Sunworks (SUNW) Appoints Patrick C. McCullough to its Board
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Sunworks, Inc. (NASDAQ: SUNW), a provider of solar power and battery storage solutions for residential, agriculture, commercial, industrial, and public works markets, today announced the appointment of Patrick C. McCullough to the Sunworks Board of Directors. Mr. McCullough fills the seat vacated in August by Daniel Gross who stepped down to run the Climate Pledge Fund at Amazon. Mr. McCullough brings more than 24 years of C-level experience with startup and mature public companies, including Fortune 500 companies, and relevant expertise in retail energy, renewables, oil & gas, industrial equipment, building products and automotive industries.
Mr. McCullough most recently served as Chief Executive Officer, having been promoted from Chief Financial Officer, of Just Energy Group, Inc. (JE), a publicly traded energy management solutions provider with revenues of approximately $3 billion (CAD). Just Energy sold residential rooftop solar solutions among other energy management offerings. In this role, Mr. McCullough led the transformation of the company from a commoditized, push marketing business model to a customer-centric, differentiated value selling solutions provider. Previously, he served as CEO, after being promoted from CFO, of Amonix, Inc., the leading designer and manufacturer of concentrated photovoltaic (CPV) solar power systems. Before joining Amonix, McCullough served as CFO of IMI Severe Service, a $700 million-plus global leader in severe service valve and control solutions serving Fossil Power, Nuclear Power, Oil & Gas and Chemical Processing industries. Previous roles included Division CFO for two different business units of Johns Manville, a Berkshire Hathaway Company, a series of positions of increasing responsibility for Visteon, a Tier 1 automotive systems provider and the Ford Motor Company. He has a degree in Mechanical Engineering and an MBA from the University of Notre Dame.
Judith Hall, Chairperson of the Sunworks Board, commented, "Adding a proven executive with decades of relevant experience in our industry and with Fortune 500 companies significantly strengthens the Board. In particular, his recent success at driving transformational change at Just Energy will prove invaluable as we continue to scale our residential solar offering, and his deep industry connections in the CPV industry will benefit our supply chain initiatives. We welcome Patrick to the Board and look forward to benefitting from his expertise."
"The solar industry appears to be entering a period of accelerated growth, as consumer demand, improved efficiency of the solutions and the availability of affordable panels and batteries has converged to make solar an economic as well as environmental benefit for consumers and businesses," commented Mr. McCullough. "Sunworks has made significant progress in its efforts to create a platform for sustainable, scalable, profitable growth, and I look forward to contributing my expertise to help drive growth and create shareholder value."
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