Array Technologies, Inc. manufactures and supplies solar tracking systems and related products for customers in the United States and internationally. Its products include DuraTrack HZ v3, a single-axis solar tracking system; and SmarTrack, a machine learning software that is used to identify the optimal position for a solar array in real time to increase energy production. The company was founded in 1989 and is based in Albuquerque, New Mexico.
IPO Year: 2020
Exchange: NASDAQ
Website: arraytechinc.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/8/2024 | $11.50 → $10.00 | Hold | TD Cowen |
| 11/7/2024 | Buy → Neutral | Guggenheim | |
| 11/7/2024 | $11.00 → $7.00 | Buy → Neutral | BofA Securities |
| 9/4/2024 | $11.00 | Buy | Jefferies |
| 8/9/2024 | $16.50 → $11.50 | Hold | TD Cowen |
| 8/9/2024 | $20.00 → $8.00 | Buy → Neutral | ROTH MKM |
| 7/12/2024 | $17.00 → $14.00 | Neutral → Buy | Citigroup |
| 6/28/2024 | $14.00 | Positive | Susquehanna |
| 5/10/2024 | $20.00 | Perform → Outperform | Oppenheimer |
| 4/2/2024 | $15.00 → $18.00 | Equal Weight → Overweight | Barclays |
Third Quarter 2024 Highlights Revenue of $231.4 millionGross Margin of 33.8%Adjusted gross margin of 35.4%(1)Net loss to common shareholders of $(155.4) million Net loss to common shareholders inclusive of $162 million non-cash goodwill impairment charge associated with the 2022 STI acquisition Adjusted EBITDA(1) of $46.7 millionBasic and diluted net loss per share of $(1.02)Adjusted diluted net income per share(1) of $0.17 ALBUQUERQUE, N.M., Nov. 07, 2024 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ:ARRY) ("ARRAY" or the "Company"), a global leader in utility-scale solar tracking, today announced financial results for its third quarter ended September 30, 2024. "ARRAY had another imp
ALBUQUERQUE, N.M., Oct. 17, 2024 (GLOBE NEWSWIRE) -- ARRAY Technologies, Inc. (the "Company" or "ARRAY") (NASDAQ:ARRY) today announced that the company will release its third quarter 2024 results after the market close on Thursday, November 7th, 2024, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. The conference call can be accessed live over the phone by dialing (877)-869-3847 (domestic) or (201)-689-8261 (international). A telephonic replay will be available approximately three hours after the call by dialing (877)-660-6853, or for international callers, (201)-612-7415. The passcode for the live call and the replay is 13748999. The replay will be avai
Second Quarter 2024 Highlights Revenue of $255.8 millionGross Margin of 33.6%Adjusted gross margin of 35.0%(1)Net income to common shareholders of $12.0 millionAdjusted EBITDA(1) of $55.4 millionBasic and diluted net income per share of $0.08Adjusted diluted net income per share(1) of $0.20 ALBUQUERQUE, N.M., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ:ARRY) ("Array" or the "Company"), a leading provider of tracker solutions and services for utility-scale solar energy projects, today announced financial results for its second quarter ended June 30, 2024. "We finished the second quarter with strong performance and execution and are pleased with the continued demand we're
ALBUQUERQUE, N.M., July 18, 2024 (GLOBE NEWSWIRE) -- Array Technologies (the "Company" or "Array") (NASDAQ:ARRY) today announced that the company will release its second quarter 2024 results after the market close on Thursday, August 8ᵗʰ, 2024, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. The conference call can be accessed live over the phone by dialing (877)-869-3847 (domestic) or (201)-689-8261 (international). A telephonic replay will be available approximately three hours after the call by dialing (877)-660-6853, or for international callers, (201)-612-7415. The passcode for the live call and the replay is 13747649. The replay will be available unt
ALBUQUERQUE, N.M., June 12, 2024 (GLOBE NEWSWIRE) -- Today, Kevin G. Hostetler, chief executive officer of Array Technologies (NASDAQ:ARRY), a leading provider of tracker solutions and services for utility-scale solar energy projects, testified before the Congressional Joint Economic Committee. The hearing, "Made in America: The Boom in U.S. Manufacturing Investment," addressed the growth of the solar and manufacturing industries following the passage of the Inflation Reduction Act. Committee Chair, U.S. Senator Martin Heinrich (D-NM), joined Hostetler in April for the groundbreaking of Array's new $50 million manufacturing facility in Albuquerque, NM, which will employ 300 local resident
