What Happened?
Herndon, VA-based Greensmith-Energy-Management-Systems Appointed John Jung as Chief Executive Officer
About the Company
Greensmith is the leader in grid-scale, distributed, intelligent energy storage technologies and solutions. Greensmith`s systems combine cloud computing with battery storage and management technologies to help solve complex problems related to critical changes unfolding on the electrical grid. The company developed and deployed over 24MW of energy storage in 2014 alone. Greensmith`s fourth generation software platform – GEMS – is used for voltage and frequency regulation, peak shaving, PV smoothing, microgrids, and back-up power for critical loads. Greensmith’s customers include utilities, power developers, independent power producers, and commercial and industrial firms. Greensmith is VC backed and also funded by strategic power firms.
About the Person
As CEO, John has led the company from concept to market leadership in grid-scale energy storage technology since joining in 2009. He set the commercial and strategic vision for Greensmith early on: to provide the energy storage technology platform of choice to customers and partners leveraging a battery-agnostic, software-optimized and distributed network approach. Prior to Greensmith, John spent over 20 years building high-growth, B2B technology companies and was a strategy consultant to a number of vertical sectors including the electric utility industry. John held C-level roles at four venture capital-backed technology companies operating globally, including a consortia-based electronic marketplace that served 21 of the 25 largest electric utilities in North America. John also served as a senior strategy consultant for A.T. Kearney and Braxton Associates in the areas of corporate/business unit strategy, enterprise transformation and portfolio/growth strategy. John holds an MBA from the Richard Ivey School of Business and an undergraduate degree in Economics and Sciences from the University of Western Ontario.
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