Evergy Appoints Kirkland B. Andrews Executive Vice President and Chief Financial Officer


Evergy, Inc. (NYSE: EVRG) today announced Kirk Andrews will become the company’s executive vice president and chief financial officer, effective Feb. 22, 2021. Andrews fills the role currently held by Tony Somma, who announced his plans to depart the company on January 8.

As chief financial officer, Andrews will be responsible for Evergy’s corporate financial functions, including treasury, accounting, planning, tax, capital allocation, and investor relations. Andrews will also oversee the company’s performance management, corporate development and renewable energy development activities. Since March 2020, Andrews has been a member of the Evergy Board of Directors. Andrews served as a member of the board’s Strategic Review and Operations Committee, which worked with Evergy’s management team to craft the Sustainability Transformation Plan (STP) introduced in August 2020 following a comprehensive and independent review of the company’s operations. Andrews will vacate his Evergy board position when he assumes his new management role.

“Kirk has a track record of outstanding leadership as a chief financial officer and a wealth of knowledge and experience, including in the areas of corporate transformation, performance management and renewable energy strategy. As an Evergy board member, he played an integral role in the formation of our STP,” said David Campbell, Evergy President and Chief Executive Officer. “Kirk clearly stands out as the best person for this role. I am very excited for Kirk to join our executive team and help us to successfully execute the STP and advance the interests of all stakeholders and the communities we serve.”

Andrews, 53, currently serves as executive vice president and chief financial officer of NRG Energy, Inc. (“NRG”), a Fortune 500 integrated power company. Andrews’ focus at NRG included formulating NRG’s financial and capital allocation strategies, executing the company’s portfolio and balance sheet restructuring, overseeing the financing strategy for renewable energy development and the creation of NRG Yield, and helping to lead NRG’s corporate transformation, including significant cost and operational enhancements across the company.

Andrews joined NRG as chief financial officer in 2011 after a successful 15-year career in financial services. He served as Managing Director and subsequently headed the North American Power Investment Banking group at Citigroup Global Markets. Later, he served as Managing Director and co-head of Power and Utilities–Americas at Deutsche Bank. During his banking career, Andrews led numerous large and innovative strategic, debt, equity and commodities transactions. He currently serves on the board of directors for RPM International (NYSE: RPM), a high-performance coating, sealants and specialty chemicals company, where he is a member of the Audit Committee and previously served as co-chair of the Operating Improvement Committee.

“Over the last year, I have had the opportunity to work closely with Evergy’s leadership team and board. I know firsthand that this is a company building tremendous momentum behind an energizing vision for the future. I am excited to join Evergy’s leadership team to help bring this plan to life in a way that creates value for all of Evergy’s key stakeholders,” Andrews said. “The STP is a straightforward and highly executable plan, focused on cost management and investment in infrastructure modernization and renewables, enabling the company to advance its key objectives of reliability, affordability, and sustainability.”

Sustainability Transformation Plan

Evergy’s STP was announced in August 2020. The plan honors prior regulatory and merger commitments made in connection with Evergy’s formation, while furthering the company’s focus on grid modernization, renewable energy investment and cost management. Under the STP, Evergy plans continued cost discipline coupled with increased system investment to enhance the customer experience and improve system resilience and reliability. These capital investments are expected to support 5% to 6% compounded annual rate base growth from 2019 to 2024, targeting EPS compounded annual growth of 6% to 8% through 2024, consistent with top-performing utilities.

About Evergy, Inc.

Evergy, Inc. (NYSE: EVRG) serves approximately 1.6 million customers in Kansas and Missouri. We were formed in 2018 when long-term local energy providers KCP&L and Westar Energy merged. We are a leader in renewable energy, supplying nearly half of the power we provide to homes and businesses from emission-free generation. We support our local communities where we live and work and strive to meet the needs of customers through energy savings and innovative solutions.

