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EDISON, NJ, March 8, 2021 (GLOBE NEWSWIRE) – Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos”), a leading provider of secure, scalable, zinc-based energy storage systems efficient and sustainable, today announced the expansion of its leadership team with the appointment of Jody Markopoulos as Chief Operating Officer and Jesper Helt as Chief Human Resources Officer. Markopoulos will be responsible for optimizing the value chain and expanding capacity to meet customer demand for energy storage solutions. Helt will lead the company’s human resources and talent acquisition efforts, in addition to developing workplace culture and diversity programs.
“As Eos embarks on a new chapter of growth and innovation, it will be critical to have an experienced and dynamic management team capable of creating value for our customers, shareholders and employees,” said Joe. Mastrangelo, CEO of Eos. “Jody brings expertise in supply chain and manufacturing operations and has experience in growing high performing teams. His knowledge and knowledge of the energy industry will be invaluable to Eos. “
“Jesper is a creative, results-oriented leader with a global perspective. His track record of progressive HR practices in the technology industry will be instrumental as we develop an inclusive corporate culture and seek to attract the best talent in the industry, ”continued Mastrangelo. “We are delighted to welcome Jody and Jesper to our positively resourceful team.
Markopoulos began her career at GE Power, where she held several successive management positions, deepening her supply chain expertise, power generation knowledge and operational leadership. After six years as Vice President of Supply, Markopoulos became President and CEO of GE Intelligent Platforms, a high-tech control, automation and software company before joining GE Oil & Gas for lead supply chain operations. Markopoulos was instrumental in the creation and transition of Baker Hughes of GE to the management team. Most recently, she ran her own consulting firm, building on 27 years of operational leadership, providing advisory services to leading private and public private equity firms. She holds a Bachelor of Science in Engineering and Management from Clarkson University.
“I am delighted to join the Eos team at such an exciting time in the company’s history,” said Markopoulos. “The energy storage space is growing by leaps and bounds and Eos is well positioned to lead the way in changing the way the world stores energy. I look forward to meeting the challenge of growth, being part of a team that is at the forefront of the energy transition and committed to providing our customers with revolutionary energy storage solutions.
Helt has spent over 25 years creating organizational and cultural transformations in companies ranging from the Fortune 500 to mid-size startup environments. Prior to joining Eos, Helt was Director of Human Resources at Commvault, a global leader in enterprise data management, where he was responsible for the global people agenda, including successive years of Great Place to Work certifications. Helt started his career in the pharmaceutical industry at Novo Nordisk until he moved to technology where he held senior human resources positions at Velti, SuccessFactors and Hewlett-Packard. He obtained a doctorate in cultural sociology from the University of Copenhagen, Denmark.
“Eos’ relentless commitment to building a sustainable and greener future is such a determined and powerful foundation of our employee value proposition,” said Helt. “I’m thrilled to build on this goal and help create a truly energizing culture and employee experience that invites everyone to get to work fully, nurture each other, and channel their creativity and talents to bring the next generation of energy storage solutions. to our customers all over the world. “
About Eos
Eos Energy Enterprises, Inc. is accelerating the shift to clean energy with positively ingenious solutions that transform the way the world stores energy. Our breakthrough Znyth® The aqueous zinc battery was designed to overcome the limitations of conventional lithium-ion technology. Safe, Scalable, Efficient, Sustainable – and Made in the USA. – it is the heart of our innovative systems which today offer public, industrial and commercial service customers a proven and reliable energy storage alternative. Eos was founded in 2008 and is headquartered in Edison, New Jersey. For more information on Eos (NASDAQ: EOSE), visit eose.com.
Forward-looking statements
This press release includes certain statements that may constitute “forward-looking statements” for the purposes of federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterizations of future events or circumstances, including the underlying assumptions. The words “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intends”, “may”, “could”, “plan”, “possible” , “Potential”, “predict”, “plan”, “should”, “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about: the future financial performance of Eos; Eos expansion and acquisition plans; and changes in Eos’ strategy, future operations, financial condition, estimated revenues and losses, projected costs, outlook, plans and objectives of management. These forward-looking statements are based on information available at the date of this press release and on current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Therefore, forward-looking statements should not be taken to represent the views of parties at a later date, and Eos does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date on which they have been made, whether as a result of new information, future events or otherwise, except to the extent required by applicable securities laws. You should not place undue reliance on these forward-looking statements. Due to a number of known and unknown risks and uncertainties, actual results or performance may differ materially from those expressed or implied by such forward-looking statements. Certain factors that may cause actual results to vary include, but are not limited to: (1) the outcome of any legal proceedings that may be brought against Eos; (2) the ability to maintain the listing of the common shares of Eos on the NASDAQ; (3) the ability of Eos’ business to grow and manage growth profitably, to nurture customer and supplier relationships, and to retain management and key employees; (4) changes in applicable laws or regulations; (5) the possibility that Eos will be adversely affected by other economic, commercial and / or competitive factors; and (6) other risks and uncertainties indicated from time to time, including those described in more detail in Eos’ latest filings with the Securities and Exchange Commission, including its Form 10-K for the year ended December 31, 2020 filed on February 26, 2021, and other factors identified in Eos’ previous and future SEC filings, available at www.sec.gov.
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