Vivint Solar welcomes new finance team leadership

PROVO, USA: Vivint Solar, the second largest US residential solar provider, named two new finance executives, Dana Russell, CFO, and Rich Larson, VP of finance, to its leadership team.

The executives bring more than two decades of experience in technology and finance to help propel the company into a successful future, aided by a recent addition of $40 million in tax equity funding.

The new financing brings Vivint Solar's total to $780 million, closing 2013 with more than three quarters of a billion dollars in solar tax equity funding and project financing.

"These leadership team additions come at a crucial moment in the company's development and will ensure that we have top-notch financial and accounting experts at the helm as we position Vivint Solar as the premier residential solar provider," said Greg Butterfield, CEO of Vivint Solar.

"Dana brings a wealth of knowledge from his experience as a CFO in both rapidly growing environments and large publicly traded companies, and Rich's deep background stems from more than 17 years in public accounting as well as public and private corporations. Together their skills will guide us as we use the new funding to build our company and its value to our expanding customer base."