{"id":724917,"date":"2023-01-23T08:03:17","date_gmt":"2023-01-23T13:03:17","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ftc-solar-announces-board-transition\/"},"modified":"2023-01-23T08:03:17","modified_gmt":"2023-01-23T13:03:17","slug":"ftc-solar-announces-board-transition","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ftc-solar-announces-board-transition\/","title":{"rendered":"FTC Solar Announces Board Transition"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">\n        <em>T.J. Rodgers to step down from Board after 5 years<br \/><\/em><br \/>\n        <em>Shaker Sadasivam named Chairman of the Board<br \/><\/em><br \/>\n        <em>Tamara Mullings to join the Board<\/em>\n      <\/p>\n<p>AUSTIN, Texas, Jan.  23, 2023  (GLOBE NEWSWIRE) &#8212; FTC Solar, Inc. (Nasdaq: FTCI), a leading global provider of solar tracker systems, software, and engineering services, today announced that Thurman John \u201cT.J.\u201d Rodgers, Chairman of the Board of Directors of FTC Solar, has informed the Board that he is stepping down after five years in the role. He will remain a shareholder and continue to be available as an independent advisor. Shaker Sadasivam, an FTC Solar director since 2017, will succeed Rodgers as Chairman.<\/p>\n<p>Mr. Rodgers is a founding investor in FTC Solar and has served as Chairman since the company\u2019s inception in 2017. A recognized icon among silicon valley leaders, Rodgers notably founded and led Cypress semiconductor over a successful 34 year run, in addition to notable board leadership roles at SunPower and Enphase Energy. Amongst a number of other initiatives, Rodgers currently serves on four boards, including as Chairman of Enovix.<\/p>\n<p>\u201cOn behalf of our Board and FTC\u2019s management team, we thank T.J. for his service and longstanding commitment to the Company,\u201d stated\u00a0Sean Hunkler, President, and Chief Executive Officer of FTC Solar. \u201cWe greatly appreciate the leadership, insight, and expertise that T.J. has provided since the company\u2019s inception.\u201d<\/p>\n<p>Mr. Rodgers\u00a0stated, \u201cIt has been a pleasure to work with\u00a0Sean Hunkler\u00a0and the Board over the past 5 years as both a founding investor and Board Chairman. Sean and his team have built an incredible company that I believe is well-positioned for long-term growth. As the company moves forward, FTC\u2019s management team needs and deserves full availability from its Board Chairman which, given recent increases in my commitments, I simply don\u2019t have time to provide.\u201d Mr. Rodgers\u00a0went on to say, \u201cI want to thank my fellow directors and wish the Company nothing but success.\u201d<\/p>\n<p>The FTC Solar Board of Directors announced that it has elected Shaker Sadasivam as Chairman effective January 19, 2023.<\/p>\n<p>\u201cShaker Sadasivam is an incredibly well-respected leader who, along with T.J. was the first investor in FTC Solar,\u201d Mr. Hunkler said. Over the past five years, he has helped the company grow from concept to an industry leader, while navigating through a time of significant market disruption. He is uniquely positioned to chair the FTC Board during this period of change and significant opportunity.\u201d<\/p>\n<p>In addition to the transition at Chairman, the company has announced the appointment of Tamara Mullings, previously an FTC Solar Board observer, as a new director, effective January 19, 2023.<\/p>\n<p>\u201cWe are delighted to welcome Tamara Mullings to our Board of Directors,\u201d Hunkler continued. \u201cTamara has made significant contributions to the FTC Board and the company as a Board Observer over the past roughly two years, and I\u2019m pleased to see her now transition to full member.\u201d<\/p>\n<p>Mrs. Mullings brings to FTC Solar broad experience across energy and technology. Prior to becoming a Board Observer at FTC Solar, she served as Assistant Vice President of Global Technology Services at MetLife from 2017-2021. Earlier in her career, she served as Chief of Staff for SunEdison and Head of E-Commerce for True Glory Brands, as well as strategy and program management roles with Southern California Edison and IBM. Mrs. Mullings received her MBA from Stanford University and a chemical engineering degree from Princeton University.<\/p>\n<p>\n        <strong>About FTC Solar Inc.<\/strong><br \/>\n        <br \/>Founded in 2017 by a group of renewable energy industry veterans, FTC Solar is a\u202fleading provider of solar tracker systems, technology, software, and engineering services. Solar trackers significantly increase energy production at solar power installations by dynamically optimizing solar panel orientation to the sun.