Friday, March 21, 2014

RGS Energy (RGSE) Appoints Dennis Lacey as SVP of Finance

RGS Energy, a provider of solar energy solutions for commercial, residential, and utility customers, has named Dennis Lacey to the new position of senior vice president of finance. In this position, Lacey will be responsible for implementing and managing the company’s residential lease financing program.

“We welcome Dennis’ deep knowledge and executive experience in public and private equipment lease finance companies,” RGS Energy CEO Kam Mofid stated in the news release. “He is an ideal executive for developing our residential solar leasing program having been the CEO of a publicly traded leasing company and having started the leasing division for a NYSE listed bank.”

Lacey has more than 25 years of executive financial management experience, including holding executive financial positions at Imperial Bancorp, a $6 billion publicly traded commercial bank known for its high-tech lending practice before it was acquired by Comerica. Lacey served as Imperial Bancorp’s executive vice president and CFO, president of the SBA Division, and president of the Equipment Leasing Division.

Prior to Imperial Bancorp, Lacey also served as president and CEO of leasing company Capital Associates; CFO of multi-billion dollar publicly traded companies, TeleTech and CKE Restaurants; head of capital markets for a private investment firm engaged in aircraft leasing and other alternative asset investment and management; and as an audit partner at Coopers & Lybrand.

“I am excited to join RGS Energy and lead the development of our in-house leasing program for residential solar,” Lacey stated. “This new financing capability will augment our already strong relationships with third-party financiers, allowing us to accelerate growth while benefiting from the long-term ownership of the solar assets we originate and deploy. We will continue to also offer cash sales and loan options as we do today to ensure we always can meet the specific economic objectives of our customers.”

For more information visit www.rgsenergy.com

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