Pineapple Energy Welcomes Andy Childs as Interim Chief Financial Officer
Pineapple Energy Inc. (Nasdaq: PEGY) has appointed Andy Childs as Interim Chief Financial Officer, succeeding Eric Ingvaldson who resigned on August 30, 2024. Childs brings nearly 25 years of accounting, finance, and operational experience to the role. Scott Maskin, Pineapple's Interim CEO, expressed confidence that Childs' experience will support the company's evolution and focus on long-term market opportunities.
Childs' background includes experience in capital raises, M&A completions, and corporate restructuring. He previously worked with Conduit Capital Partners and co-founded Cinema Labs. Pineapple Energy expects marked improvement in the second half of 2024, particularly in the commercial side of the business, compared to the first six months.
Pineapple Energy Inc. (Nasdaq: PEGY) ha nominato Andy Childs come Chief Financial Officer ad interim, succedendo a Eric Ingvaldson che si è dimesso il 30 agosto 2024. Childs porta quasi 25 anni di esperienza in contabilità, finanza e operazioni nel ruolo. Scott Maskin, CEO ad interim di Pineapple, ha espresso fiducia che l'esperienza di Childs supporterà l'evoluzione dell'azienda e il focus sulle opportunità di mercato a lungo termine.
Il background di Childs include esperienza in raccolta di capitali, completamento di fusioni e acquisizioni, e ristrutturazione aziendale. Ha precedentemente lavorato con Conduit Capital Partners e ha co-fondato Cinema Labs. Pineapple Energy prevede un marcato miglioramento nella seconda metà del 2024, in particolare nel lato commerciale dell'attività, rispetto ai primi sei mesi.
Pineapple Energy Inc. (Nasdaq: PEGY) ha nombrado a Andy Childs como Director Financiero Interino, sucediendo a Eric Ingvaldson, quien renunció el 30 de agosto de 2024. Childs aporta casi 25 años de experiencia en contabilidad, finanzas y operaciones al cargo. Scott Maskin, CEO interino de Pineapple, expresó confianza en que la experiencia de Childs apoyará la evolución de la empresa y su enfoque en oportunidades de mercado a largo plazo.
La trayectoria de Childs incluye experiencia en la recaudación de capital, finalización de fusiones y adquisiciones, y reestructuración corporativa. Anteriormente trabajó con Conduit Capital Partners y cofundó Cinema Labs. Pineapple Energy espera una mejora notable en la segunda mitad de 2024, particularmente en el área comercial del negocio, en comparación con los primeros seis meses.
파인애플 에너지 주식회사(Pineapple Energy Inc., Nasdaq: PEGY)는 2024년 8월 30일 사임한 에릭 잉발드슨(Eric Ingvaldson)의 후임으로 앤디 차일즈(Andy Childs)를 임시 최고재무책임자(Interim Chief Financial Officer)로 임명했습니다. 차일즈는 회계, 재무 및 운영 분야에서 거의 25년의 경험을 가지고 있습니다. 파인애플의 임시 CEO인 스콧 마스킨(Scott Maskin)은 차일즈의 경험이 회사의 발전과 장기 시장 기회에 대한 집중을 지원할 것이라고 확신했습니다.
차일즈는 자본 조달, M&A 완료 및 기업 재구성 관여 경험이 있습니다. 그는 이전에 콘듀잇 캐피탈 파트너스(Conduit Capital Partners)에서 근무했으며 시네마 랩스(Cinema Labs)를 공동 설립했습니다. 파인애플 에너지는 특히 사업의 상업적인 측면에서 2024년 하반기에는 첫 6개월에 비해 현저한 개선이 있을 것으로 기대하고 있습니다.
Pineapple Energy Inc. (Nasdaq: PEGY) a nommé Andy Childs au poste de directeur financier par intérim, succédant à Eric Ingvaldson qui a démissionné le 30 août 2024. Childs apporte près de 25 ans d'expérience en comptabilité, finance et opérations dans ce rôle. Scott Maskin, le PDG par intérim de Pineapple, a exprimé sa confiance dans le fait que l'expérience de Childs soutiendra l'évolution de l'entreprise et son attention sur les opportunités de marché à long terme.
