ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Sunrun Accelerates Momentum In Its New Homes Business With Addition of Two Top Industry Leaders

SAN FRANCISCO, July 22, 2024 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN), the nation’s leading provider of clean energy as a subscription service, announced today that Matt Brost and Ellen Struck will join the company as Vice Presidents in its new homes division. Brost and Struck most recently worked at SunPower, where they led the largest new homes solar business in the country, and together they have more than four decades of experience in the energy and solar industries. Sunrun’s new homes business has been a strong strategic growth route for years, and this continued investment and leadership team expansion position Sunrun to lead the industry and accelerate momentum in this segment.

“By welcoming Ellen and Matt to Sunrun, we are adding tremendous strength to our already amazing new homes team, and I can’t wait to watch as Sunrun accelerates our impact on customers and communities around the country with their leadership,” said CEO Mary Powell. “Sunrun has been leading the way in California and other key markets across the country, and this acquisition of seasoned talent sends a clear message to home builders that we are investing in our program and continuing to scale.”

Brost joins Sunrun with 28 years of experience in the energy industry. He most recently served as Vice President of New Home Sales at SunPower, where he established partnerships with many top U.S. builders and completed over 125,000 new solar homes during his 18-year career at SunPower. He holds a bachelor's degree in environmental design and building science from Sonoma State University.

Struck brings over 16 years of energy and solar industry experience to Sunrun. Most recently, she served as Vice President of Channel Operations at SunPower, showcasing her expertise and leadership in the new homes field as she helped scale the operations through a fivefold increase in annual install volume over four years. She holds an MBA from Northwestern University and a Bachelor of Business Administration from the University of North Carolina.

The addition of top talent underscores Sunrun’s focus on partnering with home builders to offer solar-plus-storage systems to new home buyers. The strategy is part of Sunrun’s broader momentum of strong market leadership across multiple segments, including its dealer business.

“Dealers and homebuilders are attracted to Sunrun’s 17-year track record of strong performance and demonstrated stability,” Powell added. “We are a customer-obsessed organization, and we extend our best-in-class experience to our business partners, ensuring that we grow together as we help households embark on their clean energy journeys.”

Sunrun has been growing its new home construction pipeline and looks forward to working with additional home builders and dealers that meet Sunrun’s quality standards and strategic alignment. Sunrun is the industry leader with nearly one million customers. Sunrun has the installation capacity and network of branches to accommodate a quick pace of growth.

“We are rapidly growing our new homes channel and investing in our relationships with builders across the country,” said Paul Dickson, Sunrun’s President and Chief Revenue Officer. “Sunrun’s thoughtful management approach and capital structure enable us to take full advantage of shifts in the industry and market conditions to accelerate our continued growth and cash generation.”

About Matt Brost
Matt Brost joins Sunrun with 28 years of experience in the energy industry and 18 years in home building. Most recently, he served as Vice President of Sales for SunPower’s new homes division, leading the sales channel focused on residential developers and builders. Before this, Matt held the position of Senior Director of Sales Americas, New Homes, at SunPower. During his 18-year tenure at SunPower, Matt worked to boost energy efficiency and solar adoption among home builders and developers, establishing partnerships with many top U.S. builders and completing over 125,000 new solar homes. Prior to SunPower, Matt co-owned a business and served as Vice President at RLW Analytics, specializing in energy consulting for gas and electric utility companies nationwide. He holds a bachelor's degree in environmental design and building science from Sonoma State University.

About Ellen Struck
Ellen Struck brings over 16 years of energy and solar industry experience to Sunrun. Most recently, she served as Vice President of Channel Operations at SunPower, where she led a team dedicated to delivering outstanding service to the company’s builder customers and new home buyers. Prior to this role, Ellen advanced through various positions within SunPower’s new homes division, showcasing her expertise and leadership in the field. Before her tenure at SunPower, Ellen worked as the Director of Business Development for the energy and industrial systems business at Underwriter’s Laboratories (UL), where she played a key role in simplifying how companies bring safe products to market. Ellen holds an MBA from Northwestern University and a Bachelor of Business Administration from the University of North Carolina.

About Sunrun
Sunrun Inc. (Nasdaq: RUN) revolutionized the solar industry in 2007 by removing financial barriers and democratizing access to locally-generated, renewable energy. Today, Sunrun is the nation’s leading provider of clean energy as a subscription service, offering residential solar and storage with no upfront costs. Sunrun’s innovative products and solutions can connect homes to the cleanest energy on earth, providing them with energy security, predictability, and peace of mind. Sunrun also manages energy services that benefit communities, utilities, and the electric grid while enhancing customer value. Discover more at www.sunrun.com

Media Contact
Wyatt Semanek
Director, Corporate Communications
press@sunrun.com

Investor & Analyst Contact
Patrick Jobin
SVP, Deputy CFO & Investor Relations Officer
investors@sunrun.com


Primary Logo

Recent Quotes

View More
Symbol Price Change (%)
AMZN  231.40
+2.15 (0.94%)
AAPL  269.02
+0.02 (0.01%)
AMD  265.87
+7.86 (3.05%)
BAC  52.70
-0.17 (-0.32%)
GOOG  269.93
+1.50 (0.56%)
META  753.39
+1.95 (0.26%)
MSFT  542.84
+0.77 (0.14%)
NVDA  209.62
+8.59 (4.27%)
ORCL  280.23
-0.60 (-0.21%)
TSLA  462.88
+2.33 (0.51%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.