close
close

Complete Solaria appoints Daniel Foley as chief financial officer

Complete Solaria Inc.

LEHI, Utah, June 13, 2024 (GLOBE NEWSWIRE) — Complete Solaria, Inc. (“Complete Solaria” or the “Company”) (Nasdaq: CSLR), a leading solar technology, services and installations company, today announced the appointment of Daniel Foley as Chief Financial Officer, effective July 1, 2024. Mr. Foley will report to the Chief Financial Officer General Manager of Complete Solaria, TJ Rodgers.

Rodgers said: “We needed an experienced, business-minded and technologically advanced CFO to establish a financial group based in Lehi, Utah, a suburb of Salt Lake City, in the center of Utah’s Solar Valley, which is home to 21 companies with solar energy. Dan Foley is our man. He earned an MBA from the Marshall School of Business at the University of Southern California and a BA in economics from the University of Utah. He also has the extensive financial experience we need – over 25 years of work in all key positions: financial planning and analysis, investor relations, treasury and corporate finance. He has worked in both public and private companies, and even worked as an investment analyst at Bear Stearns early in his career. Hiring Dan is a great win for us in building Complete Solaria’s future finance team.”

Mr. Foley said: “I am delighted and honored to join Complete Solaria, a company that plans to rapidly expand in the solar industry. I look forward to working with the Complete Solaria team to deliver the outstanding financial results our shareholders expect. I am also excited to work with TJ Rodgers, a pioneer in the semiconductor industry, in his efforts to bring the excellence of semiconductor companies to the solar industry – beginning with his leadership of SunPower during its initial public offering in 2005.”

Dan will assume the role of Chief Financial Officer effective July 1, 2024 and will be based in the company’s Lehi, Utah office.

About Complete Solaria
Complete Solaria is a solar energy company with unique technology and a comprehensive customer offering, including financing, project implementation and customer service. Solaria’s complete digital platform, along with the highest quality solar products, enables end-to-end clean energy needs for customers looking to transition to a more energy-efficient lifestyle. For more information, visit www.completesolaria.com and follow us on LinkedIn.

Forward-looking statements
This press release may contain certain forward-looking statements within the meaning of the federal securities laws with respect to the transactions mentioned. These forward-looking statements typically are identified by the words “anticipate”, “believe”, “continue”, “may”, “estimate”, “expect”, “intend”, “may”, “could”, “plan, ” possible”, “potential”, “anticipate”, “project”, “should”, “would” and similar expressions, the absence of these words does not mean that any statement is not a forward-looking statement. Forward-looking statements are predictions, predictions, projections and other statements regarding future events that are based on current expectations, hopes, beliefs, intentions, strategies and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements contained in this press release. The price of Complete Solaria securities may fluctuate due to many factors, including changes in the applicable competitive or regulatory environment, differences in operating results among competitors, changes in laws and regulations affecting Complete Solaria’s business and changes in the combined capital structure; the ability to implement business plans, forecasts and the evolution of markets in which Complete Solaria will compete.

Readers should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Form 10-K filed with the Securities and Exchange Commission (“SEC”) on April 1, 2024. Such filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to place undue reliance on forward-looking statements, and Complete Solaria undertakes no obligation and disclaims any intention to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

For investor inquiries, please contact:
Complete Solaria, Inc.
Mark Griffin
Phone: +1 (646)-277-1290
Complete [email protected]

Source: Complete Solaria, Inc.