Charles F. Cargile has been the Chief Executive Officer of the Company since March
2017. Mr. Cargile is also a Director of the Company, a position he has held since
September 2016. From July 2016 to September 2016, Mr. Cargile served as an Executive
Advisor to MKS Instruments which acquired Newport Corporation (“Newport”)
in April 2016. Prior to that, since 2000, Mr. Cargile served in various capacities
at Newport including Chief Financial Officer, Vice President and Senior Vice President.
In addition, Mr. Cargile served as Treasurer of Newport from April 2013 until
Newport’s acquisition and previously from February 2005 until April 2010.
Prior to joining Newport, Mr. Cargile served in various capacities at York International
Corporation (now a division of Johnson Controls, Inc.) since 1998 including Vice
President, Finance and Corporate Development and Corporate Controller and Chief
Accounting Officer. From February 1995 to November 1998 Mr. Cargile served as
Corporate Controller and Chief Accounting Officer of Flowserve Corporation (“Flowserve”)
and was employed by Flowserve in various other capacities prior to February 1995.
Mr. Cargile currently serves on the board of directors of Photon Control and is
a member of the Audit Committee and Chairman of the Compensation Committee.
Mr. Cargile qualifies to serve on the Company’s Board because of his
experience as an executive and his financial background.
Paul C. McDonnel joined the Company in September 2016 as its Chief Financial
Officer. Prior to joining Sunworks, Mr. McDonnel has served as the President
of Vulcan Prevision Linings since 2010. From 2009 until 2010 Mr. McDonnel served
as the Chief Operating Officer of Franklin Convey Products, LLC. From 2006 until
2009 he served as the Controller & Chief Financial Officer of Arrowhead
Research Corp., (NASDAQ: ARWR). From 2003 until 2005 Mr. McDonnel served as
the Chief Executive Officer of Quality Imaging Products, and from 1999 until
2003 he served as the Chief Financial Officer and Senior Manager-Operations
of Recall Secure Destruction Services. From 1994 to 1998 Mr. McDonnel served
as the VP of Operations and Chief Operating Officer of Reid Plastics, Inc. (“Reid”).
From 1990 until 1994 he served as Reid’s Chief Financial Officer. From
1987 to 1990 Mr. McDonnel served as the Vice President of Finance of Trojan
Enterprises. From 1982 until 1987 he served in the audit practice of the Small
Business Division of the Los Angeles office of Arthur Andersen & Co. Mr.
McDonnel received both a Master of Arts - Management Accounting and Bachelor
of Science – Accounting from Brigham Young University. Mr. McDonnel is
a Certified Public Accountant in the State of California.
James B. Nelson has been a director for the Company since October 2010. Mr.
Nelson served as the Chief Executive Officer of the Company from October 2010
until March 2017. Mr. Nelson also served as Interim Chief Financial Officer
from August 2012 until February 2014. Mr. Nelson began his executive career
30 years ago at Bain and Company, a business strategy consulting firm, where
he managed teams of consultants on four continents solving CEO-level programs
for global companies. Prior to joining Sunworks, he spent 20 years working in
the private equity industry as both a capital partner and operating CEO to portfolio
companies. Mr. Nelson was a general partner at Peterson Partners (2007-2009)
and at Millennial Capital Partners (1991-2010—previously known as Invest
West Capital). In addition to his responsibilities in acquisition and divestiture,
Mr. Nelson worked as an executive of several portfolio companies. He served
as chief executive officer of Euro-Tek Store Fixture, LLC, chairman of the board
of American Retail Interiors, chairman of the board and chief executive officer
of Panelview Inc. and chairman of the board of Critical Power Exchange, as well
as sitting on numerous boards both in and out of the private equity funds’
portfolios. Prior to his years in private equity, Mr. Nelson served as Vice
President of Marketing at Banana Republic/The Gap, where he managed company-wide
marketing, as well as the initial international expansion of Banana Republic.
He was also general manager for Banana Republic’s catalog division. He
also served as Vice President of Marketing and Corporate Development at Saga
Corporation, a multi-billion dollar food service company. Mr. Nelson received
his MBA from Brigham Young University, where he graduated summa cum laude and
was named the Outstanding Master of Business Administration Graduate.
The Board believes that Mr. Nelson is qualified to serve as a director because
of his extensive experience as an executive and as a strategic consultant.
Frank Hunt has served as a director of the Company since December 2014. Mr.
Hunt is the owner of Hunt Business Consulting, a company that provides consultation
to companies regarding current requirements under GAAP, where Mr. Hunt provides
consulting service since 2010. Mr. Hunt has over 30 years of experience as a
CPA and served as a member (partner) of HJ & Associates, LLC, a public accounting
firm, from 1995 to 2010. Mr. Hunt has previously served on the board and advisory
committee for both public and private companies. Currently, Mr. Hunt is serving
on the advisory board for Independent Stock Market and American Gunity companies.
Mr. Hunt served as the Audit Committee Chairman for Cereplast, Inc., a public
company, from September 2010 until March 2014. Mr. Hunt received a Bachelor
of Science degree from Brigham Young University.
Mr. Hunt’s thirty years of experience in public accounting bring to the
Board a broad knowledge of public finance, audit processes, and compliance expertise.
Shane Mace has served as a director of the Company since October 2015. Since
2004, Mr. Mace has been a member owner of Buffalo Hump, LLC, based in Meridian,
Idaho, which is engaged in real estate development and property management.
In 2013, Mr. Mace became a member owner of Long Rod Equipment, LLC, also based
in Meridian, Idaho, which is engaged in aircraft and construction equipment
leasing. Immediately prior to his current positions, from 2002-2012, Mr. Mace
was the Founder, President, and Chief Executive Officer of Track Utilities,
LLC (“Track”) in Meridian, Idaho. Track provides mission-critical
electric and telecommunications infrastructure services in the Northwest and
Intermountain West through its skilled labor force. Mr. Mace holds a BS degree
in finance from the College of Idaho and is well versed in financial statements
and analysis with more than twenty-six (26) years of experience performing accounting
and financial tasks.
Mr. Mace qualifies to serve on the Company’s Board of Directors because
of his extensive experience as a member/owner of other businesses and his accounting
and financial background.
Rhone Resch has served as a director of the Company since November 2016. Mr.
Resch is currently President and CEO of The Energy Advisors. From 2004 to 2016,
Mr. Resch served as the President and Chief Executive Officer of Solar Energy
Industries Association. From 1998 until 2004, he served as the Senior Vice President
of Natural Gas Supply Association, and from 1994 until 1998 he served as the
Program Manager of the United State Environmental Protection Agency –
Office of Air and Radiation. From 1992 until 1994 Mr. Resch served as a Senior
Analyst at Project Performance Corporation. Mr. Resch received a Bachelor of
Arts, English/Natural Resources from the University of Michigan, a Master of
Environmental Science from State University of New York and a Master of Public
Administration, Management from Syracuse University.
Sunworks Inc currently has 80 employees.