Cautionary Statements Regarding Certain Forward-looking Information

Statements made in this press release that are not based on historical facts are forward-looking, may involve risks and uncertainties, and are intended to be as of the date when made. Forward-looking statements include, but are not limited to, statements relating to our strategic plan, including, without limitation, those related to earnings per share, dividend, operating and maintenance expense and capital investment goals; the outcome of legislative efforts and regulatory and legal proceedings; future energy demand; future power prices; plans with respect to existing and potential future generation resources; the availability and cost of generation resources and energy storage; target emissions reductions; and other matters relating to expected financial performance or affecting future operations. Forward-looking statements are often accompanied by forward-looking words such as “anticipates,” “believes,” “expects,” “estimates,” “forecasts,” “should,” “could,” “may,” “seeks,” “intends,” “proposed,” “projects,” “planned,” “target,” “outlook,” “remain confident,” “goal,” “will” or other words of similar meaning. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results to differ materially from the forward-looking information.

In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the Evergy, Inc., Evergy Kansas Central, Inc. and Evergy Metro, Inc. (collectively, the Evergy Companies) are providing a number of risks, uncertainties and other factors that could cause actual results to differ from the forward-looking information. These risks, uncertainties and other factors include, but are not limited to: economic and weather conditions and any impact on sales, prices and costs; changes in business strategy or operations; the impact of federal, state and local political, legislative, judicial and regulatory actions or developments, including deregulation, re-regulation, securitization and restructuring of the electric utility industry; decisions of regulators regarding, among other things, customer rates and the prudency of operational decisions such as capital expenditures and asset retirements; changes in applicable laws, regulations, rules, principles or practices, or the interpretations thereof, governing tax, accounting and environmental matters, including air and water quality and waste management and disposal; the impact of climate change, including increased frequency and severity of significant weather events and the extent to which counterparties are willing to do business with, finance the operations of or purchase energy from the Evergy Companies due to the fact that the Evergy Companies operate coal-fired generation; prices and availability of electricity in wholesale markets; market perception of the energy industry and the Evergy Companies; the impact of the Coronavirus (COVID-19) pandemic on, among other things, sales, results of operations, financial condition, liquidity and cash flows, and also on operational issues, such as the availability and ability of our employees and suppliers to perform the functions that are necessary to operate the Evergy Companies; changes in the energy trading markets in which the Evergy Companies participate, including retroactive repricing of transactions by regional transmission organizations (RTO) and independent system operators; financial market conditions and performance, including changes in interest rates and credit spreads and in availability and cost of capital and the effects on derivatives and hedges, nuclear decommissioning trust and pension plan assets and costs; impairments of long-lived assets or goodwill; credit ratings; inflation rates; the transition to a replacement for the London Interbank Offered Rate (LIBOR) benchmark interest rate; effectiveness of risk management policies and procedures and the ability of counterparties to satisfy their contractual commitments; impact of physical and cybersecurity breaches, criminal activity, terrorist attacks and other disruptions to our facilities or information technology infrastructure or the facilities and infrastructure of third-party service providers on which we rely; ability to carry out marketing and sales plans; cost, availability, quality and timely provision of equipment, supplies, labor and fuel; ability to achieve generation goals and the occurrence and duration of planned and unplanned generation outages; delays and cost increases of generation, transmission, distribution or other projects; the Evergy Companies’ ability to manage their transmission and distribution development plans and transmission joint ventures; the inherent risks associated with the ownership and operation of a nuclear facility, including environmental, health, safety, regulatory and financial risks; workforce risks, including those related to our ability to attract and retain qualified personnel, maintain satisfactory relationships with our labor unions and manage costs of, or changes in, retirement, health care and other benefits; disruption, costs and uncertainties caused by or related to the actions of individuals or entities, such as activist shareholders or special interest groups, that seek to influence our strategic plan, financial results or operations; the possibility that strategic initiatives, including mergers, acquisitions and divestitures, and long-term financial plans, may not create the value that they are expected to achieve in a timely manner or at all; difficulties in maintaining relationships with customers, employees, regulators or suppliers; and other risks and uncertainties.

