rely on our forward-looking statements as predictions of future events, as actual results may differ materially from those in the forward-looking statements because of several factors, including those described in more detail in our filings with the U.S. Securities and Exchange Commission, including the section entitled “Risk Factors” contained therein. FTC Solar undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.
FTC Solar Investor Contact:
Bill Michalek
Vice President, Investor Relations
FTC Solar
T: (737) 241-8618
E: IR@FTCSolar.com
FTC Solar Media Contact:
Sarah Evans
On behalf of FTC Solar
E: sarah@zenmedia.com
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