eIQ Energy has appointed Jerry Cutini as its new president and chief executive officer. Former board member Cutini will be charged with leading the company into a new stage of growth and preparing it for MW-scale deployment.
As long-time technology company executive and board member, Cutini brings to his new role a wealth of experience in sales, marketing, company operations and M&A. From 2003 to 2009, Cutini served as chairman, CEO and president of Aviza Technology, leading the semiconductor equipment company through a divestiture from its parent company ASML Holding NV and increasing its annual revenue to nearly US$250 million. In his career to date he has raised more than US$250 million from public and private investors, while also playing a key role in two successful initial public offerings.
“I'm very excited to be able to lead eIQ Energy’s management team into this exciting new growth phase,” Cutini said. “The team has done an excellent job of getting the product through development and ready for MW-scale deployment. I look forward to becoming part of the team and helping to drive the company through the upcoming growth stages we are entering as a result of their early efforts.”
Former eIQ CEO Oliver Janssen will remain with the company as chief business development officer, and will work closely with Cutini to further develop the company’s market, customers and strategic partners.
“It has been truly gratifying to be able to be part of this company’s evolution since 2008, when it was still in stealth mode, to the point during the past year when we began to secure major customer and partner commitments. I’m looking forward to working with Jerry to continue building upon the company’s recent momentum,” Janssen added.