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SUNation Energy Names James Brennan Chief Financial Officer

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SUNation Energy (Nasdaq: SUNE) has appointed James Brennan as Chief Financial Officer, effective March 5, 2025, while maintaining his current role as Chief Operating Officer. Brennan, who joined SUNation in 2015 and became COO in 2022, brings over 30 years of experience in M&A, finance, strategy, corporate development, sales and marketing.

A military veteran (USAF) and experienced entrepreneur, Brennan holds an MBA in Finance from NYU Stern and a B.S.E.E. from Cornell University. His prior experience includes executive positions in predictive analytics, M&A advisory, healthcare technology, and clinical software companies, with international projects across Asia and Europe.

Brennan succeeds Andrew Childs, who resigned as Interim CFO on March 3, 2025. Childs had served in the interim role since September 4, 2024. The company aims to focus on growth initiatives, particularly the consolidation of regional solar companies throughout the United States.

SUNation Energy (Nasdaq: SUNE) ha nominato James Brennan come Chief Financial Officer, con effetto dal 5 marzo 2025, mantenendo il suo attuale ruolo di Chief Operating Officer. Brennan, che è entrato in SUNation nel 2015 e è diventato COO nel 2022, porta con sé oltre 30 anni di esperienza in M&A, finanza, strategia, sviluppo aziendale, vendite e marketing.

Veterano militare (USAF) ed imprenditore esperto, Brennan possiede un MBA in Finanza dalla NYU Stern e una laurea in Ingegneria Elettrica dalla Cornell University. La sua esperienza precedente include posizioni dirigenziali in analisi predittiva, consulenza M&A, tecnologia sanitaria e aziende di software clinico, con progetti internazionali in Asia ed Europa.

Brennan succede ad Andrew Childs, che si è dimesso da CFO ad interim il 3 marzo 2025. Childs aveva ricoperto il ruolo ad interim dal 4 settembre 2024. L'azienda mira a concentrarsi su iniziative di crescita, in particolare sulla consolidazione delle aziende solari regionali negli Stati Uniti.

SUNation Energy (Nasdaq: SUNE) ha nombrado a James Brennan como Director Financiero, con efecto a partir del 5 de marzo de 2025, manteniendo su actual rol como Director de Operaciones. Brennan, quien se unió a SUNation en 2015 y se convirtió en COO en 2022, aporta más de 30 años de experiencia en fusiones y adquisiciones, finanzas, estrategia, desarrollo corporativo, ventas y marketing.

Veterano militar (USAF) y empresario experimentado, Brennan tiene un MBA en Finanzas de NYU Stern y una licenciatura en Ingeniería Eléctrica de la Universidad de Cornell. Su experiencia anterior incluye posiciones ejecutivas en análisis predictivo, asesoría en fusiones y adquisiciones, tecnología de salud y empresas de software clínico, con proyectos internacionales en Asia y Europa.

Brennan sucede a Andrew Childs, quien renunció como CFO interino el 3 de marzo de 2025. Childs había ocupado el rol interino desde el 4 de septiembre de 2024. La empresa tiene como objetivo centrarse en iniciativas de crecimiento, particularmente en la consolidación de empresas solares regionales en los Estados Unidos.

SUNation Energy (Nasdaq: SUNE)는 James Brennan을 최고 재무 책임자로 임명하며, 2025년 3월 5일부터 효력이 발생하고 현재의 최고 운영 책임자 역할도 유지합니다. Brennan은 2015년에 SUNation에 합류하여 2022년에 COO가 되었으며, M&A, 재무, 전략, 기업 개발, 판매 및 마케팅 분야에서 30년 이상의 경험을 가지고 있습니다.

미군 퇴역 군인(USAF)이며 경험이 풍부한 기업가인 Brennan은 NYU Stern에서 재무 MBA를 취득하고 Cornell University에서 전기 공학 학사 학위를 받았습니다. 그의 이전 경험에는 예측 분석, M&A 자문, 헬스케어 기술 및 임상 소프트웨어 회사에서의 경영직이 포함되며, 아시아와 유럽에서의 국제 프로젝트도 포함됩니다.

