Beam Global Appoints Lisa Potok as Chief Financial Officer
07 Dicembre 2023 - 1:51AM
Beam Global, (Nasdaq: BEEM, BEEMW), a leading provider of
innovative and sustainable infrastructure solutions for the
electrification of transportation and energy security, announced
that Lisa Potok has joined the Beam Global executive team as chief
financial officer.
Ms. Potok is an innovative and strategically
focused financial executive with Fortune 500, small and
medium-sized company and international experience. She has
consistently contributed to growth in profitability while managing
public offerings, acquisitions and other strategic initiatives.
Immediately prior to her appointment at Beam Global, Ms. Potok was
the CFO, Treasurer and Secretary of Nice North America LLC,
previously known as Nortek Security & Control, LLC, one of the
largest smart residential, commercial and industrial solutions
manufacturing companies in the world. Ms. Potok’s previous
experience with publicly traded companies includes Newegg Inc., a
multi-billion-dollar revenue global tech company which she took
public in May 2021; Vice President of Global Finance at Club
Demonstration Services; and Vice President of Finance/Divisional
CFO at FTD, Inc.’s Provide Commerce division.
“Lisa Potok comes to us with international
financial leadership experience at companies with revenues in the
hundreds of millions and billions of dollars,” said Desmond
Wheatley, CEO of Beam Global. “We are at a point in our trajectory
where that sort of experience is going to be vital for us. Our
revenues are almost 300% higher than they were a year ago and our
growth into Europe, the world’s biggest market for our products,
means that we have to be planning for the next chapter in our
evolution. Lisa’s international experience is going to be vital for
us as our operations there evolve. Lisa is well respected within
the financial community and brings experience and relationships
which are excellent for where we are going. Kathy McDermott has
spent the last four years helping us build this growth platform and
I am very grateful for her expertise in growing and leading the
finance team through this period of expansion.
Ms. Potok succeeds Kathy McDermott, who is stepping
down from her CFO role to pursue other interests. Ms. McDermott has
served as Beam Global’s CFO since 2019 and will remain an avid
supporter of the Company. She will continue to work at Beam Global
through the remainder of 2023 and will be available thereafter as
an advisor as needed to ensure a seamless transition and the
ongoing success of Beam Global.
“I am thrilled to be joining an exciting and
growing company like Beam Global,” said Lisa Potok, CFO at Beam
Global. “I have been fortunate to hold leadership positions at
several companies which have experienced dramatic growth and I
believe that Beam Global has all the attributes which point to a
continuation of the trajectory that the Company has been on for the
last several years. We have unique and valuable products, a
successful focus on large and essential industries, a well-tested
and proven management team, and financial discipline which results
in our being well capitalized with no debt, an attractive cap table
and a strong balance sheet. I am looking forward to being a part of
the team that drives this Company to new heights, and I’m confident
that we have what it takes to get there.”
“The last four years have been incredibly rewarding
and I am grateful for the time and experience I have had at Beam
Global,” said outgoing CFO, Kathy McDermott. “We have grown this
company from a single facility firm generating $5 million in
revenues in 2019, to an international organization with facilities
in San Diego, Chicago and Europe and almost $50 million in revenues
in the first three quarters of this year. That is an extraordinary
rate of growth, and it has been both challenging and inspiring to
have held a leadership role throughout the process. I am confident
that Beam Global’s best years are ahead and that, under Desmond
Wheatley’s leadership, the Company will continue to go from
strength to strength.”
Ms. Potok brings 25 plus years of financial,
operational, board and leadership experience within both public and
private companies, domestic and internationally, in a variety of
industries including eComm, advertising, consumer goods, biotech,
medical devices and manufacturing. Ms. Potok is an active CPA,
holds a Bachelor of Arts with emphasis in Accounting from Hillsdale
College in Hillsdale, MI and a Master of Business Administration
from The Paul Merage School of Business, University of California,
Irvine.
About Beam Global
Beam Global is a clean technology innovator which
develops and manufactures sustainable infrastructure products and
technologies. We operate at the nexus of clean energy and
transportation with a focus on sustainable energy infrastructure,
rapidly deployed and scalable EV charging solutions, safe energy
storage and vital energy security. With operations in the U.S. and
Europe, Beam Global develops, patents, designs, engineers and
manufactures unique and advanced clean technology solutions that
power transportation, provide secure sources of electricity, save
time and money and protect the environment. Headquartered in
San Diego with facilities in Chicago, Belgrade and
Kraljevo, Beam Global has a deep patent portfolio and is
listed on Nasdaq under the symbols BEEM and BEEMW. For more
information visit BeamForAll.com, LinkedIn, YouTube and X (formerly
Twitter).
Forward-Looking Statements
This Beam Global Press Release may contain
forward-looking statements. All statements in this Press Release
other than statements of historical facts are forward-looking
statements. Forward-looking statements are generally accompanied by
terms or phrases such as “estimate,” “project,” “predict,”
“believe,” “expect,” “anticipate,” “target,” “plan,” “intend,”
“seek,” “goal,” “will,” “should,” “may,” or other words and similar
expressions that convey the uncertainty of future events or
results. These statements relate to future events or future results
of operations, including, but not limited to the following
statements: statements regarding the acquisition of Amiga, its
expected benefits, and the anticipated future financial performance
as a result of the acquisition. These statements are only
predictions and involve known and unknown risks, uncertainties and
other factors, which may cause Beam Global's actual results to be
materially different from these forward-looking statements. Except
to the extent required by law, Beam Global expressly disclaims any
obligation to update any forward-looking statements.
Media Contact:Skyya PR+1
651-335-0585Press@BeamForAll.com
Investor Relations:Core IR+1
516-222-2560IR@BeamForAll.com
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