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Shoals Technologies Group Appoints Chief Operations Officer and Interim Chief Legal Officer

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Shoals Technologies Group, a global leader in electrical balance of system (EBOS) solutions for the energy transition market, has announced two key appointments to strengthen its executive team. Kirsten Moen has been named Chief Operations Officer, bringing extensive experience from organizations like Eaton and Stanley Black & Decker. Moen's expertise in lean manufacturing and process optimization is expected to enhance Shoals' position in the renewable energy industry.

Additionally, Chad Warpula has been appointed as interim Chief Legal Officer. Warpula, a corporate partner at Troutman Pepper, brings a wealth of experience in corporate law, securities, M&A, and governance. These appointments are aimed at driving operational excellence and positioning Shoals to execute its strategy effectively in the evolving energy market.

Shoals Technologies Group, un leader globale nelle soluzioni di bilanciamento elettrico del sistema (EBOS) per il mercato della transizione energetica, ha annunciato due nomine chiave per rafforzare il suo team esecutivo. Kirsten Moen è stata nominata Chief Operations Officer, portando con sé una vasta esperienza da organizzazioni come Eaton e Stanley Black & Decker. L'expertise di Moen nella produzione snella e nell'ottimizzazione dei processi è destinata a migliorare la posizione di Shoals nell'industria delle energie rinnovabili.

Inoltre, Chad Warpula è stato nominato Chief Legal Officer ad interim. Warpula, partner corporate presso Troutman Pepper, porta con sé una ricchezza di esperienza in diritto societario, titoli, fusioni e acquisizioni e governance. Queste nomine mirano a promuovere l'eccellenza operativa e a posizionare Shoals per eseguire efficacemente la sua strategia nel mercato energetico in evoluzione.

Shoals Technologies Group, un líder global en soluciones de equilibrio eléctrico del sistema (EBOS) para el mercado de la transición energética, ha anunciado dos nombramientos clave para fortalecer su equipo ejecutivo. Kirsten Moen ha sido nombrada Chief Operations Officer, aportando una amplia experiencia de organizaciones como Eaton y Stanley Black & Decker. La experiencia de Moen en manufactura esbelta y optimización de procesos se espera que mejore la posición de Shoals en la industria de la energía renovable.

Además, Chad Warpula ha sido nombrado Chief Legal Officer interino. Warpula, socio corporativo en Troutman Pepper, trae consigo una gran experiencia en derecho corporativo, valores, fusiones y adquisiciones, y gobernanza. Estos nombramientos tienen como objetivo impulsar la excelencia operativa y posicionar a Shoals para ejecutar su estrategia de manera efectiva en el mercado energético en evolución.

쇼얼스 테크놀로지스 그룹(Shoals Technologies Group)은 에너지 전환 시장을 위한 전기 시스템 균형(EBOS) 솔루션의 글로벌 리더로서, 임원 팀 강화를 위한 두 가지 주요 임명을 발표했습니다. 키르스텐 모엔최고 운영 책임자로 임명되었으며, 이튼(Eaton)과 스탠리 블랙 앤드 데커(Stanley Black & Decker)와 같은 조직에서 쌓은 방대한 경험을 갖추고 있습니다. 모엔의 린 제조 및 프로세스 최적화에 대한 전문성은 쇼얼스의 재생 에너지 산업 내 입지를 향상시킬 것으로 예상됩니다.

추가로, 채드 워풀라임시 최고 법률 책임자로 임명되었습니다. 워풀라는 트라우트먼 페퍼(Troutman Pepper)의 기업 파트너로서, 기업법, 증권, M&A 및 거버넌스에 대한 풍부한 경험을 가지고 있습니다. 이러한 임명은 운영 우수성을 촉진하고 변화하는 에너지 시장에서 쇼얼스가 전략을 효과적으로 실행할 수 있도록 위치 짓는 것을 목표로 하고 있습니다.

Shoals Technologies Group, un leader mondial dans les solutions d'équilibre électrique du système (EBOS) pour le marché de la transition énergétique, a annoncé deux nominations clés visant à renforcer son équipe exécutive. Kirsten Moen a été nommée directrice des opérations, apportant une vaste expérience d'organisations telles qu'Eaton et Stanley Black & Decker. L'expertise de Moen en fabrication allégée et en optimisation des processus devrait améliorer la position de Shoals dans l'industrie des énergies renouvelables.

De plus, Chad Warpula a été nommé directeur juridique par intérim. Warpula, partenaire entreprise chez Troutman Pepper, apporte une riche expérience en droit des sociétés, en valeurs mobilières, en fusions et acquisitions, et en gouvernance. Ces nominations visent à favoriser l'excellence opérationnelle et à positionner Shoals pour exécuter sa stratégie de manière efficace sur le marché énergétique en évolution.

Shoals Technologies Group, ein weltweit führendes Unternehmen für elektrische Balance-Systemlösungen (EBOS) im Markt für die Energiewende, hat zwei wichtige Ernennungen bekannt gegeben, um sein Führungsteam zu stärken. Kirsten Moen wurde zur Chief Operations Officer ernannt und bringt umfangreiche Erfahrungen aus Organisationen wie Eaton und Stanley Black & Decker mit. Moens Expertise in schlanker Produktion und Prozessoptimierung wird voraussichtlich die Position von Shoals in der erneuerbaren Energiebranche stärken.

