iSun, Inc. Announces Restructuring of Executive Team
22 Avril 2024 - 11:05PM
Business Wire
iSun, Inc. (NASDAQ: ISUN) (the "Company," or "iSun"), a leading
solar energy and clean mobility infrastructure company with
50-years of experience accelerating the adoption of innovative
electrical technologies, is proud to announce a strategic
restructuring of its executive team aimed at driving innovation,
enhancing operational efficiency, and ensuring sustained
performance in a rapidly evolving market landscape.
Effective immediately, Jeff Peck is appointed as Chief Executive
Officer of iSun, Inc. Additionally, Rob Vanderbeek is appointed as
the Interim Chief Financial Officer of iSun, Inc.
Mr. Zulkoski, who has been a valuable member of the management
team, will relinquish his role as CEO. Since Mr. Zulkoski’s
appointment, Jeff has played an integral role in supporting the
restructuring efforts and has developed a strong working
relationship. His deep understanding of our business and commitment
to iSun’s vision make him the ideal candidate to lead iSun into its
next phase.
“I’m excited to step back into the role of CEO and continue the
remarkable journey that Bob has paved for us. Together with our
dedicated team, I am committed to driving our company forward,
embracing new opportunities, and delivering value to our customers
and stakeholders. Our focus remains on innovation, growth, and
ensuring that iSun remains a leader in our industry,” said Jeff
Peck.
iSun is pleased to welcome Mr. Vanderbeek to the executive team
during this critical period of restructuring and growth. His
extensive experience in operational and financial challenges will
be invaluable as iSun continues to navigate market dynamics and
pursue strategic opportunities.
Rob Vanderbeek brings more than 30 years of restructuring,
performance improvement, and corporate finance expertise to iSun.
As a partner at Novo Advisors, LLC, he has a deep understanding of
various industries, including healthcare, renewable energy,
financial services, transportation, manufacturing, real estate, and
more. Mr. Vanderbeek has led numerous companies through
restructuring and sales processes.
With these changes, iSun reaffirms its commitment to excellence
and innovation. We are confident that our restructured executive
team will effectively steer the company towards continued success
for our customers, shareholders, and employees.
About iSun, Inc. Since 1972,
iSun has accelerated the adoption of innovations in energy
transition and electrification technology. iSun has been the
trusted service provider to Fortune 500 companies for decades and
has installed clean rooms, fiber optic cables, flight simulators,
and over 600 megawatts of solar systems. The Company currently
provides a comprehensive suite of solar services across
residential, commercial, industrial & municipal, and utility
scale projects and provides solar electric vehicle charging
solutions for both grid-tied and battery backed solar EV charging
systems. iSun believes that the transition to clean, renewable
solar energy is the most important investment to make today and is
focused on profitable growth opportunities. Please visit
www.isunenergy.com for additional information.
Forward Looking Statements
This press release includes forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934, which are made pursuant
to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995, as amended. Words or phrases such as "may,"
"should," "expects," "could," "intends," "plans," "anticipates,"
"estimates," "believes," "forecasts," "predicts" or other similar
expressions are intended to identify forward-looking statements,
which include, without limitation, earnings forecasts, effective
tax rate, statements relating to our business strategy and
statements of expectations, beliefs, future plans and strategies
and anticipated developments concerning our industry, business,
operations and financial performance and condition.
The forward-looking statements included in this press release
are based on our current expectations, projections, estimates and
assumptions. These statements are only predictions, not guarantees.
Such forward-looking statements are subject to numerous risks and
uncertainties that are difficult to predict. These risks and
uncertainties may cause actual results to differ materially from
what is forecast in such forward-looking statements, and include,
without limitation, the risk factors described from time to time in
our filings with the Securities and Exchange Commission, including
our Annual Report on Form 10-K.
All forward-looking statements included in this press release
are based on information currently available to us, and we assume
no obligation to update any forward-looking statement except as may
be required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20240422098742/en/
IR Contact: IR@isunenergy.com
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