One Energy Enterprises Inc., an industrial power company, announced the appointment of Thomas “Tom” Russell to the position of Chief Financial Officer, reporting directly to CEO Jereme Kent.
Mr. Russell is a global financial planning and analysis leader with more than 20 years of experience. Most recently, Mr. Russell served as CFO for CPBS Holdings, a private equity sponsored provider of diagnostic maintenance and repair services for laboratories prior to its acquisition by Avantik in 2023, where he led the company’s financing strategy and accounting functions. He also previously served as the CFO of Fresh Products, LLC. Mr. Russell has served as Director of Global Financial Planning & Analysis at Cooper Tire & Rubber Company (NYSE: CTB) and Vice President of Financial Planning & Analysis at Welltower (NYSE: WELL). Mr. Russell is also a certified public accountant.
“Tom is a welcome addition to the team, bringing extensive financial experience from global enterprises that will help One Energy navigate the challenges associated with growing its business as it transitions to the public capital markets,” said Jereme Kent, CEO of One Energy. “Tom will play a key role in advancing our vision of reshaping the utility industry and building our portfolio of industrial clients that want to take back control of their power needs and transition to a more sustainable, reliable, and cost-effective energy solution.”
“It’s an honor to be joining the world-class team at One Energy,” said Mr. Russell. “I look forward to advancing One Energy’s mission of bringing on-site, behind-the-meter, renewable energy generation to American industry and leading the charge on building out the much-needed electric semi-truck charging infrastructure in the Midwest.”
Mr. Russell will be based out of One Energy’s headquarters in Findlay, Ohio.
One Energy recently announced several major initiatives, including the start of operations at its first high-voltage Megawatt Hub, which provides high-volume power connections for industries that require significant loads of power for their operations, such as electric truck charging, digital currency mining, and indoor farming. In October, One Energy energized the largest electric semi-truck charging site in the U.S. at its 30 MW Megawatt Hub Site in Ohio. Last month, One Energy launched a new electric semi-truck trial program known as “Just Roll,” inviting fleet operators to test its new electric semi-trucks, including the Daimler eCascadia.
SOURCE : BusinessWire