This list of factors is not all-inclusive because it is not possible to predict all factors. Additional risks and uncertainties are discussed from time to time in current, quarterly and annual reports filed by the Evergy Companies with the Securities and Exchange Commission (SEC). Reports filed by the Evergy Companies with the SEC should also be read for more information regarding risk factors. Each forward-looking statement speaks only as of the date of the particular statement. The Evergy Companies undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210204005633/en/

CONTACT: Media Contact:

Gina Penzig

Manager, External Communications

Phone: 785-575-8089

[email protected]

Media line: 888-613-0003Investor Contact:

Cody VandeVelde

Director, Investor Relations

Phone: 785-575-8227

[email protected]



SOURCE: Evergy, Inc.

Copyright Business Wire 2021.

PUB: 02/04/2021 08:00 AM/DISC: 02/04/2021 08:01 AM


Commvault Appoints SaaS Veteran Isabelle Guis as Chief Marketing Officer

TINTON FALLS, N.J., Feb. 4, 2021 /PRNewswire/ — Commvault (NASDAQ: CVLT), a recognized global enterprise software leader in the management of data across cloud and on-premises environments, today announced the appointment of Isabelle Guis as Chief Marketing Officer (CMO). Guis will use her deep experience in marketing industry-leading cloud and SaaS-based solutions to take the reins of Commvault’s global marketing efforts.

“With Commvault’s strong momentum and leading product portfolio, it’s the perfect time for Isabelle to join,” said Sanjay Mirchandani, CEO, Commvault. “Based in the Bay Area, her experience is well aligned to our business and I’m confident her leadership will help drive our next phase of company growth.”

Guis brings two decades of experience in B2B technology marketing and has knowledge of multiple go-to-market motions, including SaaS, direct and through channel partners. She also brings expertise in product marketing and management across the IT industry. Most recently, she was vice president of sales cloud product marketing at Salesforce, where she oversaw product messaging, launches, and innovation for the Sales Cloud portfolio. Prior to Salesforce, she was the chief marketing and strategy officer at Egnyte, where she led the development and launch of a new offering that expanded Egnyte’s total addressable market (TAM) from $2B to $25B. Guis has also held executive and senior management roles at EMC Corporation, Big Switch Networks, Avaya, Cisco Systems, and Nortel Networks.

“Commvault’s position as an established player in data protection, with an industry-leading portfolio is compelling. That’s really what drew me to this opportunity,” said Guis. “The leadership team has some of the most recognized industry experts and the marketing organization is a smart, and high-functioning team. I can’t wait to make magic at Commvault with them.”

Guis was voted a Top 100 most influential B2B tech marketer in North America in 2016. She holds a Master of Business Administration degree from Harvard Business School and a Master of Science degree in Electrical Engineering and Computer Science from SUPELEC (Ecole Superieure d’Electricite) in Paris. She enjoys socially responsible traveling and providing pro bono consulting work to local Bay Area public and non-profit organizations.

About Commvault
Commvault is a worldwide leader in delivering data readiness, enabling customers to intelligently manage data with solutions that store, protect, optimize and use data. Commvault software automates mind-numbing IT tasks and makes data work harder for customers— so they can gain invaluable insights for their businesses. Commvault solutions work across cloud and on-premises environments, leveraging the digital tools and procedures already in use. Commvault software, solutions and services are available from the company and through a global ecosystem of trusted partners. Commvault employs more than 2,300 highly-skilled individuals across markets worldwide, is publicly traded on NASDAQ (CVLT), and is headquartered in Tinton Falls, New Jersey in the United States. Visit Commvault.com or follow us at @Commvault.

