Sunrun Announces Tom vonReichbauer as New Chief Financial Officer

PVTIME - Sunrun (Nasdaq: RUN), the U.S’s leading provider of residential solar, storage and energy services, today announced that Tom vonReichbauer will be joining the company as its new Chief Financial Officer.

Tom vonReichbauer brings considerable industry experience
as a leader at disruptive, mission-driven companies in the consumer energy
industry including Google, Nest, and Tesla. Most recently he was a Vice
President at Google after serving as Chief Business Officer of Nest from 2015
to 2018, leading the company’s go-to-market operations. Prior to that, Mr.
vonReichbauer served as the CFO of Nest from 2013 to 2015, and was instrumental
in scaling the organization and ultimate acquisition of the company by
Google.  Mr. vonReichbauer previously held management roles in the finance
organization at Tesla from 2008 into 2013, where he led a range of cost
efficiency, growth enablement, and capital raising activities. Prior to Tesla,
Mr. vonRiechbauer was in the finance organization at Ford Motor Company. Mr. vonReichbauer
holds B.S. and MBA degrees, both from the Wharton School of Business at the
University of Pennsylvania.

“I am excited to join Sunrun at this pivotal moment,” said
Mr. vonReichbauer.  “I look forward to joining the leadership team to help
create a planet run by the sun. Consumer-centered energy is going to reshape
how households consume and engage with electricity. Sunrun is in a unique
position to become the chosen power provider for households across the country,
accelerating the transition to a decentralized and decarbonized energy system.”

Tom vonReichbauer will be responsible for the overall
finance, accounting, and technology activities of the company.  He assumes
the role on May 11th, replacing Bob Komin, who decided after more than 5 years to
leave to spend additional time with his extended family and support his
interest in higher education.  Mr. Komin will help ensure a smooth
transition over the coming months and will serve as a senior consultant to
Sunrun through the end of the year.

“Tom brings a wealth of experience that will help Sunrun
scale its service offering even further into the home.  His proven track
record of building strong financial organizations while partnering with the
business is the right skill set for the next leg of Sunrun’s journey,” said
Lynn Jurich, Sunrun’s co-founder and Chief Executive Officer.  “We are sad
to see Bob Komin leave Sunrun, but respect his decision to be closer to family
and take on new challenges. Bob has been instrumental in building a world-class
finance organization at Sunrun over the last five years. He was a trusted
partner in the IPO process and has helped us grow to become the market leader
during his tenure.  He has been a driving force in advancing our
leadership in grid services while also focusing the company on operational
efficiencies.  During Bob’s tenure Sunrun grew revenues more than 300% and
nearly tripled its base of customers while leading the company to become cash
flow positive.  We are grateful for his contributions to the company and
the world-class finance organization that he helped build.”

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