\u202fFTC Solar\u2019s innovative tracker designs provide compelling performance and reliability, with an industry-leading installation cost-per-watt advantage.<\/p>\n<p>\n        <strong>FTC Solar Investor Contact:<\/strong><br \/>\n        <br \/>Bill Michalek <br \/>Vice President, Investor Relations <br \/>FTC Solar<br \/>T: (737) 241-8618 <br \/>E: IR@FTCSolar.com<\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODczNDA1NSM1MzY3NjQzIzIyMDY1NDA=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/NmVjYTRjNzQtYTFlOC00MjM4LTljYzEtOGQ2MTZlZDk3Mzc1LTEyMTgwOTM=\/tiny\/FTC-Solar-Inc.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>T.J. Rodgers to step down from Board after 5 years Shaker Sadasivam named Chairman of the Board Tamara Mullings to join the Board AUSTIN, Texas, Jan. 23, 2023 (GLOBE NEWSWIRE) &#8212; FTC Solar, Inc. (Nasdaq: FTCI), a leading global provider of solar tracker systems, software, and engineering services, today announced that Thurman John \u201cT.J.\u201d Rodgers, Chairman of the Board of Directors of FTC Solar, has informed the Board that he is stepping down after five years in the role. He will remain a shareholder and continue to be available as an independent advisor. Shaker Sadasivam, an FTC Solar director since 2017, will succeed Rodgers as Chairman. Mr. Rodgers is a founding investor in FTC Solar and has served as Chairman &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ftc-solar-announces-board-transition\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;FTC Solar Announces Board Transition&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-724917","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FTC Solar Announces Board Transition - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ftc-solar-announces-board-transition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FTC Solar Announces Board Transition - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"T.J. Rodgers to step down from Board after 5 years Shaker Sadasivam named Chairman of the Board Tamara Mullings to join the Board AUSTIN, Texas, Jan. 23, 2023 (GLOBE NEWSWIRE) &#8212; FTC Solar, Inc. (Nasdaq: FTCI), a leading global provider of solar tracker systems, software, and engineering services, today announced that Thurman John \u201cT.J.\u201d Rodgers, Chairman of the Board of Directors of FTC Solar, has informed the Board that he is stepping down after five years in the role. He will remain a shareholder and continue to be available as an independent advisor. Shaker Sadasivam, an FTC Solar director since 2017, will succeed Rodgers as Chairman. Mr. Rodgers is a founding investor in FTC Solar and has served as Chairman &hellip; Continue reading &quot;FTC Solar Announces Board Transition&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/ftc-solar-announces-board-transition\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-23T13:03:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODczNDA1NSM1MzY3NjQzIzIyMDY1NDA=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ftc-solar-announces-board-transition\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ftc-solar-announces-board-transition\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"FTC Solar Announces Board Transition\",\"datePublished\":\"2023-01-23T13:03:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ftc-solar-announces-board-transition\\\/\"},\"wordCount\":652,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ftc-solar-announces-board-transition\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODczNDA1NSM1MzY3NjQzIzIyMDY1NDA=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ftc-solar-announces-board-transition\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ftc-solar-announces-board-transition\\\/\",\"name\":\"FTC Solar Announces Board Transition - 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Rodgers to step down from Board after 5 years Shaker Sadasivam named Chairman of the Board Tamara Mullings to join the Board AUSTIN, Texas, Jan. 23, 2023 (GLOBE NEWSWIRE) &#8212; FTC Solar, Inc. (Nasdaq: FTCI), a leading global provider of solar tracker systems, software, and engineering services, today announced that Thurman John \u201cT.J.\u201d Rodgers, Chairman of the Board of Directors of FTC Solar, has informed the Board that he is stepping down after five years in the role. He will remain a shareholder and continue to be available as an independent advisor. Shaker Sadasivam, an FTC Solar director since 2017, will succeed Rodgers as Chairman. 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