EnSync, Inc. Announces Executive Changes, with Effect from October 20, 2015
October 19, 2015 at 07:32 am
Share
Effective October 20, 2015, the board of directors of EnSync, Inc. appointed James F. Schott as Chief Financial Officer of the company. In his role as Chief Financial Officer, Mr. Schott will succeed Dilek Wagner, the company's Vice President of Finance, as principal financial officer. Prior to joining the company, Mr. Schott was Senior Vice President and Chief Financial Officer of Integrys Energy Group from January 2013 to June 2015.
EnSync, Inc., doing business as EnSync Energy Systems (EnSync Energy), is focused on distributed energy resource (DER) systems and Internet of energy (IOE) control platforms. EnSync Energy ensures electricity, delivered from an electrical infrastructure that prioritizes the use of all available resources, such as renewables, energy storage and the utility grid. As a project developer, EnSync Energy's distinctive engagement methodology encompasses load analysis, system design consulting, and technical and financial modeling to ensure energy systems are sized and optimized. Its direct current (DC) power control hardware, energy management software, and experience with energy storage technologies positions EnSync Energy to deliver fully integrated systems that provide for design, procurement, commissioning and ongoing operation. In addition to direct system sales, EnSync Energy includes power purchase agreements (PPAs). The Company is on the verge of initiating insolvency proceedings.