Safe Harbor Statement: Customers’ results may differ materially from those stated herein; Commvault does not guarantee that all customers can achieve benefits similar to those stated above. This press release may contain forward-looking statements, including statements regarding financial projections, which are subject to risks and uncertainties, such as competitive factors, difficulties and delays inherent in the development, manufacturing, marketing and sale of software products and related services, general economic conditions and others. Statements regarding Commvault’s beliefs, plans, expectations or intentions regarding the future are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from anticipated results. Commvault does not undertake to update its forward-looking statements. The development and timing of any product release as well as any of its features or functionality remain at our sole discretion.

©1999-2021 Commvault Systems, Inc. All rights reserved. Commvault, Commvault and logo, the “C hexagon” logo, Commvault Systems, Commvault HyperScale, ScaleProtect, Commvault OnePass, Unified Data Management, Quick Recovery, QR, CommNet, GridStor, Vault Tracker, InnerVault, Quick Snap, QSnap, IntelliSnap, Recovery Director, CommServe, CommCell, APSS, Commvault Edge, Commvault GO, Commvault Advantage, Commvault Complete, Commvault Activate, Commvault Orchestrate, Commvault Command Center, Hedvig, Universal Data Plane, the “Cube” logo, Metallic, the “M Wave” logo, and CommValue are trademarks or registered trademarks of Commvault Systems, Inc. All other third party brands, products, service names, trademarks, or registered service marks are the property of and used to identify the products or services of their respective owners. All specifications are subject to change without notice.

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SOURCE Commvault

SMART Global Holdings Appoints Ken Rizvi as SVP and Chief Financial Officer

SMART Global Holdings (SGH) appoints Ken Rizvi Senior Vice President and Chief Financial Officer. (Photo: Business Wire)

SMART Global Holdings (SGH) appoints Ken Rizvi Senior Vice President and Chief Financial Officer. (Photo: Business Wire)

NEWARK, Calif.–(BUSINESS WIRE)–Feb 2, 2021–

SMART Global Holdings, Inc. (“SGH” or the “company”) (NASDAQ: SGH) today announced that Ken Rizvi has been appointed Senior Vice President and Chief Financial Officer effective February 15, 2021, and will report to SGH Chief Executive Officer, Mark Adams.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210202005437/en/

SMART Global Holdings (SGH) appoints Ken Rizvi Senior Vice President and Chief Financial Officer. (Photo: Business Wire)

Current Chief Financial Officer, Jack Pacheco, will continue in his roles as Chief Operating Officer of SGH and President of SMART Modular Technologies, SGH’s Memory Solutions Business.

“Ken brings a strong blend of international finance, accounting and strategy experience to SGH,” stated Mark Adams, SGH CEO. “Leveraging his years of financial leadership in the technology industry, I believe Ken will have a positive impact on SGH and also enable Jack to focus on his critical roles as COO of SGH and President of SMART Modular.”

As CFO, Rizvi will lead SGH’s global finance organization and be responsible for accounting, finance, corporate development, treasury, tax and investor relations. “I am thrilled to be joining SGH and I look forward to working with Mark and the team at such an exciting time in the company’s transformation,” commented Rizvi.

Rizvi’s appointment enables Mr. Pacheco to focus on his ongoing roles as COO of SGH and President of SMART’s Memory Solutions business. “I want to thank Jack for his service as CFO of SGH and I look forward to continuing to partner with him in leading SMART on the execution of our growth and diversification strategy,” said Adams.

Mr. Rizvi joins SGH from UTAC Holdings Ltd., a global semiconductor assembly and test services provider, where he served as the Chief Financial Officer. Prior to that, he held the CFO role at Isola Group and served as VP of Finance & Treasurer at Micron Technology. Mr. Rizvi has more than 20 years of experience in the technology industry with senior leadership roles at UTAC, Isola, Micron and ON Semiconductor. He also served as an associate with Technology Crossover Ventures , a leading private equity and venture capital firm, and as an investment banker at Morgan Stanley. Rizvi holds an Executive MBA from the W.P. Carey School of Business at Arizona State University, and a Bachelor of Arts degree in Economics from Yale University.

