Sunlight Financial Announces New Chief Financial Officer
March 29 2022 - 3:35PM
Business Wire
–Rodney Yoder to succeed Barry Edinburg, who
will remain with Sunlight in an advisory role–
Sunlight Financial Holdings Inc. (“Sunlight Financial”,
"Sunlight" or the “Company”) (NYSE: SUNL), a premier,
technology-enabled point-of-sale financing company, today announced
that Rodney Yoder has been appointed Chief Financial Officer
(“CFO”), effective April 1, 2022. He succeeds current CFO Barry
Edinburg, who will remain at the company as an advisor to ensure a
smooth transition.
“Rodney is a seasoned finance executive with a superior track
record of delivering results and accelerating growth, and I am
delighted to welcome him to the team,” said Sunlight Financial
Chief Executive Officer Matt Potere. “With his extensive consumer
credit experience, financial acumen, and strategic decision-making
skills, Rodney is well-positioned to support the next phase of the
Company’s development and deliver value for all stakeholders.”
Mr. Yoder joins Sunlight with over 25 years of experience in
financial planning, treasury, and consumer credit. Most recently,
Mr. Yoder led Financial Analysis and Corporate Strategy at
Barclaycard, where he developed expertise in global payments,
private banking, and credit, while managing forecasting, risk
management, and innovation strategies. Prior to Barclaycard, Mr.
Yoder served as Treasurer for Swift Financial for several years.
Mr. Yoder started his career at MBNA America, which was acquired by
Bank of America, where he spent 16 years in a variety of roles,
including treasury and financial planning for consumer credit
cards, and served as Divisional CFO for Merchant Acquiring,
overseeing merchant services, practice solutions, and card
operations.
“I am thrilled to be joining Sunlight Financial to help the firm
continue executing on its strategic plan,” said Mr. Yoder. “I
admire how the Company has demonstrated growth and operational
excellence while staying true to its core values and am honored to
have the opportunity to drive increased value for Sunlight’s
homeowners, contractors, capital providers, teammates, and
shareholders.”
Barry Edinburg to Step Down from CFO Role
After serving as CFO for the last six years, Mr. Edinburg has
decided to step down and has agreed to serve in an advisory
capacity for six months to facilitate a successful transition of
his roles and responsibilities to Mr. Yoder. In addition to taking
Sunlight Financial public in 2021, Mr. Edinburg raised several
rounds of capital for Sunlight as a private company, built out the
Company’s financial operations from scratch, including forming
partnerships with more than nine capital providers, and was
instrumental in developing the capital-light, cash-generating
financing model that drives success for the company today.
“Barry has added tremendous value during his tenure at Sunlight
Financial as a respected leader, mentor, and colleague,” said
Potere. “On behalf of the board of directors and all Sunlight
teammates, I thank Barry for his exceptional contributions; we are
grateful for the integral role he played in the growth and
development of Sunlight Financial.”
About Sunlight Financial
Sunlight (NYSE: SUNL) is a premier, technology-enabled
point-of-sale finance company. Sunlight partners with contractors
nationwide to provide homeowners with financing for the
installation of residential solar systems and other home
improvements. Sunlight’s best-in-class technology and deep credit
expertise simplify and streamline consumer finance, ensuring a fast
and frictionless process for both contractors and homeowners. For
more information, visit www.sunlightfinancial.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220329005983/en/
Investor Relations Garrett Edson, ICR
investors@sunlightfinancial.com 888.315.0822
Public Relations Doug Donsky / Brian Ruby, ICR
media@sunlightfinancial.com 646.677.1844
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