Generac Adds Nam Tran Nguyen to Board of Directors

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Generac Holdings (NYSE: GNRC) announced the appointment of Nam Tran Nguyen to its Board of Directors, effective March 1, 2022. Nam brings extensive experience from her role as COO of Generate Capital and prior positions at SunPower and First Solar. Generac's CEO, Aaron Jagdfeld, expressed excitement about her renewable energy background, which aligns with the company's commitment to innovating the electrical grid. This strategic move aims to strengthen Generac's governance and operational capabilities in the energy sector.

Positive

• Nam Tran Nguyen has a strong background in renewable energy, enhancing the Board's expertise.
• Her experience in energy technology and governance is expected to drive informed decision-making.

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• None.

WAUKESHA, Wis., Feb. 7, 2022 /PRNewswire/ -- Generac Holdings Inc. (NYSE: GNRC) ("Generac"), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today announced that Nam Tran Nguyen has joined its Board of Directors where she will also serve on the Company's Nominating and Corporate Governance Committee.

"Nam has a remarkable track record as an executive leader and her depth of experience in the renewable energy industry make her an excellent addition to our Board of Directors," said Aaron Jagdfeld, president and chief executive officer of Generac. "We are excited to welcome Nam to our Board as we continue to work tirelessly to fulfill our commitment to revolutionize the 21st-century electrical grid."

Nam has served as chief operating officer of Generate Capital, a leading sustainable infrastructure platform, since 2020. In her role, Nam is responsible for Generate's operations, including the management of its assets and portfolio companies, customer success and data and technology functions. Prior to joining Generate, she served as executive vice president at SunPower, one of the largest global solar companies, running its commercial and industrial solar, storage and energy business. Nam has also held the position of vice president of global business development at First Solar, a global provider of comprehensive PV solar solutions, where she led the development, sale and financing of the company's large-scale solar projects and various M&A activities. Nam also held various positions in investment banking, working in New York, Singapore and Los Angeles.

Nam's position becomes effective March 1, 2022.

For more information about Generac, visit www.generac.com.

About Generac
Generac Power Systems, Inc. (NYSE: GNRC) is a leading energy technology company that provides advanced power grid software solutions, backup and prime power systems for home and industrial applications, solar + battery storage solutions, virtual power plant platforms and engine- and battery-powered tools and equipment. Founded in 1959, Generac introduced the first affordable backup generator and later created the category of automatic home standby generator - a market in which nearly eight of ten generators sold is a Generac. The company is committed to sustainable, cleaner energy products poised to revolutionize the 21st century electrical grid.

Contact:	Tami Kou
	262-544-4811 Ext. 3950
	Tami.Kou@Generac.com

 

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SOURCE Generac Power Systems, Inc.

FAQ

What is the significance of Nam Tran Nguyen joining Generac's Board of Directors?

Nam Tran Nguyen's appointment is significant as she brings expertise in renewable energy, which will support Generac's strategic goals in energy technology.

When does Nam Tran Nguyen's position on the board become effective?

Nam Tran Nguyen's position on Generac's Board of Directors becomes effective on March 1, 2022.

What roles has Nam Tran Nguyen held prior to joining Generac's Board?

Nam Tran Nguyen previously served as COO of Generate Capital, and held executive roles at SunPower and First Solar, focusing on energy and renewable technologies.

How will Nam Tran Nguyen's experience impact Generac's direction?

Her extensive experience in the renewable energy sector is expected to strengthen Generac's commitment to innovating the 21st-century electrical grid.