– USA, NM – Array Technologies (NASDAQ: ARRY), a leading provider of tracker solutions and services for the utility-scale solar energy industry, today announced the appointment of Kevin Hostetler to its Board of Directors as CEO, effective April 18, 2022, succeeding Jim Fusaro who will retire by the end of the year.
“We are excited to welcome Kevin as CEO to lead Array through its next phase of growth. Over the past few years, the Array team, led by Jim Fusaro, built a strong foundation which doubled the size of our business. As we look toward the future under Kevin’s leadership, Array will focus on executing on our long-term strategic initiatives and integrating the STI Norland business. Given his immense experience in senior leadership roles, we are confident Kevin can lead Array to growth and operational excellence for the foreseeable future,” said Board Chairman, Brad Forth.
About Kevin Hostetler
Kevin Hostetler brings a track record of leadership excellence, having transformed multiple engineered products and services companies throughout his career. For the last four years, Mr. Hostetler served as CEO at Rotork, an FTSE 250 company, where he led the company’s Growth Acceleration Program which drove improved margins, capital efficiency, and commercial excellence.
“Array Technologies is a company that I have admired for some time now,” said Kevin Hostetler. “Array is a great intersection of my deep experience in engineered products and actuation and my passion for the environment. Array’s innovative products are key to important constituents across the solar industry. As rapid expansion and increased demand for utility-scale solar has taken place, Array has truly made a difference by helping its customers optimally harness the power of the sun. I look forward to working with our talented teams around the world to bring us closer to the future of solar and helping our planet decarbonize along the way.”
Before joining Rotork in 2018, Mr. Hostetler served as CEO of FDH Infrastructure Services, leading the engineering and construction services provider through a series of acquisitions to support the improvement of aging critical infrastructures, such as bridges, dams, and transmission towers. He was Executive Advisor to Wind Point Partners, a private equity firm focused on growth capital investments and leveraged buyouts in middle-market companies. He held ascending leadership roles over seven years at IDEX Corporation, where he served as an officer of the company and the Group President of the Fluid and Metering Technologies Segment and IDEX Asia, which includes operating platforms in energy, water, chemical, food, and agriculture. Mr. Hostetler also spent seven years at Ingersoll Rand in progressive P&L leadership and business development roles within the Industrial Technologies Segment.
About Array Technologies, Inc.
Array Technologies is a leading American company and global provider of utility-scale solar tracker technology. Engineered to withstand the harshest conditions on the planet, Array’s high-quality solar trackers and sophisticated software maximize energy production, accelerating the adoption of cost-effective and sustainable energy. Founded and headquartered in the United States, Array relies on its diversified global supply chain and customer-centric approach to deliver, commission, and support solar energy developments around the world, lighting the way to a brighter, smarter future for clean energy.
For more information: https://arraytechinc.com/
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