SunLink Expands Executive Ranks, Board of Directors and Closes Funding to Support Strategic Growth
Company names Michael Maulick Chief Executive Officer
San Rafael, Calif., January 6, 2015 – Following a successful round of financing, SunLink Corporation, a leading provider of commercial photovoltaic mounting solutions, has expanded its board of directors and named Michael Maulick its new president & CEO to lead the company in its next stage of growth.
In May 2014, SunLink CEO Christopher Tilley brought Maulick on board as COO to provide additional talent, vision and leadership experience as SunLink scaled to the next level. Since that time, Michael and Chris have worked closely together to steer the company through two quarters of expansion activity. Effective January 2015, Tilley has announced he will be stepping down and identified Maulick as his successor. Tilley will move into a consulting role and remain an active advisor for the company while pursuing several personal projects.
Michael Maulick has been called an enthusiastic executive operational leader and motivator. He has been the CEO of three international technology companies, had a 20 plus year career at IBM and has served on Private and Public Boards, most notably as Independent Director for the IPO of Rackable Systems (Nasdaq:RACK). He continued as chairman of the Compensation Committee and member of the Audit and Governance Committees through the success of the secondary offering. Excluding public companies, he has arranged almost $200M of financial backing and completed multiple M&A activities.
Prior to joining SunLink, he served as Managing Director of Maulick Capital, an investment and consulting firm that he founded in January of 2009. His initial exposure to solar came as a board member for XE Solar, a concentrator and tracking company.
"I am excited to move into a new leadership role at SunLink and continue the tremendous legacy that Chris and the entire SunLink team have created over the last 10 years," said Maulick. "With SunLink's outstanding reputation, new roof- and ground-mount products, the move to add tracker technology, and dedicated talent, the company is better positioned than ever before to provide the level of products, service, support and all-around excellence required by today's utility and commercial-scale solar installations. I have led other companies through similar expansions and am looking forward to using my experience to help write the next chapter of the SunLink story."
Commenting on the transition, Christopher Tilley noted, "I feel extremely lucky to have found Michael and look forward to continuing my involvement and support of the company as he leads it into the promising future that awaits. I am also grateful to the rest of the SunLink team, which has worked with me over the last eight years to grow our business from a single initial product and a handful of customers to a leading BOS company in the rapidly growing solar industry."
This new leadership comes as SunLink receives funding from new and existing investors to fuel accelerated growth for the company in the global commercial and utility solar markets. With that financing comes a new board of directors that includes legacy members Yaniv Tepper of Angeleno Group and Kathy Coffey of American Resource and Biochemical (ARB) as well as new member Rob Martin of Summit Capital. Jeff Schrock of Columbia Pacific Advisors and Jay Thomson of Murano Group have also been added as observers.
To further position it for expansion, the company is also actively recruiting new talent in sales, engineering and finance. For more information on current openings, visit sunlink.com/careers.
Guided by an enduring commitment to R&D, SunLink is advancing universal solar power adoption by continuing to innovate highly engineered balance of system products that make solar easier, safer, more reliable and less expensive to install. Our industry-leading roof and ground mount systems, combiner boxes, and wire management tools have been proven on more than 500 MW of commercial projects at 2,000+ sites across North America. For more information, visit www.sunlink.com or follow twitter.com/sunlink.
Christine Bennett for SunLink
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