FTC Solar Appoints Anthony Carroll to Board of Directors

Rhea-AI Summary

FTC Solar (Nasdaq: FTCI) appointed Anthony Carroll to its Board of Directors, effective December 15, 2025.

Mr. Carroll currently serves as CEO of Veev, a Lennar subsidiary focused on efficient, sustainable homebuilding, and previously held senior roles at Powin, Siemens Gamesa Electric, Schneider Electric, and Power Electronics. The company said his renewables and growth‑business experience will support FTC Solar's execution and position in the global solar tracker market.

AUSTIN, Texas, Dec. 15, 2025 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading global provider of solar tracker systems, software, and engineering services, today announced the appointment of Anthony Carroll to its Board of Directors, effective December 15, 2025.

“We are excited to welcome Anthony to the Board,” said Shaker Sadasivam, Chairman of the Board, FTC Solar. “Anthony’s broad renewables experience and proven track record in building and guiding growth businesses will make him a valuable addition to our Board. We look forward to his many contributions as the company continues to execute on priorities and strengthen its position in the global tracker market.”

Mr. Carroll is currently the CEO of Veev, a fully owned subsidiary of Lennar focused on efficient and sustainable homebuilding. Prior to joining Veev in early 2024, he was the President of Powin, a global leader in energy storage systems. Before joining Powin in 2022, he served as Managing Director at Siemens Gamesa Electric, leading the Power Conversion and Energy Storage business in North America. Earlier in his career, he served in leadership roles for Schneider Electric and Power Electronics. He holds an MBA from Rey Juan Carlos University in Madrid and a Licentiate degree from the University of Valencia.

“I’m truly excited to join the FTC Board of Directors at an incredibly exciting time for the company and the industry,” said Anthony Carroll. “FTC Solar is well-positioned with innovative and differentiated technology and an incredible team. I look forward to supporting their growth and progress in the years ahead.”

About FTC Solar Inc.
Founded in 2017 by a group of renewable energy industry veterans, FTC Solar is a leading provider of solar tracker systems, technology, software, and engineering services. Solar trackers significantly increase energy production at solar power installations by dynamically optimizing solar panel orientation to the sun. FTC Solar’s innovative tracker designs provide compelling performance and reliability, with an industry-leading installation cost-per-watt advantage.

Forward-Looking Statements
This press release contains forward looking statements. These statements are not historical facts but rather are based on our current expectations and projections regarding our business, operations and other factors relating thereto. Words such as “may,” “will,” “could,” “would,” “should,” “anticipate,” “predict,” “potential,” “continue,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates” and similar expressions are used to identify these forward-looking statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. You should not rely on our forward-looking statements as predictions of future events, as actual results may differ materially from those in the forward-looking statements because of several factors, including those described in more detail above and in our filings with the U.S. Securities and Exchange Commission, including the section entitled “Risk Factors” contained therein. FTC Solar undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.

FTC Solar Investor Contact:
Bill Michalek
Vice President, Investor Relations
FTC Solar
T: (737) 241-8618
E: IR@FTCSolar.com

FAQ

Who is Anthony Carroll and why was he appointed to the FTC Solar (FTCI) board on December 15, 2025?

Anthony Carroll is CEO of Veev with prior leadership roles at Powin and Siemens Gamesa Electric; he was appointed for his renewables and growth‑business experience.

When does Anthony Carroll's board appointment at FTC Solar (FTCI) take effect?

The appointment takes effect on December 15, 2025.

How might Anthony Carroll's background at Veev and Powin influence FTC Solar (FTCI)?

His experience in energy storage and sustainable homebuilding may provide strategic insight into scale, integration, and growth in renewables.

Will Anthony Carroll's appointment change FTC Solar's leadership team or day‑to‑day management?

The announcement names him as a board member; it does not state any changes to executive management or operational roles.

Does the FTC Solar (FTCI) press release state any new strategic initiatives tied to Anthony Carroll's appointment?

The release highlights his expected contributions to execution and market position but does not announce specific new initiatives.

What qualifications does Anthony Carroll hold that are noted in the FTC Solar (FTCI) announcement?

The announcement notes an MBA from Rey Juan Carlos University and a Licentiate degree from the University of Valencia, plus senior industry roles.