EnerNOC Appoints William Sorenson Chief Financial Officer; Neil Moses to Retire in 2017
June 23 2016 - 8:35AM
EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy
intelligence software (EIS) and demand response solutions,
announced today that William Sorenson has been appointed Chief
Financial Officer of the Company, reporting to Chairman and Chief
Executive Officer, Tim Healy. Sorenson will succeed Neil Moses, the
Company’s Chief Operating Officer and Chief Financial Officer, who
plans to retire in early 2017.
“Bill’s impressive track record of finance leadership at several
highly successful software companies will be a tremendous asset as
we continue to transform our business, and we’re thrilled to
welcome him to the team,” said Healy. “Neil has been a terrific
partner over the last three years, providing leadership and
expertise that has contributed to our successes and positioned us
well for the future. We are grateful for his many contributions to
EnerNOC and wish him well in retirement.”
Sorenson will join the Company in August at which point Moses
will transition to a special advisor role until his retirement in
early 2017.
“EnerNOC’s momentum in the burgeoning EIS category and global
leadership in demand response are compelling, and I’m excited to
join the Company at such an important point in its evolution,” said
Sorenson. “I look forward to working with the team to enhance the
business as adoption of EIS and demand response solutions continues
to grow worldwide.”
Sorenson has more than 25 years of financial management
experience, most recently serving as Chief Financial Officer of
Acquia, a web content management platform provider. Prior to
Acquia, Sorenson served as Chief Financial Officer of Qlik
Technologies, a provider of business intelligence and analytics
software. Earlier in his career, Sorenson held senior leadership
positions at News Corporation, EMI Music Publishing, Bertelsmann AG
and Acclaim Entertainment.
About EnerNOC
EnerNOC is a leading provider of energy intelligence software
(EIS) and demand response solutions. With capabilities to better
address budgets and procurement, utility bill management, facility
analysis and optimization, sustainability and reporting, project
tracking, and demand management, EnerNOC's SaaS platform helps
enterprises control energy costs, mitigate risk, and streamline
compliance and sustainability reporting. EnerNOC also offers access
to more demand response programs worldwide than any other provider,
offering enterprises a valuable payment stream to further enhance
bottom line results and utilities and grid operators a reliable,
cost-effective demand-side resource. For more information, visit
www.enernoc.com.
Safe Harbor Statement
Statements in this press release regarding management’s future
expectations, beliefs, intentions, goals, strategies, plans or
prospects, including, without limitation, statements relating to
the future growth and success of the Company’s energy intelligence
software, and the benefits that customers may derive from
technology updates or enhancements to that software, may constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995 and other federal
securities laws. Forward-looking statements can be identified by
terminology such as “anticipate,” “believe,” “could,” “could
increase the likelihood,” “estimate,” “expect,” “intend,” “is
planned,” “may,” “should,” “will,” “will enable,” “would be
expected,” “look forward,” “may provide,” “would” or similar terms,
variations of such terms or the negative of those terms. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors including those risks,
uncertainties and factors referred to under the section “Risk
Factors” in EnerNOC’s most recent Annual Report on Form 10-K and
subsequent Quarterly Reports on Form 10-Q, as well as other
documents that may be filed by EnerNOC from time to time with the
Securities and Exchange Commission. As a result of such risks,
uncertainties and factors, the Company’s actual results may differ
materially from any future results, performance or achievements
discussed in or implied by the forward-looking statements contained
herein. EnerNOC is providing the information in this press release
as of this date and assumes no obligations to update the
information included in this press release or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
EnerNOC Media Relations:
Sarah McAuley
617.532.8195
news@enernoc.com
EnerNOC Investor Relations:
Christopher Sands
617.692.2569
ir@enernoc.com
Enernoc, Inc. (MM) (NASDAQ:ENOC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Enernoc, Inc. (MM) (NASDAQ:ENOC)
Historical Stock Chart
From Apr 2023 to Apr 2024