March 20, 2014 // Franchising.com // Energy Automation Systems ("EASI") is pleased to announce that Mary-Beth Army has joined the Company as Chief Financial Officer. Paul Bleiweis, CEO of EASI, said "We are thrilled to have someone with Mary-Beth's skills and experience join our team. She will play a key role in helping EASI continue to grow and establish itself as a leader in providing energy efficiency solutions for large industrial and commercial facilities".
Ms. Army has nearly 20 years of experience working as a CFO and in senior finance roles within growth stage companies similar to EASI. Most recently, Ms. Army was in a senior finance role with Healthtech Holdings, a rapidly growing software company with over $100 million in revenues which is focused on the healthcare market. Previously she was Chief Financial Officer for Hobby Lobby International, during a time when the company was in a rapid growth phase and was owned by a private equity firm. Ms. Army began her career in public accounting, and she is a CPA.
After an extensive search process, Bleiweis said that the board was pleased to select Ms. Army based on her professional experience and strong personal qualities. He said "Mary-Beth has demonstrated throughout her career that she has a broad skill set in finance and administration, and a work ethic and focus on continuous improvement which will be extremely valuable for EASI as we continue to grow, and as we strive to provide our existing customer base with an even broader range of energy conservation measures, and to bring our solutions to new market segments."
EASI is a portfolio company of Arborview Capital, an investment firm based in Chevy Chase, MD.
Energy Automation Systems, Inc., based in Hendersonville, TN, was established in 1982 and provides energy efficiency solutions comprising a range of energy conservation measures for large industrial and commercial facilities. EASI's customers often engage EASI over a period of years to implement projects at multiple facilities. The Company provides unique energy saving solutions which are well suited to the needs of corporate customers. EASI designs and implements systems with a full range of energy conservation measures (ECMs), which address all major load areas in facilities (motors, HVAC, refrigeration, lighting), and also address power quality issues. EASI designs solutions to meet customers' payback requirements (typically 2-3 year payback, with 10-30% annual energy savings), and then provides a savings guarantee underwritten by an A-rated insurance carrier. EASI's ECMs are also non-invasive (don't require changes to equipment), and primarily passive, meaning building occupants do not need to change their behavior. EASI has completed numerous projects with Fortune 500 customers. Additional information is available at www.energyautomation.com.
Arborview Capital is a private investment firm that makes growth equity investments in clean energy companies across the energy efficiency, resource efficiency and renewable energy sectors. The firm's principals have significant experience partnering with entrepreneurs to build industry-leading companies. Additional information is available at www.arborviewcapital.com.
SOURCE Energy Automation Systems, Inc.