Sunrun Appoints Katherine August-deWilde to Board of Directors

SAN FRANCISCO, Jan. 29, 2016 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq:RUN), the largest dedicated residential solar company in the United States, today announced that financial services leader, Katherine August-deWilde, has been appointed to the company’s board of directors. Ms. August-deWilde is the current vice chair and former president of First Republic Bank and is the first board member to join Sunrun since the company completed its initial public offering in 2015.

“Katherine’s background in both capital markets and developing a trusted customer-focused brand complements our efforts to help more homeowners save money with Sunrun solar and maintain our momentum in this rapidly growing industry,” said Lynn Jurich, chief executive officer of Sunrun.

Ms. August-deWilde has deep experience building a trusted brand through an intense focus on customer service. In addition to her current role, she has also served as First Republic Bank’s initial chief financial officer. Her leadership has helped the bank consistently grow its enterprise value over many years as well as receive recognition for its exemplary customer service. In addition to Sunrun and First Republic Bank, Ms. August-deWilde is also a board member of TriNet (NYSE:TNET) and Equilar (Private).

“I am delighted to join the Sunrun Board,” said Ms. August-deWilde. “Sunrun has a strong record of financial innovation and market leadership, and I am impressed by the company’s dedication to customer satisfaction. Our country is demanding cleaner, cheaper energy and I look forward to collaborating with Sunrun’s leadership team as they deliver on the promise of affordable solar power.”

Ms. August-deWilde also currently serves as a member of the Stanford University Graduate School of Business Advisory Council and a member of the Advisory Council of the Stanford Center on Longevity. She holds a Bachelor of Arts degree from Goucher College and a Masters in Business Administration from Stanford University’s Graduate School of Business.

About Sunrun
Sunrun (Nasdaq:RUN) is the largest dedicated residential solar company in the United States with a mission to create a planet run by the sun. Since establishing the solar as a service model in 2007, Sunrun continues to lead the industry in providing clean energy to homeowners with little to no upfront cost and at a savings to traditional electricity. The company designs, installs, finances, insures, monitors and maintains the solar panels on a homeowner's roof, while families receive predictable pricing for 20 years or more. For more information please visit: www.sunrun.com.

Forward Looking Statement
This press release contains forward-looking statements including, but not limited to, statements regarding the industry’s growth, Sunrun’s growth, customer savings and demand for our products and services. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. You should read the section entitled "Risk Factors" in Sunrun's quarterly report on Form 10-Q, which has been filed with the Securities and Exchange Commission and identifies certain of these and additional risks and uncertainties. We do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

U.S. Equal Employment Opportunity/Affirmative Action Information: Individuals seeking employment are considered without regards to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, or sexual orientation. 

Sunrun Media Contact
Sarah Mier
Sarah.Mier@sunrunhome.com
415-580-6817

Released January 29, 2016