SUNWORKS HIRES CHIEF FINANCIAL OFFICER

Oct 20, 2021

Sunworks Significantly Bolsters Senior Leadership Team with Jason Bonfigt as CFO

Sunworks, Inc. (NASDAQ:SUNW), a provider of solar power and battery storage solutions for residential, agriculture, commercial, industrial, and public works markets, recently announced two key additions to the senior management team. These two additions are proven and experienced leaders that will help drive profitable growth and operational efficiency. Following the combination with Solcius, these additions bolster Sunworks’ executive team as the Company strives to move toward accelerating profitable growth.

Jason Bonfigt was appointed as Sunworks Chief Financial Officer and treasurer on October 5, 2021. Mr. Bonfigt joins Sunworks from Broadwind, Inc. (NASDAQ: BWEN), where he served as Chief Financial Officer and Treasurer. Broadwind is a manufacturer of structures, equipment, and components for clean tech and other specialized applications. Previously, he served as the Corporate Controller and Chief Accounting Officer, as well as in various financial, accounting, and operational roles. Prior to joining Broadwind, Mr. Bonfigt held a series of finance positions at Schneider National, a Wisconsin-based trucking and logistics company. He is a certified public accountant and holds a bachelor’s degree in accounting and finance from the University of Wisconsin-Green Bay, as well as an MBA from the Kellogg School of Business at Northwestern University.

“I believe Sunworks is ideally positioned for growth, as an established leader in the residential space with significant opportunity within the commercial and industrial sectors of the industry,” commented Mr. Bonfigt. “Its scale, national presence, and the proven operational expertise from Solcius gives Sunworks the potential to drive supply chain efficiencies as well as cross-selling processes to maximize the growth opportunity. I look forward to contributing to this effort.”

“Sunworks continues to augment its leadership to facilitate profitable and sustainable growth, and Jason and Wayne will play key roles in our development,” commented Gaylon Morris, Chief Executive Officer of Sunworks. “Jason brings a depth of operational and financial expertise to Sunworks, with a specific background in clean tech. Wayne has proven himself as a leader and a strategic thinker at Solcius. Sunworks views security as a key part of our sustainability plan, and as CIO, Wayne will be responsible for developing processes and technical solutions to safeguard our systems, protect customer information and mitigate potential disruptions. As we continue to grow, technology will play an increasingly important role in our ability to scale, and that requires rigorous diligence to ensure sustainability and performance.”

View the full press release published by SunWorks here.

ON Partners consultants Tim Conti and Omeed Veiseh are proud to have partnered with Sunworks and Jason Bonfigt on this successful placement. View more finance placements here.

About Sunworks

Sunworks, Inc. (NASDAQ:SUNW) is a premier provider of high performance solar power systems. Sunworks is committed to quality business practices that exceed industry standards and uphold its ideals of ethics and safety. Sunworks continues to grow its presence, expanding nationally with regional and local offices. The company strives to consistently deliver high quality, performance-oriented solutions for customers in a wide range of industries including residential, agricultural, commercial and industrial, federal, and public works. Sunworks’ diverse, seasoned workforce includes distinguished veterans who bring a sense of pride, discipline, and professionalism to their interaction with customers. Sunworks asks all of its employees to uphold its guiding principles each day. Sunworks is a member of the Solar Energy Industries Association (SEIA) and is a proud advocate for the advancement of solar power. For more information, visit www.sunworksusa.com and www.solcius.com

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