Vivint Solar Welcomes New Executive Team Members Chris Lundell, Jan Newman and Paul Dickson Join Leadership Team, Bringing More Than 50 Years of Diverse Experience to Vivint Solar

PROVO, Utah, Nov. 26, 2013 /PRNewswire/ -- Vivint Solar, the second largest U.S. residential solar provider, today named two new executives to its leadership team and promoted another. The three executives bring more than a half-century of experience in technology, marketing, business development and finance to help propel the company into a successful 2014 and beyond.

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The new executive team members are: Chris Lundell, chief marketing officer, responsible for all marketing strategy, programs, partnerships and campaigns; Jan Newman, vice president of business development, responsible for expansion of business partnerships and channels and possible growth into new solar verticals; and Paul Dickson—previous vice president of finance—promoted to vice president of operations, responsible for directing the systems, processes and solutions that make it possible to deliver lower-cost power to homeowners.

"These leadership additions are designed to meet today's rapid growth and lay the foundation for future expansion as we position Vivint Solar as the premier provider of residential solar power," said Greg Butterfield, CEO of Vivint Solar. "This is an exciting expansion period for Vivint Solar and we are fortunate to have proven, high-achieving executives like Chris, Jan and Paul join the team to provide the leadership to widen our customer reach and further develop of our eco-friendly solutions."

The new members of the leadership team bring an abundance of professional achievements and backgrounds:

  • Chris Lundell brings more than 25 years of experience in sales and marketing leadership management, most recently as vice president of worldwide sales at EveryoneSocial.com, a social marketing platform. Lundell also served as CMO/COO of DomoTechnologies (formerly Corda) and was responsible for growing enterprise business intelligence software business. He also served as vice president and general manager of LANDesk's Asia Pacific operations. While at LANDesk, Lundell led LANDesk through double-digit revenue growth over an eight-year period. Prior to LANDesk, Lundell served in a variety of sales and marketing roles at Novell, including head of North America marketing.
  • Jan Newman is a technology entrepreneur with over 25 years of executive experience in the industry. After starting his career at Novell, Newman founded KeyLabs, Inc., an independent software testing and verification company. He sold the company to Exodus Communications for $42 million in 1999. Newman then founded Altiris, Inc., a systems management company. Altiris went on to complete an initial public offering in 2002 and was eventually purchased by Symantec Corporation for more than $1 billion. Most recently Newman was a partner at SageCreek Partners, a business consulting firm.
  • Paul Dickson was most recently vice president of finance at Vivint Solar, driving the company's finance business with tax equity partners. He played a significant role in raising more than $955 million in tax equity funding, a critical component of the Vivint Solar business model. Passionate about smart metering and energy efficiency, Dickson co-founded Meter Solutions as a university student and won several industry accolades. After growing the business from a startup to a fast-growing, nationwide AMR/AMI installation company, Dickson sold the business to Vivint. In addition to his new role, Dickson will continue to provide financial operations expertise to the team.

Vivint Solar has significantly bolstered its management team in 2013, adding key executives such as Butterfield and Thomas Plagemann, executive vice president, capital markets, earlier this year.

Vivint Solar was created in 2011 and has become the second largest U.S. residential solar installer, according to the U.S. PV Leaderboard published by GTM Research. The company attributes its rapid rise to successfully applying Vivint's infrastructure of skilled residential in-person and consultative sales strategy, allowing Vivint Solar to differentiate itself from other solar competitors.

About Vivint Solar

Vivint Solar is a leading provider of simple, affordable solar solutions. As an early adopter of the power purchase agreement (PPA) model, Vivint Solar designs, installs, and maintains cost-effective solar energy systems. The company provides award-winning service and support while saving customers money and protecting the environment. For more information, visit www.vivintsolar.com.

About Vivint

Vivint is a leading provider of home technology services. Vivint services are delivered through a technology-based platform that integrates a wide range of wireless features and components to provide simple, affordable home security, energy management, home automation and solar solutions. Our vision is to connect customers to the things that matter most—their homes, families, health, cars, and businesses. In 2011, Vivint's Home Automation package and Advanced Security package received a Consumers Digest "Best Buy" rating. Vivint also received the 2012 CSAA Central Station of the Year award for overall excellence in monitoring, training, and quality relationships with customers. Dedicated to protecting families, increasing energy efficiency, and simplifying lives, Vivint has over 13 years of experience and supports more than 750,000 customers throughout the United States and Canada. For more information, visit the company's website at www.vivint.com.

Contact
Vivint Solar
Kady Cooper
Director of Public Relations
415-706-9778
kady.cooper@vivintsolar.com

SOURCE Vivint Solar



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