US Tracker Maker Announces Senior Level Leadership Appointments

• FTC Solar has announced new senior leadership appointments to align with its global expansion strategy 
• Serving as its CCO till date, Patrick Cook has been designated as the SVP for Capital Markets and Business Development  
• Former STI Norland CEO Alberto Echeverria will look after international sales as the SVP  
• Tamara Mullings has resigned from FTC board to take on the role of SVP North American Sales  

US-headquartered solar tracker systems supplier FTC Solar has undertaken new leadership appointments saying that an expanded sales leadership team is aimed at supporting global sales and strategic growth.  

FTC's current resource and Chief Commercial Officer (CCO) since April 2022, Patrick Cook is now the company's senior vice president (SVP), Capital Markets and Business Development. Cook has been working with FTC in various roles for several years. 

In July 2019, Cook was appointed as FTC's chief financial officer (CFO). In April 2022, he switched over to the role of CCO. He also worked with brands such as SunEdison before joining FTC. 

The former CEO and Executive Member of the Board of STI Norland, Alberto Echeverria has come on board as the SVP, International Sales at FTC. STI Norland was acquired by US tracker company Array Technologies. He moves to FTC from another US tracker company Nextracker, where he worked as a sales director of Europe and International.  

Another new appointment at FTC is that of Tamara Mullings as the SVP, North American Sales. Following this, she has resigned from her position on FTC's Board of Directors where she has been serving as a member since January 2023. 

"Alberto, an experienced leader in our industry with a strong track record of execution, will lead the positioning and growth of our business in the European and international markets. Tamara will help us build stronger relationships with our North American customers and enable the accelerated expansion of our sales in our largest market," said FTC's Chairman of the Board Shaker Sadasivam. "And we will look forward to leveraging Patrick's experiences across both the finance and commercial parts of the business to lead our capital markets and strategic business development efforts." 

FTC announced a leadership transition in November 2023 with the departure of CEO Sean Hunkler and CFO Phelps Morris. Sadasivam back then said the company was getting ready to bring in new leadership. 

Recently, FTC released its Q1/2024 financial results that shows a revenue decline and GAAP gross loss of -$2.1 million (see US Solar Tracker Maker Meets Q1/2024 Revenue Guidance).