Eos Energy Enterprises appoints new CFO

Batteries being installed by a crew.

Eos Energy Enterprises appointed Randall “Randy” Gonzales as its chief financial officer, to succeed Sagar Kurada, who has announced his intention to resign, effective Jan. 11, according to a Tuesday announcement from the Edison-based company.

As CFO, Gonzales will lead Eos’ finance organization and financial activities, including accounting and controllership, financial planning and analysis, tax, investor relations and treasury.

“Randy is a proven industrial CFO with a superior track record of delivering results and creating value. … He is a high-impact executive who brings a unique blend of capital allocation discipline, well-honed operating skills and transformational leadership abilities. He will be a strong partner as we execute on our strategic plan to grow our business and deliver strong operating results, and I’m pleased to have someone of such high caliber join the Eos team,” Eos CEO Joe Mastrangelo said.

Gonzales previously served as executive vice president, chief financial officer and treasurer of Lydall Inc., a global provider of specialty filtration and engineered materials solutions, where he led the company’s accounting & finance, strategy & transformation, tax, treasury, internal audit, investor relations and information technology organizations.

From December 2014 to March 2018, Gonzales was senior vice president, chief financial officer and treasurer of Caterpillar’s Rail Division, a multibillion-dollar global supplier of railroad and transit system products and services. From March 2004 to November 2014, Gonzales held financial and operational leadership roles of increasing responsibilities within Nissan Motor Co. Ltd., a Fortune Global 50 automotive manufacturer, where he spent almost six years at Nissan’s global headquarters in Japan.

“Eos is at the forefront of solving the critical challenge of providing affordable, reliable clean energy through their innovative long-duration energy storage technology, and I am excited to join at a time of significant opportunity for the company,” Gonzales said.