First Quarter 2024 Highlights Revenue of $153.4 millionGross Margin of 35.9%Adjusted gross margin of 38.3%(1)Net loss to common shareholders of $11.3 millionAdjusted EBITDA(1) of $26.2 millionBasic and diluted net loss per share of $0.07Adjusted diluted net income per share(1) of $0.06 ALBUQUERQUE, N.M., May 09, 2024 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ:ARRY) ("Array" or "the Company"), a leading provider of tracker solutions and services for utility-scale solar energy projects, today announced financial results for its first quarter ended March 31, 2024. "We started 2024 off strong as the momentum observed in the fourth quarter of 2023 continued into t
ALBUQUERQUE, N.M., April 18, 2024 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (the "Company" or "Array") (NASDAQ:ARRY) today announced that the company will release its first quarter 2024 results after the market close on Thursday, May 9th, 2024, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. The conference call can be accessed live over the phone by dialing (877)-869-3847 (domestic) or (201)-689-8261 (international). A telephonic replay will be available approximately three hours after the call by dialing (877)-660-6853, or for international callers, (201)-612-7415. The passcode for the live call and the replay is 13745730. The replay will be available
Fourth Quarter 2023 Financial Highlights Revenue of $341.6 millionNet income to common stockholders of $6.0 millionAdjusted EBITDA(1) of $48.2 millionBasic and diluted net income per share of $0.04Adjusted diluted net income per share(1) of $0.21$49.9 million of 45X benefit earned for 2023 torque tube deliveries; $9.3 million recognized during 2023 in the statement of operations Full Year 2023 Financial Highlights Revenue(2) of $1,576.6 millionNet income to common stockholders of $85.5 millionAdjusted EBITDA(1) of $288.1 millionBasic and diluted net income per share of $0.57 and $0.56Adjusted diluted net income per share(1) of $1.13Cash Flow from Operating Activities of $232.0 mill
ALBUQUERQUE, N.M., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (the "Company" or "Array") (NASDAQ:ARRY) today announced that the company will release its fourth quarter and full year 2023 results after the market close on Tuesday, February 27th, 2024, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. The conference call can be accessed live over the phone by dialing (877)-869-3847 (domestic) or (201)-689-8261 (international). A telephonic replay will be available approximately three hours after the call by dialing (877)-660-6853, or for international callers, (201)-612-7415. The passcode for the live call and the replay is 13743620. The repl
Third Quarter 2023 Highlights Revenue of $350.4 million(1)Net income to common shareholders of $10.1 millionAdjusted EBITDA(2) of $57.4 millionBasic and diluted net income per share of $0.07Adjusted diluted net income per share(2) of $0.21Executed contracts and awarded orders at September 30, 2023 totaling $1.6 billion (1) Revenue results exclude the impact of a ($20.1) million Brazil value-added tax benefit, Imposto sobre Circulação de Mercadorias e Servicos ("ICMS"), that has been reclassified and included in cost of revenues in the current year. This reclassification was determined to be appropriate after we evaluated the expected treatment of governmental incentives for the 45X manufac
4 - Array Technologies, Inc. (0001820721) (Issuer)
SC 13G/A - Array Technologies, Inc. (0001820721) (Subject)
SC 13G - Array Technologies, Inc. (0001820721) (Subject)
SC 13G - Array Technologies, Inc. (0001820721) (Subject)
SC 13G/A - Array Technologies, Inc. (0001820721) (Subject)
SC 13G - Array Technologies, Inc. (0001820721) (Subject)
SC 13G/A - Array Technologies, Inc. (0001820721) (Subject)
SC 13G/A - Array Technologies, Inc. (0001820721) (Subject)
SC 13G/A - Array Technologies, Inc. (0001820721) (Subject)
SC 13G/A - Array Technologies, Inc. (0001820721) (Subject)
SC 13G - Array Technologies, Inc. (0001820721) (Subject)
4 - Array Technologies, Inc. (0001820721) (Issuer)
4 - Array Technologies, Inc. (0001820721) (Issuer)
4 - Array Technologies, Inc. (0001820721) (Issuer)
4 - Array Technologies, Inc. (0001820721) (Issuer)
4 - Array Technologies, Inc. (0001820721) (Issuer)
3 - Array Technologies, Inc. (0001820721) (Issuer)
4 - Array Technologies, Inc. (0001820721) (Issuer)
4 - Array Technologies, Inc. (0001820721) (Issuer)
4 - Array Technologies, Inc. (0001820721) (Issuer)
4 - Array Technologies, Inc. (0001820721) (Issuer)
