Endurance Appoints Greg Wright to New CFO Position Endurance Appoints Greg Wright to New CFO Position

February 24, 2011

Continued Expansion at Endurance Results in New Finance Officer

Vancouver, BC February 24th 2011 – Endurance Wind Power, a leading manufacturer of wind turbines for the distributed wind turbine market, announced today the hiring of Greg Wright as its new Chief Financial Officer (CFO).

Mr. Wright is a seasoned executive with demonstrated ability in building high performance teams that improve efficiency and drive growth while maximizing profitability through the application of sound financial strategies and process re-engineering. He brings extensive international experience and expertise in corporate finance, financial leadership and public company reporting, including International Financial Reporting Standards.

“I am very excited for this opportunity to join Endurance Wind Power and continue my career in the clean energy space,” stated Mr. Wright. “The company has demonstrated impressive growth and I am looking forward to working with the team to continue growing our business worldwide.”

Most recently, Mr. Wright was VP of Finance for Alter NRG, a publicly traded alternative energy company. Prior to that, he was Chief Financial Officer with Ultrasonix Medical Corporation, a medical device company. Under Mr. Wright’s leadership, these companies experienced dramatic increases in reliability and timeliness with regard to internal and external financial reporting. In addition, he implemented new processes that improved operations and supported growth. Prior to these positions, Mr. Wright held various senior finance positions with Serono, a large multinational Biotech company based in Switzerland.

Throughout his career, Mr. Wright has gained extensive experience in corporate finance, as well as playing a key role in the public sale of companies on both North American and European exchanges. Mr. Wright holds a Bachelor of Commerce degree from the University of Calgary and is a Chartered Accountant.
“We received much interest regarding the CFO position and met with many qualified candidates, but I am confident that Greg Wright is best suited to fill the role as Chief Financial Officer. Greg’s previous experience in financial management and strategic planning will complement our executive team and his talent will carry the future financial strength of the company,“ said Glenn Johnson, CEO of Endurance Wind Power.

Last month, Endurance also hired Peter Tyszewicz as Chief Operating Officer. Peter was appointed to assume strategic leadership for Endurance Wind Power’s daily operations, engineering and manufacturing departments. With the addition of Peter and Greg to the management team, Endurance is now poised to continue its exponential growth in an efficient, cost-effective manner.

Endurance Wind Power is a manufacturer of advanced small wind turbines from 5 to 50kW in size, designed specifically for distributed wind power applications. Their line of modern, induction-based wind turbines brings efficient, reliable, safe and quiet, renewable energy within reach of homeowners, farmers, businesses and institutions across North America, the United Kingdom and an expanding global market.

If you would like more information about this topic, or to schedule an interview with Glenn Johnson, please call Brian Hanson at +1 604 579 9439 or email Brian at bhanson@endurancewindpowerinc.com

© 2010, Endurance Windpower.
www.endurancewindpowerinc.com

Posted by Brian on February 24, 2011

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