New CEO To Lead FTC Solar Of US

FTC Solar’s CEO Tony Etnyre To Move Out; To Be Replaced By Western Digital Corporation’s Sean Hunkler, An Ex-SunEdison Senior Executive
02:12 PM (Beijing Time) - 15. September 2021
Presentation1

Key Takeaways

  • FTC Solar has announced Sean Hunkler as its new CEO who will replace outgoing CEO Tony Etnyre
  • Hunkler will join the company from Western Digital Corporation and has previously worked with SunEdison
  • Etnyre will continue to support the company on strategic matters and business development through a transition period

US based solar tracker systems and software services provider FTC Solar, Inc. has announced a CEO transition for the company with current incumbent Tony Etnyre stepping down, also as the member of the Board of Directors.

Etnyre will continue on board to advice the company on strategic matters and business development through a transition period reaching into 2022.

Etnyre will be replaced by the Executive Vice President (EVP) of Global Operations Sean Hunkler with effect from September 24, 2021. “The selection of Sean Hunkler to succeed Tony as CEO results from his extensive experience and demonstrated track record of driving growth and operational excellence across all aspects of global operations for industry leading companies,” said Chairman of the FTC Solar Board of Directors T.J. Rodgers.

Before Western Digital Corporation, Hunkler worked with NXP Semiconductors as its EVP for global operations, followed by as CEO of its spin-off company Nexperia. He also held senior leadership roles in SunEdison, MEMC Electronic Materials, Freescale Semiconductor and Motorola.

Recently, FTC Solar reported its Q2/2021 financials and its annual revenues suffered the impact of lower product volume. Management said it will take meaningful actions to mitigate impact of global logistical and elevated cost challenges (see FTC Solar’s Q2/2021 Net Loss Widens).

To learn more about solar trackers and FTC, check our TaiyangNews Market Survey on Solar Trackers 2021, which provides an overview on players, technology, and products – and is for free download here.

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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Anu Bhambhani