On August 10, 2020, Sunworks, Inc. announced that Charles Cargile, Chairman of the Company’s Board of Directors and Chief Executive Officer, will resign his position of Chief Executive Officer of the Company, effective August 21, 2020. He will remain as Chairman of the Board. The Company also announced that Steven Chan, age 52, has been appointed by the Board as the Company’s interim Chief Executive Officer, effective August 10, 2020 pursuant to an agreement with ETONIEN. Prior to joining the Company, Mr. Chan served as Chief Executive Officer of Sungrow USA Corporation, from 2016 to 2018. From 2014 to 2015, Mr. Chan served as President and Chief Executive Officer and director of Andalay Solar Energy, Inc. Prior to joining Andalay, Mr. Chan served as the Vice President of NRG Energy, Inc. (NYSE: NRG) (“NRG Energy”), an independent power producer, from May 2012 to November 2013 serving as President of its NRG Home Solar business, which focuses on residential solar financing and installation.
Sunworks, Inc. provides photovoltaic (PV) and battery-based power and storage systems for residential and commercial markets. The Company's commercial projects include commercial, agricultural, industrial, and public works projects. It operates through three segments: Residential Solar, Commercial Solar Energy, and Corporate. Residential Solar segment designs, arrange finances, integrates, installs, and manages systems, primarily for residential homeowners. The Commercial Solar Energy segment designs, arrange finances, integrates, installs, and manages systems ranging in size from 50kW (kilowatt) to multi-MW (megawatt) systems primarily for larger commercial and public works projects. Its commercial installations include installations at office buildings, manufacturing plants, warehouses, service stations, churches, and agricultural facilities such as farms, wineries, and dairies. Its public works installations include school districts, federal facilities and local municipalities.
SUNWORKS, INC. 