Brennan은 2025년 3월 3일에 사임한 Andrew Childs를 후임합니다. Childs는 2024년 9월 4일부터 임시 역할을 수행해 왔습니다. 회사는 미국 전역의 지역 태양광 회사 통합을 포함한 성장 이니셔티브에 집중할 계획입니다.

SUNation Energy (Nasdaq: SUNE) a nommé James Brennan au poste de Directeur Financier, à compter du 5 mars 2025, tout en maintenant son rôle actuel de Directeur des Opérations. Brennan, qui a rejoint SUNation en 2015 et est devenu COO en 2022, apporte plus de 30 ans d'expérience en fusions et acquisitions, finance, stratégie, développement d'entreprise, ventes et marketing.

Ancien militaire (USAF) et entrepreneur expérimenté, Brennan détient un MBA en finance de la NYU Stern et un B.S.E.E. de l'Université Cornell. Son expérience précédente comprend des postes de direction dans l'analyse prédictive, le conseil en fusions et acquisitions, la technologie de la santé et des entreprises de logiciels cliniques, avec des projets internationaux en Asie et en Europe.

Brennan succède à Andrew Childs, qui a démissionné en tant que CFO par intérim le 3 mars 2025. Childs avait occupé ce rôle intérimaire depuis le 4 septembre 2024. L'entreprise vise à se concentrer sur des initiatives de croissance, en particulier la consolidation des entreprises solaires régionales aux États-Unis.

SUNation Energy (Nasdaq: SUNE) hat James Brennan zum Chief Financial Officer ernannt, der am 5. März 2025 in Kraft tritt, während er seine derzeitige Rolle als Chief Operating Officer beibehält. Brennan, der 2015 zu SUNation kam und 2022 COO wurde, bringt über 30 Jahre Erfahrung in M&A, Finanzen, Strategie, Unternehmensentwicklung, Vertrieb und Marketing mit.

Als Militärveteran (USAF) und erfahrener Unternehmer hat Brennan einen MBA in Finanzen von der NYU Stern und einen B.S.E.E. von der Cornell University. Zu seinen bisherigen Erfahrungen gehören Führungspositionen in der prädiktiven Analytik, M&A-Beratung, Gesundheitstechnologie und klinischen Softwareunternehmen, mit internationalen Projekten in Asien und Europa.

Brennan folgt auf Andrew Childs, der am 3. März 2025 als Interim CFO zurückgetreten ist. Childs hatte die interimistische Rolle seit dem 4. September 2024 inne. Das Unternehmen plant, sich auf Wachstumsinitiativen zu konzentrieren, insbesondere auf die Konsolidierung regionaler Solarunternehmen in den Vereinigten Staaten.

Positive
  • Strategic alignment of financial and operational leadership under single executive
  • Appointment of experienced internal candidate with 10+ years company knowledge
  • Strong supporting financial team structure with Chief Accounting Officer and Corporate Controller
Negative
  • Departure of Interim CFO after only 6 months in position
  • Multiple leadership changes in finance department within short timeframe

RONKONKOMA, N.Y., March 10, 2025 (GLOBE NEWSWIRE) -- SUNation Energy, Inc. (Nasdaq: SUNE), a leading provider of sustainable solar energy and backup power solutions for households, businesses, and municipalities, today announced that Chief Operating Officer James Brennan has assumed the title and additional responsibilities of Chief Financial Officer, effective March 5, 2025.

Mr. Brennan, who joined SUNation in 2015 and was appointed Chief Operating Officer in 2022, brings more than 30 years of domestic and international experience in M&A, finance, strategy, corporate development, sales and marketing to his new role.

“Jim has been a trusted advisor, key partner, and stabilizing force within SUNation for more than 10 years, and I am honored and excited that he has agreed to assume this expanded role at a critical time in our growth and evolution,” said Scott Maskin, Chief Executive Officer. “I am confident that Jim’s unique skill set will create a strategic alignment between our financial strategies and operational goals, all in support of the Company’s broader growth initiatives of rolling up regionally strong solar companies throughout the United States. Importantly, his knowledge of our business, people and processes will help ensure a seamless transition of responsibilities.”