ALBUQUERQUE, N.M., Nov. 18, 2024 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ:ARRY) ("ARRAY" or the "Company"), a global leader in solar tracker technology, is proud to announce its strategic $3 million investment in Swap Robotics, a pioneer in utility-scale solar robotic operations, maintenance, and automation solutions. This investment aligns with ARRAY's ongoing commitment to innovation, sustainability, and its goal of future-proofing the business through new growth opportunities. Swap Robotics is currently in the process of closing a pre–Series A funding round targeting strategic investors, including ARRAY. With this investment, ARRAY positions itself at the forefront of the rapidly
ALBUQUERQUE, N.M., Nov. 18, 2024 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ:ARRY) ("ARRAY" or the "Company"), a global leader in solar tracker solutions, announces the appointment of Leonardo Serpa as general manager, Europe, the Middle East, and Africa (EMEA) and Héctor Sánchez as vice president of sales, EMEA. Both executives bring a wealth of experience to ARRAY's growing operations in Europe, the Middle East, and Africa. Serpa joins ARRAY after serving as chief executive officer at Essentia Energia, where he led negotiations with global solar and wind equipment suppliers. Sánchez was previously the vice president of sales for Soltec Trackers. "Leonardo's track record of driving
Third Quarter 2024 Highlights Revenue of $231.4 millionGross Margin of 33.8%Adjusted gross margin of 35.4%(1)Net loss to common shareholders of $(155.4) million Net loss to common shareholders inclusive of $162 million non-cash goodwill impairment charge associated with the 2022 STI acquisition Adjusted EBITDA(1) of $46.7 millionBasic and diluted net loss per share of $(1.02)Adjusted diluted net income per share(1) of $0.17 ALBUQUERQUE, N.M., Nov. 07, 2024 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ:ARRY) ("ARRAY" or the "Company"), a global leader in utility-scale solar tracking, today announced financial results for its third quarter ended September 30, 2024. "ARRAY had another imp
ALBUQUERQUE, N.M., Oct. 17, 2024 (GLOBE NEWSWIRE) -- ARRAY Technologies, Inc. (the "Company" or "ARRAY") (NASDAQ:ARRY) today announced that the company will release its third quarter 2024 results after the market close on Thursday, November 7th, 2024, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. The conference call can be accessed live over the phone by dialing (877)-869-3847 (domestic) or (201)-689-8261 (international). A telephonic replay will be available approximately three hours after the call by dialing (877)-660-6853, or for international callers, (201)-612-7415. The passcode for the live call and the replay is 13748999. The replay will be avai
ALBUQUERQUE, N.M., Sept. 10, 2024 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ:ARRY) ("ARRAY" or the "Company"), a global leader in utility-scale solar tracking, today announced the launch of a groundbreaking reusable packaging solution designed to replace traditional cardboard boxes with durable, reusable plastic casing. This innovative packaging is set to significantly reduce waste and contribute to the sustainability goals of ARRAY's customers. The new reusable bulk packaging is designed to maximize efficiency, allowing for the transportation of more tracker components per bulk compared to traditional cardboard packaging. This improvement allows more material to be shipped in each pa
Furthers Growth of Marathon Capital's Equity Capital Markets Offering Marathon Capital, a leading financial advisory and investment banking firm to the clean economy, has announced that James Fitzgerald has joined the firm as Head of Institutional Sales. Based in New York, Mr. Fitzgerald will be responsible for leading the continued rollout of Marathon Capital's Equity Research and Equity Capital Markets ("ECM") products. Mr. Fitzgerald was most recently Executive Director, Institutional Equity Sales at Tudor, Pickering, Holt & Co (the energy business of Perella Weinberg Partners), where he provided coverage and long-term relationship management of hedge fund, long only, family office, an
