HENDERSON, Nev., Oct. 04, 2022 (GLOBE NEWSWIRE) — Solar Integrated Roofing Corp. (OTC:SIRC), an integrated single-source solar power, rooftop installation and electric vehicle charging company, today announced the appointment of veteran COO Stefan Abbruzzese as President, with immediate effect.
Stefan Abbruzzese is an experienced operations and business leader with over 25 years of experience in financial services, software and technology, consumer and other business sectors. He is a seasoned professional who has built various world-class teams and led global organizations through all stages of the business lifecycle and through multiple economic cycles. Most recently, Mr. Abbruzzese was Partner and Chief Operating Officer of L Catterton, a leading private equity firm specializing in consumer brands. At L Catterton, Stefan led the operational integration of Catterton Partners’ merger with select LVMH private equity businesses, with the newly merged company forming one of the world’s largest retail-focused private equity firms. and consumers.
Previously, Stefan held various roles and responsibilities at GE Capital, including leading the business and commercial platform for its North American Bank Lending Group, where he managed a multi-billion dollar portfolio of corporate and commercial loans. and a team of employees. Mr. Abbruzzese holds a BA cum laude in Physics from the College of the Holy Cross, as well as an MBA and a Master of Science in Accounting from Northeastern University, Graduate School of Business.
“Stefan brings a long track record of success to the SIRC family of companies, including a diverse background in developing and executing business strategies, building operational infrastructure, driving profitability and providing capital. through cash flow programs and asset-backed lending (ABL),” said David Massey. , chairman and CEO of Solar Integrated Roofing Corp. “In his new role as President, Stefan is uniquely qualified to bring his broad functional knowledge to drive sustainable growth within our family of integrated businesses and continue our rapid pace of national expansion.
“I believe his 360 degree vision will help make critical decisions in marketing, sales, product development and customer service. I look forward to welcoming Stefan as we continue to welcome highly qualified executives to the team, laying the foundation for a potential future NASDAQ IPO and the creation of long-term shareholder value. concluded Massey.
Stefan Abbruzzese added: “It is an incredible privilege to join the SIRC family of companies at such an important time and at an inflection point in the company’s growth trajectory. I strongly believe that I can leverage my skills to bring new processes to our operations, while leveraging my deep experience in commercial finance to support the company as it seeks the capital needed to rapidly scale its operations internationally. national scale. I now look forward to working with Dave and the entire SIRC management team to ensure sustained operational execution in the quarters to come.
About Solar Integrated Roofing Corp.
Solar Integrated Roofing Corp. (OTC: SIRC) is an integrated solar energy, rooftop installation and electric vehicle charging company specializing in commercial and residential properties across the United States. The company serves communities by providing the best experience through constant innovation and legacy-driven leadership. The company’s wide range of solutions includes the sale and installation of solar power systems, battery backup and electric vehicle (EV) charging stations for roofing, HVAC and contracting work electrical related. For more information, please visit the Company’s website at www.solarintegratedroofing.com or join us on Twitter, Facebook Where Discord.
All statements made in this press release that are not historical facts contain certain forward-looking statements; as that term is defined in the Private Security Litigation Reform Act of 1995, with respect to potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release relates. The actual results of the specific items described in this release, and the company’s operations generally, may differ materially from what is projected in these forward-looking statements. Although these statements are based on the best judgments of company management as of the date of this release, material deviations in magnitude, timing and other factors may result from business risks and uncertainties, including including, without limitation, the company’s dependence on third parties, general market and economic conditions, technical factors, availability of outside capital, revenue collection and other factors, many of which are beyond the company’s control. The company disclaims any obligation to update the information contained in the forward-looking statements. This press release should not be considered a general solicitation.
Lucas A. Zimmerman
MZ North America