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Shoals Technologies Group Appoints Niharika Taskar Ramdev to Its Board of Directors

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Shoals Technologies Group (Nasdaq: SHLS), a leader in electrical balance of systems solutions, has appointed Niharika Taskar Ramdev to its Board of Directors and Audit Committee, effective August 9, 2024. She replaces Peter Wilver, who resigned from the Board. Ms. Ramdev brings extensive experience as a global finance leader, having held senior roles at General Motors, including CFO of Global Cadillac from 2018-2019. She currently serves on the Board of Silgan Holdings (NYSE: SLGN) and has previously served on boards of several public companies. Brad Forth, Chairman of Shoals' Board, expressed confidence that Ms. Ramdev's global experience and proven track record in strategy and operations align well with Shoals' global growth strategy.

Shoals Technologies Group (Nasdaq: SHLS), leader nelle soluzioni di bilanciamento elettrico dei sistemi, ha nominato Niharika Taskar Ramdev nel suo Consiglio di Amministrazione e nel Comitato di Revisione, a partire dal 9 agosto 2024. Sostituisce Peter Wilver, che si è dimesso dal Consiglio. La signora Ramdev porta con sé una vasta esperienza come leader finanziario globale, avendo ricoperto ruoli di alto livello presso General Motors, incluso quello di CFO di Global Cadillac dal 2018 al 2019. Attualmente, serve nel Consiglio di Silgan Holdings (NYSE: SLGN) e ha precedentemente fatto parte di vari consigli di amministrazione di aziende pubbliche. Brad Forth, Presidente del Consiglio di Shoals, ha espresso fiducia che l'esperienza globale della signora Ramdev e la sua comprovata carriera in strategia e operazioni siano in perfetta sintonia con la strategia di crescita globale di Shoals.

Shoals Technologies Group (Nasdaq: SHLS), líder en soluciones de equilibrio eléctrico de sistemas, ha nombrado a Niharika Taskar Ramdev en su Junta Directiva y Comité de Auditoría, con efecto a partir del 9 de agosto de 2024. Ella reemplaza a Peter Wilver, quien renunció a la Junta. La Sra. Ramdev aporta una amplia experiencia como líder financiero global, habiendo ocupando altos cargos en General Motors, incluido CFO de Global Cadillac de 2018 a 2019. Actualmente sirve en la Junta de Silgan Holdings (NYSE: SLGN) y ha sido miembro de varias juntas de empresas públicas. Brad Forth, presidente de la Junta de Shoals, expresó confianza en que la experiencia global de la Sra. Ramdev y su probado historial en estrategia y operaciones se alinean bien con la estrategia de crecimiento global de Shoals.

Shoals Technologies Group (Nasdaq: SHLS)는 전기 시스템 솔루션 분야의 선두주자로, Niharika Taskar Ramdev를 이사회 및 감사위원회에 임명했습니다. 임기는 2024년 8월 9일부터 시작됩니다. 그녀는 이사회를 사임한 Peter Wilver를 대신하게 됩니다. Ramdev 씨는 세계적인 재무 리더로서의 광범위한 경험을 제공하며, General Motors에서 높은 직책을 맡았고, 2018년부터 2019년까지 Global Cadillac의 CFO로 재직했습니다. 현재 그녀는 Silgan Holdings (NYSE: SLGN)의 이사로 활동하고 있으며, 여러 공개 기업의 이사회에서도 근무한 경험이 있습니다. Shoals 이사회의 의장인 Brad Forth는 Ramdev 씨의 세계적인 경험과 전략 및 운영에서의 검증된 실적이 Shoals의 글로벌 성장 전략과 잘 맞아떨어질 것이라고 확신한다고 전했습니다.

Shoals Technologies Group (Nasdaq: SHLS), un leader dans les solutions d'équilibre électrique des systèmes, a nommé Niharika Taskar Ramdev à son conseil d'administration et à son comité d'audit, à compter du 9 août 2024. Elle remplace Peter Wilver, qui a démissionné de son poste. Mme Ramdev apporte une vaste expérience en tant que leader financier mondial, ayant occupé des postes élevés chez General Motors, notamment celui de CFO de Global Cadillac de 2018 à 2019. Elle siège actuellement au conseil de Silgan Holdings (NYSE: SLGN) et a précédemment été membre de plusieurs conseils d'administration d'entreprises publiques. Brad Forth, président du conseil de Shoals, a exprimé sa confiance dans le fait que l'expérience mondiale de Mme Ramdev et son parcours éprouvé en stratégie et en opérations s'alignent parfaitement avec la stratégie de croissance mondiale de Shoals.