Zusätzlich wurde Chad Warpula zum interim Chief Legal Officer ernannt. Warpula, ein Unternehmenspartner bei Troutman Pepper, bringt eine Fülle von Erfahrungen im Gesellschaftsrecht, in Wertpapieren, M&A und Governance mit. Diese Ernennungen zielen darauf ab, operative Exzellenz voranzutreiben und Shoals in die Lage zu versetzen, seine Strategie im sich wandelnden Energiemarkt effektiv umzusetzen.

Positive
  • Appointment of experienced Chief Operations Officer with expertise in lean manufacturing and process optimization
  • Addition of interim Chief Legal Officer with extensive corporate law experience
  • Strengthening of executive team to drive operational excellence
Negative
  • None.

Appointments Expand Executive Team to Drive Operational Excellence

PORTLAND, Tenn., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals”), a global leader in electrical balance of system (“EBOS”) solutions for the energy transition market, announced today that it has further strengthened its executive team with two new additions to drive operational excellence.

Kirsten Moen, newly appointed Chief Operations Officer, is an accomplished operations and manufacturing executive with extensive experience in leading organizations such as Eaton and Stanley Black & Decker. Her established track record of driving lean manufacturing, optimizing manufacturing processes, and delivering measurable results will further position Shoals as a leader in the renewable energy industry.

“It has been exciting to be able to draw so much talent to Shoals and Kirsten is no exception,” says Brandon Moss, CEO of Shoals. “Throughout her career, Kirsten has consistently streamlined operations, improved efficiency, and enhanced product quality. Her leadership style fosters collaboration, continuous improvement, and talent development, empowering teams to achieve peak performance. We look forward to Kirsten’s leadership and the positive impact she will bring to our organization.”

Rounding out the executive team expansion is Chad Warpula, who was appointed as interim Chief Legal Officer. Chad is a corporate partner at Troutman Pepper where he represents clients in a wide variety of complex matters, including corporate, securities, M&A, governance, joint ventures, compliance and intellectual property. For more than a decade throughout this career, Chad has served as full-time and interim general counsel for public and private companies and a strategic in-house advisor to management teams and boards of directors.

With these critical leadership roles filled, Shoals is well positioned to continue to execute against its strategy.

About Shoals Technologies Group, Inc.

Shoals Technologies Group is a leading provider of electrical balance of systems (“EBOS”) solutions for the energy transition market. Since its founding in 1996, the Company has introduced innovative technologies and systems solutions that allow its customers to substantially increase installation efficiency and safety while improving system performance and reliability. Shoals Technologies Group is a recognized leader in the renewable energy industry. For additional information, please visit: https://www.shoals.com.

Forward-Looking Statements.

This press release contains forward-looking statements that are based on our management’s beliefs and assumptions and on information currently available to our management. Forward-looking statements include information concerning the potential contributions of the new Chief Operations Officer and the new Interim Chief Legal Officer, our possible or assumed future results of operations, business strategies, technology developments, and potential growth opportunities. Forward-looking statements include statements that are not historical facts and can be identified by terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “will,” “would” or similar expressions and the negatives of those terms.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks and uncertainties include, among others: if we fail to retain our key personnel and attract additional qualified personnel, our business strategy and prospects could suffer, and other risks and uncertainties described in the Company’s most recent Annual Report on Form 10-K and subsequent filings with the Securities and Exchange Commission. Given these uncertainties, you should not place undue reliance on forward-looking statements. Also, forward-looking statements represent our management’s beliefs and assumptions only as of the date of this press release. You should read this press release with the understanding that our actual future results may be materially different from what we expect.

Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Media Relations

Lindsey Williams, VP of Marketing
Lindsey.williams@shoals.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5027f67c-28e4-479b-9483-afbd21ed7e9d


FAQ

Who are the new executives appointed by Shoals Technologies Group (SHLS)?

Shoals Technologies Group (SHLS) has appointed Kirsten Moen as Chief Operations Officer and Chad Warpula as interim Chief Legal Officer.

What is Kirsten Moen's background and role at Shoals Technologies Group (SHLS)?

Kirsten Moen, the new Chief Operations Officer at Shoals Technologies Group (SHLS), has extensive experience in operations and manufacturing from companies like Eaton and Stanley Black & Decker. She specializes in lean manufacturing and process optimization.

What experience does Chad Warpula bring to Shoals Technologies Group (SHLS)?

Chad Warpula, appointed as interim Chief Legal Officer at Shoals Technologies Group (SHLS), is a corporate partner at Troutman Pepper with extensive experience in corporate law, securities, M&A, governance, and has served as general counsel for various companies.

How do these appointments align with Shoals Technologies Group's (SHLS) strategy?

These appointments are aimed at strengthening Shoals Technologies Group's (SHLS) executive team to drive operational excellence and better position the company to execute its strategy in the renewable energy market.

Shoals Technologies Group, Inc.

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