About SMART Global Holdings – SGH

SGH is comprised of business units that are leading designers and manufacturers of electronic products focused on computing and memory technology. These businesses specialize in application-specific product development and support for customers in enterprise, government and OEM sales channels.

Customers rely on SGH businesses as their strategic suppliers providing exceptional customer service, product quality, and technical support with engineering, sales, manufacturing, supply chain and logistics capabilities that span the globe. SGH’s businesses support customers in communications, storage, networking, mobile, industrial automation, IoT and industrial IoT, government, military, and computing including edge and high-performance computing markets. SGH businesses operate in three primary areas: specialty compute and storage solutions, specialty memory products, and Brazil.

For more information about SGH business units, visit: SMART Modular Technologies; SMART Embedded Computing; SMART Wireless; SMART Supply Chain Services; and Penguin Computing.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210202005437/en/

CONTACT: Investor Contact:

Suzanne Schmidt

Investor Relations for SMART Global Holdings, Inc.

+1 (510) 360-8596

[email protected] Contact:

Maureen O’Leary, Marketing

SMART Modular Technologies

+1 (602) 330-6846

maureen.o’[email protected]



SOURCE: SMART Global Holdings, Inc.

Copyright Business Wire 2021.

PUB: 02/02/2021 09:00 AM/DISC: 02/02/2021 09:01 AM


Uptake Appoints Tim Clutter as VP of Finance

CHICAGO, Jan. 26, 2021 /PRNewswire/ — Uptake, the leading intelligence system purpose-built for the cloud era of industrial asset management, announced today the appointment of Tim Clutter as Vice President of Finance. As Uptake scales its operations to support a growing deployment base of its Industrial AI software globally, Clutter will head its finance, accounting, and reporting functions. With over 12 years managing finance and accounting departments in digital companies, Clutter brings extensive experience helping businesses undergo stable expansion.

“Tim joins Uptake having managed complex, cross-functional teams across finance, accounting, customer service, and operations, especially during periods of significant growth and evolution,” said Kayne Grau, President of Uptake. “His seasoned leadership in wide-ranging areas for digital companies positions Uptake to build out its operations with financial discipline.”

Prior to Uptake, Clutter was divisional VP of Finance of Apartments.com, a CoStar Group company. During his ten years in the role, he led the finance and accounting teams as the company acquired ApartmentFinder, ForRent, and Cozy, growing revenues from $65M to over $600M. In addition, Clutter led its customer service and operations for four of those years. Earlier in his career, Clutter was the head of finance for HomeGain, an online platform that connects real estate agents, brokers, buyers, and sellers, where he simplified the enterprise accounting and reporting structures for a diverse set of stakeholders.

“Uptake is building out an expanding ecosystem of strategic industry partners, resellers, systems integrators, and industrial customers at the same time it broadens the scope of its own operations to deliver precision Industrial AI at scale,” shared Clutter. “The continued sustainability of our growth is my number-one priority as we strengthen our leadership position.”

Clutter joins Uptake as the company was recently recognized as one of the MostInnovative Companies of 2020 by Crain’s Chicago Business. The company also recently announced its partnership with RCI to enhance Industrial AI for the asset-intensive industries with the root cause analysis tool EasyRCA.

Uptake is the intelligence system for industrial assets. Uptake’s AI-enabled products give all departments — maintenance, reliability, operations, and financial teams — a single, shared view of every operational asset. Uptake brings together the Industry 4.0 vision of combining artificial intelligence (AI) and machine learning (ML) to derive more value from existing asset management systems. With 30+ patents and unparalleled data science models, Uptake delivers superior insights that mitigate risk, optimize maintenance strategy and asset performance, reduce costs, and enhance safety. Recognized for leadership in industrial IoT (IIoT) by the World Economic Forum, CNBC and Forbes, Uptake is headquartered in Chicago with presence in Canada, South America, Europe, India, and Australia. Follow us at www.uptake.com and on Twitter and LinkedIn.

Bob Francis, VP of Marketing & Analyst Relations
[email protected]; 312-242-2200

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