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Pineapple Energy Inc. – ‘8-K’ for 9/16/22 – ‘EX-99.1’

On:  Thursday, 9/22/22, at 4:05pm ET   ·   For:  9/16/22   ·   Accession #:  897101-22-831   ·   File #:  1-31588

Previous ‘8-K’:  ‘8-K’ on 8/15/22 for 8/11/22   ·   Next:  ‘8-K’ on / for 10/3/22   ·   Latest:  ‘8-K’ on 4/22/24 for 4/19/24   ·   8 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 9/22/22  Pineapple Energy Inc.             8-K:5,7,9   9/16/22   12:246K                                   American Fin’l P… Inc/FA

Current Report   —   Form 8-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         8-K Dated September 16, 2022                        HTML     37K 
 2: EX-10.1     Offer Letter, Dated September 16, 2022, by and      HTML     22K 
                Between Pineapple Energy, Inc. and Eric Ingvaldson               
 3: EX-99.1     Press Release, Dated September 21, 2022             HTML     12K 
 7: R1          Cover                                               HTML     46K 
10: XML         IDEA XML File -- Filing Summary                      XML     12K 
 8: XML         XBRL Instance -- pegy221121_8k_htm                   XML     15K 
 9: EXCEL       IDEA Workbook of Financial Reports                  XLSX      8K 
 5: EX-101.LAB  XBRL Labels -- pegy-20220610_lab                     XML     97K 
 6: EX-101.PRE  XBRL Presentations -- pegy-20220610_pre              XML     64K 
 4: EX-101.SCH  XBRL Schema -- pegy-20220610                         XSD     12K 
11: JSON        XBRL Instance as JSON Data -- MetaLinks               25±    33K 
12: ZIP         XBRL Zipped Folder -- 0000897101-22-000831-xbrl      Zip     25K 


‘EX-99.1’   —   Press Release, Dated September 21, 2022


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



 

Exhibit 99.1

 

Pineapple Energy Names Eric Ingvaldson as New Chief Financial Officer

 

Minnetonka, Minn. – (BUSINESS WIRE) – September 21, 2022Pineapple Energy Inc. (“Pineapple,” “Pineapple Energy” or the “Company”), a leading provider of sustainable solar energy and back-up power to households and small businesses, announced today that Eric Ingvaldson will become the Company’s Chief Financial Officer effective October 10, 2022. He succeeds Mark Fandrich, who resigned in August 2022.

 

As Pineapple’s CFO, Mr. Ingvaldson will lead the Company’s finance organization and financial activities including accounting, corporate development, financial reporting analysis and internal audit.

 

Mr. Ingvaldson comes to Pineapple Energy with a track record of driving financial success at multiple companies. His diverse experience includes “Big 4” accounting, as well as audit and corporate finance roles at large public companies, middle market companies and early-stage start-ups. Most recently, he served as the CFO and COO of Kradle, where he joined the company pre-revenue and managed significant growth. He also led the finance operations of C.H. Robinson’s International Division, where he helped grow the business from $100 million to $2 billion in annual revenue. He was also the finance leader for C.H. Robinson’s acquisitions and divestitures around the world.

 

“We are thrilled to have Eric join Pineapple’s senior leadership team. He is a strategic thinker with a background of commitment, understanding customers, and working to deliver long-term value,” said Kyle Udseth, CEO of Pineapple Energy. “Eric’s skillset is a strong match with Pineapple’s vision and goals.”

 

Incoming CFO Eric Ingvaldson noted, “I’m excited about the opportunity at Pineapple because solar will play a significant role in the future of residential energy. With rising retail electric prices and declining solar prices, the demand for renewable energy overall and specifically on consumers’ homes will continue to increase. Pineapple Energy has outstanding opportunities ahead, and I am honored to join this team.”

 

About Pineapple Energy

 

Pineapple is focused on growing leading local and regional solar, storage, and energy services companies nationwide. Our vision is to power the energy transition through grass-roots growth of solar electricity paired with battery storage. Our portfolio of brands (Hawaii Energy Connection, E-Gear, Sungevity, and Horizon Solar Power) provide homeowners and small businesses with an end-to-end product offering spanning solar, battery storage, and grid services.

 

 

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Forward Looking Statements

 

This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding future financial performance, future growth, and future opportunities. These statements are based on Pineapple Energy’s current expectations or beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements here due to changes in economic, business, competitive or regulatory factors, and other risks and uncertainties, set forth in the company’s filings with the Securities and Exchange Commission. The forward-looking statements in this press release speak only as of the date of this press release. Pineapple Energy does not undertake any obligation to update or revise these forward-looking statements for any reason, except as required by law.

 

Contacts:

 

Pineapple Energy
Kyle Udseth
Chief Executive Officer
+1 (952) 996-1674
kyle@pineappleenergy.com

 

The Blueshirt Group
Gary Dvorchak, CFA
Managing Director
+1 (323) 240-5796
gary@blueshirtgroup.com

 
   
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Dates Referenced Herein

This ‘8-K’ Filing    Date    Other Filings
10/10/22None on these Dates
Filed on:9/22/22
9/21/22
For Period end:9/16/22
 List all Filings 


8 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/01/24  Pineapple Energy Inc.             10-K       12/31/23   99:18M
 5/01/23  Pineapple Energy Inc.             10-K/A     12/31/22   12:728K                                   American Fin’l P… Inc/FA
 4/14/23  Pineapple Energy Inc.             10-K       12/31/22   94:15M
12/13/22  Pineapple Energy Inc.             S-8        12/13/22    6:91K                                    American Fin’l P… Inc/FA
12/13/22  Pineapple Energy Inc.             S-8        12/13/22    6:86K                                    American Fin’l P… Inc/FA
11/15/22  Pineapple Energy Inc.             S-8        11/15/22    8:197K                                   American Fin’l P… Inc/FA
11/14/22  Pineapple Energy Inc.             10-Q        9/30/22   75:14M
10/11/22  Pineapple Energy Inc.             S-8        10/11/22    7:116K                                   American Fin’l P… Inc/FA
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Filing Submission 0000897101-22-000831   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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