Astrum Solar Announces Hiring of Tom Sinnott as EVP and Chief Financial Officer

Award-winning CFO brings high-growth expertise to leader in home and business solar installations

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| Source: Astrum Solar

Annapolis Junction, MD, May 7, 2014 (GLOBE NEWSWIRE) -- Astrum Solar announced today that the national full-service solar installer serving homeowners and businesses has added Tom Sinnott as its newest EVP and Chief Financial Officer. Tom brings a significant amount of financial and operational experience in helping companies with national footprints grow their top and bottom lines through optimizing management of their corporate, sales and operational teams.

"I am extremely pleased about joining Astrum Solar, a top-tier performer in the enormous and rapidly growing residential solar industry," Sinnott stated. "Joining a team of this caliber is exciting and I look forward to contributing to Astrum's sales and operational expansion plans and solidifying its position as a market leader."

"Tom's has contributed to dramatic revenue and profit growth in virtually every assignment he has had for three decades," said Vadim Polikov, Astrum Solar's co-founder, and CEO.  "His experience in high-growth environments will help drive Astrum Solar to higher levels of operating efficiency and profitability and strengthen our position as a market leader."

Prior to joining Astrum, Tom had a history of success over his 30 year career. Early on he worked as an auditor at Deloitte, Haskins and Sells, then as a Controller at Jiffy Lube International, McGill Development Company, and Fair Lanes. Later Tom was named the CFO at Ajilon Consulting, an IT consulting and staffing firm that grew tenfold to $700 Million in revenue with over 5,000 employees across 40 branches during his 13-year tenure. For the following three years he was the CFO of Atlantic Industrial, a private equity owned company with revenues of $230 million that provided in-plant services to Fortune 100 companies and had 2,000 employees across nine branches. Afterwards, Tom became the CFO at Cornerstone Records Management, a private equity owned company that grew to over $60 million in revenues and 370 employees in just a few years. Most recently, Tom was the CFO for at Tate Engineering Systems, an engineering and service company with projects spanning two to four months in duration.

Tom has a Bachelor's degree in Accounting from the University of Notre Dame, an MBA from Loyola University in Maryland, and a CPA in Maryland. In March 2012, Tom received the Mid-Atlantic CFO of The Year Award by Smart CEO Magazine and he also sits on the board of directors of two Maryland-based companies.

About Astrum Solar

Astrum Solar is a leading national full-service residential solar provider, serving homeowners and small businesses in California, Connecticut, Delaware, Maryland, Massachusetts, New Jersey, New York, Ohio, Pennsylvania, Virginia, Washington, DC, and West Virginia. Astrum Solar's mission is to spread solar power to the rooftops of America and to ensure that its customers get the most out of their solar panels: the most energy generated, the most electricity savings, the most beneficial environmental impact, and the most joy each time they see a sunny day. Astrum Solar was on the Inc. 500 Fastest Growing Companies List in 2012 and 2013. (http://www.astrumsolar.com)

Jose Ramos
Astrum Solar
707.495.8049