Flux Power Appoints Kevin Royal as Chief Financial Officer
Flux Power Holdings, Inc. (NASDAQ: FLUX ), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced the appointment of Kevin Royal, CPA, a seasoned finance and accounting executive, as Chief Financial Officer of the Company, replacing Chuck Scheiwe as part of a planned transition given the Company’s strong financial performance and inflection point.
- Flux Power Holdings, Inc. (NASDAQ: FLUX ), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced the appointment of Kevin Royal, CPA, a seasoned finance and accounting executive, as Chief Financial Officer of the Company, replacing Chuck Scheiwe as part of a planned transition given the Company’s strong financial performance and inflection point.
- Kevin Royal brings over 20 years of experience as a Chief Financial Officer for four publicly traded companies, with oversight of Finance, Accounting, IT, HR, Legal, Investor Relations, and M&A.
- As Chief Financial Officer of Flux Power, Mr. Royal will provide financial leadership to assist in building on the Company's goal of delivering value to its shareholders by implementing short, medium and long-range financial planning, budget development, risk management, corporate strategic development, system implementation, process improvement, regulatory compliance reporting, financial reporting for management, internal controls and tax advice.
- “On behalf of our board and management team, I would like to welcome Kevin as our Chief Financial Officer, and we are privileged to have someone of his caliber and financial skill set serve as our CFO,” said Ron Dutt, Flux Power Chief Executive Officer.