Company Organizing to Capitalize on Global Growth of the Smart Grid
June 24, 2010, Redwood City, CA – Silver Spring Networks, a leading provider of smart grid solutions, today announced Warren Jenson has been named Chief Operating Officer (COO) of the Company. In this newly formed office, Warren assumes responsibility for all aspects of operations, including product development, manufacturing, quality and services.
“We have experienced strong growth and Warren’s appointment as COO is a natural step in the progression of our company,” said Scott Lang, President, Chairman and CEO of Silver Spring Networks. “Warren’s contributions and leadership over the past two years have been pivotal to our growth and success, making him the right choice to serve as our COO.”
“This is a transformational time for our industry and I’m excited to be working even more closely with our utility clients to help them realize the benefits of the smart grid,” said Warren Jenson. “Our new organizational structure will accelerate our ability to meet global demand for our smart grid solutions.”
Warren will continue to serve as the Company’s Chief Financial Officer until his replacement is named. He has over 25 years of experience guiding industry-leading companies through product and service expansion and globalization. He has been recognized for his visionary leadership by Institutional Investor, having been named as one of the best CFOs in America. Before joining Silver Spring, Warren served as CFO for Electronic Arts, Amazon.com and Delta Air Lines. Prior to that, he held several positions as part of the General Electric Company, including CFO and Senior Vice President of the National Broadcasting Company.
About Silver Spring Networks
Silver Spring Networks is a leading Smart Grid solutions provider that enables utilities to achieve operational efficiencies, reduce carbon emissions and empower their customers with new ways to monitor and manage their energy consumption. Silver Spring provides the hardware, software and services that allow utilities to deploy and run multiple advanced applications, including Smart Metering, Demand Response, Distribution Automation and Distributed Generation, over a single, unified network. Silver Spring’s Smart Energy Platform is based on open, Internet Protocol (IP) standards, allowing continuous, two-way communication between the utility and devices on the grid. Silver Spring has numerous deployments with leading utilities in the US and abroad, including Florida Power & Light, Pacific Gas & Electric, Pepco Holdings, Inc., Jemena Electricity Networks Limited and United Energy Distribution, among others. For additional information, please visit www.silverspringnet.com.
Silver Spring Networks