A seasoned executive, military veteran (USAF), and experienced entrepreneur, Mr. Brennan has founded, managed, and grown businesses across industries and around the world. Prior to joining SUNation, Mr. Brennan held executive roles at a predictive analytics company, an M&A advisory firm, a mobile and wireless healthcare technology solutions company, and multiple clinical software and device companies.

Mr. Brennan’s international experience includes projects in Japan, Singapore, India, England, Germany, Austria, France and Poland.   

He earned an MBA (Finance) from New York University Stern School of Business and a Bachelor of Science in Electrical Engineering (B.S.E.E.) from Cornell University. 

“I have worked closely with Scott and our executive team for over a decade and appreciate their continued confidence. I am also grateful to be assuming this new role with the support of a strong team of financial professionals including Kristin Hlavka, Chief Accounting Officer, and Mitch Sommer, Corporate Controller. Working together, I am convinced in our ability to unlock the full potential of this amazing and well-respected organization.”

Mr. Brennan succeeds Andrew Childs, who resigned on March 3, 2025 from his position as Interim Chief Financial Officer to pursue other business interests. Mr. Childs had served as Interim CFO since September 4, 2024.

“We appreciate Andy’s service to SUNation and wish him all the best in his future endeavors,” said Mr. Maskin.

About SUNation Energy, Inc.

SUNation Energy, Inc. 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, Hawaii Energy Connection, E-Gear) provide homeowners and businesses of all sizes with an end-to-end product offering spanning solar, battery storage, and grid services. SUNation Energy, Inc.’s largest markets include New York, Florida, and Hawaii, and the company operates in three (3) states.

Forward Looking Statements 

This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Company’s current expectations or beliefs and are subject to uncertainty and changes in circumstances. While the Company believes its plans, intentions, and expectations reflected in those forward-looking statements are reasonable, these plans, intentions, or expectations may not be achieved. For information about the factors that could cause such differences, please refer to the Company’s filings with the Securities and Exchange Commission, including, without limitation, the statements made under the heading “Risk Factors” in the Company's Annual Report on Form 10-K for the year ended December 31, 2023 and in subsequent filings. The Company does not undertake any obligation to update or revise these forward-looking statements for any reason, except as required by law.

Safe Harbor Statement

Our prospects here at SUNation Energy Inc. are subject to uncertainties and risks. This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. The Company intends that such forward-looking statements be subject to the safe harbor provided by the foregoing Sections. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this presentation. The Company cannot predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. The reader should consider statements that include the words "believes", "expects", "anticipates", "intends", "estimates", "plans", "projects", "should", or other expressions that are predictions of or indicate future events or trends, to be uncertain and forward-looking. We caution readers not to place undue reliance upon any such forward-looking statements. The Company does not undertake to publicly update or revise forward-looking statements, whether because of new information, future events or otherwise. Additional information respecting factors that could materially affect the Company and its operations are contained in the Company's filings with the SEC which can be found on the SEC's website at www.sec.gov.

Contacts:
Scott Maskin
Chief Executive Officer
+1 (631) 823-7131
smaskin@sunation.com

SUNation Energy Investor Relations
+1 (212) 836-9600
IR@sunation.com

FAQ

When did James Brennan become CFO of SUNation Energy (SUNE)?

James Brennan assumed the role of CFO at SUNation Energy on March 5, 2025, while maintaining his position as COO.

What are SUNation Energy's (SUNE) current growth initiatives?

SUNation Energy is focusing on rolling up regionally strong solar companies throughout the United States as part of their growth strategy.

Who did James Brennan replace as CFO at SUNation Energy (SUNE)?

Brennan replaced Andrew Childs, who resigned as Interim CFO on March 3, 2025, after serving since September 4, 2024.

What is James Brennan's background and experience at SUNation Energy (SUNE)?

Brennan joined SUNation in 2015, became COO in 2022, and has over 30 years of experience in M&A, finance, strategy, and corporate development. He holds an MBA from NYU Stern and a B.S.E.E. from Cornell.
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