"Chris Lister, who joined Redwood Materials as chief supply chain officer and was promoted to COO in 2024, is retiring, marking a significant leadership change for the company."
"The recent layoffs, affecting around 135 employees, are part of a restructuring effort to bolster Redwood's growing energy storage business, as stated by CEO JB Straubel."
"Redwood Materials has recently signed agreements with Rivian and Crusoe to provide refurbished batteries for grid storage, indicating a strategic shift in their business focus."
"Other notable executive departures include Bradley Mayhew, Guillermo Urquiza, and Carlos Lozano, all of whom have transitioned from Redwood to other opportunities."
Chris Lister, the COO of Redwood Materials, is retiring after a brief tenure that began in late 2023. He previously worked at Tesla's Nevada Gigafactory. His departure follows a recent layoff of about 10% of the workforce, part of a restructuring aimed at supporting the company's energy storage business. Other executives, including Bradley Mayhew, Guillermo Urquiza, and Carlos Lozano, have also left the company recently. Redwood has signed deals with Rivian and Crusoe for refurbished batteries for grid storage.
Read at TechCrunch
Unable to calculate read time
Collection
[
|
...
]