The former Ripple Foods executive brings extensive financial management experience as OhmConnect enters its next phase of growth
OAKLAND, California, August 11, 2022 /PRNewswire/ — OhmConnectthe leading provider of residential energy flexibility, today announced the appointment of David Cooper as financial director. David joins OhmConnect from Ripple Foods, where he helped lead the fast-growing plant-based food company. He has a track record of over $24 million in financing transactions, including IPOs, tax-free spin-offs, mergers and acquisitions, debt financings, an LBO and a rights offering.
The former Ripple Foods executive brings extensive financial management experience as OhmConnect enters its next phase of growth
He joins as OhmConnect continues to drive adoption of its industry-transforming technology in the United States. David brings a strategic and operational approach to guiding Fortune 500 and privately held companies through rapid growth, complex issues and organizational change.
“David’s extensive background in financial management will be an invaluable asset as we work toward a 100% clean energy future,” said Cisco DeVries, CEO of OhmConnect. “David’s leadership in several industry-defining companies, along with his lifetime of support for a more sustainable world, make him the ideal steward for OhmConnect’s next phase of growth.”
Cooper’s appointment follows a year and a half of significant milestones for OhmConnect, including: new partnerships with Carrier, SunPower and Japan Energy Fundand 55 million dollars in Series D funding led by ClearSky, Sidewalk Infrastructure Partners and Telus Ventures to stabilize the grid and ensure a clean energy future.
“My passion for the transformative potential of OhmConnect’s technology has excited me to join their exceptional leadership team,” said Cooper. “OhmConnect is uniquely positioned to create a more stable power grid and usher in the new era of clean energy.”
About OhmConnect
OhmConnect, 2021 winner Fast Company World Changing Ideas Award, helps hundreds of thousands of customers manage their electricity at home and rewards them for smarter energy use. The company pays its customers to save electricity when the grid is stressed and likely to use dirty energy, unlocking clean, affordable and reliable energy. With more than 17 million dollars in rewards paid to its customers, OhmConnect is making a 100% clean energy future accessible to everyone. Customers of the big three California electric companies: Pacific Gas & Electric (PG&E), Southern California Edison (SCE), and San Diego Gas & Electric (SDG&E), as well as Con Edison in New Yorkyou can register with OhmConnect for free at ohmconnect.com. Texas residents can select OhmConnect as their retail electricity provider. Follow OhmConnect on Twitter @OhmConnectread the OhmConnect block or check them out Facebook i LinkedIn.
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