On the move at TPI Composites, BRG, American Lung Association, ACCEL

Business News | 13 Mar, 2020 |

TPI Composites, Inc. announces executive promotions

TPI Composites, Inc., (TPI), the only independent manufacturer of composite wind blades with a global footprint, announced today that William E. Siwek, currently President, has been appointed President and Chief Executive Officer, effective May 20, 2020, coinciding with TPI’s 2020 Annual Meeting of Stockholders.  Mr. Siwek also has been nominated to stand for election to join TPI’s Board of Directors, effective May 20, 2020.

Steven C. Lockard, whose career at TPI began in 1999 and who has served as CEO since 2004, has been nominated for a new three-year term as Director and, if elected, will become Chairman of the TPI Board, effective May 20, 2020.  Steve will also serve as Chairman of a newly formed Technology Committee of the Board to oversee the company’s innovation efforts for both wind and transportation markets.

Paul Giovacchini, the Company’s current Chairman of the Board, will assume the role of Lead Independent Director of TPI’s Board of Directors, effective May 20, 2020.

Mr. Giovacchini commented, “Bill’s appointment as CEO is part of our succession planning efforts to ensure that TPI remains well positioned to execute on its long-term strategic goals.  Bill has built a great team and demonstrated tremendous leadership in his prior roles as President and Chief Financial Officer at TPI which will serve us well as he leads TPI going forward.”

Lockard added, “Bill has been an exceptional business partner and leader since joining TPI’s executive team in 2013.  He is uniquely qualified to lead TPI as our CEO through the company’s next phase where our focus will be on execution, transition speed, margin expansion, diversification and free cash flow generation.”

“I look forward to leading TPI and the incredible team we have assembled and continuing to build value for all of our stakeholders including our stockholders, customers, associates and the communities in which we operate. I also am excited to continue collaborating with Steve as TPI’s Chairman on our strategy and development of the company’s advanced technology,” remarked Bill Siwek. 

“Steve was the driving force behind TPI’s tremendous growth during his tenure as CEO.  We look forward to his continued leadership and strategic guidance in his new role as Chairman of the Board” added Mr. Giovacchini. 

“I am excited about the next phase of TPI’s growth and will continue to fully support the TPI leadership team, our customers and the industry in any way that I can,” remarked Mr. Lockard.

In 2019, TPI exceeded $1.4B in revenue and 18% global onshore wind market share.  The company has over 13,000 employees, 18GW of blade capacity within 6 million square feet of manufacturing space in 13 plants around the world.

Jennifer Mannino joins BRG

Berkeley Research Group (BRG) announced today that Jennifer Mannino has joined the firm’s Transaction Advisory practice as a managing director in Phoenix. She specializes in intelligence gathering and investigative strategy, overseeing integrity due diligence checks for alternative investment transactions. 

With more than 23 years of experience in regulated industries, Mannino focuses on identifying reputational risks, conflicts of interest and unethical business practices that affect new investments and add-on acquisitions. She advises clients on procedures related to organizational background checks and methodologies to validate business relationships and beneficial ownership. 

“Jennifer brings over two decades of experience and has impressive expertise in identifying complex challenges and providing smart solutions across highly sophisticated industries,” said BRG President Tri MacDonald. “She is an outstanding addition to our Transaction Advisory team as she continues to help protect the integrity of investments and help our clients stay ahead of what’s next.” 

Before joining BRG, Mannino led in-house business units and external consultancy teams that focused on due diligence and investigative solutions and strategies. She has extensive experience across industries including legal, financial, healthcare, pharmaceutical, private equity, real estate, oil and gas, auto and retail. 

“Even with the technological advancements over the past couple of decades, it has never been more important for companies to bring in seasoned advisors who can help them fully vet transactions,” Mannino said. “I’m excited to offer those services and deliver smart ideas and executable strategies to clients as a member of BRG’s impressive team of experienced and diverse professionals.” 