ALBUQUERQUE, N.M., Sept. 09, 2024 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ:ARRY) ("ARRAY" or the "Company"), a global leader in utility-scale solar tracking, is proud to announce the development of 77-degree stow capabilities for its tracker systems, the steepest stow angle for protective hail stow on the planet. This advanced tracker will offer unprecedented flexibility and protection from both hail and wind, further solidifying ARRAY's leadership in extreme weather solutions for the solar industry. As the solar industry and insurance partners increasingly require risk management strategies due to the rising frequency of multi-million-dollar hail damage, the need for reliable and e
Second Quarter 2024 Highlights Revenue of $255.8 millionGross Margin of 33.6%Adjusted gross margin of 35.0%(1)Net income to common shareholders of $12.0 millionAdjusted EBITDA(1) of $55.4 millionBasic and diluted net income per share of $0.08Adjusted diluted net income per share(1) of $0.20 ALBUQUERQUE, N.M., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ:ARRY) ("Array" or the "Company"), a leading provider of tracker solutions and services for utility-scale solar energy projects, today announced financial results for its second quarter ended June 30, 2024. "We finished the second quarter with strong performance and execution and are pleased with the continued demand we're
ALBUQUERQUE, N.M., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ:ARRY) ("Array" or the "Company"), a global leader in utility-scale solar tracking solutions, announced the launch of SkyLink, a revolutionary PV-powered wireless tracker system that builds on the capabilities of DuraTrack® and OmniTrack™️ offerings. Array DuraTrack with SkyLink™️ and Array OmniTrack with SkyLink™️ uphold the key benefits of Array trackers that our customers depend on with added flexibility and optimization. New features include: an eight linked-row architecture with passive wind mitigation, PV string-powered brushless DC motors, Zigbee wireless communication, and a suite of SmarTrack™ features
ALBUQUERQUE, N.M., July 18, 2024 (GLOBE NEWSWIRE) -- Array Technologies (the "Company" or "Array") (NASDAQ:ARRY) today announced that the company will release its second quarter 2024 results after the market close on Thursday, August 8ᵗʰ, 2024, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. The conference call can be accessed live over the phone by dialing (877)-869-3847 (domestic) or (201)-689-8261 (international). A telephonic replay will be available approximately three hours after the call by dialing (877)-660-6853, or for international callers, (201)-612-7415. The passcode for the live call and the replay is 13747649. The replay will be available unt
TD Cowen reiterated coverage of Array Tech with a rating of Hold and set a new price target of $10.00 from $11.50 previously
Guggenheim downgraded Array Tech from Buy to Neutral
BofA Securities downgraded Array Tech from Buy to Neutral and set a new price target of $7.00 from $11.00 previously
Jefferies resumed coverage of Array Tech with a rating of Buy and set a new price target of $11.00
TD Cowen reiterated coverage of Array Tech with a rating of Hold and set a new price target of $11.50 from $16.50 previously
ROTH MKM downgraded Array Tech from Buy to Neutral and set a new price target of $8.00 from $20.00 previously
Citigroup upgraded Array Tech from Neutral to Buy and set a new price target of $14.00 from $17.00 previously
Susquehanna initiated coverage of Array Tech with a rating of Positive and set a new price target of $14.00
Oppenheimer upgraded Array Tech from Perform to Outperform and set a new price target of $20.00
Barclays upgraded Array Tech from Equal Weight to Overweight and set a new price target of $18.00 from $15.00 previously
10-Q - Array Technologies, Inc. (0001820721) (Filer)
8-K - Array Technologies, Inc. (0001820721) (Filer)
8-K/A - Array Technologies, Inc. (0001820721) (Filer)
8-K - Array Technologies, Inc. (0001820721) (Filer)
8-K - Array Technologies, Inc. (0001820721) (Filer)
10-Q - Array Technologies, Inc. (0001820721) (Filer)
8-K - Array Technologies, Inc. (0001820721) (Filer)
8-K - Array Technologies, Inc. (0001820721) (Filer)
SD - Array Technologies, Inc. (0001820721) (Filer)
8-K - Array Technologies, Inc. (0001820721) (Filer)
During the last three months, 11 analysts shared their evaluations of Array Technologies (NASDAQ:ARRY), revealing diverse outlooks from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 5 4 0 0 Last 30D 0 1 0 0 0 1M Ago 1 2 0 0 0 2M Ago 0 0 2 0 0 3M Ago 1 2 2 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $17.36, a high estimate of $27.00, and a low estimate of $14.00. A negative shift
JP Morgan analyst Paul Coster maintains Array Technologies (NASDAQ:ARRY) with a Overweight and lowers the price target from $29 to $27.
