MegaPath veteran brings strong track record of revenue growth to nation’s leading solar service provider
SAN MATEO, Calif., Jan. 19, 2011—SolarCity®, a national leader in solar power financing, design, installation, monitoring and energy efficiency services, today announced that Dan Foster has joined the company as vice president of sales. Foster will report to CEO Lyndon Rive and oversee SolarCity’s growing national sales organization. He brings more than 20 years of executive-level sales experience to his role. Foster joins SolarCity at a time of increasing growth. The company passed the 10,000-customer mark in December, hired more than 450 new employees in 2010, and recently added a range of new energy efficiency services to its existing offering.
“Dan Foster has consistently grown revenues and evolved sales organizations at every step in his career,” said Rive. “SolarCity is already the largest solar service provider in the nation, and we expect to double in size and sales again this year. Dan is the perfect leader to help us reach our future goals.”
Foster joins SolarCity from MegaPath, Inc., North America’s leading provider of managed IP communications services. As MegaPath’s executive vice president of sales, Dan grew the company’s annual revenues from $5 million to $500 million. Prior to MegaPath, Foster served as president and CEO of Phoenix Networks, a national broadband service provider. Earlier in his career, Foster was a partner at Analysis Group (formerly INTEGRAL, Inc.), an international management consulting firm.
“SolarCity is creating a national company that will have a lasting impact; to significantly increase America’s use of clean power,” said Foster. “I share SolarCity’s vision and look forward to building the leading sales culture in the sustainability space.”
Foster holds dual bachelor’s degrees from Tufts University in engineering and literature, and he received a fellowship to intern with the U.S. Department of Defense as an engineer. He has also completed Harvard Business School’s executive program for management development.
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Photo Caption: Dan Foster, Vice President of Sales
About SolarCity
SolarCity®—a national leader in clean energy services—provides homeowners, business and government organizations cleaner, more affordable alternatives to their utility bills. The company makes it simple for customers to lock in lower, long-term rates for clean energy by providing everything from permitting and installation to ongoing monitoring and maintenance. Additional information about the company is available on the Web at www.solarcity.com.