“Jennifer’s long-term relationships with private equity clients have made for a seamless transition into the Transaction Advisory team,” said Managing Director Dan Galante, a leader of the Transaction Advisory practice. “Her expertise in integrity due diligence has already helped our clients in their M&A activity.”

Mannino was named one of Arizona’s Most Influential Women by AZ Media in 2019 and recognized in the “40 Under 40” best of younger business leaders making an impact in the Phoenix area by the Phoenix Business Journal in 2014. She is certified in Prosci Change Management (ADKAR Model) and as a Leading Professional in Ethics & Compliance (LPEC) by the Ethics & Compliance Initiative (ECI).

Elizabeth Walton named executive director for American Lung Association

he American Lung Association is proud to welcome Elizabeth Walton as Executive Director for Arizona. This crucial leadership role engages directly with the community and state agencies to guide lung-friendly policies and raise funds to further our mission to save lives by improving lung health and preventing lung disease.

“We are elated to welcome Elizabeth to this important position serving the entire state of Arizona,” said Tammy Rocker, American Lung Association National Executive Vice President. “Elizabeth’s passion for the region along with her education and experience will strengthen our work throughout the state, and her hiring marks an important moment for the Lung Association in Arizona.”

Elizabeth has been working in fundraising and development since 2004. Prior to joining the American Lung Association, Elizabeth served as the Marketing Manager at Food for the Hungry, an international relief and development organization operating in 21 countries. She has served in various leadership roles within the nonprofit industry including Sun Health Foundation, The Phoenix Symphony and March of Dimes. Elizabeth has a strong background and proven results in donor stewardship, event fundraising, annual fund development and strategic planning. Elizabeth is a Certified Fundraising Executive (CFRE), and earned a Bachelor of Business Administration with a concentration in Marketing from Cleveland State University.  

In her new position, Elizabeth will focus on bringing Arizona communities together around the organization’s core mission – working seamlessly on community building events and engagement. Working in concert with the Lung Association’s award winning programs and advocacy efforts, Elizabeth will lead on issues concerning public health, youth smoking and e-cigarette use as well as improving air quality, while raising much-needed funds to support all those with lung disease or at risk of lung disease.

ACCEL expands leadership team, hires Mitchell Moore

Arizona Centers for Comprehensive Education and Life Skills (ACCEL), a private, nonprofit organization serving children and adults who have developmental disabilities, including autism spectrum disorder, behavior disorders and intellectual disabilities, has announced Mitchell Moore as its new chief financial officer.

Moore brings more than 25 years of experience working with fast-paced, growing organizations in diverse industries, including two decades of experience as a senior financial leader in the transportation industry. He transitioned into the nonprofit sector in 2015, serving as chief administrative officer and CFO at Foundation for Senior Living. In that role, Moore was responsible for ensuring the financial strength of the organization and managed all matters related to policy, procedure and practice for administrative execution in several departments for the $30 million, 400-employee statewide organization. 

“Mitch brings decades of experience helping high-level organizations with progressive strategic and operational oversight,” says Ray Damm, CEO of ACCEL. “He is a fantastic addition to our team and we’re thrilled to have his expertise as we continue to help individuals who have developmental disabilities achieve a life of dignity and self-worth.” 

Moore has degrees in business and the arts from Mesa Community College and attended California State University-Bakersfield for finance and philosophy. He was also recognized by Financial Executives International as the Arizona CFO of the Year for Mid-sized Company in 2018 for his financial and operational expertise.

Moore has also been active in several boards and organizations including Antelope Valley Unified High School District, Arizona School Board Task Force for Teacher Retention and Recruitment, Mandela Washington Fellowship, Flinn-Brown Civic Leadership Academy, Suns Charities 88 and Social Service Contractors Indemnity Pool. He also served as the board treasurer for Educare Arizona and is a director for Social Spin, leveraging laundromats to create healthy and employed communities.

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