Citigroup analyst Vikram Bagri upgrades Array Technologies (NASDAQ:ARRY) from Neutral to Buy and lowers the price target from $17 to $14.
Scotiabank analyst Tristan Richardson maintains Array Technologies (NASDAQ:ARRY) with a Sector Outperform and lowers the price target from $18 to $17.
Ratings for Array Technologies (NASDAQ:ARRY) were provided by 11 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 4 5 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 1 2 3 0 0 3M Ago 1 1 2 0 0 Analysts have recently evaluated Array Technologies and provided 12-month price targets. The average target is $16.91, accompanied by a high estimate of $22.00 and a low estimate of $13.00. A negative shi
Susquehanna analyst Biju Perincheril initiates coverage on Array Technologies (NASDAQ:ARRY) with a Positive rating and announces Price Target of $14.
A cooler-than-expected U.S. inflation report fueled a rally on Wall Street, ahead of the highly anticipated Federal Open Market Committee (FOMC) meeting at 2:00 p.m. Wednesday. What happened: Inflation slowed to 3.3% annually in May, below both the expected and previous rate of 3.4%. On a monthly basis, the Consumer Price Index (CPI) remained flat, below the anticipated 0.1% increase and a significant drop from April’s 0.3% rise. Additionally, the core measure of inflation, which excludes energy and food, weakened more than predicted. Annually, core inflation slowed from 3.6% to 3.4%, falling short of the 3.5% expectation. Why it matters: Lower-than-expected inflation data is bolste
Shares of Contango Ore, Inc. (NYSE:CTGO) fell sharply during Tuesday's session after the company announced pricing of $15 million underwritten public offering. Contango Ore shares dipped 18.4% to $20.34 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Trio Petroleum Corp. (NYSE:TPET) shares jumped 88.2% to $0.4254 after the company completed its first two exploratory wells. Airship AI Holdings, Inc. (NASDAQ:AISP) shares climbed 32.5% to $4.1599. Airship AI announced a six-figure sole-source contract award within the Department of Justice for Acropolis Enterprise Video and Data Management Platform. Blue World Acquisition Corporation (NASDAQ
ALBUQUERQUE, N.M., Nov. 18, 2024 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ:ARRY) ("ARRAY" or the "Company"), a global leader in solar tracker solutions, announces the appointment of Leonardo Serpa as general manager, Europe, the Middle East, and Africa (EMEA) and Héctor Sánchez as vice president of sales, EMEA. Both executives bring a wealth of experience to ARRAY's growing operations in Europe, the Middle East, and Africa. Serpa joins ARRAY after serving as chief executive officer at Essentia Energia, where he led negotiations with global solar and wind equipment suppliers. Sánchez was previously the vice president of sales for Soltec Trackers. "Leonardo's track record of driving
ALBUQUERQUE, N.M., June 05, 2024 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ:ARRY) ("Array" or the "Company"), a leading provider of tracker solutions and services for utility-scale solar energy projects, has named Neil Manning as president and chief operating officer. Manning will continue to report directly to Array's chief executive officer, Kevin G. Hostetler. He has previously served as the chief operations officer since January 2023. In addition to continuing his role overseeing Array's integrated supply chain function, Manning will assume end-to-end profit and loss (P&L) responsibility for Array's international operations. He will also lead Array's geographic expansion prioriti
Fusaro joins with over 30 years of experience in the solar, semiconductor and advanced materials industries Founder Devin Dilley will retain the title of President, and assume the role of Chief Product Officer working closely with Fusaro EPC Power, a leading U.S. provider of high-performance, utility-scale, smart inverters for the solar and storage industries, announced today that Jim Fusaro has been appointed by the Board of Directors and assumed the position of Chief Executive Officer effective April 15, 2024. Fusaro brings deep industry and management experience to lead the company through its next stage of growth, furthering its growing international customer base and expansion into
