Bavan Holloway Joins the Board of Directors of TPI Composites, Inc.

Rhea-AI Summary

TPI Composites, Inc. (Nasdaq: TPIC) announced the addition of Bavan Holloway to its board of directors, effective September 8, 2020. Holloway brings over 30 years of finance and audit experience, previously serving as Vice President of Corporate Audit at Boeing. TPI's Chairman, Steven Lockard, expressed confidence that Holloway's expertise will support the company’s strategy for diversified, profitable global growth. TPI is the only independent manufacturer of composite wind blades and operates globally, with facilities in the U.S., China, Mexico, Turkey, and India.

Positive

• Bavan Holloway's appointment adds over 30 years of finance and audit experience.
• Her background in complex global businesses can enhance TPI's strategic growth.

Negative

• None.

SCOTTSDALE, Ariz., Sept. 08, 2020 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (TPI) (Nasdaq: TPIC), the only independent manufacturer of composite wind blades with a global footprint, announced today that Bavan Holloway has joined its board of directors, effective September 8, 2020. Ms. Holloway also will serve on the Audit Committee of the Board. Ms. Holloway brings over 30 years of broad finance and audit experience in complex and highly regulated global business environments.

“We are excited to have Bavan join our board,” said Steven Lockard, TPI’s Chairman of the Board. “We will greatly benefit from Bavan’s deep audit and global finance experience to help support our strategy of diversified, profitable global growth.”

From August 2010 to April 2020, Ms. Holloway served as Vice President of Corporate Audit for The Boeing Company (Boeing). Ms. Holloway also served in various senior finance roles for Boeing from May 2002 to August 2010. Prior to joining Boeing, Ms. Holloway worked for KPMG, LLP as a partner and in other roles primarily serving investment services, broker dealer and financial clients. Ms. Holloway holds a B.S. degree in Administration from the University of Tulsa and a M.S. degree in Financial Markets and Trading from the Illinois Institute of Technology.   

About TPI Composites, Inc.

TPI Composites, Inc. is the only independent manufacturer of composite wind blades for the wind energy market with a global manufacturing footprint. TPI delivers high-quality, cost-effective composite solutions through long-term relationships with leading OEMs in the wind and transportation markets. TPI is headquartered in Scottsdale, Arizona and operates factories in the U.S., China, Mexico, Turkey and India. TPI operates additional engineering development centers in Denmark and Germany. 

Investor Contact:
investors@tpicomposites.com
480-315-8742

FAQ

What is the significance of Bavan Holloway joining TPI Composites' board?

Bavan Holloway's extensive finance and audit experience is expected to support TPI's strategy for diversified, profitable global growth.

When did Bavan Holloway join the board of TPI Composites?

Bavan Holloway joined the board of TPI Composites on September 8, 2020.

What roles did Bavan Holloway hold before joining TPI Composites?

Before joining TPI, Holloway was Vice President of Corporate Audit at Boeing and held senior finance roles at KPMG.

What is TPI Composites known for?

TPI Composites is recognized as the only independent manufacturer of composite wind blades for the wind energy market.