Sunworks, Inc. announced that Phil Radmilovic, the company’s Chief Financial Officer will resign to pursue other career opportunities. Mr. Radmilovic will continue in his role until February 22, 2019 to ensure an orderly transition of his responsibilities. The company has appointed Paul McDonnel, its Treasurer and CFO, to serve as interim CFO until a successor is identified.
Sunworks, Inc. provides photovoltaic (PV) and battery-based power and storage systems for residential and commercial markets. The Company's commercial projects include commercial, agricultural, industrial, and public works projects. It operates through three segments: Residential Solar, Commercial Solar Energy, and Corporate. Residential Solar segment designs, arrange finances, integrates, installs, and manages systems, primarily for residential homeowners. The Commercial Solar Energy segment designs, arrange finances, integrates, installs, and manages systems ranging in size from 50kW (kilowatt) to multi-MW (megawatt) systems primarily for larger commercial and public works projects. Its commercial installations include installations at office buildings, manufacturing plants, warehouses, service stations, churches, and agricultural facilities such as farms, wineries, and dairies. Its public works installations include school districts, federal facilities and local municipalities.