---
schema_version: "secwatch.filing_event.v1"
accession: "0001820721-22-000030"
form_type: "8-K"
ticker: "ARRY"
cik: "0001820721"
company_name: "Array Technologies, Inc."
filed_at: "2022-04-05T23:59:59+00:00"
generated_at: "2026-06-26T09:32:34.006430+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Array Tech names Kevin Hostetler CEO; Q4 revenue $219.9M, net loss $32.1M

## Summary
- Kevin Hostetler appointed CEO effective April 18, 2022, succeeding Jim Fusaro who retired.
- Q4 2021 revenue $219.9M (up 22% YoY); net loss $32.1M vs loss $9.8M prior year.
- Full year 2021 revenue $853.3M (down 2% YoY); net loss $66.1M vs income $59.1M.
- Adjusted EBITDA Q4 $0.5M, full year $43.2M; 2022 guidance revenue $1.45B-$1.75B.
- Executed contracts and awarded orders reached $1.8B at Dec 31, 2021, a new record.

## SEC filing metadata
- accession: 0001820721-22-000030
- form_type: 8-K
- ticker: ARRY
- cik: 0001820721
- company_name: Array Technologies, Inc.
- filed_at: 2022-04-05T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820721/000182072122000030/0001820721-22-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820721/000182072122000030/arry-20220331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001820721-22-000030
- JSON: https://secwatch.observer/filing/0001820721-22-000030.json
- Plain text: https://secwatch.observer/filing/0001820721-22-000030.txt

## Key facts
- Executive change
  Jim Fusaro retired as Chief Executive Officer at Array Technologies, Inc..
  - Action: retired
  - Role: Chief Executive Officer
  source text: Jim Fusaro, Chief Executive Officer (“CEO”) and a member of the Board of Directors (the “Board”) of the Company, would terminate his employment as CEO and cease serving as a member of the Board, effective as of April 18, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820721/000182072122000030/0001820721-22-000030-index.htm
- Executive change
  Kevin Hostetler was appointed as Chief Executive Officer at Array Technologies, Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: The Board appointed Kevin Hostetler to serve as the Chief Executive Officer of the Company, effective as of April 18, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820721/000182072122000030/0001820721-22-000030-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.