Energy Focus adds Jeff Parker and Brian Lagarto to its Board as Independent Directors

– USA, OH –  Energy Focus, Inc. (NASDAQ: EFOI), a leader in sustainable and human-centric lighting technologies and developer of a range of UV-C disinfection products, today announced the appointments of Jeff Parker and Brian Lagarto to its Board as independent non-executive directors, bringing the board to six members.

“I am excited that we have attracted two individuals who bring such fantastic industry experience to our Board,” said Interim CEO and and Lead Independent Director,  Stephen Socolof. “Jeff Parker has spent 30 years leading companies in the solid-state lighting industry and will contribute tremendously to our strategy for lighting. Brian Lagarto built a very successful company in the consumer appliance and electronics space running finance, operations, and supply chain and will be a great contributor as EFOI develops its consumer business. Additionally, his strong financial background and experience will continue to strengthen our Audit Committee.”

Mr. Parker will join the Compensation Committee while Mr. Lagarto will join the Audit and Finance Committee.

About Jeff Parker

Mr. Parker has spent nearly 30 years managing companies in the display, LED, medical and lighting markets. Since 2019, Mr. Parker has served as CEO of Luminii, LLC, an industry-leading manufacturer of architectural LED lighting systems. From 2014 to 2018, Mr. Parker was CEO at Soraa, Inc., an LED lighting company pioneering LEDs built from pure gallium nitride substrates, and served as Chairman of Soraa from 2018 to 2019. From 2010 to 2014, Mr. Parker was President of the Lighting and Display Business at Rambus following the acquisition of Global Lighting Technologies, where he was CEO from 2000 to 2010. Mr. Parker has earned over 250 granted patents covering inventions in LEDs, displays, fiber optics, medical illuminators, general lighting, micro-optics, and other optoelectronics applications. Mr. Parker has served as a board member at Kateeva, Inc., SLD Laser, and Avogy Inc. He received his B.S. in Mechanical Engineering from the University of Akron.

“Energy Focus has a reputation for innovation, and a portfolio of products that advance lighting technology for a wide range of applications, and I am excited to help the company grow and commercialize its existing novel and unique proprietary technologies,” said Jeff Parker

About Brian Lagarto

Before retiring in 2021, Mr. Lagarto spent 12 years in executive roles at SharkNinja, a global consumer product goods retail and direct to consumer/e-commerce business, principally as CFO from 2009 until 2017. He was one of the original equity partners in SharkNinja as part of the team that drove significant sales and earnings growth converting a small, infomercial driven business to a retail and commercial focused business targeting consumers via major big box and online retailers in the US, in addition to global expansion into the UK, Europe, and Asia. He also led the successful sale process of SharkNinja during 2017, resulting in a sale price of $1.6 billion. In November 2017, Mr. Lagarto became EVP Global Operations of SharkNinja, broadening his leadership experience beyond finance to focus on scaling SharkNinja’s global operations to support the continued dynamic growth of the business. In June 2019, he shifted to the Chief People & Strategy Officer of SharkNinja, primarily focusing on corporate strategy, culture, and recruitment of high-level talent.

“Energy-efficient, human-centric lighting solutions will play an important role in a variety of end-markets over the next several years, and the consumer-focused products Energy Focus has in its portfolio resonate with my experience of bringing break-out consumer products to markets around the world. I am excited to join the Board of Energy Focus to help guide the company to achieve its ambitious goals,” said Brian Lagarto.

About Energy Focus

Energy Focus is an industry-leading innovator of sustainable light-emitting diode lighting and lighting control technologies and solutions, as well as UV-C Disinfection technologies and solutions. As the creator of the first flicker-free LED lamps, Energy Focus develops high-quality LED lighting products and controls that provide extensive energy and maintenance savings, as well as aesthetics, safety, health, and sustainability benefits over conventional lighting. Our EnFocus™ lighting control platform enables existing and new buildings to provide quality, convenient and affordable, dimmable, and color-tunable, circadian, and human-centric lighting capabilities. In addition, our patent-pending UVCD technologies and products aim to provide effective, reliable, and affordable UVCD solutions for buildings, facilities, and homes. Energy Focus’ customers include U.S. and U.S. ally navies, U.S. federal, state, and local governments, healthcare, and educational institutions, as well as Fortune 500 companies. Since 2007, Energy Focus has installed approximately 900,000 lighting products across the U.S. Navy fleet, including tubular LEDs, waterline security lights, explosion-proof globes, and berth lights, saving more than five million gallons of fuel and 300,000 man-hours in lighting maintenance annually. Energy Focus is headquartered in Solon, Ohio.

For more information: https://www.energyfocus.com/

- DisclaimerNews, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.