Sunnova Appoints Paul Mathews as President & CEO

Key Highlights:

  • Paul Mathews appointed as President & CEO, effective immediately.

  • John Berger, Sunnova’s founder, steps down but remains an advisor.

  • Mathews to prioritize disciplined growth, cost efficiency, and enhanced customer experience.

  • Sunnova announces a $70M cost reduction and secures a $185M loan from JPMorgan.

  • C. Park Shaper named Chair of the Board.

Source: Business Wire

Notable Quotes:

“Paul is an experienced operator, a disciplined cost manager, and a proven leader with a deep understanding of the customer experience.”

Anne Slaughter Andrew, Director at Sunnova

“I am honored to step into this role and excited by the opportunities ahead of us.”

Paul Mathews, President & CEO at Sunnova

“Paul is the right leader to guide Sunnova into the future.”

John Berger, Founder & Former CEO at Sunnova

Why This Matters:

This leadership transition comes as Sunnova undertakes significant strategic changes to improve profitability and operational efficiency. With Mathews at the helm, the company is reinforcing its commitment to sustainable growth, customer satisfaction, and financial stability. His track record in operational excellence and cost management positions him well to lead Sunnova through its next phase of innovation and expansion in the residential solar and storage sector.