Vivint Solar: New Leadership To Execute New Strategy
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LEHI, Utah - Vivint Solar (NYSE: VSLR), a leading full-service residential solar provider, announced that it has named Chance Allred as chief sales officer, Paul Dickson as chief revenue officer and Bryan Christiansen as chief operations officer.
"The leadership team and I are honing in on our strategy and focusing on our top five priorities, two of which are building a sustainable business and delighting our customers," said Vivint Solar interim CEO David Bywater. "We have outstanding leadership at this company and I know that Bryan, Paul and Chance will be instrumental in delivering on those priorities and delivering on our strategy for success."
Allred, a leader with 16 years of experience building 3 businesses and most recognized for building high producing sales organizations, has been at the forefront of the residential solar power revolution. With a compound annual growth rate of 225 percent in the past four years, Allred has been a part of the original executive team and has built a team of sales professionals that has helped Vivint Solar rapidly become one of the largest companies in the residential solar industry. Allred will continue to lead the sales organization and will focus on sales team recruitment, development and leadership.
Dickson, a founding member of Vivint Solar's management team, has had major influence on the success of the company since its infancy. He established its business thesis and had a significant role raising tax equity investment funds totaling more than $750 million in invested capital. Dickson also cofounded a smart-grid energy management company as a university student and sold the business to Vivint, Inc. As chief revenue officer, Paul will oversee the team focused on the sales process and will continue to build out Vivint Solar's world-class sales operations group.
Christiansen, a veteran leader of operational excellence, joined Vivint Solar as the company's chief strategy and innovation officer in May 2016. With nearly 18 years of experience in financial and operational leadership positions, Christiansen has personally run 6 companies and has developed and implemented growth and turnaround strategies for Fortune 500 clients. Christiansen will remain a key player in strategy development for Vivint Solar. As chief operations officer, he will be responsible for all operations contributing to the customer experience beyond the initial sale.
About Vivint Solar
Vivint Solar is a leading provider of distributed solar energy – electricity generated by a solar energy system installed at a customer's location – to residential customers in the United States. Vivint Solar's customers pay little to no money upfront, receive significant savings relative to utility generated electricity and continue to benefit from guaranteed energy prices over the 20-year term of their contracts. Vivint Solar finances, designs, installs, monitors and services the solar energy systems for its customers. Vivint Solar also provides solar energy systems for purchase. For more information, visit www.vivintsolar.com