Le parcours de Childs inclut de l'expérience dans les levées de fonds, les finalisations de fusions et acquisitions, et la restructuration d'entreprise. Il a précédemment travaillé avec Conduit Capital Partners et cofondé Cinema Labs. Pineapple Energy prévoit une amélioration significative dans la seconde moitié de 2024, en particulier dans le secteur commercial de l'entreprise, par rapport aux six premiers mois.
Pineapple Energy Inc. (Nasdaq: PEGY) hat Andy Childs zum Interims-Finanzvorstand ernannt, der Eric Ingvaldson nachfolgt, der am 30. August 2024 zurückgetreten ist. Childs bringt fast 25 Jahre Erfahrung in Buchhaltung, Finanzen und Betrieb in diese Rolle ein. Scott Maskin, der Interims-CEO von Pineapple, äußerte Vertrauen, dass Childs' Erfahrung die Entwicklung des Unternehmens unterstützen und auf langfriste Marktchancen fokussieren wird.
Childs’ Hintergrund umfasst Erfahrungen in Kapitalbeschaffungen, dem Abschluss von Fusionen und Übernahmen sowie in der Unternehmensrestrukturierung. Zuvor arbeitete er bei Conduit Capital Partners und war Mitgründer von Cinema Labs. Pineapple Energy erwartet in der zweiten Hälfte von 2024 eine deutliche Verbesserung, insbesondere im kommerziellen Bereich des Geschäfts, im Vergleich zu den ersten sechs Monaten.
- Appointment of experienced CFO with 25 years of diverse financial expertise
- Expected improvement in commercial business performance for second half of 2024
- New CFO's background in capital raises and M&A could support future growth initiatives
- Resignation of previous CFO indicates potential instability in leadership
- Acknowledgment of ongoing challenges in the business
RONKONKOMA, N.Y., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (Nasdaq: PEGY) (Pineapple Energy) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and backup power to households, businesses, municipalities, and for servicing existing systems, today announced the appointment of Andy Childs as the Company’s Interim Chief Financial Officer.
Mr. Childs succeeds Eric Ingvaldson who, as previously announced, resigned the position of Chief Financial Officer effective August 30, 2024.
“Andy brings nearly 25 years of accounting, finance, and operational experience across multiple industries to his new role at Pineapple,” Scott Maskin, Pineapple’s Interim CEO, said. “He joins the Company at an important time in our development. While some challenges remain, we fully expect that the second half of the year, notably on the commercial side of the business, will show marked improvement when compared to the first six months of 2024. We believe that the depth and diversity of Andy’s experience will be a key strength that will support our continuing evolution and sharpen our focus in the pursuit of longer-term market opportunities.”
Prior to joining Pineapple, Childs was with Conduit Capital Partners, an investment group known for connecting companies to mission aligned investors. Child’s professional background includes experience in navigating successful capital raises, M&A completions, and corporate restructuring transactions.
Aside from his financial work, Childs is a co-founder of Cinema Labs, a group that aims to reimagine landmark movie theaters into community entertainment centers that celebrate film. The effort recently restored a beloved historic movie theater in New Canaan, Connecticut.
“I couldn’t be happier to become the newest member of Pineapple’s mission-driven executive management team,” Childs added. “The work that Scott and the Pineapple team have accomplished in a relatively short time highlights just how driven they are to transform the Company and advance the adoption of solar electricity with battery storage. I think that Pineapple is a perfect fit for my skillset and overall approach to financial management.”
About Pineapple Energy
Pineapple is focused on growing leading local and regional solar, storage, and energy services companies nationwide. Our vision is to power the energy transition through grass-roots growth of solar electricity paired with battery storage. Our portfolio of brands (SUNation Energy, Hawaii Energy Connection, E-Gear) provide those within the Residential and Commercial sectors an end-to-end product offering spanning solar, battery storage, and grid services.
Forward Looking Statements
This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding future financial performance, future growth, and future opportunities. These statements are based on Pineapple Energy’s current expectations or beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements here due to changes in economic, business, competitive or regulatory factors, and other risks and uncertainties, set forth in the company’s filings with the Securities and Exchange Commission. The forward-looking statements in this press release speak only as of the date of this press release. Pineapple Energy does not undertake any obligation to update or revise these forward-looking statements for any reason, except as required by law.
Contacts:
Scott Maskin
Interim Chief Executive Officer
+1 (631) 823-7131
SMaskin@sunation.com
Pineapple Investor Relations
IR@pineappleenergy.com
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