Sunworks, Inc. announced that Philip Radmilovic has been promoted to Chief Financial Officer. Mr. Radmilovic had been the Corporate Controller since June of 2017. Paul McDonnel, who has served as CFO since September 2016, will remain engaged with the company as Treasurer.
In addition, the Board of Directors of Sunworks has named Joshua Schechter as Chairman of the Board. Mr. Schechter is a private investor who has broad experience serving on public company's board of directors. He was appointed to the Board of Sunworks in April of 2018 as an independent director.
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.