Kevin Hostetler has been appointed CEO of Array Technologies, a supplier of tracker options and companies for the utility-scale solar energy business. He may even be a part of Array’s board of administrators.
Hostetler succeeds Jim Fusaro, who beforehand introduced his intention to retire by the tip of the 12 months.
For the final 4 years, Hostetler has served as CEO at Rotork, a FTSE 250 firm, the place he led the corporate’s Growth Acceleration Program, which drove improved margins, capital effectivity and industrial excellence.
“We are excited to welcome Kevin as CEO to lead Array through its next phase of growth,” states Brad Forth, chairman of Array Technologies. “Over the past few years, the Array team, led by Jim Fusaro, built a strong foundation which doubled the size of our business. As we look toward the future under Kevin’s leadership, Array will focus on executing on our long-term strategic initiatives and integrating the STI Norland business. Given his immense experience in senior leadership roles, we are confident Kevin can lead Array to growth and operational excellence for the foreseeable future.”
“Array Technologies is a company that I have admired for some time now,” Hostetler provides. “Array is a great intersection of my deep experience in engineered products and actuation, and my passion for the environment. Array’s innovative products are key to important constituents across the solar industry. As rapid expansion and increased demand for utility-scale solar has taken place, Array has truly made a difference by helping its customers optimally harness the power of the sun.”
Prior to becoming a member of Rotork in 2018, Hostetler served as CEO of FDH Infrastructure Services, main the engineering and development companies supplier by means of a sequence of acquisitions to help enchancment of growing older vital infrastructure, similar to bridges, dams, and transmission towers. He was government advisor to Wind Point Partners. He held ascending management roles over seven years at IDEX Corporation, the place he served as an officer of the corporate and the group president of the Fluid and Metering Technologies Segment and IDEX Asia. Hostetler additionally spent seven years at Ingersoll Rand in progressive P&L management and enterprise improvement roles inside the Industrial Technologies Segment.
“On behalf of the board of directors, I’d like to thank Jim for his leadership and steady hand as he guided Array through a period of rapid growth and global market expansion,” continues Forth. “He was instrumental in leading Array through important milestones including the development of our SmarTrack software solution, our initial public offering and the acquisition of STI Norland, among many other achievements. Jim also prioritized people, fostering a culture of innovation that will remain core to Array’s identity.”