Tecogen Appoints Roger Deschenes as CFO

Rhea-AI Summary

Tecogen (NYSE American:TGEN), a clean energy products manufacturer, has appointed Roger Deschenes as its new Chief Financial Officer and Treasurer. Deschenes, who previously served as the company's Chief Accounting Officer, brings extensive public company experience from his prior roles as Division CFO at L3 Security, CFO at Implant Sciences Corporation, and CAO at Saucony.

CEO Abinand Rangesh highlighted Deschenes' 5-year tenure with Tecogen's finance team and expressed confidence that this appointment will strengthen the company's financial systems and support its growth initiatives.

Positive

• Appointment of experienced CFO with extensive public company background
• Internal promotion showcasing succession planning and talent retention
• Focus on improving financial systems and controls

Negative

• None.

NORTH BILLERICA, MA / ACCESS Newswire / July 28, 2025 / Tecogen Inc. (NYSE American:TGEN) a leading manufacturer of clean energy products, today announced that Roger Deschenes, our Chief Accounting Officer, has been appointed as CFO and Treasurer of the company. Prior to joining Tecogen, Roger was the Division CFO of L3 Security, a subsidiary of L3 Harris Technologies (LHZ), CFO of Implant Sciences Corporation (IMSC) and CAO of Saucony, Inc. (SCNYA).

"Roger has been an instrumental part of the Tecogen finance team for the last 5 years. Roger has many years of public company experience, both as CFO and CAO," said Abinand Rangesh, Tecogen's CEO "I believe this appointment is a key step for the company to continue improving financial systems and segregation of duties. I look forward to working with Roger in continuing to grow Tecogen."

About Tecogen

Tecogen designs, manufactures, sells, installs, and maintains high efficiency, ultra-clean, cogeneration products including engine-driven combined heat and power, air conditioning systems, and high-efficiency water heaters for residential, commercial, recreational and industrial use. The company provides cost effective, environmentally friendly and reliable products for energy production that nearly eliminate criteria pollutants and significantly reduce a customer's carbon footprint. In business for over 35 years, Tecogen has shipped more than 3,200 units, supported by an established network of engineering, sales, and service personnel in key markets in North America. For more information, please visit www.tecogen.com or contact us for a free Site Assessment.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 and other federal securities laws that involve a number of risks and uncertainties. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "believe," "expect," "anticipate," "intend," "plan," "estimate," "project," "target," "potential," "will," "should," "seek," "could," "likely," "may," "pro forma," "anticipate," "continue," or other variations thereof (including their use in the negative), or by discussions of strategies, plans or intentions. All statements, other than statements of historical fact included in this press release regarding our strategy, future operations, future financial position, future revenues, projected costs, prospects and plans and objectives of management are forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements. Given these uncertainties, you should not place undue reliance on these forward-looking statements. Forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements.

In addition to those factors described in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and in our Form 8-K, under "Risk Factors," among the factors that could cause actual results to differ materially from past and projected future results are the following: fluctuations in demand for our products and services, competing technological developments, issues relating to research and development, the availability of incentives, rebates, and tax benefits relating to our products and services, changes in the regulatory environment relating to our products and services, integration of acquired business operations, and the ability to obtain financing on favorable terms to fund existing operations and anticipated growth.

Tecogen Media & Investor Relations Contact Information:

Abinand Rangesh, CEO
P: 781-466-6487
E: Abinand.Rangesh@tecogen.com

SOURCE: Tecogen, Inc.

View the original press release on ACCESS Newswire

FAQ

Who is the new CFO of Tecogen (TGEN)?

Roger Deschenes has been appointed as the new CFO and Treasurer of Tecogen. He previously served as the company's Chief Accounting Officer.

What is Roger Deschenes' experience before joining Tecogen (TGEN)?

Before Tecogen, Deschenes served as Division CFO of L3 Security (L3 Harris Technologies subsidiary), CFO of Implant Sciences Corporation, and CAO of Saucony.

How long has Roger Deschenes been with Tecogen (TGEN)?

Roger Deschenes has been an instrumental part of Tecogen's finance team for 5 years prior to his CFO appointment.

What are the expected benefits of Roger Deschenes' appointment as Tecogen CFO?

According to CEO Abinand Rangesh, the appointment is expected to help improve financial systems, enhance segregation of duties, and support Tecogen's continued growth.