Pineapple Energy Announces Appointment of Chief Operating Officer
May 30 2024 - 7:19PM
Scott Maskin, Interim CEO of Pineapple Energy Inc. (“Pineapple” or
the “Company”), has reaffirmed the Board’s commitment to having
Eric Ingvaldson continue to serve as the Company’s Chief Financial
Officer. In addition, the Board has appointed James Brennan, an
experienced executive who has served as Pineapple’s Senior Vice
President of Corporate Development since November 2022, as the
Company’s Chief Operating Officer.
"We are assembling a solid leadership team for the long-term,"
Maskin said. “These two individuals possess the highest levels of
integrity; work ethic and their skillsets are unmatched.
Ingvaldson, who has been Pineapple’s CFO since October 2022, has
extensive experience in corporate financial management,
specifically with publicly traded entities.
“Eric Ingvaldson is an outstanding CFO with extensive
experience, and we are lucky to have him on the team. Eric will
continue to guide our business with fiscal responsibility and adds
the stability necessary as we work to transition from what was to
what can be,” Maskin added.
“I am happy to do my part in helping execute on the vision for
Pineapple’s success,” Ingvaldson said. “While there is plenty of
work to be done, as a team, we are focused on setting Pineapple on
the right path going forward.”
With Brennan as COO, Maskin expressed confidence in Brennan’s
ability to streamline operations and leverage Pineapple’s internal
assets and personnel to the fullest.
“By having James Brennan take on additional corporate
responsibilities and leveraging his extensive industry specific
experience, he will raise the bar for all stakeholders, Maskin
said. Jim is laser driven to deliver best in class process, people
and results from our teams in both NY and Hawaii.
Prior to his roles with Pineapple, Brennan served as COO for
SUNation Energy, a regional solar company based on Long Island, NY
that was acquired by Pineapple in November 2022.
“Pineapple is a great organization, and I am excited to help
tackle the company’s challenges head-on,” Brennan said. “Our
seasoned leadership team is a huge asset to the organization, and I
will work each day to apply industry best practices to Pineapple’s
day-to-day operations.”
The leadership changes are effective as of May 29, 2024.
About Pineapple Energy
Pineapple 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 Energy, Hawaii Energy Connection, E-Gear,
Sungevity, and Horizon Solar Power) provide those within the
Residential and Commercial sectors an end-to-end product offering
spanning solar, battery storage, and grid services.
About SUNation Energy
SUNation Energy, a Pineapple Energy company, is the solar and
energy expert trusted by over 9,000 homeowners, businesses and
municipalities since 2003 for professionally installing the highest
quality equipment with an exceptional customer experience. With
offices in Ronkonkoma, NY and Tampa, FL, SUNation Energy offers the
complete in-house sustainable energy experience including
residential and commercial solar installation, community solar,
roofing, backup battery storage, EV charging, and more. Their
not-for-profit corporation, SUNation Cares, also provides the gift
of free electricity for life to Veterans and their families.
SUNation was recently recognized as NYSERDA Quality Solar Installer
Platinum Status in 2024, one of five solar companies in New York to
achieve platinum status and the only on Long Island.
Forward Looking
Statements
This press release includes certain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995, including statements regarding future financial
performance, future growth, and future opportunities. These
statements are based on Pineapple’s current expectations or beliefs
and are subject to uncertainty and changes in circumstances. Actual
results may vary materially from those expressed or implied by the
statements here due to changes in economic, business, competitive
or regulatory factors, and other risks and uncertainties, set forth
in Pineapple’s filings with the Securities and Exchange Commission.
The forward-looking statements in this press release speak only as
of the date of this press release. Pineapple does not undertake any
obligation to update or revise these forward-looking statements for
any reason, except as required by law.
Contacts:
Scott MaskinInterim Chief Executive Officer+1 (631)
823-7131smaskin@sunation.com
Pineapple Investor Relations+1 (952)
996-1674IR@pineappleenergy.com
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