ALBUQUERQUE, N.M., Dec. 06, 2023 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ:ARRY) ("Array" or "the Company"), a leading provider of tracker solutions and services for utility-scale solar energy projects, has named Jessica Lawrence-Vaca as senior vice president, policy and external affairs. Lawrence-Vaca will report directly to Array's CEO, Kevin G. Hostetler. As a seasoned executive with more than 20 years of solar and government affairs experience, Lawrence‑Vaca will oversee all aspects of engagement with government officials to shape policy, drive brand awareness to propel growth and execute Array's sustainability strategy. She will also play a critical role in expanding Array's inv
ALBUQUERQUE, N.M., Nov. 08, 2022 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ:ARRY) ("Array"), a leading provider of tracker solutions and services for utility-scale solar energy projects, today announced the appointment of Tracy Jokinen to the Company's Board of Directors (the "Board"), replacing Ron Corio, effective on November 8, 2022. "We are tremendously excited to have Tracy join the Board of Directors. Tracy's strong financial prowess speaks for itself bringing to Array an impressive background in financial leadership roles. Tracy has served as the Chief Financial Officer for both public and private companies. In her past CFO roles, Tracy focused on accelerating growth which will
ALBUQUERQUE, N.M., Aug. 01, 2022 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (NASDAQ:ARRY) ("Array"), one of the world's largest providers of utility-scale solar tracker technology, has appointed Terrance Collins as chief human resources officer. Collins will report directly to Array's Chief Executive Officer (CEO) Kevin Hostetler. "Terrance brings to Array broad expertise in human resources rooted in driving transformational organizational change," said Kevin Hostetler, CEO of Array Technologies. "As we look towards the future of the company and continue to evolve our organization, we are confident in his abilities to help drive Array forward while ensuring our people are at the center
Thierry Marin-Martinod Appointed Chief Technology Officer Chief Marketing Officer Erica Brinker to Succeed Jeff Krantz as Chief Commercial Officer Newly Appointed Chief Revenue Officer Travis Rose to Lead Sales Growth ALBUQUERQUE, N.M., Dec. 20, 2021 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ:ARRY) ("Array"), one of the world's largest providers of utility-scale solar tracker technology, today announced an update to its executive leadership team, including the appointment of Thierry Marin-Martinod as Chief Technology Officer ("CTO"), effective December 20th. A highly accomplished CTO and engineering executive with over 30 years of domestic and international technology experience, M
ALBUQUERQUE, N.M., Aug. 16, 2021 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ:ARRY) ("Array"), one of the world's largest manufacturers of ground-mounted systems used in solar energy projects, today announced the appointment of Bilal Khan, Paulo Almirante and Gerrard Schmid to the Board of Directors, effective immediately. "We are thrilled to welcome Bilal, Paulo and Gerrard to the Board during this exciting period of rapid growth and innovation within Array and throughout the solar industry," said Brad Forth, Board Chairman of Array Technologies. "I am confident that the global technology and financial experience that they have acquired throughout their careers will benefit Array's c
ALBUQUERQUE, N.M., July 13, 2021 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ:ARRY) ("Array" or the "Company"), one of the world's largest manufacturers of ground-mounted systems used in solar energy projects, today announced that Ken Stacherski has been named Senior Vice President of Operations. In this role, Stacherski will oversee Array's global integrated supply chain strategy including raw material procurement, supply agreements, and manufacturing operations. Stacherski is an accomplished global supply chain leader with over three decades of experience developing and leading world-class operations. He joins Array from Honeywell's aerospace division, where he most recently served as
ALBUQUERQUE, N.M., May 11, 2021 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ:ARRY) ("Array"), one of the world's largest manufacturers of ground-mounted systems used in solar energy projects, today announced the appointment of Jayanthi "Jay" Iyengar to the Company's Board of Directors (the "Board"), replacing Peter Jonna, effective on May 10, 2021. "We are extremely excited to welcome Jay to the Board. Jay brings a plethora of experience in industrial and manufacturing technology which will help drive Array's product innovation. Jay's background is a natural fit for Array as we continue to execute against our growth strategy. We are fortunate to benefit from such a talented and diverse