OhmConnect Expands Executive Team with Appointment of David Cooper as Chief Financial Officer

News provided by

Aug 11, 2022, 08:38 ET

Former Ripple Foods Exec Brings Extensive Financial Management Experience as OhmConnect Enters Next Phase of Growth

OAKLAND, Calif., Aug. 11, 2022 /PRNewswire/ -- OhmConnect, the leading provider of residential energy flexibility, today announced the appointment of David Cooper as Chief Financial Officer. David joins OhmConnect from Ripple Foods where he helped lead the rapidly growing plant-based food company. He brings a track record of $24B+ in financial transactions, including IPOs, tax-free spin-offs, M&A, debt financings, an LBO, and a rights offering.

He joins as OhmConnect continues to drive the adoption of its industry-transforming technology across the U.S. David brings a strategic and operational focus in guiding Fortune 500 and privately held companies through rapid growth, complex issues, and organizational change.

"David's extensive background in finance management will be an invaluable asset as we work towards a 100% clean energy future," said Cisco DeVries, CEO, OhmConnect. "David's leadership at multiple industry-defining companies, coupled with his lifetime of support for a more sustainable world, makes him the ideal steward for OhmConnect's next phase of growth."

Cooper's appointment follows a year and a half of significant milestones for OhmConnect, including: new partnerships with Carrier, SunPower, and the Japan Energy Fundand $55M in Series D funding, led by ClearSky, Sidewalk Infrastructure Partners, and Telus Ventures to stabilize the grid and ensure a clean energy future.

"My passion for the transformative potential of OhmConnect's technology has me excited to join its exceptional leadership team," said Cooper. "OhmConnect is uniquely positioned to create a more stable electrical grid and usher in the new era of clean energy."

About OhmConnect

OhmConnect, winner of the 2021 Fast Company World Changing Ideas Award, helps hundreds of thousands of customers manage their at-home electricity and rewards them for smarter energy use. The company pays its customers for saving electricity when the grid is stressed and likely to utilize dirty power, unlocking clean, affordable, and reliable energy. With more than $17 million in rewards paid to its customers, OhmConnect is making a future of 100% clean energy accessible to everyone. Customers of the three major California electric utilities – Pacific Gas & Electric (PG&E), Southern California Edison (SCE), and San Diego Gas & Electric (SDG&E) – as well as Con Edison in New York, can sign up with OhmConnect for free at ohmconnect.com. Texas residents can select OhmConnect as their retail electric provider. Follow OhmConnect on Twitter @OhmConnect, read the OhmConnect blog or check them out on Facebook and LinkedIn.