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ARRAY Technologies Appoints Leonardo Serpa as General Manager and Héctor Sánchez as VP of Sales for EMEA

Quiver Quantitative ·  11/18 09:13

ARRAY Technologies announces new leadership appointments in EMEA to enhance growth and customer engagement in renewable energy solutions.

Quiver AI Summary

ARRAY Technologies, a leader in solar tracker solutions, has appointed Leonardo Serpa as general manager for Europe, the Middle East, and Africa (EMEA), and Héctor Sánchez as vice president of sales for the region. Both executives bring extensive experience, with Serpa previously serving as CEO at Essentia Energia and Sánchez holding a similar role at Soltec Trackers. Their leadership is expected to boost ARRAY's expansion and commitment to clients in EMEA, aligning with the company's mission to provide innovative solar solutions. ARRAY Technologies is known for its robust solar tracking technology aimed at enhancing energy production worldwide.

Potential Positives

  • Appointment of Leonardo Serpa as general manager, EMEA, brings leadership from Essentia Energia, enhancing ARRAY's expertise in the region.
  • Hiring of Héctor Sánchez as vice president of sales, EMEA, adds significant sales leadership experience from Soltec Trackers to ARRAY's team.
  • Expansion of ARRAY's operations in Europe, the Middle East, and Africa demonstrates a commitment to growth in key international markets.

Potential Negatives

  • Appointment of new executives may indicate previous leadership shortcomings in the EMEA region, raising concerns about past performance or strategy.
  • The release contains forward-looking statements that carry inherent risks and uncertainties, which could imply potential vulnerabilities in the company's future plans.
  • None

FAQ

Who has been appointed at ARRAY Technologies for EMEA operations?

Leonardo Serpa has been appointed as general manager and Héctor Sánchez as vice president of sales for EMEA.

What experience does Leonardo Serpa bring to ARRAY?

Leonardo Serpa has extensive experience as CEO at Essentia Energia and other leadership roles in the energy sector.

What is Héctor Sánchez's previous role before joining ARRAY?

Héctor Sánchez was the vice president of sales for Soltec Trackers prior to his appointment at ARRAY Technologies.

What is ARRAY Technologies known for?

ARRAY Technologies is a leading global provider of solar tracking technology and solutions for utility-scale renewable energy projects.

How do the new appointments impact ARRAY's operations?

The new leadership aims to expand ARRAY's footprint and enhance customer commitment across the EMEA region.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.


$ARRY Hedge Fund Activity

We have seen 156 institutional investors add shares of $ARRY stock to their portfolio, and 160 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

  • NORGES BANK removed 5,947,682 shares (-95.3%) from their portfolio in Q2 2024
  • GOLDMAN SACHS GROUP INC added 5,753,405 shares (+319.5%) to their portfolio in Q3 2024
  • ACK ASSET MANAGEMENT LLC removed 4,282,000 shares (-100.0%) from their portfolio in Q3 2024
  • GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC added 3,416,568 shares (+72.4%) to their portfolio in Q3 2024
  • CLEAN ENERGY TRANSITION LLP added 2,598,221 shares (+inf%) to their portfolio in Q3 2024
  • MEREWETHER INVESTMENT MANAGEMENT, LP removed 2,437,800 shares (-100.0%) from their portfolio in Q2 2024
  • GLENVIEW CAPITAL MANAGEMENT, LLC removed 2,204,685 shares (-100.0%) from their portfolio in Q2 2024

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Full Release



ALBUQUERQUE, N.M., Nov. 18, 2024 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) ("ARRAY" or the "Company"), a global leader in solar tracker solutions, announces the appointment of Leonardo Serpa as general manager, Europe, the Middle East, and Africa (EMEA) and Héctor Sánchez as vice president of sales, EMEA. Both executives bring a wealth of experience to ARRAY's growing operations in Europe, the Middle East, and Africa.



Serpa joins ARRAY after serving as chief executive officer at Essentia Energia, where he led negotiations with global solar and wind equipment suppliers. Sánchez was previously the vice president of sales for Soltec Trackers.



"Leonardo's track record of driving growth and Héctor's strategic sales expertise will be pivotal as we expand our footprint and deepen our commitment to clients across EMEA," said Neil Manning, president and chief operating officer at ARRAY. "Their leadership will be instrumental in advancing ARRAY's mission to deliver innovative, resilient solar solutions tailored to the diverse needs of this dynamic region."



Before ascending to the top job at Essentia Energia, Serpa served as chief executive officer at Engie Solutions and previously held multiple key leadership positions at ABB Ltd. He graduated with a Ph.D. in electrical engineering from the Swiss Federal Institute of Technology and an executive MBA from Cass Business School.



In the newly created role of vice president of sales, EMEA, Sánchez will oversee growth strategies for the region, building a robust sales organization focused on customer success. He joins ARRAY with unique insight into the solar tracker industry, having built a strong record of sales leadership and development across the EMEA region.




About ARRAY

ARRAY Technologies (NASDAQ: ARRY) is a leading global renewable energy company and provider of utility-scale solar tracking 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 news and information on ARRAY, please visit arraytechinc.com.




Forward Looking Statements

This press release contains forward-looking statements. These statements are not historical facts but rather are based on the Company's current expectations and projections regarding its business, operations and other factors relating thereto. Words such as "may," "will," "could," "would," "should," "anticipate," "predict," "potential," "continue," "expects," "intends," "plans," "projects," "believes," "estimates" and similar expressions are used to identify these forward-looking statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors. Forward-looking statements should be evaluated together with the risks and uncertainties that affect our business and operations, particularly those described in more detail in the Company's most recent Annual Report on Form 10-K and other documents on file with the SEC, each of which can be found on our website . Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.




Media Contacts

Nicole Stewart
Head of Media Relations
505-589-8257

Nicole.Stewart@arraytechinc.com



Daniel Tapia
Head of Marketing & Communications EMEA

media.eur@arraytechinc.com




Investor Relations

ARRAY Technologies, Inc.
Investor Relations

investors@arraytechinc.com



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