Shoals Technologies Group (Nasdaq: SHLS), ein führendes Unternehmen im Bereich elektrischer Systemausgleichslösungen, hat Niharika Taskar Ramdev in ihren Vorstand und Prüfungsausschuss ernannt, wirksam ab dem 9. August 2024. Sie ersetzt Peter Wilver, der aus dem Vorstand ausgeschieden ist. Frau Ramdev bringt umfangreiche Erfahrung als globale Finanzführerin mit, nachdem sie leitende Positionen bei General Motors innehatte, darunter CFO von Global Cadillac von 2018 bis 2019. Derzeit ist sie im Vorstand von Silgan Holdings (NYSE: SLGN) tätig und hat zuvor in mehreren Vorständen öffentlicher Unternehmen gedient. Brad Forth, Vorsitzender des Vorstands von Shoals, äußerte sich zuversichtlich, dass Frau Ramdevs globale Erfahrung und nachgewiesene Erfolgsbilanz in Strategie und Betrieb gut mit der globalen Wachstumsstrategie von Shoals übereinstimmen.

Positive
  • Appointment of Niharika Taskar Ramdev, an experienced global finance leader, to the Board of Directors
  • Ms. Ramdev's extensive public company board experience, including current role at Silgan Holdings
  • Alignment of new board member's expertise with Shoals' global growth strategy
Negative
  • None.

PORTLAND, Tenn., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS), a global leader in electrical balance of systems (EBOS) solutions for the energy transition market, today announced that its Board of Directors has appointed Niharika Taskar Ramdev to the Board, effective August 9, 2024. The Board also appointed Ms. Ramdev to be a member of the Audit Committee of the Board. Ms. Ramdev replaces Peter Wilver, who resigned from the Board of Directors as of August 9, 2024. Shoals thanks Mr. Wilver for his service to the Company and its stockholders.

“We are grateful to Pete for his outstanding contribution to Shoals and are excited to welcome Niharika to the Board. As a seasoned business leader with significant public company board experience, Niharika will be a great asset to Shoals,” said Brad Forth, Chairman of the Board of Shoals. “Her global experience and proven track record in strategy and operations are an ideal fit for Shoals as we continue to execute our global growth strategy. On behalf of the Shoals’ Board of Directors, we welcome Niharika and look forward to her insights and contributions to the Company.”

Ms. Ramdev has had a long career as a global finance leader, during which she held senior leadership roles at General Motors, where she most recently served as CFO of Global Cadillac from 2018-2019. Previously, Ms. Ramdev served as the CFO of GM International, in addition to positions of increasing responsibilities within GM dating back to 1996.

Ms. Ramdev currently serves as a member of the Board of Directors, the Chair of the Audit Committee, and as a member of the Compensation and Nominating Committees of Silgan Holdings, (NYSE: SLGN). She previously served as a member of the Board of Directors of several publicly-listed companies, including Kaman Corporation (NYSE: KAMN), Triton International Limited (NYSE: TRTN), Renewable Energy Group (NASDAQ: REGI), and XL Fleet (NYSE: XL) (n/k/a Spruce Power Holdings Corporation).

Ms. Ramdev holds a Bachelor of Commerce degree in Financial Accounting from University of Bombay (Mumbai), and a Master’s degree in Business Administration from Harvard Business School.

About Shoals Technologies Group, Inc.
Shoals Technologies Group, Inc. 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, Inc. is a recognized leader in the renewable energy industry whose solutions are deployed on over 62 GW of solar systems globally. For additional information, please visit: https://www.shoals.com/

Contacts

Investor Relations:

Matt Tractenberg
Email: investors@shoals.com

Media:
Email: media@shoals.com


FAQ

Who is the new Board member appointed by Shoals Technologies Group (SHLS)?

Niharika Taskar Ramdev has been appointed to the Board of Directors of Shoals Technologies Group (SHLS), effective August 9, 2024.

What is Niharika Taskar Ramdev's background before joining Shoals Technologies Group (SHLS)?

Niharika Taskar Ramdev has a long career as a global finance leader, including senior roles at General Motors where she most recently served as CFO of Global Cadillac from 2018-2019. She also has extensive public company board experience.

Which committee will Niharika Taskar Ramdev serve on at Shoals Technologies Group (SHLS)?

Niharika Taskar Ramdev has been appointed to serve as a member of the Audit Committee of the Board at Shoals Technologies Group (SHLS).

Who did Niharika Taskar Ramdev replace on the Board of Shoals Technologies Group (SHLS)?

Niharika Taskar Ramdev replaced Peter Wilver, who resigned from the Board of Directors of Shoals Technologies Group (SHLS) as of August 9, 2024.

Shoals Technologies Group, Inc.

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