FTC Solar appoints Yann Brandt as President and CEO, effective August 19, 2024

FTC Solar, Inc.

Mr. Brandt, former FlexGen CCO and CFO, brings 18+ years solar and energy storage experience.
Employment agreement: $650,000 base salary, 100% target bonus, $825,000 upfront sign-on plus three $275,000 incremental payments.
Equity inducement: 4,000,000 time-based RSUs (25% immediate vest) and 2,500,000 performance RSUs tied to $5/$8/$10 stock price hurdles.
CEO appointment follows a robust, competitive search; Brandt also joins the Board of Directors.

item 5.02 item 8.01 item 9.01

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Appointed

Yann Brandt

President, Chief Executive Officer

FTCI · FTC Solar, Inc.

Effective: 2024-08-19
Filed: July 23, 2024, 7:59 PM ET

On July 23, 2024, FTC Solar, Inc. (the “ Company ”) announced that its Board of Directors (the “ Board ”) has appointed Yann Brandt as the Company’s President, Chief Executive Officer and a member of the Board, all effective as of August 19, 2024 (the “ Effective Date ”).

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Executive change SEC 8-K Item 5.02 confidence 0.95

Yann Brandt was appointed as President, Chief Executive Officer at FTC Solar, Inc..

Action: appointed
Role: President, Chief Executive Officer

Exact text from the filing

On July 23, 2024, FTC Solar, Inc. (the “ Company ”) announced that its Board of Directors (the “ Board ”) has appointed Yann Brandt as the Company’s President, Chief Executive Officer and a member of the Board, all effective as of August 19, 2024 (the “ Effective Date ”).

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FTC Solar, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-24-085635

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