ARRAY Technologies Names H. Keith Jennings as Chief Financial Officer
03 Dezembro 2024 - 11:00AM
ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a
leading provider of tracker solutions and services for
utility-scale solar energy projects, has named H. Keith Jennings as
its chief financial officer, effective January 6, 2025. Jennings
will report directly to ARRAY’s Chief Executive Officer, Kevin G.
Hostetler.
With a career spanning over three decades across multiple
industries, Jennings brings extensive expertise in corporate
finance, risk management, investor relations, and strategic growth
initiatives. He has a proven track record of driving mergers and
acquisitions, optimizing capital structures, and building
end-to-end business ecosystems, positioning him as a vital addition
to ARRAY’s executive leadership team. Jennings also brings valuable
governance experience, currently serving as a non-executive
director and audit chair for Noble Corporation (NYSE: NE) since
2023 and 5E Advanced Materials (Nasdaq: FEAM) since 2022.
“Keith’s extensive experience in transforming organizations and
driving financial strategy is well aligned with ARRAY’s growth
objectives,” said Hostetler. “His ability to enhance operational
efficiency, optimize capital investments, and lead strategic
initiatives will be pivotal as we expand ARRAY’s global footprint
and reinforce our leadership in renewable energy innovation.”
As CFO, Jennings will oversee ARRAY’s financial strategy and
operations while also playing a critical role in shaping its
commercial strategy and exploring new market opportunities.
“I am thrilled to join ARRAY at such an exciting time for the
company and the renewable energy sector,” said Jennings. “I look
forward to working with the leadership team to drive strategic
growth, enhance financial performance, and expand ARRAY’s impact on
the global transition to sustainable energy.”
Most recently, from 2020 to 2022, Jennings served as executive
vice president and chief financial officer at Weatherford
International, where he played a key role in the company’s
post-bankruptcy transformation. At Weatherford, Jennings led the
Finance, IT, and Corporate Strategy functions, successfully
restructuring the company’s debt, and facilitating its up-listing
to the Nasdaq exchange. Prior to Weatherford International, he also
served at Calumet Specialty Products Partners, Eastman Chemical
Co., and Cameron International Corporation.
Jennings has a Master of Business Administration from Columbia
University, and a Bachelor of Commerce from the University of
Toronto.
About ARRAYARRAY Technologies (NASDAQ: ARRY) is
a leading global renewable energy company and provider of
utility-scale solar tracking technology. Engineered to withstand
the harshest conditions on the planet, ARRAY’s high-quality solar
trackers and sophisticated software maximize energy production,
accelerating the adoption of cost-effective and sustainable energy.
Founded and headquartered in the United States, ARRAY relies on its
diversified global supply chain and customer-centric approach to
deliver, commission, and support solar energy developments around
the world, lighting the way to a brighter, smarter future for clean
energy. For more news and information on ARRAY, please visit
arraytechinc.com.
Forward Looking StatementsThis press release
contains forward-looking statements. These statements are not
historical facts but rather are based on the Company’s current
expectations and projections regarding its business, operations and
other factors relating thereto. Words such as “may,” “will,”
“could,” “would,” “should,” “anticipate,” “predict,” “potential,”
“continue,” “expects,” “intends,” “plans,” “projects,” “believes,”
“estimates” and similar expressions are used to identify these
forward-looking statements. These statements are only predictions
and as such are not guarantees of future performance and involve
risks, uncertainties and assumptions that are difficult to predict.
Actual results may differ materially from those in the
forward-looking statements as a result of a number of factors.
Forward-looking statements should be evaluated together with the
risks and uncertainties that affect our business and operations,
particularly those described in more detail in the Company’s most
recent Annual Report on Form 10-K and other documents on file with
the SEC, each of which can be found on our website
www.arraytechinc.com. Except as required by law, we assume no
obligation to update these forward-looking statements, or to update
the reasons actual results could differ materially from those
anticipated in these forward-looking statements, even if new
information becomes available in the future.
Media Contact: ARRAYNicole
Stewart505.589.8257nicole.stewart@arraytechinc.comInvestor
Relations ContactArray Technologies, Inc.Investor
Relationsinvestors@arraytechinc.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/72e8a1b3-bbd6-40ee-97f7-e7ca04d46eea
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