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Eos Energy Enterprises, Inc. (NASDAQ:EOSE) (“Eos”), a leading provider of safe, scalable, efficient, and sustainable zinc-based energy storage systems, today announced that Randall (“Randy”) B. Gonzales has been appointed Chief Financial Officer, to succeed Sagar Kurada who has announced his intention to resign, effective January 11, 2022.
Eos CEO Joe Mastrangelo said, “Randy is a proven industrial CFO with a superior track record of delivering results and creating value. I’m excited to welcome Randy to Eos. He is a high-impact executive who brings a unique blend of capital allocation discipline, well-honed operating skills, and transformational leadership abilities. He will be a strong partner as we execute on our strategic plan to grow our business and deliver strong operating results, and I’m pleased to have someone of such high caliber join the Eos team.”
As CFO, Mr. Gonzales will lead Eos's finance organization and financial activities including accounting and controllership, financial planning and analysis, tax, investor relations and treasury.
Mr. Gonzales previously served as Executive Vice President, Chief Financial Officer, and Treasurer of Lydall, Inc. (NYSE:LDL), a global provider of specialty filtration and engineered materials solutions where he led the company's Accounting & Finance, Strategy & Transformation, Tax, Treasury, Internal Audit, Investor Relations, and Information Technology organizations. From December 2014 to March 2018, Mr. Gonzales was Senior Vice President, Chief Financial Officer and Treasurer of Caterpillar's (NYSE:CAT) Rail Division, a multi-billion dollar global supplier of railroad and transit system products and services. From March 2004 to November 2014, Mr. Gonzales held financial and operational leadership roles of increasing responsibilities within Nissan Motor Co., Ltd., a Fortune Global 50 automotive manufacturer where he spent almost six years at Nissan’s global headquarters in Japan.
Mr. Gonzales said, “Eos is at the forefront of solving the critical challenge of providing affordable, reliable clean energy through their innovative long duration energy storage technology and I am excited to join at a time of significant opportunity for the company. I look forward to working with Joe and the team to move Eos forward on its journey to becoming a world-class operating company.”
Sagar Kurada will step down from his current role as chief financial officer of Eos effective January 11, 2022, allowing for a smooth period of transition. Mastrangelo said, “Sagar Kurada played an instrumental role in taking Eos public and positioned the Company very well for future growth. I’d like to thank Sagar both personally and on behalf of the Company for his valuable contributions to Eos, and we wish him the best in his next role.” Sagar will be Chief Financial Officer at Newlight Technologies.
